Not long ago, condos were the hot item in the South Florida housing market.
These days the bidding wars are being waged elsewhere.
“You live in a high rise because you like the area, and when the area businesses are shut down, there’s not much to do,” said Oscar Soberon.
A surge in people re-evaluating the urban lifestyle months after COVID-19 changed the landscape.
Soberon just moved to South Florida from Downtown Dallas, where he realized he was spending over $1,000 a month on condo fees for amenities he couldn’t use.
“I’ve heard there are a lot of people doing what I’m doing; migrating from north or bigger cities,” he said.
Tori Simkovic is looking to relocate from the happening Edgewater neighborhood to Southwest Miami-Dade but is finding she’s not alone.
“We picked our condo because it was close to Wynwood, and so we wanted to be near the bars