Jennifer M B…, Other/Just Looking in Spring Hill, FL

Is the HOA fee of $738 per month or $738 per year?

Asked by Jennifer M Barnes, Spring Hill, FL Sat Dec 1, 2012

This question was asked from http://www.trulia.com/property/3075006651-11140-Highland-Cir…

Help the community by answering this question:

Answers

7
Dear Jennifer,

As the others have said, this is in Boca Woods Country Club. The HOA fee is paid quarterly. You also are required to join the country club with fees of $30,000 Equity + $25,000 initiation + annual dues $12,435 + tax.

For available properties in Boca Woods Country Club, click here:
http://www.agentboca.com/country-club-communities-in-boca-ra…

Always a pleasure,
Jennifer Sommers, Nestler Poletto Sotheby's International Realty
One South Ocean Boulevard, Suite 11 ⃓ Boca Raton, Florida 33432

O. 561.235.7777⃓ C. 786.390.9299 ⃓ F. 561.997.2614
Jen@AgentBoca.com ⃓ http://www.AgentBoca.com



"Artfully Uniting Extraordinary Properties with Extraordinary Lives"
0 votes Thank Flag Link Fri Feb 1, 2013
Hi Jennifer,

As the others have said, this is in Boca Woods Country Club. The HOA fee is paid quarterly. You also are required to join the country club with fees of $30,000 Equity + $25,000 initiation + annual dues $12,435 + tax.

If you would like information on any communities that do not have a mandatory membership fee, please give me a call.

Nadine Mauro
Highlight Realty
561-414-0864
NadineSellsHouses@gmail.com
http://www.floridahouseseller.com
0 votes Thank Flag Link Sat Dec 1, 2012
That is a quarterly HOA rate. Be aware that there are mandatory one-time fees and annual dues. I believe it is now $55,000. They only have golf memberships, used to have social membership but they are or will be phased out with house sales. In addition to HOA fee, there are quarterly dues of $12,000+. This club is fiscally wise, using initiation fees for what might otherwise be special assessments.

Nice clubhouse with dining rooms, lounge, fitness area, card rooms and more.

May I show you this property?

MARILYN JACOBS
Jeffrey Ray & Associates
561-638-9818
marilynfjacobs@gmail.com (best way to contact me is email, if you use it)
0 votes Thank Flag Link Sat Dec 1, 2012
Almost any time you find a home in Boca Raton where the price seems astoundingly low, and the quality of the home seems amazingly high, you are likely to be looking at homes in Boca Raton country clubs that require equity fees for entry and annual club membership dues.

In this case, the home is in Boca Woods, which is a very well kept country club in Boca Raton. If you look through the Boca Raton country club listings, you will find many homes for sale at prices that are seemingly very affordable. However, when you add the country club lifestyle and the initial up-front equity fees and continuing annual country club dues, they begin to look more expensive.

In addition, if you are using a mortgage, that mortgage will not cover the up-front equity. You will have to pay that in cash.

However, if you are looking for a country club lifestyle, you will be very pleased with the prices of homes in Boca Woods, as well as the elegant country club facilities.

Marc Jablon, The Jablon Team
RE/MAX Complete Solutions
JablonTeam@gmail.com
561-213-6139
http://www.JablonTeam.com
0 votes Thank Flag Link Sat Dec 1, 2012
Jennifer,

The home you are inquiring about at 11140 Highland Court is located in Boca Woods Country Club. The neighborhood association fees are $738 per quarter but there are required memberships in Boca Woods. Not sure if you are looking for a private club community but there are some tremendous values out there are these organizations are having problems finding younger members.

In Boca Woods there are various memberships available ranging from social where the equity initiation fees start at $15,000 and go up to $30,000 for full golf members. Annual dues on top of your neighborhood association start at $7,343 for social up to $12,238 for the golf members.

The best thing you can do is locate a qualified Realtor who can properly assist you in locating good opportunities and be ready to act quickly when the right opportunities present themselves. I would certainly be honored to be included on the list of Realtors that you may choose to interview to represent you.

Best of luck and if I can offer anything additional please let me know.


Always at Your Service,


Tom Priester e-PRO
"Results Driven Real Estate"


Keller Williams Realty
561 308-0175
tom@tompriester.com
0 votes Thank Flag Link Sat Dec 1, 2012
Hi Jennifer,
This home is in the Boca Woods Country Club....which has a $30,000 equity bond, and a $20,000 non refundable initiation feel. The $738. is per quarter, plus approx. 12,000 in annual dues. This is all part of why the home is so inexpensive.
Let me know if I can help find you what you're looking for.
Sincerely,
Laurie Somers
Realtor
Prudential Florida Realty
561-289-3585
Lsomers2@comcast.net
LaurieSomers.com
0 votes Thank Flag Link Sat Dec 1, 2012
This home is located in Boca Woods Country Club. The HOA fee is $738 per quarter. There is also a $30,000 Equity + $25,000 initiation + annual dues $12,435 + tax.

Marni Zuckerman, Realtor
Signature International Real Estate
ListWithMarni@gmail.com
561-613-9335
0 votes Thank Flag Link Sat Dec 1, 2012
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer