Brock Realty Inc.
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Hope this information has been helpful to you and Happy New Year!
Lu Anne Wilson, GRI
Evergreen Realty Corp.
941-365-6681 or 941-726-2505
SaraBay Real Estate
We have access to the specific information you require but need additional information on the location of the home. The Sarasota area is large and includes hundreds of HOA arrangements with a variety of services and fees. Feel free to contact us for a quick response and information you can rely on.
I've attached a link below for a piece I wrote on North Carolina Condos and Townhomes and while Florida may have slightly different regulations the majority of what I've written applies to nearly all HOA's.
Good luck and All the best in the coming year.
A deed restricted community is where the community has a homeowner association that has rules and regulations pertaining to the use of land and the look of the neighborhood. Usually it is initiated by the developer. Most deed restricted communities require a homeowner association fee to continue the upkeep of the community.
Each deed restricted community has different rules. Deed restrictions can include the size of home allowed on the lot, paint colors for the exterior of the home, as well as lawn maintenance, landscaping, and some even regulate tree-cutting. Some communities do not allow the storage of campers, trailers, or cars that don't run or vehicles with company names or logos on them. They can dictate what types of materials a fence can be made out of, or even not allow fences at all. Another restriction might be regarding pets. Some will only allow one pet or limit the breed and size of the pet. Building additional structures on the lot such as a shed or gazebo can also be restricted.
Some of the benefits of living in a deed restricted community are that amenities are often included. These can be anything from golfing, use of swimming pool, tennis courts, a fitness center, or even a club house. These amenities are owned by the members of the community and are common ground. Another benefit is that communities with deed restrictions maintain their value and are more desirable to potential buyers.
It is important to be aware of the deed restrictions on a property before making an offer. If you are thinking of buying a home in a deed restricted community, you will want to get a copy of the deed restrictions before you buy and read it over carefully. These can either be obtained from the seller or directly from the homeowner association.
Tammy Hayes, Realtor, Green Lion Realty, Port Charlotte, FL - firstname.lastname@example.org
Condo association fees typically include basic cable, exterior building maintenance, exterior insurance, and grounds maintenance like a clubhouse or pool. Sometimes, water is included as well.
Condo association fees in our area starts around $225 a month for an entry level condo with basic amenities most buyers would expect.
I have more answers to commonly asked questions about buying a condo in our area on my website, http://www.davidbarrhomes.com/condo_faq. You can also learn more about CDD fees here: http://www.davidbarrhomes.com/cdd_fee
If you need help finding the right property, I'd be happy to help.
David Barr, Broker Associate
Jen Bowman, Broker Associate
Licensed in Georgia and Florida
Keller Williams Realty on the Water
In some communities the fees cover maintenance of community amenities such as a clubhouse, pool, recreational fields.
Some communities have lawn maintenance included in the HOA fees. If it's a gated community and the roads are private, the HOA fees would typically cover electronic gate/guard and road maintenance.
As you can see, there is a wide range of what can be covered under an association's fees.
Your real estate agent should be able to provide you information on the annual cost of the HOA fees and what is covered by those fees if you ask.
You didn't ask about deed restrictions, but I would also suggest getting a copy of the restrictions of the community BEFORE you write an offer on a home in a deed restricted neighborhood to make sure your family will be comfortable living with those restrictions after the purchase.
Please drop me an email if you have other questions regarding HOAs and deed restrictions.
Diane Christner, Realtor, GRI, SFR
Realty Executives Solutions
Sarasota Real Estate Group