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Miami Condo Investing Club™ · Aug 18, 2026

Miami Beach Condo Cliff Index™ Plummets 18% In 1st Half Of Summer Buying Season

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Peter Zalewski, Jenny Huertas Miami Broker · Miami Condo Investing Club™

Miami Condo Mondays™ features Peter Zalewski of the Miami Condo Investing Club™ and veteran broker Jenny Huertas of CVRRealty.com in a weekly deep dive into South Florida condo real estate.

Recorded in Greater Downtown Miami, the podcast delivers an hour of high-level analysis on preconstruction condos, market trends and investment strategies for the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.

The show leverages more than 60 years of combined institutional knowledge as Zalewski provides the macro perspective and Huertas offers on-the-ground micro insights from her daily experience in the trenches.

The show streams live every Monday at 4 pm on the social media accounts of both hosts to provide an authoritative look at the latest shifts in the condo market.

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Episode Overview

In this episode of the Miami Condo Mondays™ podcast on Aug. 17, 2026, co-hosts Jenny Huertas of CVR Realty and Peter Zalewski of the Miami Condo Investing Club™ examine why Miami Beach has posted three consecutive monthly declines in its Overall Index as the 2026 Summer Buying Season of May through October passes its midpoint.

The Miami Beach market is defined as all condos located between South Pointe Drive north to 87th Terrace, and the Atlantic Ocean west to the Intracoastal Waterway.

During the 65-minute episode, the hosts trace the retreat to a FIFA World Cup that drew hundreds of thousands of visitors to South Florida without translating into condo sales, along with a tightening mortgage landscape now that Fannie Mae has eliminated limited reviews for condo loan applications.

Huertas and Zalewski said the slide has gone beyond fewer deals.

Asking prices and pending sales prices have both retreated across the Overall market and the Vintage market, a sign sellers are losing their grip even as they trim their expectations.

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Zalewski drew a sharp line between Vintage condos—at least 30 years old—and Modern condos—no more than 29 years old—with Vintage units continuing to dominate both listings and closed sales in Miami Beach at a steep discount to the Overall market.

Modern condos told a completely different pricing story.

Huertas and Zalewski also weighed the rental market as a fallback for sellers, finding little relief there either, with landlords asking top dollar sitting vacant far longer than those willing to price to lease quickly.

Huertas and Zalewski closed with converging outlooks.

Huertas called herself a bull on Vintage condos for buyers willing to do their homework.

Zalewski said sellers should not expect relief soon, pointing to a slow stretch ahead that includes the November 2026 midterm elections at the start of the 2026-27 Winter Buying Season of November through April.

Click play above to watch Zalewski’s full breakdown, and use the timestamped timeline and the Top 10 Takeaways below to navigate the program on demand.

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Episode Timeline (Excluding Opening and Closing Music)

  • 00:00 - Introduction

  • 01:07 - Miami Beach Summer Market Overview

  • 02:46 - South Florida Market Review Six Weeks

  • 03:07 - Mar-A-Lago Effect On Palm Beach County

  • 03:37 - World Cup Impact On Condo Sales

  • 05:19 - Vintage Condo Definition

  • 06:28 - 100-Year Anniversary Of Great Miami Hurricane

  • 07:09 - Hurricane 1926 Destruction Path

  • 08:33 - Post-Hurricane Rebuild Strategy

  • 09:10 - Art Deco District Origins

  • 09:47 - Mariel Boatlift Aftermath

  • 10:33 - Barbara Capitman Saves Art Deco

  • 11:09 - Low-Rise Zoning Preservation

  • 12:43 - Miami Beach Neighborhood Culture Shift

  • 14:31 - Miami Beach Map Walkthrough

  • 15:47 - Prohibition Rum Running History

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  • 17:13 - Carl Fisher Manmade Islands

  • 19:50 - Neighborhood Breakdown South, Middle And North Beach

  • 22:03 - Miami Beach Condo Cliff Index™ Explained

  • 22:45 - Milestone Inspection Special Assessment Costs

  • 26:00 - Lowball Offers

  • 28:13 - Restaurant Closures Economic Signal

  • 31:26 - Pandemic Migration Crypto Wave

  • 32:02 - Three Month Market Decline Trend

  • 38:35 - Fannie Mae Limited Review Elimination

  • 42:34 - Asking Price Declines

  • 43:22 - Raw Market Data Stats Breakdown

  • 46:23 - 1% Rule Of Real Estate Investing Applied To Miami Beach

  • 47:09 - Rental Market Overview

  • 52:26 - Vintage Vs. Modern Condo Pricing

  • 58:04 - Days On Market Buyer Signals

  • 63:27 - Bull Vs. Bear Market Outlook

  • 64:17 - Conclusion

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Episode’s Top 10 Takeaways

  1. The Miami Beach Overall Condo Cliff Index™ fell nearly 18% between April 29, 2026, and July 28, 2026, marking three consecutive monthly declines.

Read the original on peterzalewski.substack.com

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