Condo living in Florida has become more complicated since the tragic Surfside collapse of 2021, leading to stricter inspection requirements and increased repair mandates. For many owners, these changes have resulted in costly assessments, sometimes reaching six figures. Now, residents at 1060 Brickell Avenue in Miami are facing a staggering $21 million assessment for repairs to their 16-year-old buildings.
What’s Behind the $21 Million Assessment?
Following inspections by engineering firms, safety concerns were identified, prompting the need for extensive repairs. Attorney Marc Halpern shared with NBC6 South Florida that condo owners had an opportunity to review the damaged areas and repair plans before the board finalized the hefty assessment.
The assessment will range between $30,000 and $110,000 per unit, depending on the size and location of each condo.
Resident Concerns Over the Scope of Repairs
Not all residents are convinced the $21 million is justified. Evan Cohen, a unit owner, expressed skepticism, suggesting that the assessment exceeds the scope of recommendations provided by the engineering firms.
“There’s a feeling among some owners that the repairs could have been managed differently or with a smaller budget,” Cohen remarked, highlighting ongoing frustrations among the building’s residents.
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Confusion Over Board Leadership
Adding to the tension is uncertainty surrounding the election of a new condo board. Some residents believe the election has already taken place, while Attorney Halpern stated it has been rescheduled. NBC6 has contacted the Florida Department of Business and Professional Regulation for clarification on the recognized board but has yet to receive a response.
The Bigger Picture for Florida Condo Owners
The situation at 1060 Brickell Avenue underscores the challenges faced by Florida condo owners in the wake of increased inspection standards. For many, these assessments are a financial strain, sparking debates over repair priorities and board governance.
As the debate unfolds, affected owners will likely continue to question the assessment’s scope and the decision-making process behind it.
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