Four Seasons at Parkland is the only luxury single-family 55+ community in Broward County. With 538 ranch-style homes built starting in 2015 by K. Hovnanian, it occupies a completely different tier than the condo-dominated 55+ market in places like Tamarac, Pembroke Pines, and Deerfield Beach. The buyers considering Four Seasons are not comparing it to Century Village — they are comparing it to GL Homes Valencia series in Palm Beach County, Boca Raton luxury condos, or staying in their current home up north.
This guide breaks down the true annual cost at two price points: $900,000 (entry-level for Four Seasons) and $1,200,000 (mid-to-upper range).
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Talk to a Specialist →Annual Cost at $900,000
| Cost Category | Annual Cost | Monthly | Notes |
|---|---|---|---|
| Property Tax (after homestead) | $11,900 | $992 | ~19.84 mills on $850K taxable value ($50K homestead exemption) |
| HOA Fee | $5,400-$6,408 | $450-$534 | Covers amenities, exterior landscaping, common areas |
| Homeowners Insurance | $5,500-$8,000 | $458-$667 | Single-family, inland Parkland — lower than coastal. New construction = better rates. |
| Flood Insurance (if required) | $500-$1,500 | $42-$125 | Zone-dependent. Many Parkland areas are Zone X (minimal flood risk). |
| Maintenance Reserve | $3,000-$5,000 | $250-$417 | Newer construction reduces near-term needs, but A/C, water heater, paint add up. |
| Total Annual Carry | $26,300-$32,308 | $2,192-$2,692 |
Annual Cost at $1,200,000
| Cost Category | Annual Cost | Monthly | Notes |
|---|---|---|---|
| Property Tax (after homestead) | $15,850 | $1,321 | ~19.84 mills on $1.15M taxable value |
| HOA Fee | $5,400-$6,408 | $450-$534 | Same HOA regardless of home value |
| Homeowners Insurance | $7,000-$10,000 | $583-$833 | Higher replacement cost = higher premiums |
| Flood Insurance (if required) | $500-$1,500 | $42-$125 | Same zone-based calculation |
| Maintenance Reserve | $4,000-$6,000 | $333-$500 | Larger homes = higher maintenance costs |
| Total Annual Carry | $32,750-$39,908 | $2,729-$3,326 |
What the HOA Covers
Four Seasons' $350-$534/month HOA covers the 24,000 sq ft clubhouse, tropical beach-entry heated pool, spa, five lighted tennis courts, three pickleball courts, bocce ball, fitness center, ballroom, full-time lifestyle director, and common area landscaping and security (24/7 guard-gated access). Cable TV, internet, and water may be included depending on the current fee structure — verify at purchase.
What it does NOT cover: your roof, your exterior paint, your driveway, your A/C, your appliances. This is single-family — you own the structure and are responsible for it. This is both the upside (no SB 4-D, no condo reserve assessments, no building-level insurance disputes) and the responsibility (your roof replacement at $15K-$30K is your bill alone).
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The No-SB-4-D Advantage
For buyers coming from states where they owned a single-family home, this structure is familiar. For buyers who have been considering Broward County condos and are alarmed by the SB 4-D and insurance crisis stories, Four Seasons eliminates that entire category of risk — at a significantly higher purchase price.
Is the Parkland Premium Justified?
The question most Four Seasons buyers ask: why not go 20 minutes north to Palm Beach County and buy in a GL Homes Valencia community, a Boca Raton luxury community, or one of the newer developments in Delray Beach?
| Factor | Four Seasons (Broward) | Palm Beach County Luxury |
|---|---|---|
| Avg Home Price | ~$945K | $800K-$1.5M (varies by community) |
| Property Tax Rate | ~19.84 mills (Broward) | ~18-20 mills (PBC varies by municipality) |
| Builder | K. Hovnanian | GL Homes, Toll Brothers, PulteGroup |
| Community Size | 538 homes | 500-2,000+ homes |
| Distance to Beach | ~12 miles | 5-15 miles (varies) |
| School District | Parkland (A-rated) | Varies |
| Airport Access | FLL (21 mi), PBI (26 mi) | PBI (10-25 mi) |
The honest answer: the Parkland premium buys you Broward County's best suburban reputation (A-rated schools area, low crime, strong community identity), proximity to Fort Lauderdale, and the distinction of being in the only luxury single-family 55+ community in the county. Whether that is worth a potential price premium over comparable Palm Beach County communities depends on whether your life is oriented toward Fort Lauderdale or toward the Palm Beaches.
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