Fort Lauderdale Condo Market Sours As Resale Supply Tops More Than 13 Months

In this episode of the Miami Condo Mondays™ live podcast, we discuss the buyers market in Fort Lauderdale (Downton - Beach) where the resale supply has grown to more than 13 months.

Miami Condo Mondays™ is a live podcast hosted by Peter Zalewski of the Miami Condo Investing Club™ and veteran broker Jenny Huertas of CVRRealty.com providing an in-depth look at the latest residential real estate trends in South Florida.

Recorded weekly in Greater Downtown Miami, the podcast offers a one-hour discussion on various real estate topics, including pre-construction condos, market trends and investment strategies.

The hosts share their expertise, with Zalewski focusing on macro perspectives and Huertas offering micro insights from her on-the-ground experience.

Tune in every Monday at 4 PM (EST) on the social media accounts of Zalewski and Huertas for insights on the latest trends in the South Florida condo market.

This episode explores the Fort Lauderdale (Downtown - Beach) condo market in Central Broward County where supply sits at more than 13 months in the early stages of the 2025 Summer Buying Season that stretches from May through October.

Huertas is traveling this week so Zalewski goes it alone exploring the past, present and future of Fort Lauderdale. The market is defined as Oakland Park Boulevard south to State Road 84, and the Atlantic Ocean west to Interstate 95.

During the 70-minute podcast, Zalewski provides a detailed overview of the Fort Lauderdale (Downtown - Beach) market, including its history, demographics and key geographic areas.

Zalewski also explores the key differences in unit size and price between modern and Vintage condos in the Fort Lauderdale market.

He wraps up the Fort Lauderdale podcast with a discussion on the concept of the “1% Rule” of real estate, and how to use this approach to evaluate condo buildings in the Fort Lauderdale market.

Miami Condo Mondays™ Podcast Timeline:

00:00 Introduction

01:00 Meet Your Hosts: Peter Zalewski and Jenny Huertas

01:54 Today's Focus: Fort Lauderdale Condo Market

02:28 Understanding the Multiple Listing Service (MLS)

05:06 The Importance of Median Rental Data

09:54 Exploring Fort Lauderdale: History and Demographics

15:56 Broward County: A Hub for Trade and Transport

29:59 Fort Lauderdale's Development and Key Areas

36:37 Wayne Huizenga’s Impact on South Florida Sports

37:17 Exploring Flagler Village

38:27 Sunrise Boulevard and Galleria Mall

39:58 Fort Lauderdale's Controlled Growth

42:48 Las Olas and Finger Islands

48:40 Vintage Condos Market Analysis

58:14 The 1% Rule in Real Estate

01:07:08 Conclusion

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