CDD stands for community development district. Some communities do have this fee and it is paid annually in your taxes. There are 2 portions, the bond and the operations and maintenance. This CDD amount varies based on the neighborhood. The CDD is also paid over a certain term of time (20 Yrs- Lakewood Ranch) Once the bond is paid, only the operations and maintenance need be paid on the property. The district maintains wetlands, landscape in the medians, non potable water irrigation, water main, community signage, public parks and more...
Lakewood Ranch is a master planned community that has CDD fee's. If you have questions about any community, we would love to answer them. Don't hesitate to contact us. We can help you find the right home in Sarasota, Bradenton, Lakewood Ranch. We can help with new construction too. We work for you, not the builders and will help negotiate the best deal.
Check out our website for more community info and updated listings from the MLS. Set up a search and receive all new homes coming on the market. We can connect you with great mortgage brokers that will answer any questions too about financing, so you can get preapproved.
Atchley International Realty
9040 Town Center Pkwy
Lakewood Ranch, Fl 34202