Building DemolitionPhoto byRoger IsmaelonUnsplash
Older Florida Condo Land: A Lucrative Knock-Down Opportunity for Developers, But What Does That Mean For The Community And Current Owners
Fort Lauderdale, FL – In the ever-evolving landscape of Florida’s real estate market, a new trend is emerging that could reshape the state’s coastal skyline. As older condominium buildings face mounting maintenance costs and stringent new regulations, the land they occupy is becoming more valuable than the structures themselves. This shift is paving the way for developers to embark on knock-down projects, transforming outdated condos into lucrative new developments.…