Fiore SIRS Report

The SIRS report safeguards our community by assessing building integrity and ensuring reserves are properly funded for future structural repairs.

Fiore SIRS Revised

What is an SIRS?

Structural Integrity Reserve Study

The Structural Integrity Reserve Study (SIRS) is a state-mandated evaluation required for Florida condominium associations with buildings three stories or higher. This study assesses the physical condition of critical structural components—such as roofs, foundations, and load-bearing systems—and determines the reserve funding needed to maintain their long-term safety and functionality. At Fiore, we are committed to transparency and compliance with Florida Statute 718, ensuring our community’s infrastructure remains well-maintained and financially prepared for future repairs.

DBPR Source Info

What are the components of an SIRS?

*Caveats to the Fiore SIRS Report

These figures are subject to change, as a new SIRS must be conducted. As of October 2025, Fiore will submit the existing report to the DBPR as proof of completion, with the understanding that an updated SIRS will be performed and resubmitted once finalized.

Fiore SIRS Material

May 2025 Revised Data*

After speaking with the engineer in April, we shared our must updated reserve fund numbers -- and he reformulated the report. However, note that this did include another inspection of the property in any way.

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Oct. 2024 Original Report*

The Reserve Fund Strength reported fluctuated from 4% to 103%—a 99% delta—with no board-wide review or approval. These adjustments may have contributed to an overstated reserve position and underrepresented HOA costs.

July 2025 Balcony Inspection

We inspected all of the 84 balconies to identify any concrete structural deficiencies and calculate the reserve funding needed for future repair or replacement. Fiore announced the need to inspect 84 balconies for structural deficiencies as part of a new Structural Reserve Study (SIRS) requirement.

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Mediation Settlement

Following a review of both the original and revised inspection reports provided by the first engineer — and at the direction of legal counsel — the Association has submitted a formal demand for reimbursement due to significant discrepancies in the engineer’s reporting. These errors resulted in life-safety concerns, including balconies that became unstable and required emergency repair, and necessitated that all inspections be redone to ensure full compliance with state law and resident safety.

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*Note: These numbers are subject to change, as a new SIRS will have to be conducted. As of October 2025, Fiore will be submitting to the DBPR the report as it was provided to show prove of completed, with the caveat that a new SIRS will be conducted and submitted upon completion.