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Personal Finances / Buying or Selling a Home


Subject:  Re: Buying Retirement PLace in Fl Date:  10/25/2013  2:12 PM
Author:  jeffbrig Number:  126482 of 128370

One factor in a condo in South Florida would be the cost of hurricane insurance/flood insurance which will make your homeowners association fees very, very high.

I live in a condo in S Florida. More of a townhouse really, but as a legal entity, it's still a condominium. Not on the beach, a few miles inland. Units in here are going for about $200k right now. My monthly condo fee runs about $300, which covers insurance (hurricane and flood), maintenance, landscaping, pool, etc.
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