In this episode of The Peter Zalewski Show™, host Peter Zalewski uses satellite images to analyze Coconut Grove development patterns and risks ahead of Saturday's Miami Condo Correction Walking Tour™.
The weekly podcast The Peter Zalewski Show™ features interviews with South Florida business leaders focused on real estate, finance and the economy.
The program - hosted by Peter Zalewski of the Miami Condo Investing Club™ - is broadcast live every Wednesday at 4 pm (Miami time) at MiamiCondo.Club and on Peter Zalewski’s social media accounts to watch the free live broadcasts.
The objective of the show is to deliver straight talk, share institutional knowledge and provide data-driven analysis on the macro and micro economic forces shaping the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.
Episode Overview
In the Feb. 25, 2026, episode of The Peter Zalewski Show™ podcast, host Peter Zalewski conducts a solo analysis of the Coconut Grove residential landscape using satellite mapping.
This data-driven flyover serves as the primary briefing for Saturday’s Coconut Grove Condo Correction Walking Tour™ at 10 am on Feb. 28, 2026, aiming to quantify risk for buyers navigating a market where cash-strapped unit owners are increasingly seeking an exit.
The investigation exposes a unique “clustering” strategy where prolific developers such as Ugo Colombo, David Martin and Jorge Perez have repeatedly doubled down on the same few blocks to create self-contained luxury micro-markets.
Zalewski highlights how these developers as well as a series of smaller builders have strategically leveraged Coconut Grove’s wealthy enclave status to create more than 100 boutique projects that stand in stark contrast to the high-density glass canyons of Greater Downtown Miami.
The visual mapping reveals the distinct physical and socioeconomic separation of the historic Little Bahamas neighborhood, where the traditional cultural rhythms of Charles Avenue remain geographically distinct and economically detached from the waterfront luxury estates.
The discussion provides a high-stakes look at the evolution of Coconut Grove wealth, tracing the transition from the era when pop-culture icons like Madonna and Sylvester Stallone defined the neighborhood’s prestige to the current era of institutional power represented by Ken Griffin of Citadel and newly arrived tech titan Larry Page of Google.
The analysis provides a technical look at the Vintage buildings that are at least 30 years old, which now face the Florida Condo Association Financial Cliff due to decades of deferred maintenance and new post-Surfside compliance costs.
By identifying which developer clusters are most exposed to the Condo Cliff, Zalewski provides a roadmap for finding outlier projects that are currently priced for a boom but facing a correction.
The episode emphasizes that for every $2 million in assessments required to comply with post-Surfside legislative mandates, owners should expect the general contractor rule of one year of onsite construction labor and a significant lifestyle disruption.
