Florida condo owners are about to get hit by the perfect financial storm. With insurance rates already going up as much as 300% for some buildings along with recent changes to the Florida Condominium Act and new changes going into effect in 2025, many are going to face tough times in the coming months and year.
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Video Credit To: CBS Miami-www.youtube.com/@CBSMiami
Paul G. Lykins
Broker Associate
True Floridian Realty
Direct: 561-877-3074
Email: palmbeachespaul@gmail.com
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Disclaimer: I am not a lawyer, CPA, or financial advisor and any info in this or any of Palm Beaches Paul's videos are my opinion only and for entertainment purposes only. I am a licensed Florida Realtor (BK-3265266) and can only advise you about buying or selling in the state of Florida; however, I can refer you to an agent in your state if needed. Do not base your decision to buy or sell real estate solely from watching any of Palm Beaches Paul's videos and always consult a licensed professional or lawyer.
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