One question could be clarified: was this originally built as a condominium property or the more likely, converted from apartments?
was this originally built as a condominium property
Always was a condo
Sorry, I do not know if it was a conversion.
If it was, then foundation issues should have been addressed during the rehab prior to the City issuing the final certificate of occupancy.
I’ve worked many buildings on the beach. What I’ve noticed is the developers want nothing to do with the buildings after 10 years because that’s when they start falling apart.
They might start as apartments then are converted to condo’s that way they get the maximum amount of profit out of the project before heading off to the next project.
In Broward and Dade county, I cannot recall even one apartment building going up on the coast in the 1970s-1980s.
100% hotels and condos.