Is Miami Beach Condo Market Losing Its Allure With Buyers?
Expert Peter Zalewski of the Miami Condo Market Investing Club™ will discuss the latest Miami Beach market trends at the next Monthly Meeting at Noon (EST) on Wednesday, March 12, 2025.
This current version of Miami Beach has been a tourist magnet for more than 25 years, attracting everyone from Wall Street titans to sports stars, pretty people to tech moguls.
Many of these tourists, in time, ultimately traded in their visitor status for Miami Beach residency, purchasing luxury condos and mega mansions.
This influx of wealthy buyers has propelled Miami Beach into one of the most expensive condo markets in Florida as well as the Southeast.
Indirectly, neighboring condo markets have benefitted from the spillover effect as some prospective buyers chose to live nearby due to lower prices, newer units and/or the personal preference of not living in the heart of Miami Beach’s party-like atmosphere.
At least that was the case until this South Florida Winter Buying Season, which runs from November 2025 through April 2025. .
A review of the latest Winter Buying Season statistics from November through January shows the Miami Beach condo market is currently in a rough patch with decreasing sales, increasing resale inventory and a widening spread between asking prices and transaction prices.
This raises the question, has Miami Beach lost its allure with buyers?
Expert Peter Zalewski of the Miami Condo Investing Club™ will discuss the latest Miami Beach market trends, opportunities and pitfalls at the March Monthly Meeting scheduled for Noon (EST) on Wednesday, March 12, 2025.
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 March 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 March Monthly Meeting is available at the bottom of this report behind the paywall. Additionally, a private link will be emailed to subscribers on Tuesday, March 11, 2025, before the Monthly Meeting on Wednesday, March 12, 2025.
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 2024-25 South Florida Winter 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, Feb. 18, 2025, in Miami.
As with the Monthly Meetings, the Meetup events are exclusively for members of the Miami Condo Investing Club™.
For those wanting even more access, the Founders Club membership offers Text/WhatsApp/email access to Peter Zalewski, an hour of consulting ($700 value) and an invitation to all of the Private Lunch Seminars with experts to discuss the latest condo trends and topics.
We crunch a lot of statistics each week and then publish the results byway of a series of reports posted on MiamiCondo.Club.
If you want the reports emailed to you, just sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: MiamiCondo.Club
Additionally, we encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube.
As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006.
If you are seeking information on condo resales in South Florida, please visit CondoVulturesRealty.com or call the office at 305.865.5859.
The views and opinions expressed in this report are for general informational purposes only. It is believed to be accurate and complete based on current market trends but cannot be guaranteed or warranted as circumstances change without notice. It should not be considered as financial, legal, tax or investment advice. This content should not be relied upon as the sole basis for making any financial decisions. Before making any investment or financial decisions, you should consult with a qualified professional to determine the suitability of any investment or strategy for your individual circumstances and goals.
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