In recent years, Florida has seen a rise in condominium dissolutions—a complex process where an entire condo association votes to terminate the condominium form of ownership and sell the property, often to a developer or investor group. While it might sound straightforward, the reality is far more nuanced. Behind every dissolution is a mix of emotions, legal complexities, financial implications, and very real people trying to navigate what’s best for their home and future.
At The Esther Company, we understand that this isn’t just about real estate—it’s about community, legacy, and doing right by every resident.
What Is a Condo Dissolution?
Condo dissolution, also called condo termination, is the legal process of disbanding a condominium association and transferring ownership of the entire property, typically for redevelopment or repositioning. This process has become more common in areas where aging infrastructure, new legislation, or increased insurance premiums make the upkeep of a condo no longer sustainable—or where the land has appreciated so much that selling becomes a more practical choice.
But here’s the truth: no two dissolutions are the same. Every building has its own story, community, and set of challenges. That’s why we approach each one with care, precision, and heart.
Why We Do What We Do
Our passion for guiding condo communities through these moments of transition comes from a deep understanding of what’s at stake. Esther Santamaria, founder of The Esther Company, saw a growing need for real, human-first guidance as more associations began considering dissolution. Many boards and owners felt overwhelmed—unsure of where to start, who to trust, or what the right next move was. That’s where we stepped in.
We’ve partnered with the best in the business—attorneys, engineers, appraisers, insurance professionals, and joined Cervera Real Estate—to create a trusted, experienced team that goes far beyond just closing a deal. We act as a hub, offering à la carte consulting services that meet each community where they are. Whether it’s financial analysis, valuation, legal guidance, or negotiations, we assemble the right experts to serve the unique needs of your property.
No One-Size-Fits-All—Because No Community Is the Same
We don’t believe in cookie-cutter solutions. Every condo has different needs based on age, location, resident makeup, and market conditions. Some associations need a full-service package with hands-on coordination, while others may simply need an honest assessment of their options. Our goal is always the same: to offer clarity, protect your interests, and ensure no resident is left behind.
Beyond the Transaction
What sets us apart is our commitment to the people behind the properties. We’re not just here to broker deals—we’re here to guide, to educate, and to advocate. We stay by your side through every stage of the process, from initial exploration to final sale and transition. Our goal is long-term value, not just a fast close.
When you work with The Esther Company, you gain more than a consultant—you gain a dedicated partner who listens, who cares, and who has the network and knowledge to help your community take the next step with confidence.
