HOA and CDD
Saratoga Springs HOA and CDD Fees
Understand the ongoing costs of owning a home here before you sign a contract.
| Item | Amount | Notes |
|---|---|---|
| HOA dues | Contact Alina for current details. | May differ by neighborhood, including Sagebrooke 55+ |
| CDD annual assessment | Contact Alina for current details. | Varies by lot and product type where a CDD applies |
| Capital contribution at closing | Contact Alina for current details. | Set by the community documents |
HOA and CDD amounts for Saratoga Springs have not been confirmed for this site. Ask Alina for the current figures for the exact home and lot you are considering.
What is an HOA?
A homeowners association maintains shared areas and enforces the community rules. HOA dues typically help pay for common area landscaping, amenities and management. Exactly what is covered is set out in the community documents.
What is a CDD?
A Community Development District is a special purpose local government created under Chapter 190 of the Florida Statutes. Many Florida master planned communities use a CDD to finance roads, utilities and other infrastructure. CDD assessments, when they apply, generally appear on the annual property tax bill rather than as a monthly payment.
Florida law requires a CDD disclosure in contracts for the initial sale of property within a district, so you will see it in your paperwork if one applies.
Questions to ask before you sign
- What are the current HOA dues, and what do they include?
- Is the home in a CDD, and what is the annual assessment for that lot?
- Is part of the CDD amount a debt assessment, and can it be paid off early?
- Are there one time fees at closing, such as a capital contribution?