In St. Petersburg Tampabay condo maintenace fees are too high.
I hear this alot lately. Well, it is not just in Saint Petersburg or Tampa Bay or on waterfront properties that you see high condo maintenance fees; it is the same all over Florida. Yes, it is a lot of money if you have to pay $400 or $600 or even $1000 each month to the condo association. On top of this you have to pay your property taxes and electric. Prices have gone up for everything. Let's compare a condo to a single family home here in Saint Pete.
We assume that the home value on both properties is $500,000 and have the same property taxes.
In a single family home you have to pay
Electricity average of $250 per month
Water average of $100 per month
Lawn service average of $100 per month
Inside pest control average of $50 per month
Outside pest and weed control average of $100 per month
Pool service average of $70 per month
Sewer average of $30 per month
Trash average of $ 40 per month
Basic Cable & internet average of $80 per month
Replacing sprinkler heads average of $40 per month
Insurance average of $250 per month
Painting outside every 5 years average of $70 per month
Resurface your driveway & pool every 10 years average of $50 per month
I will stop here; so far we are over $1200 per month for a single family home here in St. Petersburg Tampabay. All or most of these services are included in your condo maintenance fees.
So, maybe $500 or $600 in monthly condo maintenance fees does not sound that bad anymore.
If you have any questions about "In St. Petersburg Tampabay condo maintenace fees are too high" feel free to contact us any time.
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Anne Hensel | Real Estate Broker in Teasure Island St Petersburg
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