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Florida Real Estate Development Real Estate Market

DarrowEverett LLP

Aging Florida Condos Provide Developers With Strategic Opportunities

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In the wake of the 2021 Surfside condominium collapse, Florida enacted sweeping changes that affect condominium governance, structural maintenance requirements, and reserve funding obligations. These changes have not only...more

Bilzin Sumberg

New Rules Regarding the Purchase of Florida Real Property by Certain Persons or Entities from China

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​​​​​​​On February 6, 2025, Rules 73C-61.001-.007, F.A.C. (“PRC Rules”), go into effect for implementing Section 692.204, Florida Statutes—the law restricting the purchase of real property by certain persons or entities from...more

Bilzin Sumberg

Live Local Act 2024 Passed by the Florida Legislature

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On February 28, 2024, the Florida House of Representatives passed Senate Bill 328 (“SB 328”), previously unanimously approved by the Florida Senate by a vote of 112 to 1. SB 328, regarded as the Live Local Act 2024 (“LLA...more

Bilzin Sumberg

Florida Law Imposes Additional E-Verify Requirements for Private Employers

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Further Hiring Requirements for Private Employers - A. Overview of Senate Bill 1718 (“SB1718”) - Earlier this year, the State of Florida enacted a law that continues to have significant implications for employers across...more

Bilzin Sumberg

What Developers and Investors Need to Know About Florida’s Live Local Act

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Rising home prices and sustained population growth has resulted in an affordability crunch affecting many of Florida’s top housing markets. In fact, six of the nation’s hottest rental markets are in the Sunshine State....more

Nelson Mullins Riley & Scarborough LLP

Condominium Law Changes Resulting from the Collapse of the Champlain Towers South

On June 9, 2023, Governor DeSantis signed into law Senate Bill 154 (SB 154, also known as the “Glitch Bill”), which previously passed unanimously in both chambers of the Florida legislature in early May....more

Bilzin Sumberg

Live Local Act: New Ad Valorem Tax Exemptions for Affordable and Workforce Housing

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Over the past several years, the Florida legislature has increased and expanded the tax exemptions for affordable housing projects in order to incentivize the development of additional affordable housing projects. In Senate...more

Bilzin Sumberg

Condo Redevelopment Ushers in New Wave of Investment in Florida

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A lack of developable land in Florida, coupled with a rise in demand for commercial and residential real estate, is leading savvy investors to redevelop aging condominiums. Originally Published in The Real Deal....more

Bilzin Sumberg

Between a Rock and a Hard Place: Condominiums with Substantial Structural Deterioration

Bilzin Sumberg on

For five months now, Florida condominiums with buildings that are three stories or higher have been on notice of F.S. §553.899, a new statute adopted within Senate Bill 4-D (“S.B. 4-D”) that requires periodic milestone...more

Bilzin Sumberg

Senate Bill 4-D And The Champlain Towers South Disaster: A Problem In Response To A Problem

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On June 24, 2021, we witnessed one of the most disturbing events in recent memory. A residential condominium building in Surfside partially collapsed overnight leaving 98 people dead and the surviving residents without a...more

Lowndes

The Risks Of Unnecessary Fla. Property Improvement Notices

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There’s no doubt about it, the U.S. real estate market is strong. With low interest rates and low unemployment rates, it is not surprising that the National Association of Realtors included parts of Florida among the top 10...more

Bilzin Sumberg

Miami Micro-Units Solve for Both Tenant Affordability and Developer Profitability

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Cities across America are facing an affordability crunch and housing in Miami is no different. The short supply of affordable housing is even scarcer in proximity to Miami’s central employment districts with no single...more

Bilzin Sumberg

La creatividad para conseguir financiación es necesaria para el éxito de P3 del Tribunal Civil de Miami-Dade

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Mientras el Condado de Miami-Dade continúa avanzando hacia el lanzamiento de una propuesta de asociación público-privada (public-private partnership, P3) del tribunal civil, sus representantes enfatizaron en la necesidad de...more

Bilzin Sumberg

Opportunity to Extend Development Orders and Permits for Almost 16 Months

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Holders of permits and development orders have the opportunity to toll the period remaining to exercise rights under the permit or order for nearly 16 months. Section 252.363 of the Florida Statutes permits a tolling of...more

Bilzin Sumberg

Bilzin Sumberg Partner Calms Fears of Trump Hurting Miami Real Estate Market

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Attorney James W. Shindell, Real Estate chair at Bilzin Sumberg, has a message for those who believe Donald Trump’s presidential election will hurt Miami’s real estate market: The sky is not falling. Shindell addressed...more

Bilzin Sumberg

Cómo los desarrolladores inmobiliarios del sur de Florida están reduciendo el riesgo de litigios

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En los días previos a la Gran Recesión de 2008, las propiedades en todo el sur de Florida se compraban solamente para ser revendidas posteriormente con una ganancia. Este “intercambio” de propiedades culminó en un mercado...more

Bilzin Sumberg

200 New Condo Towers Planned In South Florida Since May 2011

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An exciting announcement was recently made in South Florida - between May 2011 and today more than 200 new condo towers east of I-95 in Miami-Dade, Broward and Palm Beach counties have been scheduled to be built. Yes, this...more

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