Newsdata · Miami-Dade

‘Surfside changed everything’: 5 years later, Miami condo market hasn’t recovered

Bill Sarille, recovering from back surgery, gazes out from his 9th-floor Miami Beach apartment, reflecting on the rising HOA fees, property taxes, and insurance costs that may force him to leave his home on Monday, July 28, 2025, in Miami Beach, Florida. Bill Sarille has lived in South Beach for nearly 30 years. On a fixed income, he struggles to afford his condo's rising maintenance costs and insurance premiums.