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.
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