Condopocalypse? Miami's Aging Towers Are in Trouble

Miami’s skyline might be glitzy, but some of those condo towers are hiding a ticking time bomb.

In this episode of ALL IN Miami, I’m diving into what’s being called the Condopocalypse — the perfect storm of aging buildings, crumbling infrastructure, terrifying special assessments, stricter post-Surfside regulations, and the dreaded Fannie Mae blacklist that’s freezing out buyers and sending owners into full-on panic mode.

We’re unpacking:

• Why that “affordable” condo might come with a surprise six-figure repair bill 💸

• How nearly 700 buildings in South Florida have been blacklisted from traditional financing 🚫

• The true cost of deferred maintenance and why boards can’t kick the can anymore 🧱

• Why buyers are ghosting these buildings (and what smart sellers should do about it) 👻

If you own an older condo in South Florida — or are even thinking about buying one — you cannot afford to miss this episode. This isn’t just a real estate problem anymore. It’s a lifestyle decision, a financial reality check, and in some cases… a full-on warning sign.

Because when the condo docs say “underfunded reserves,” you better believe that’s not just a small note on page 48 — that could be your bank account waving a white flag.

If you ever want to buy or sell a property anywhere in the world, our team would be honored to help get you to your next destination.

Until next time, stay curious, stay hungry, and as always… stay ALL IN!

Amit Bhuta
COMPASS
ALL IN Miami Group
Licensed Real Estate Agent

(305) 439-3031 Mobile
amit.bhuta@compass.com
ALLinMiami.com