TRICIA5455@a…, Home Buyer in Delray Beach, FL

why is HOA fee so much more on this unit?

Asked by TRICIA5455@aol.com, Delray Beach, FL Sat Aug 31, 2013

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This question was asked from this property: http://www.trulia.com/property/3125916618-485-Saxony-K-Delra…

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2
rentalprps, Other Pro, Port Saint Lucie, FL
Mon Sep 2, 2013
Sadly, the fees depend on "doing the same thing" managment and expecting different results. There needs to be more influx on younger baby boombers to take the reign of KP Managment and the different "autonomous" Condo Associations. It should not cost what it does for either the overall Mgtmt and/or the separate Associations. It's basically run by volunteers for the most part anyway by committees, BOG...they need to completely manage both/all entities; including becoming self insured.

If you take the hardscape out of the condo associations; very little landscaping; and the cleaning it not done all that often. Same goes with the Vesta Mgmt; take out the Golf Courses; the Associations and their areas; what do you have.....not anywhere near what they are getting for Mgtmt fees.

What started out as $143...doable is a riduculous $350 monthy fee (chump change as one retired plumber said) but; for a lot; it is almost rent; only thing included is Community Television (limited) by Comcast.

So, Come on Down, BabyBoomers, and help turn this once thriving Community around. It would make a really easy remodel that could only bring the values up to where they should be
considering the Land!!
0 votes
Joan Lorberb…, Agent, Boca Raton, FL
Sat Aug 31, 2013
There are different condo fees within the many subdivisions and sections of Kings Point. Also, this unit is a full 2 bedroom and 2 bath unit and perhaps you are comparing the fees to smaller units. Further, the fee shown could include a recreation lease payment (although I believe most, if not all, have been paid off).
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