Tampa Bay is experiencing a surge in condo sales as new inspection rules take effect, driven by the desire to prevent another tragedy like the Surfside collapse. Starting this December, condos 30 years or older (25 years if near saltwater) must undergo inspections, with repairs required by the end of next year. This has led to increased assessments, some as high as $50,000, putting financial strain on owners. Former State Senator Jeff Brandes has raised concerns about the potential impact on condo associations and Florida’s insurance market.
