Coastal Property Investors Face Rising Insurance and Compliance Costs in South Florida
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Fort Lauderdale, Fla. – September 09, 2026 -- Coastal rental and multifamily property owners in South Florida face escalating insurance premiums, strict municipal rental rules, and elevated maintenance costs that directly affect cash flow, according to a new analysis featuring Howard Goldberg, Real Estate Expert with RE/MAX Consultants Realty 1.
Flood and wind coverage requirements drive up renewal costs for beachfront owners
Properties near the ocean typically require flood coverage, wind protection, and higher deductibles, expenses that can rise sharply at policy renewal. For multifamily assets, a single policy change affects multiple units simultaneously, increasing the need for financial buffers and consistent oversight across the portfolio.