Estimator Cost For Condo Replacement

  • Post published:January 20, 2026
  • Post category:Blog
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Condo Replacement Cost Estimator

Leading provider of condo replacement estimating services.

Condo replacement in Florida averages $325-$575 per square foot in 2026 for complete structural rebuilds, with typical 1,400-1,800 sf 2/2 units costing $455K-$1.04M and mid-size 100-unit towers reaching $50M-$90M factoring FBC-mandated impact glazing, post-Surfside balcony reconstruction, and Miami-Dade HVHZ wind engineering driving coastal premiums. Pompano Beach HOAs budget $375-$625/sf for 12-18 story concrete structures requiring 2-hour fire-rated corridors, epoxy-coated rebar for salt-air corrosion, and NOA-certified windows resisting Category 5 debris impact, while Tampa inland projects achieve $300-$500/sf using cost-effective steel frame with standard Low-E glass. 

Estimator Cost For Condo Replacement

These comprehensive estimates capture concrete ($175-$275/sf), MEP systems ($80-$130/sf), elevators ($300K/ea), and 30% soft costs (permits, engineering, impact fees), positioning contractors to maximize insurance recoveries through precise Xactimate line items post-hurricane claims.

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Post-Surfside Florida Building Code Requirements

Senate Bill 4-D mandates $125-$225/sf safety upgrades—concrete spalling repairs ($30-$55/sf balconies x25% gross area), rebar assessment ($20/sf columns/beams), impact-rated glazing ($275-$475/sf), parking garage inspections ($2-$5/sf deck area). Reserve studies require 10-year replacement budgets $0.25-$0.60/sf/month funding. Pompano 15-story 120-unit structural upgrades total $18M-$32M (25% project), Phase 1 balconies prioritized Year 1-2 insurance claims.

Structural Concrete and Framing Costs

Cast-in-place 4,500 PSI concrete costs $175-$275/sf—8-10″ PT slabs ($125-$185/sf), 12-16″ shear walls ($225-$350/sf), drop panel transfers $400-$600/sf elevator pits. Balcony reconstructions $40-$65/sf cantilevered (post-tension tendons $15/sf), PTI slabs +15% premium spans. Elevator core formwork $500-$750/sf specialized. 150-unit Tampa mid-rise concrete totals $72M-$108M (55% hard costs), FBC Chapter 19 corrosion inspection mandatory.

Impact Glazing and Storefront Systems

Miami-Dade NOA laminated glass $275-$500/sf installed—6’x10′ missile-rated $20K-$35K/unit (100 windows avg), fixed spandrel $225-$350/sf opaque, terrace doors $18K-$28K/ea x48. Pompano coastal 200-unit tower glazing $22M-$40M (18% budget), argon Low-E U-0.35 mandatory energy code. Inland Orlando double-pane $150-$275/sf saves $125/sf.

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MEP Infrastructure Replacement

Variable refrigerant HVAC $12-$20/sf 4-pipe, sprinklers NFPA 13R $9-$15/sf residential floors, 400A metering $30K/bank, pool systems $450K-$750K. Standby generators 750kW $650K-$950K high-rise, smoke control $20/sf stair towers. Fort Lauderdale 18-story MEP $25M-$42M (22% costs), FPL Time-of-Use rates optimized.

Vertical Circulation and Elevators

Gearless traction elevators $300K-$550K/ea (2,500 lb, 550 fpm), cab interiors $75K-$150K luxury, MRL gearless +25%. 12-story 4-car bank $1.6M-$2.8M, 6-story hydraulic $1M-$1.6M. ASME A17.1 FBC inspections $20K/year, 3-hour hoistways $85/sf shaft walls.

Fire and Life Safety Systems

2-hour corridor assemblies $50-$85/sf—Type X 5/8″ + resilient channels STC 50, fire-rated storefront $75/sf vision, sprinkler standpipes $18K/floor. Smoke dampers $2.5K/ea x75, rated door hardware $4K/ea x60/floor. Miami Beach 20-story fire systems $15M-$25M (12% total).

Regional Florida Condo Cost Variations

City

Mid-Rise/sf

High-Rise/sf

Coastal Premium

Miami Beach

$475-$725

$575-$875

+40%

Hollywood

$425-$675

$525-$775

+30%

Pompano Beach

$400-$650

$500-$750

+25%

Fort Lauderdale

$375-$625

$475-$725

+20%

West Palm

$350-$600

$450-$700

+15%

Tampa

$325-$575

$425-$675

+8%

Sarasota

$300-$550

$400-$650

Baseline

Jacksonville

$275-$525

$375-$625

-10%

Pompano 12-story 100-unit: $55M-$85M ($450-$700/sf avg unit).

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Soft Costs and Development Overheads

28-38% total—geotechnical $75K borings, civil/site $3-$6/sf, architectural 7-12%, FBC permitting $1.50-$3/sf high-rise, impact fees $18K-$25K/unit coastal. Construction manager 5-8%, performance bonds 1-2%, HOA legal 1.5%. 200-unit soft costs $35M-$65M land excluded.

Sample Condo Replacement Projects

Pompano 15-Story 120-Unit Mid-Rise (1,500 sf avg):

Concrete frame: $81M ($450/sf x180K sf)

Impact glazing: $24M ($133/sf)

MEP complete: $27M ($150/sf)

Elevators (4): $1.6M

Fire/life safety: $13.5M ($75/sf)

Soft costs (32%): $47.5M

**Total: $194.6M ($1.62M/unit, $1,093/sf gross)**

Tampa 8-Story 80-Unit (1,600 sf avg):

Concrete structure: $41M ($385/sf)

Glazing standard: $12.8M ($120/sf)

MEP systems: $17.6M ($165/sf)

Elevators (3): $1.1M

**Hard Costs: $72.5M**

Soft (28%): $20.3M

**Total: $92.8M ($1.16M/unit, $812/sf)**

Condo Replacement Cost Estimator

Insurance Replacement vs Market Value

Replacement Cost Value (RCV) $450-$650/sf concrete towers, Actual Cash Value (ACV) deducts 25-45% depreciation. Post-Surfside precedent $525/sf minimum mid/high-rise. Market gap 20-30%—Pompano resale $375-$525/sf vs replacement.

HOA Funding and Special Assessments

SB 4-D reserves $0.30-$0.70/sf/month—$50K-$150K/unit assessments balcony/window packages. FEMA 75% non-insurable upgrades, bridge loans 70% LTC replacement basis 18-month term.

Phased Reconstruction Timeline

Phase 1 (Months 1-12): Balconies/parking $15-$25M (25%)
Phase 2 (13-24): Windows/roof $20-$30M (30%)
Phase 3 (25-48): Core structure $30-$45M (40%)
Phase 4 (49-60): MEP finishes $10-$15M (15%)
5-year program $3M-$6M/month draw schedule.

Cost Reduction Strategies

  1. Steel frame vs concrete interior bays (save 12%)
  2. Generic NOA glass vs custom (save $100/sf)
  3. Staggered floor completion (15% overhead)
  4. Temporary power skips full MEP Year 1 (20%)

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Accurate Condo Replacement Estimating

Estimate Florida Consulting delivers FBC-compliant condo replacement estimators for Pompano HOAs navigating insurance claims and special assessments. Upload as-builts to 

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Question Answer

Frequently Asked Question

In 2026, full condo replacement costs in Florida typically range from $325 to $575 per square foot. Coastal high-rise buildings can exceed $725 per square foot due to HVHZ wind engineering, impact glazing, and post-Surfside structural mandates.

A standard 1,400–1,800 sq ft 2BR/2BA unit generally costs between $455,000 and $1.04 million, depending on location, building height, and structural requirements.

Coastal premiums (20%–40%) are driven by Miami-Dade HVHZ requirements, impact-rated NOA windows, salt-air corrosion protection, epoxy-coated rebar, and Category 5 wind resistance engineering.

Post-Surfside legislation (SB 4-D) added $125–$225 per square foot in mandatory safety upgrades, including balcony reconstruction, structural inspections, rebar assessments, and enhanced reserve funding.

Structural concrete costs typically range from $175 to $275 per square foot, with shear walls, elevator cores, and post-tension slabs adding significant premiums in mid- and high-rise buildings.

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At Estimate Florida Consulting, we offer detailed cost estimates across all major trades, ensuring no part of your project is overlooked. From the foundation to the finishing touches, our trade-specific estimates provide you with a complete and accurate breakdown of costs for any type of construction project.

Our Simple Process to Get Your Estimate

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02

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03

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