Condos on Ice: How Tough New Laws & Vanishing Foreign Cash Are Re-wiring Florida’s Skyline

Grab your cafecito and buckle up—this week we’re peeling back the stucco to see why Florida’s condo market just slammed on the brakes. First, foreign investors who once snapped up Miami glass boxes like they were pastelitos have retreated: international buyers now account for only 10 % of condo deals, down from 18 % a year ago, with dollar volume plunging from $5.1 B to $3.1 B.

But that’s just act one. Act two? 2025’s “Condo-Law Bombshell.” Buildings 25 years and older must undergo frequent structural inspections, and associations can no longer skimp on reserves—they must fully fund 100 % of big-ticket repairs. Monthly fees and special assessments are soaring, and some longtime owners are racing for the exits.

Layer on an affordability squeeze—insurance nightmares, property-tax spikes, and a statewide inventory pile-up—and even owners of aging units can’t find takers.

In 30 spirited minutes we’ll decode:

1. Why foreign money dried up—and whether it comes back.

2. The true cost of Florida’s safety overhaul.

3. Who wins (and who runs) when condos morph from cash machines to cash vacuums.

Whether you’re a hopeful buyer, a condo-board war-hero, or just market-curious, tune in for stats, stories, and a few laughs at the Sunshine State’s expense. Press play—before the next special assessment arrives!

 

Amit Bhuta

COMPASS

ALL IN Miami Group

Licensed Real Estate Agent

 

(305) 439-3031 Mobile

amit.bhuta@compass.com

ALLinMiami.com