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What is the reason that the maintenances are so high on Condos especially by the Beach

One of the reasons that we have higher maintenance is because of the insurance that is included in the maintenance. This is not your personal Home Owners HO6 insurance, it is rather the building insurance. Here is a couple of rule of thumbs. The larger the building, the more insurance costs. If the building is situated close to the Beaches like Ocean Drive, Collins Avenue or East of US1 then it will be designated as a Flood Zone. Stratigically the insurance is higher in Flood Zones. 

Many out of state buyers get surprised that our insurance is higher however it is small price to pay for an endless vacation.

 

Other listing available please contact Erika

Erika Meyer , Realtor
RE/MAX 5 Star Realty
4151 Hollywood Blvd & 1901 Harrison ST
Hollywood, FL 33021

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