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Meet Miami Investor Buying Vintage Condos At Discounts Up To 80% In South Florida

In this episode of the Condo Capitalism™ - A Miami Distressed Real Estate Podcast, host Peter Zalewski interviews veteran investor Jose Suarez about purchasing three condos for about $230,000.

The newly launched Condo Capitalism - A Miami Distressed Real Estate Market Podcast is a weekly show about the players, data and trends revolving around foreclosures, bank-owned units, shortsales and real-estate owned (REO) properties in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.

The program - hosted by Peter Zalewski of the Miami Condo Investing Club™ - is broadcast live every Thursday at 4 pm (Miami time) at MiamiCondo.Club and on his social media sites.

The objective of the show is to deliver straight talk, share institutional knowledge and provide data-driven analysis on the macro and micro economic forces shaping the South Florida distressed condo market.

With the Florida Condo Association Financial Cliff fully underway, Zalewski and his guests will analyze how the pressure could ultimately lead to a period of capitulation by cash-strapped unit owners..

The show explores how the national “two-sided risk”—the rising inflation and falling employment warned about by Federal Reserve Chairman Jerome Powell—magnifies the local crisis, revealing where high assessment costs clash with potentially collapsing unit values to create the next wave of deeply discounted deals.

Join Miami condo expert Peter Zalewski every Thursday at 4 pm (Miami time) at MiamiCondo.Club for a live discussion about successfully navigating - and capitalizing on - the volatile South Florida real estate market.

On-demand recording of all shows are available here.

In addition to Condo Capitalism™ on Thursdays, the other podcasts that are also broadcast live at 4 pm (Miami time) are Miami Condo Mondays™ with Jenny Huertas of CVRRealty.com on the first day of the work week, The Peter Zalewski Show™ on Wednesdays and Buy, Sell Hold Miami™ with Daniel Hernandez of Compass Real Estate on Fridays.

A new Tuesday podcast about South Florida condo data trends will be added in the coming weeks.

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Episode Overview

In the Nov. 6, 2025, premiere of Condo Capitalism - A Miami Distressed Real Estate Market Podcast, host Peter Zalewski interviews veteran investor Jose Suarez of Global Inventory Liquidators.

Suarez—a co-founder of the Dade Real Estate Investors Association (DREIA) in 1996 and a 30-year veteran of South Florida’s “fix-and-flip” market—offered a stunning, real-world case study of the current state of the distressed market in the tricounty region of Miami-Dade, Broward and Palm Beach.

Suarez recently acquired three Vintage condo units that are at least 30 years old for a combined $230,000.

With an estimated combined value of $825,000, Suarez purchased the trio of units at shocking 72 percent discount, which Zalewski said is part of the growing evidence that the South Florida condo market is showing signs of unraveling at the start of the 2025-26 Winter Buying Season.

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Notably, Suarez purchased one Vintage unit in Western Broward County at an 80 percent discount or 20 cents on the dollar.

During the 87-minute show, Zalewski and Suarez discussed the growing pressure now hindering the South Florida condo landscape, driven by rising maintenance fees, hefty special assessments and pricey insurance at a time of growing resale supply, slowing transactions and falling prices.

Conditions changed for the South Florida market after the Surfside condo collapse in June 2021 when nearly 100 people died a $1 billion settlement was paid out to the families of the victims.

In the aftermath, Florida has revised its laws to require increased condo association board transparency, mandatory capital reserves and a series of inspections—Structural Integrity Reserve Studies (SIRS) every 10 years and Milestone Inspection when a project reaches 30 year old—to avoid a repeat of the Surfside tragedy.

The changes are reportedly overwhelming some unit owners who can no longer afford or desire to live in a condo.

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In one of Suarez’s distressed acquisitions, the seller was facing foreclosure from the condo association for nonpayment of maintenance fees.

The extreme legal pressure resulting from the unpaid maintenance fees, rising expenses and a lack of buyers triggered a swift sale in the week preceding a scheduled foreclosure auction.

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