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Talk to a Specialist โMonthly Breakdown: $100K Condo, Cash Buyer
| Expense | Monthly |
|---|---|
| HOA (all-inclusive) | $450 |
| Property Tax (WPB, homestead) | $105 |
| Insurance (HO-6) | $35 |
| Electricity | $85 |
| Total | $675 |
$675/month is genuinely difficult to beat anywhere in South Florida for gated 55+ living with a theater, pools, fitness center, and social programming. The tradeoffs: 1970s construction, SB 4-D reserve requirements, 277+ units competing at resale, and limited financing options. For cash buyers on a strict fixed income who have done the reserve fund diligence, this is the mathematical floor.
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