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Transcript

Have Miami Condo Prices Peaked In Brickell Avenue Area?

In this episode of the Miami Condo Mondays™ live podcast, we discuss the juxtaposition of condo prices and rental rates in the Brickell Avenue Area of Greater Downtown Miami.

Miami Condo Mondays™ is a live podcast hosted by Peter Zalewski of the Miami Condo Investing Club™ and veteran broker Jenny Huertas of CVRRealty.com providing an in-depth look at the latest residential real estate trends in South Florida.

Recorded weekly in Greater Downtown Miami, the podcast offers a one-hour discussion on various real estate topics, including pre-construction condos, market trends and investment strategies.

The hosts share their expertise, with Zalewski focusing on macro perspectives and Huertas offering micro insights from her on-the-ground experience.

Tune in every Monday at 4 PM (EST) on the social media accounts of Zalewski and Huertas for insights on the latest trends in the South Florida condo market.

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This episode explores the Brickell Avenue Area condo market where supply has topped 18 months at the start of the 2025 Summer Buying Season that stretches from May through October, according to a recent report.

Zalewski and Huertas explore the past, present and future of Greater Downtown Miami with an emphasis on the Brickell Avenue Area that stretches from the Eddie Rickenbacker Causeway north to the Miami River, and Biscayne Bay west to Interstate 95.

During the 75-minute podcast, Zalewski and Huertas delve into Vintage condos that are at least 30 years old, the burgeoning preconstruction projects and the intricacies of the local rental market in the Brickell Avenue Area submarket.

They also share insights from a recent Miami Condo Correction Walking Tours™, Greater Downtown Miami market data and future real estate trends in the Brickell Avenue Area.

The conversation includes discussions about the impact of the Florida Condo Act, Miami-Dade County’s 40-year recertification process and the “1% Rule” of real estate.

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Miami Condo Mondays™ Podcast Timeline:

00:00 Introduction to Miami Condo Mondays

01:00 Meet the Hosts: Peter Zalewski and Jenny Huertas

02:04 Exploring Greater Downtown Miami

06:23 Historical Insights: The Evolution of Miami's Condo Market

12:53 Brickell Avenue: Past and Present

30:00 Current Market Analysis and Trends

40:33 The Evolution of Reserve Studies

41:12 The Financial Impact of Condo Maintenance

42:22 Condos as Commodities

43:14 Current Market Prices and Trends

44:31 Pre-Construction Pricing Insights

47:06 The Reality of Condo Resale Market

47:56 Investment Concerns and Market Volatility

55:29 The 1% Rule in Real Estate

59:32 Rental Market Dynamics

01:02:58 Miami Condo Market Intelligence Report

01:11:06 Final Thoughts and Upcoming Events

For more videos, please visit our Podcasts.

DIY with the club

We are pleased to offer 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, virtual Monthly 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 realtime, actionable intelligence on the latest real estate trends, emerging opportunities and trusted service providers throughout South Florida.

Whether you are 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.

An added benefit of the Club is that members receive discounts on all Miami Condo Correction Walking Tours™. Please visit MiamiCondoClub.eventbrite.com for a schedule of upcoming tours.

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 discounted condo resales or bulk deals 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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