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Galleon condo owners face up to $320,000 assessments as costs soar

Residents frustrated over the length and cost of the reconstruction contacted CBS Miami. What began as a $1.6 million concrete restoration project has ballooned into a $36 million overhaul, with individual unit owners assessed between $135,000 and $320,000 each. For video licensing inquiries, contact:

October 6, 2026

Residents frustrated over the length and cost of the reconstruction contacted CBS Miami. What began as a $1.6 million concrete restoration project has ballooned into a $36 million overhaul, with individual unit owners assessed between $135,000 and $320,000 each.

For video licensing inquiries, contact:

Source: CBS Miami

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