When you invest in a Del Webb, Nocatee, house for sale, you have to factor in HOA (Homeowners Association) and CDD (Community Development District) fees that are a recurring expense, monthly and annually. These fees in Del Webb, Nocatee, are higher than in other neighborhoods, as it is a gated community with the provision of resort-style facilities within the neighborhood.
HOA Fees: HOA fees in Del Webb, Nocatee are typically $211 to $225 per month, depending on the property type. The fee covers expenses for gated entry and security, common area upkeep, including lawn maintenance, community landscaping, and Canopy Club amenities. HOA fees are payable monthly.
CDD Fees: CDD fees in Del Webb, Nocatee, range between $1,800 to $2,500 per year, depending on the lot size and home type. This amount is payable annually and charged with the property tax bill. CDD fee covers expenses of maintaining the greater Nocatee, infrastructure including roads, stormwater systems, trails, recreational facilities, and more.
Hence, the total monthly outgo of residents towards HOA and CDD fees is $350 to $450 per month (taking the monthly equivalent of CDD fees.