It is important for aspiring buyers of Coral Ridge at Seabrook houses for sale to know the extent of their monthly and annual financial commitment after they move into the neighborhood. This is primarily reflected in the HOA (Homeowners Association) and CDD (Community Development District) fees. Both are used to maintain the amenities and the infrastructure of the community.
HOA fees: HOA fees are collected monthly and cover all maintenance activities. These include upkeep of the community like landscaping and other services that help to maintain the aesthetics of the surroundings. HOA fees depend on the builder or the phase in the neighborhood. Coral Ridge residents pay HOA fees of $125 per month.
CDD fees: CDD fees are used to maintain the world-class, resort-style facilities and infrastructure available in Nocatee. These include the fitness centers, recreational facilities, water parks, biking and walking trails, and common roads and golf cart paths that run through Nocatee. Coral Ridge CDD fee is $2,700 to $2,800 payable annually with the property tax bill.