North Miami · STR/Rental
Are North Miami preconstruction condo deposits protected if the project fails?
Partly: the first 10% must sit in escrow; above that can legally fund construction. The 2026 Natiivo Fort Lauderdale foreclosure is the current cautionary tale — that project's buyers got deposits returned, but outcomes vary by contract. Have the escrow and default terms read before you wire anything on a North Miami project.
Sources & as-of
Read from HUD’s condominium list, the VA condominium report, FL DBPR filings and county registry and building records, compiled 2026-08-08. Figures describe what was on file that day; a missing filing is recorded as unconfirmed rather than as a finding, and conventional (Fannie/Freddie) standing is not publishable in either direction.
Not legal or financial advice · Not affiliated with any government agency