Found 2 blog entries tagged as hoa fees.

Why Are HOA Fees So High in Florida?

Homeowners’ Association (HOA) fees are a necessary part of maintaining the quality and functionality of many communities, particularly in Florida where these fees fund everything from essential services like utilities to amenities like pools and landscaping. But recently, homeowners have been hit with significant increases in these fees, raising the question: why are HOA fees so high in Florida? Over the past five years, HOA fees in some areas, such as South Florida, have skyrocketed. For example, in Miami-Dade County, the median monthly condo association fee jumped nearly 60%, from $567 in 2019 to $900 in 2023. Broward County saw a similar trend, with fees rising more than 56% during the same period. 

This…

8418 Views, 0 Comments

Read Full Post

What Is a Townhouse vs. a Condo? A Florida Buyer's Guide

What Is a Townhouse vs. a Condo? A Florida Buyer's Guide

If you are shopping for a home in Central Florida, two property types come up again and again: townhouses and condos. They look alike from the street and both usually come with an HOA, but what you actually own is very different. What is a townhouse? In short, it is an attached home where you own the building and the land under it. A condo is a unit inside a shared building where you own the interior only. That one distinction shapes your taxes, insurance, monthly fees, and what you are responsible for. Across the Disney corridor, from Davenport to Clermont to Celebration, both are common, and both can be smart buys depending on how you plan to live or invest. This guide breaks down the…

12485 Views, 0 Comments

Read Full Post