Buyers of houses for sale in Artisan Lakes, Nocatee, must factor in the HOA and CDD when they work out their budget. These are not fixed expenses but depend on a lot of factors, such as the size of the house, the type of neighborhood, amenities available, and more. HOA (Homeowners Association) fees are payable monthly, while CDD (Community Development District) fees are payable annually, along with property taxes.
HOA fee for Artisan Lakes: The HOA fees range between $440 and $457 per month, slightly higher than other neighborhoods because of the in-community amenities provided. The fees are used for maintenance of private amenities, lawn care and landscaping, and common area maintenance.
CDD fee for Artisan Lakes: The CDD fee is between $1,950 and $2,175 annually. The funds are used for maintenance of common infrastructure in Nocatee, such as water parks, roads, utilities, trails, and community and lifestyle events.
Hence, for residents of Artisan Lakes in Nocatee, the yearly outflow towards HOA and CDD fees is about $7,000 to $7,700 annually.