720 Collins Ave

The Association has imposed targeted assessments against dozens of unit owners that pushed back on the illegal order to replace windows. These range from $11,000 to $15,000. Nothing about these assessments are legal.

Between January 2023 and December 2024, Mr. Malden has personally reimbursed himself a total of $108,887.28 from Association accounts. These reimbursements were processed through both the operating account and the reserve account and cover a range of expenses. After repeated records requests, all we have is the ledger. Specifics and/or receipts have been withheld. Below are just a 30-day example of these expenses: The comments… Read more: Reimbursements

There is approximately $8,500 in fines from just the five open violations for work done in the building without obtaining permits. See them below. There are another 27 closed violations for a variety of violations.

The three letters below were sent to Trident by a group of unit owners and were simply ignored. Declaration of Invalidity of Special Assessment and Call for the Resignation of President Ronald Malden Request to Postpone Meeting and Provide Documentation Cease & Desist Disseminating False Misinformation About Windows and Shutters

Every month for years all of the Association revenue and expenses have been documented. That all stopped last year. There are no profit and loss statements (P&L’s) for 2024. You can see from the portal screenshot that there isn’t even a heading for 2024. Response: Everything is on the portal. Facts: As seen in the… Read more: Missing Budget Data

Issue: Page 41 of the by-laws under Fiscal Management, subsection d) call for an annual CPA Audit. One has not been performed since the current Board has been in office. “An audit of the accounts of the ASSOCIATION shall be made annually by a Certified Public Accountant, and a copy of the report shall be… Read more: Years of missing audits

Why did the insurance go from $70,524.95 in 2021 to $139,880.60 in 2024? There was some information disseminated that indicated additional insurance coverages. Is that what caused the insurance to go up $69,356 or was it something else? Response: None

The Association is reportedly renting out several units, including one to the family of Idalmis, a Board member. There are no records reflecting income from these rentals or where the funds are being allocated. As owners, ALL INCOME or REVENUE made by the Association is ours and considered “Common Surplus”. Each owner at 720 Collins… Read more: How Are Rental Funds Being Used?

The By-laws mandate that an annual meeting must be held every year. It has been claimed that since no elections took place, a meeting was unnecessary. However, elections are only one part of the meeting, and other business must also be conducted. The annual meeting cannot be skipped. Additionally, under Florida law, effective July 1,… Read more: Why has there been no annual meeting or directors meetings?

The Board independently chose to repurpose the maintenance supply storage areas on the third and fourth floors without seeking approval from unit owners. This action prompts significant concerns regarding adherence to the governing documents and Florida condominium law. What the Governing Documents Say About Storage Areas Why the Storage Area Conversion Violates Governing Documents and… Read more: Unapproved Conversion of the Maintenance Storage Area