Hope that helps. For more information, please don't hesitate to contact me at Karen@KarenButler.com
Coldwell Banker United Realtors
The assessment fees for 480 Gulf Shore Drive #204 in Magnolia House in Destin is $2,102.00 a Quarter. The assessment fees Include: Accounting, Ground Keeping, Insurance, Management, Recreational Facilities, Sewer, Trash Disposal, TV Cable, Water, Security, Master Association
Also, there is a New Buyer Fee of $150. Please let me know if you are interested in seeing this condo.
Feel free to call me with any questions at any time.
Coldwell Banker United Destin
Henderson Real Estate Group
The association dues come out to be approximately 700/month. Condo fees usually sound really high, but one needs to remember what the fee includes. In this case, the condo fee includes:
Accounting, Ground Keeping, Insurance, Management, Recreational Facilities, Sewer, Trash Disposal, TV Cable, Water, Security, Master Association.
At 700/month this is still high for the area. It is not unusual for condo fees to run 400-500/month and include most of the same amenities listed above. Sometimes the sale price on a condo sounds like a great deal (like this one) until you figure the monthly fees on top of it. And, there is a new buyer fee of $150 as well.
There are some great deals right now in foreclosures that get snatched up very quickly--if you would like me to set you up on an automatic notification so you know immediately when something comes on the market, I can do that with no charge to you. Be the first to know, and you have the best chance at a great deal!
You are doing the right thing by looking closely at the condo fees when choosing a property to purchase. If there is any other information I can offer you, do not hesitate to call on me.
Myke Triebold, GRI, LMC, SFR, ABR
Thank you in advance for your time,
Gardner Realty LLC
The HOA fees may sound like a lot of money, but when you start adding up the costs of items such as hazard insurance, windstorm, flood, pool, exterior maintenance, roof maintenace, recreational areas, landscaping and maintenance, water/sewer/trash, etc etc you will find that the fees may be quite reasonable!
RE/MAX Coastal Properties
Kelly Klein - Accredited Buyer's Representative and Certified Residential Property Specialist
Broker Owner of Lifeguard Real Estate, Inc.