Oceanfront condo supply in the region has reached 14.3 months, a significant increase from previous years, and median sale prices have remained flat or dipped in certain segments, such as Broward County's 3.7% drop, which often impacts the wider Miami market.
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Due to the 2021 Champlain Towers collapse, it is crucial to hire a home inspector to check for water intrusion, mold, and structural integrity. Oceanfront condo supply in the region has reached 14
As of early 2026, the Miami Beach condo market is experiencing a significant shift characterized by rising inventory, stable to slightly declining prices, and a surge in luxury sales alongside challenges for older buildings. The market is increasingly favorable for buyers, with many sellers offering concessions. As of early 2026, the Miami Beach condo
New projects are active, including The Perigon in Surfside, Ritz-Carlton Residences in South Beach (due 2027), and Twenty-Nine Indian Creek .
Features popular towers like Akoya and Blue Diamond .