In St. Petersburg Tampabay the condo maintenance fees are too high.

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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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