“Subpar construction”: Amrit Ocean Resort owners sue developer, construction team over alleged defects
Less than two weeks after the developer of Amrit Ocean Resort turned over control of the condo association to the unit owners, a rain event exposed what the association alleges are pervasive construction failures across the building. In a lawsuit filed last week in Palm Beach County Circuit Court,
South Florida by the numbers: Condo buyout bonanza
“South Florida by the numbers” is a web feature that catalogues the most notable, quirky and surprising real estate statistics. Exactly one year ago, this column highlighted the trend of developer condo buyouts propelled in part by condo safety legislation. The uptick in developers bulk purchasing
South Florida’s top deals: Palm Beach mansion under construction trades for $93M
🏆 Residential: Palm Beach had the priciest home sale to hit records in South Florida, where an under construction home at 757 Island Drive changed hands for $93.3 million. The seller was 757 Island Dr LLC, which purchased the 0.9-acre property on a corner of Everglades Island in 2021 for $39.5 mill
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