In Miami, Florida, Partner Engineering and Science takes on Property Condition Assessments with a meticulous approach following the ASTM E2018 guidelines. Our specialized team in Miami comprises accredited engineers, seasoned architects, and proficient commercial building inspectors, ensuring a thorough examination of every aspect of your property.
Going beyond the surface, our assessments cover not only the visual scrutiny of site, structures, and various systems but also delve into the evaluation of site improvements. We examine their current state, adherence to building codes, life cycle costs, suitability for intended use, and identification of any existing defects. Our assessments are rooted in the conditions of these enhancements at the time of evaluation, providing a comprehensive view.
To conduct these assessments, we meticulously review on-site maintenance records, building blueprints, and proposed future capital improvements. We also go through municipal building department records and conduct interviews with on-site engineering and management personnel. The comprehensive provision of site-related information by the client is crucial for our Miami team to deliver a thorough analysis and precise recommendations.
Our detailed reports, spanning between 15 to 30 pages, are comprehensive and include an “Immediate Repairs Table.” These repairs cover life safety concerns, failing building systems, and deferred maintenance requiring expenditures exceeding $2,000 for repair or replacement. Additionally, we create a “Replacement Capital Reserve Table” estimating major capital outlays expected over the next 12 years. Each section of the report meticulously discusses the condition of every building system and outlines necessary improvements.
State & Local Resources
Additional state and local information about PCAs can be obtained from the following resources:
Property Condition Assessments (PCAs) are crucial for commercial real estate (CRE) transactions in Miami, Florida, due to the city’s unique subtropical climate, diverse architectural styles, and aging infrastructure.