One Florida Town Just Tripled Its HOA Fees To Over $3,300 A Month
So much for moving to Florida to pay less due to taxes…
That’s because one Florida town has shocked residents by tripling HOA fees to over $3,300, according to The Daily Mail.
Winter Park Woods, near Orlando, raised its monthly fees dramatically, the Daily Mail reported, citing WESH. Longtime resident Lorraine Roy now pays $3,371.79 for her three-bedroom condo.
“This is way too high,” she said. “And I love this location, which is why I stayed here all this time, through the ups and downs.”
Roy is currently resisting offers to sell her condo but acknowledges it may be necessary in the future. The Winter Park Woods Condominiums Association raised fees due to millions owed to Orange County for code violations, WESH reported.
The Daily Mail report says that the hike also covers increased insurance costs and new legislative requirements following the 2021 Surfside condo collapse, which mandates structural inspections for condos over 30 years old and additional repair funds.
Insurance costs have risen due to more frequent natural disasters like hurricanes and flooding, pushing HOA fees higher for repairs and mitigation. “We underfunded the reserves, that has been happening,” Roy admitted.
Resident Shane Costa’s fee rose from $634 to over $2,100, prompting him to attempt to sell. However, an investor offered him only $70,000, far below the value. “The simple truth is developers are going to come in and redevelop these properties,” said Jeff Brandes, Founder & President of the Florida Policy Project.
Costa added, “I’m in a little bit better circumstance than most people right now, but there’s people losing their homes.” Steve Fieldman, another resident, agreed: “There are people who live here no more, and they just couldn’t withstand the pressure and had to sell out for a much lower price than they feel was fair.”
Joel Berner, a senior economist at Realtor.com, noted, “HOAs are getting tough all across the country lately, but especially in Florida.”
Tyler Durden Wed, 03/05/2025 – 18:00
Source: https://freedombunker.com/2025/03/05/one-florida-town-just-tripled-its-hoa-fees-to-over-3300-a-month/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,681,832,096 |
| Stories: | 8,370,246 |
Whistler Blowers, Insiders
