Photo: Michael Reaves / Getty Images) / Getty Images
A week after the collapse of the Champlain Tower South condominium building, the collateral damage of the tragedy that so far has taken the life of 16 people and there are 100 missing among the rubble. This whole case has caused a lot of fear among the residents of the area regarding the buildings in which they live, therefore there will be an economic impact on the Miami real estate area especially for Surfside residents .
Although the environment that It stands out is that of sadness and shock, there is also another fear that is emerging . This fear has been expressed by real estate professionals, who say that they have now received multiple calls to ask specific questions about the year of construction, renovations to be done, types of control that the county has done, etc.
“Now everyone will want to know if their building is safe,” he says Miami Beach real estate broker Jill Hertzberg.
Buyers want to know about “structural integrity” and everything related to construction of their buildings. There are still missing persons in the structure of the Champlain Tower, others affirm that the concern of the owners and future buyers is completely normal.
Surfside Beach is a prestigious area of is part of Miami Beach , in fact, in Surfside before the crash the sales of properties at optimal prices were having a great boom, now it is not known what will happen.
A few weeks ago the sale of an exclusive condominium of the city, in the prestigious Arte Surfside building, in the Surfside neighborhood, for nothing more and nothing less than an amount of $ 22. 5 million dollars that were paid in cryptocurrencies.
For the price paid, that apartment became the most expensive property sold in the history of the city of Miami, the record was held by the daughter of former President Donald Trump, Ivanka Trump, with an apartment in the same tower of Surfside.
Of course, the collapse of the South Tower of Champlain will mark a real estate precedent in history from the Surfside area, the rebound that had taken the area may be lost until construction safety is restored.
Unfortunately after the tragedy of the collapse of Surfside, it was known that since 2018 An inspection revealed “an error” in the original design of the apartment block.
And on the other hand, the engineering firm Morabito Consultants, had recently alerted about a fault under the pool deck that made it difficult to drain water at the base of the Champlain Towers.
