HOA monthly fees are crippling Miami Condo Owners!
Condos Owners in South Florida are in financial trouble as condo associations of high rise condos continue to raise HOA costs. Condo Insurance costs continue to skyrocket!
This is a Florida Condo Crisis and many are leaving south florida or trying to sell their Miami Condos at a loss to try to escape these rising costs...
I live in Sunny Isles Beach, Florida in Miami, Florida where I own a Miami Condo. As many of you are aware who follow real estate in Miami, there are ongoing issues with owning a condo now in Miami. The insane expenses of rising HOA costs, insurance shortfalls, reserves, construction due to the 50 year recertification of the building...many condo owners in Miami are now in financial trouble...
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