The trend of converting apartments from office spaces is rising, with South Florida seeing a notable increase in rental-to-condo conversions due to a shortage of newer condominiums. Demand for condos built in the last 30 years is high, and conversions offer a quicker, more affordable solution. S2 Development recently transformed Atlantica at Dania Beach into condos, featuring modern amenities. Falling interest rates are boosting buyer interest, making conversions financially advantageous, though this trend may not be sustainable long-term as property prices rise.
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