WASHINGTON, DC 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                                                  Commission File Number 0-20848

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

For Period Ended:  September 30, 2002

[   ]  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:


     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 N-SAR,  or portion  thereof  will be filed on or
     before the fifteenth 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  or portion thereof  could not be filed
within the prescribed time period. (Attach extra sheets if needed.)

       Effective   October  28,  2002,  the  Company  engaged  Blackman  Kallick
       Bartelstein LLP as its new  independent  auditors.  The Company  requires
       additional time for its independent  auditors to complete their review of
       the financial statements to be included in the Form 10-QSB for the period
       ended  September  30, 2002.  The Company fully expects to be able to file
       the Form  10-QSB  on or before  the  fifth  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:  November 12, 2002                  By:  /s/ James M. Lynch
       -----------------                       -------------------------
                                               James M. Lynch
                                               Chief Financial Officer