Subscribe to Florida Trend

NAVIGATION

September 21, 2018

The Florida Keys post-Irma

Mike Vogel | 1/26/2018

However unhappy at the debris piles, Keys residents don’t seem to have lost their senses of humor. “Can’t drown a conch,” reads a spraypainted message along the road.

And in most regards, the Keys seem well on the way to recovery. Key West, on the relatively soft side of Irma’s eye, looks unscathed. Visitors line up at the corner of Whitehead and South streets to take selfies at the “Southernmost Point” concrete buoy, repainted after being defaced by the storm. “Anyone who is open is doing very well,” commented Key West attorney Bart Smith.

The new Perry Hotel, for example, opened in May, lost only a couple days from the storm and has enjoyed strong occupancy since, says Brad Weiser of Miami-based developer Hostmark Hospitality. “This is one of the best hotel markets in the United States,” Weiser says, on a par with San Francisco, New York and Honolulu, the nation’s best. “We’ve been thrilled.”

Citizens and the Keys

  • Statewide, damage from Hurricane Irma generated 62,500 claims for state-run insurer Citizens Insurance. Of those, 9,092 were for insured properties in the Keys.
  • Average claims statewide were $13,827. In the Keys, the average Citizens claim was $14,848.
  • Citizens spokesman Michael Peltier says the deciding factor in claims trends was whether a home was built to the current building code — elevated to the 100- year flood plain and with the exterior built to withstand 180 mph winds. Homes with metal roofs fared much better than homes with composite shingles.
  • Peltier says it’s likely that many residents will not rebuild in the Keys and will take their insurance settlement and sell the property. For Citizens, 60% of the insured homes were not compliant to current codes. Many residents will not have enough insurance proceeds to cover the code compliant changes the homes will require.

See other stories from Florida Trend's February issue.

Get Florida Trend's February magazine – print or digital. Select from these options:

EXISTING
DIGITAL
SUBSCRIBERS

Access Article Now!

DIGITAL
SINGLE
ISSUE

Get a single DIGITAL copy of this issue

$4.95

PRINT
SINGLE
ISSUE

Get a single PRINT copy of this issue

$4.95
plus $3 postage & handling

PRINT SUBSCRIPTION

One year in PRINT

$14.98*
plus a FREE gift!

DIGITAL SUBSCRIPTION

One year DIGITAL

$14.98*
plus a FREE gift!

ALL ACCESS SUBSCRIPTION

One year Combo
PRINT + DIGITAL

$24.95*
plus a FREE gift!


CURRENT  PRINT  SUBSCRIBERS

If you are already a print subscriber,
ADD DIGITAL EDITION ACCESS
to your existing subscription here!
(or call our office at 727-892-2643)

* offer valid for new subscribers only

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Miami Beach considers annexing western Venetian Islands
Miami Beach considers annexing western Venetian Islands

Two of the Venetian Islands are part of Miami while the other four belong to Miami Beach. Some residents of Biscayne and San Marco islands say they want to join Miami Beach, but they face an uphill battle.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

With Florida's government projecting a positive budget outlook, what do you think is the most important for state to invest in?

  • Education
  • Environment
  • Health care reform
  • Infrastructure
  • Not spending it, keeping cash reserve
  • Public safety
  • Other (comments welcome)

See Results

Ballot Box
Subscribe