All indicators are revealing that the South Florida housing market is now booming, thanks in large part to an influx of professionals relocating here and increased work-from-home opportunities under the new post-pandemic normal. Scores of new condominium and single-family home communities are enjoying very strong sales in Miami-Dade and Palm Beach counties, and real estate brokers are predicting the surge is likely to continue.

With so many new South Florida residential communities now rushing to completion, many of these developments will soon undergo the turnover process by which control of their operation and management is transferred from developers to property owners. This is a crucial stage with significant consequences for the long-term financial and administrative well-being of communities, making it essential for property owners to closely monitor the turnover process to protect their rights and investments.