It's important to understand the HOA and CDD before you buy a house in Oakwood Nocatee. Like most Nocatee neighborhoods, Oakwood has two separate fee structures: the HOA (Homeowners Association) fee and the CDD (Community Development District) assessment fee.
HOA Fees: As Oakwood Nocatee is a townhome neighborhood, the HOA fee includes lawn maintenance for both common areas and individual townhome lots. The HOA also covers upkeep of the neighborhood’s park and common grounds, gate maintenance, and enforcement of community design standards through an Architectural Review Board (ARB). Specific current HOA fees should be confirmed directly with the Oakwood HOA or through your realtor at the time of purchase, as fees are subject to annual adjustment.
CDD Fees: As part of Nocatee’s Tolomato Community Development District (TCDD), Oakwood homeowners pay an annual CDD assessment on their property tax bill. These funds support Nocatee’s infrastructure and amenities. CDD fees vary by property but typically range from approximately $1,800 to $2,500 per year for this zone. Buyers can look up the specific CDD balance for any property at mytcdd.com before closing.