The Aging Condo Conundrum: Opportunities for Redevelopment

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.

In 2022, the Florida legislature passed a series of laws impacting the nearly 1.5 million condominium units throughout the state – along with the 28,000 associations overseeing the properties. These strict policy changes may open the door to a significant rise in condo redevelopment.

On October 14, 2025, approximately three months after the revised opinion in Avila v. Biscayne 21 Condominium, Inc., 50 Fla. L. Weekly D1509 (Fla. 3d DCA July 10, 2025), the Florida Supreme Court declined to accept jurisdiction over the Third District Court of Appeal’s certified question on co...