Has A South Florida Vintage Condo Selloff Begun?
Expert Peter Zalewski of the Miami Condo Market Investing Club™ will discuss the state of the Vintage condo market at the next Monthly Meeting on Wednesday, June 11, 2025.
Has the long expected selloff of Vintage condos units that are at least 30 years old finally begun in South Florida?
A link to the June 2025 virtual Monthly Meeting and supplemental charts are available at the bottom of this report for members of the Miami Condo Investing Club™.
Just one month into the 2025 Summer Buying Season, the South Florida Vintage Condo Cliff Index™ is flashing warning signs that buyer activity for older units is plummeting.
The Summer Buying Season is a six-month period of increased heat, humidity and hurricane possibilities that stretches from May through October that historically results in fewer out-of-town buyers, marque events and crowded restaurants.
The Index - a weekly measurement of active listings and pending sales in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach - dropped for a third consecutive week on June 3, 2025.
This latest drop marks the fourth decrease in five weeks and the seventh in 10 weeks, according to a new report.
It is against this backdrop that Miami condo expert Peter Zalewski is scheduled to discuss the latest trends in the Vintage condo market at the next virtual Monthly Meeting of the Miami Condo Investing Club™ scheduled for Noon (EST) on Wednesday, June 11, 2025.
Zalewski will also provide an update on the the numerous headwinds impacting the South Florida Vintage condo market including:
Sizable maintenance fees;
Hefty special assessments;
Expensive insurance rates;
Record-high unit prices;
Costly mortgage rates;
And recession fears.
Zalewski - who is a former business journalist, Wall Street consultant, expert witness and licensed Florida real estate buyside broker - is frequently quoted in local, national and international news stories about the South Florida condo market.
The Club’s June Monthly Meeting is your opportunity to listen to Zalewski’s 60-minute-long presentation and ask questions during the 15-minute Questions and Answers session that will follow.
A video copy of the presentation will be available for viewing afterwards.
The Monthly Meeting is exclusively for Club members. If you are not yet a member, you can join the Club on a monthly basis for $39.99 with this link.
A private link for the June Monthly Meeting is available at the bottom of this report behind the paywall.
The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida.
Besides real estate professionals, developers and lenders, the Club is also ideally suited for Do-It-Yourself (DIY) condo buyers and real estate agents, alike, who can utilize our latest statistics, expert opinions and access to consulting services.
All of the Club’s preferred vendors have also been invited to the event, including:
Veteran title expert Clarita Rosa of Miami-based Candor Title & Closing Services;
Permit and planning expert Anne-Christine Carrie of Miami 21 Zoning & Entitlements;
Construction contractor Andres Alvarez Murcia of 3A Quality Services Construction And Remodeling;
Wholesaler Jose Suarez of Global Inventory Liquidators;
And veteran lender Grant Stern of Morningside Mortgage Corp.
It is worth noting that all of the Club’s Monthly Meetings are scheduled to be held at Noon (EST) on the second Wednesday of every month. Here is the schedule for the 2025 South Florida Summer Buying Season:
Besides access to all reports, charts and Monthly Meetings, the Club also hosts regular MeetUp events for members to talk shop, pitch their services and discuss the latest trends they are witnessing in the trenches of Miami’s volatile condo market.
The next MeetUp event is scheduled from 5.30 pm to 8 pm Tuesday, June 17, 2025, in Coral Gables in Miami-Dade County.
As with the Monthly Meetings, the Meetup events are exclusively for members of the Miami Condo Investing Club™. Here is the schedule for the 2025 South Florida Summer Buying Season:
For those wanting even more access, the Founders Club membership offers Text/WhatsApp/email access to Peter Zalewski, an hour of consulting ($800 value) and an invitation to all of the Private Lunch Seminars with experts to discuss the latest condo trends and topics. Here is the schedule for the 2025 South Florida Summer Buying Season:
It is worth noting that we are sharing a portion of our research for free to our newsletter subscribers and MiamiCondo.Club readers, providing a glimpse into our insights.
For full access to our comprehensive reports, statistical charts, monthly virtual meetings, and exclusive meetup events, we invite you to join the Miami Condo Investing Club™.
The Club's mission is to foster a community that shares real-time, actionable intelligence on the latest real estate trends, emerging opportunities and trusted service providers throughout South Florida.
Whether you're a Do-It-Yourself (DIY) condo buyer or a seasoned real estate professional, the Club provides invaluable resources, including up-to-date statistics, expert analysis, and access to tailored consulting services.
We also encourage you to explore our podcast, available on all major platforms such as Apple, Spotify and YouTube, for insightful discussions and updates.
As always, our consulting, expert witness and buyside brokerage services remain available to you, building on our established reputation since 2006.
For specific information regarding condo resales in South Florida, please visit CondoVulturesRealty.com or contact our office directly at 305.865.5859.
This information is intended for general informational purposes only and is based on research, personal experience, and interviews. It does not constitute legal advice, as we are not legal professionals. While we strive for accuracy and completeness, this information is provided on an "as is" basis, without any warranties or guarantees.
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