HomeBusinessBuying a condo on...

Buying a condo on the beach is bound to change

How many people do you know who actually hired an engineer to inspect their purchase of a condo? I don’t mean just a building inspector to make sure the appliances, plumbing and air conditioning systems are working properly, and there are no obvious leaks from an upper unit, I mean an actual engineer. Well, get ready for the age of geotechnical engineers.

Geotechnical engineering is the branch of civil engineering concerned with the engineering behavior of earth materials using the principles of soil mechanics. In Surfside, Florida, the town sent letters to the owners of almost 40 properties that they begin safety inspections ahead of their 40-year recertification. It was stressed for those buildings on the ocean that they hire not just a structural engineer but a geotechnical engineer to analyze the foundation and subsurface soils.

According to the American Society of Civil Engineers, geotechnical engineers specialize in understanding what’s beneath the ground’s surface mostly during pre-construction. However, experts can also be brought in to inspect the strength profile of the soil below an existing building to determine how much the building has settled over time.

Because of the Surfside tragedy, coastal municipalities and buyers of these properties will be taking a closer look at existing properties. Recently in Holmes Beach, a small condo building was voluntarily evacuated by the town because the balconies and stairways had cracks that required further inspection.

As a buyer of waterfront property, doing your due diligence is now more important than ever. In the frenzy of an over-heated real estate market, buyers are waiving structural inspections in order to enhance their offer. However, and I’ve said it before, this would be a very big mistake, particularly for waterfront properties on barrier islands.

Buyers are usually good at reviewing condo documents and financial records of the association they are buying into but frequently do not ask about board minutes that may include discussions regarding special assessments. To be fair, minutes from board meetings are generally only available to current owners and special assessments need only be disclosed to potential buyers once the board has voted on them. Nevertheless, an honest homeowner would indicate to a buyer who is already reviewing the association’s financials the potential of another assessment or correction of a structural problem where the funds are not yet allocated. Remember the spirit of disclosure laws, whether written or verbal, is to reveal defects in the property that could have a future effect on the value of a property.

Going forward, contracts of sale for beachfront and island properties, both single-family and condos, could contain clauses related to disclosure of any recertifications already performed or specific geotechnical testing that may have been done. Also, it’s reasonable to expect that buyers of these properties may also hire their own geotechnical engineers in addition to structural engineers and traditional home inspectors.

Twenty years ago, when I purchased a waterfront condo, I did not have a professional inspection. My husband and our friend went through the unit and determined everything looked just fine. I guess they did a good job because we’ve never had any problems with systems and certainly nothing structural. However, I look back now and wonder what were you thinking? Make sure your thinking is better than mine was; we’ve learned a lot this year, let’s put it to good use.

Most Popular

More from Author

Bargains on the beach

Realtor.com is part of my everyday life. I check it for...

The three-month sofa

Tomorrow is July 4, a festive day for the country and...

Home sales and hurricanes

This is one of those times when I just want to...

Roofs: Need I say more?

It's Florida, it’s hurricane season and your insurer is taking a...

City presents 2024-25 budget

HOLMES BEACH – City leaders are working to keep property taxes as low as possible despite property values increasing an estimated 11.8%. To do that, they’re planning to keep the millage rate at 2.05 mills for the coming fiscal year and cut expenses from the proposed 2024-25...

Settlement reached in Piney Point litigation

PALMETTO - Prompted by a 2021 lawsuit by multiple conservation groups, the Florida Department of Environmental Protection (FDEP) has agreed to allow more oversight of discharges from the Piney Point phosphate facility. The settlement agreement also establishes enforceable limits on pollution discharged into Tampa Bay and provides for...

AMI community ‘rises up’ for River

ANNA MARIA – The Anna Maria Island commu­nity is coming out in sup­port of Mackenzie Morgan, Jonathan Anasis, their 3 1/2-month-old son, River Anasis, and their young daughter, Vayda Anasis. On July 13, the Rise Up for River Benefit: A Community Rally for Hope and Healing event took...

Holmes Beach ferry stop discussed

HOLMES BEACH – City elected officials are discussing with Manatee County tourism officials whether to add a Gulf Island Ferry stop in Holmes Beach. Currently, Manatee County’s contracted ferry service stops in downtown Bradenton, the Anna Maria City Pier and the Bradenton Beach Pier, with an additional stop...

Pedicini consulting for Satcher, Van Ostenbridge, Turner

MANATEE COUNTY – During a recent Supervisor of Elections debate, candidate James Satcher refused to acknowledge he’s us­ing Anthony Pedicini as his political consultant. Manatee County Commission candidates Kevin Van Ostenbridge and Ray Turner are also utilizing the campaign consulting services of Pedicini and his Tampa-based Strategic Image...

Government calendar

Anna Maria 10005 Gulf Drive For information, call 941-708-6130 Please visit www.cityofannamaria.com or contact city hall for more information. July 18, 1 p.m. – City Commission budget meeting July 18, 2 p.m. – City Commission meeting July 24, 9 a.m. – Planning and Zoning board meeting July 25, 5 p.m. – City Commission budget...

Beach Nutz

       

Events

Wednesday, July 17 One-on-one Tech Help, Island Branch Library, 5701 Marina Drive, Holmes Beach, 2 p.m. Sharks and rays conservation research, Island Branch Library, 5701 Marina Drive, Holmes Beach, 2 p.m. Thursday, July 18 One-on-one Tech Help, Island Branch Library, 5701 Marina Drive, Holmes Beach, 10 a.m. Wild About Wildlife, Island Branch...

Bargains on the beach

Realtor.com is part of my everyday life. I check it for new listings, sold listings, open houses and sometimes just to look at the pictures on what may be an otherwise slow day. Sometimes I even learn something I didn’t know, like their recent story about the 10...

Catch and release

Taking care when we release fish we don’t intend to keep has never been more important. While most anglers are aware that fish populations are vulnerable and not the endless resource we once thought them to be, shrinking habitats and fish populations make the process all the...

Second sea turtle nests in daytime

ANNA MARIA – More than 100 beachgoers saw an uncommon sight when a nesting loggerhead sea turtle laid her eggs during the day on June 26, the second daytime nesting in a week. Anna Maria Island Turtle Watch and Shorebird Monitoring volunteers posted photos and the following on...