Miami Condo Assessments: What Buyers Should Know
Reserve requirements and structural inspections have reshaped how Miami condo buildings are priced.
South Florida Residence · August 20, 2026
The new baseline
Florida's reserve and milestone-inspection requirements changed the math on older condominium buildings.
### What to request before you offer
- The most recent structural inspection report - Current reserve balances and the funding schedule - Minutes from the last twelve months of board meetings - Any special assessment already approved or under discussion
### How it shows up in pricing
Buildings with fully funded reserves and completed inspections trade at a premium. Buildings with pending assessments trade at a discount roughly equal to the expected per-unit cost.
The practical takeaway
An assessment is not automatically a reason to walk away, but it must be priced.
