Sunny Isles Luxury Real Estate Insights — by Rita Japhet

For three years, South Florida insurance moved one way: UP. So when Property Insurance rates dropped this summer ,the first cut since 2015 , What are the benefits separate two costs that owners often treat as one. The wind premium is reduced. The structural reserve obligation is not. What Changed on June 1 Citizens new rates took effect June 1, 2026. Statewide the average cut is small — 2.6% — but it concentrates in South Florida. Reporting on the approved rates puts Miami-Dade at an average 14.0% reduction and Broward at 14.1% (Citizens Property Insurance, Dec. 10, 2025; Live Insurance News, May 1, 2026). On a $6,000 premium, 14% is about $840 savings These figures describe Citizens, the state carrier and the owners in premium buildings often hold private wind and flood coverage Florida premiums remain among the highest in the nation; this narrows the gap, but does not close it.

Read more in my Sunny Isles Real Estate Newsletter for current market data. By Rita Japhet, 305 450 6662 Broker-Associate, eXp Realty Luxury Group | Sunny Isles Beach, Florida | SunnyIslesRealEstate.com In June, from the 42nd-floor balcony of a Sunny Isles Beach tower, a client watched a summer squall roll in off the Atlantic and asked, "How do I know that this building was actually made for that?" It is a question I hear often when I show properties to my clients. Published July 2026, this guide is written for the buyer who asks it before signing — not after the first named storm. Hurricane season in South Florida runs June 1 through November 30, and it arrives every year like clockwork. Yet in the luxury tier, the storm conversation is often the one buyers skip. They tour the spa, the amenities, the private beach service — and forget to ask what happens when 150-mile-per-hour wind meets the glass they'll be standing behind. In Sunny Isles Beach in 2026, that is the...