Trading Places: Why Some Wealthy Buyers Move from Condos to Mansions and Vice Versa

In 2026, South Florida’s affluent buyers are increasingly reassessing the classic luxury condo proposition. New structural and reserve requirements, tighter condo financing, and governance scrutiny have changed the math for certain buildings, while trophy single-family demand remains resilient. The result is a more fluid, two-way market: some owners exit condos for privacy and control, while others embrace hotel-served, lock-and-leave residences that deliver turnkey living without the operational burden of a large estate.