WASHINGTON, DC 20549

                                   FORM 12b-25
                                                 Commission File Number 0-20848

                           NOTIFICATION OF LATE FILING

(Check One): [X] Form 10-K     [  ] Form 11-K    [  ] Form 20-F   [ ] Form 10-Q
[   ] Form N-SAR

For Period Ended:  December 31, 2001

[   ]  Transition Report on Form 10-K      [   ] Transition Report of Form 10-Q
[   ]  Transition Report on Form 20-F      [   ] Transition Report on Form N-SAR
[   ]  Transition Report on Form 11-K

For the Transition Period Ended:

       Read attached  instruction  sheet before preparing form.  Please print or

       Nothing in this form shall be construed to imply that the  Commission has
verified any information contained herein.

       If the  notification  relates to a portion of the filing  checked  above,
identify the item(s) to which the notification relates:


                                     PART I

                             REGISTRANT INFORMATION
Full name of registrant:  Universal Insurance Holdings, Inc.
Former name if applicable:  Universal Heights, Inc.
Address of principal executive office (Street and Number): 2875 N.E. 191st Street, Suite 300
City, state and zip code: Miami, Florida 33180

                                     PART II
                             RULE 12b-25 (b) AND (c)

       If the subject report could not be filed without  unreasonable  effort or
expense  and  the  registrant  seeks  relief  pursuant  to Rule  12b-25(b),  the
following should be completed. (Check box if appropriate.)

[X]    (a) The reasons  described in reasonable  detail in Part III of this form
           could not be eliminated without unreasonable effort or expense;

[X]    (b) The subject annual report,  semi-annual report,  transition report on
           Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed
           on or before the 15th calendar day following the prescribed due date;
           or the subject quarterly report or transition report on Form 10-Q, or
           portion  thereof  will be filed on or before the fifth  calendar  day
           following the prescribed due date; and

[ ]    (c) The  accountant's   statement  or  other  exhibit  required  by  Rule
           12b-25(c) has been attached if applicable.

                                    PART III

       State below in reasonable  detail the reasons why Form 10-K,  11-K, 20-F,
10-Q,  N-SAR or the transition  report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)

       Effective  January 15,  2002,  the  Company  terminated  its  outsourcing
       arrangements for its insurance operations and certain data processing and
       record keeping functions.  These services are now provided  in-house.  It
       has taken longer than anticipated to complete the conversion, obtain data
       from the prior provider and to reconcile  information and accounts.  As a
       result, the Company requires additional time to prepare its Annual Report
       on Form 10-KSB for the period ended  December 31, 2001. The Company fully
       expects  to be able to file the Form  10-KSB on or before  the  fifteenth
       calendar day following the prescribed due date.

                                     PART IV
                                OTHER INFORMATION

       (1) Name and  telephone  number of person  to  contact  in regard to this

James M. Lynch                          (305) 792-4200
(Name)                                  (Area Code) (Telephone Number)

       (2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities  Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940  during the  preceding  12 months or for such  shorter  period  that the
registrant was required to file such report(s) been filed?  If the answer is no,
identify report(s).

                                                            [X] Yes     [   ] No

       (3)  Is  it  anticipated  that  any  significant  change  in  results  of
operations  from the  corresponding  period  for the last  fiscal  year  will be
reflected by the  earnings  statements  to be included in the subject  report or
portion thereof?
                                                            [  ] Yes      [X] No

         If  so,  attach  an  explanation  of  the  anticipated   change,   both
narratively and  quantitatively,  and, if  appropriate,  state the reasons why a
reasonable estimate of the results cannot be made.

                       Universal Insurance Holdings, Inc.
                  (Name of registrant as specified in charter)
has  caused  this  notification  to be signed on its  behalf by the  undersigned
hereunto duly authorized.

Date:  March 29, 2002                    By: /s/ James M. Lynch
       --------------                       ------------------------------------
                                            James M. Lynch
                                            Chief Financial Officer