2024 Hilton Grand Vacations Maintenance Fees

[rjp123]

HGVC SOUTH BEACH MIAMI 2024 - 1 BEDROOM PLATINUM

• Operating Fee: $1058.57
• Reserve Fee: $256.82
• Property Taxes: $105.89
• Developer Subsidy/ Special Assessment: $0 (none)
• TOTAL: $1421.28
• Increase over 2023: 14.2% ($176.71)

Increase in MF primarily driven by significant year-over-year increase in property insurance costs (impacting most, if not all, Florida properties).

 

[4TimeAway]

Are they due January 1st and late on the 15th?

They are no posting as due in my account and nothing has been mailed to me.

 

[Cyberc]

Are they due January 1st and late on the 15th?

They are no posting as due in my account and nothing has been mailed to me.

I think it varies BUT most are due 1/1 and late by 2/15

 

[Nowaker]

nothing has been mailed to me.

I can confirm, nothing mailed this year. They probably discontinued sending snail mail (which is a good thing).

 

[MadDawg]

HGVC Seaworld Phase II 2 Bedroom Gold. 8000 points

2024 CLUB DUES $209.00
2024 OPERATING FEE $916.53
2024 REAL ESTATE TAXES $173.44
2024 RESERVE FEE $296.45

Total w/o club dues: $1386.42
Total with club dues: $1595.42

HGVC Seaworld Phase II 11,200 points
2024 CLUB DUES $209.00
2024 OPERATING FEE $916.53
2024 REAL ESTATE TAXES $264.57
2024 RESERVE FEE $296.45

 

[motherforce0517]

Bay Club 2 bd (Plan B) 11200 points

Operating Fee $1429.78
Taxes and other fees $486.59 (no longer have the breakdown for these)
Total $1916.37

Compared to 2023:
Operating fees $1283.43
Reserve Fee $267.14
Real estate taxes $120.51
Hawaii GE tax $73.06
Total $1744.14

Overall increase of 9.87%

Moderator added: based on Last years pts.

Got a statement with the fee breakdown:
2 bedroom platinum Bay Club
2024 operating fee 1429.78
2024 reserve fee 262.10
2024 real estate taxes 144.77
2024 Hawaii GE tax 79.72

Total 1916.37

 

[stefspets]

We got our MarBrisa statement finally:
2 bedroom plus, platinum (13440 pts)
2024 assessment 1081.04
2024 Reserves 242.88
2024 Property Tax 231.00

Total 1554.92

 

[REDDOG24]

Hilton Grand Vacations Marbrisa
2 Bedroom (2BP) 13,440 points - Platinum season

2024 Operating Fee $1081.04
2024 Reserve Fee $242.88
2024 Real Estate Tax $231.00
Total 2024 MF: $1554.92

Increase of % 4.22 over 2023 MF of $1,491.88


Hilton Grand Vacations Marbrisa
2 Bedroom (2BD) 11,200 points - Platinum season

2024 Operating Fee $1081.04
2024 Reserve Fee $242.88
2024 Real Estate Tax $177.00
Total 2024 MF: $1,500.92

Increase of % 4.38 over 2023 MF of $1,437.88

 

[GT75]

The Crane - Studio Garden View
2024 Operating Fee - $697.82
2024 Reserve Fee - $95.44
2024 Real Estate Tax - $5.17
2024 Total - $798.43
Increase of $2.75, or 0.34% over 2023 ($795.68)

The Crane - 1BR Park
2024 Operating Fee - $1017.78
2024 Reserve Fee - $121.68
2024 Real Estate Tax - $6.59
2024 Total - $1146.05
Increase of $2.92, or 0.26% over 2023 ($1143.13)

The Crane - 1BR Deluxe
2024 Operating Fee - $1434.95
2024 Reserve Fee - $182.13
2024 Real Estate Tax - $9.86
2024 Total - $1626.94
Increase of $4.13, or 0.25% over 2024 ($1622.81)

The Crane - 1BR with Pool/Garden
2024 Operating Fee - $1690.08
2024 Reserve Fee - $210.56
2024 Real Estate Tax - $11.40
2024 Total - $1912.04
Increase of $4.43, or 0.23% over 2023 ($1907.61)

The Crane - 1BR Penthouse with Rooftop Plunge Pool
2024 Operating Fee - $1286.16
2024 Reserve Fee - $201.81
2024 Real Estate Tax - $10.92
2024 Total - $1500.89
Increase of $5.29, or 0.35% over 2023 ($1495.60)

The Crane - 1BR Deluxe Penthouse with Plunge Pool
2024 Operating Fee - $1814.43
2024 Reserve Fee - $295.07
2024 Real Estate Tax - $15.97
2024 Total - $2125.47
Increase of $7.47 or 0.35% over 2023 ($2118.00)

The Crane - 1BR Deluxe with Ocean View
2024 Operating Fee - $1521.25
2024 Reserve Fee - $188.70
2024 Real Estate Tax - $10.21
2024 Total - $1720.16
Increase of $4.13 or 0.24% over 2022 ($1716.03)

The Crane - 1BR Deluxe Ocean View/Pool
2024 Operating Fee - $2016.10
2024 Reserve Fee - $314.28
2024 Real Estate Tax - $17.01
2024 Total - $2350.39
Increase of $7.61, or 0.32% over 2022 ($2342.78)

The Crane - 1BR Deluxe Ocean View/Plunge Pool
2024 Operating Fee - $1896.56
2024 Reserve Fee - $248.67
2024 Real Estate Tax - $13.46
2024 Total - $2158.69
Increase of $5.41, or 0.25% over 2023 ($2153.28)

The Crane - 2BR with Pool & Garden
2024 Operating Fee - $2239.35
2024 Reserve Fee - $283.98
2024 Real Estate Tax - $15.37
2024 Total - $2538.70
Increase of $5.75, or 0.23% over 2023 ($2532.95)

The Crane - 2BR Ocean View & Pool
2024 Operating Fee - $3045.70
2024 Reserve Fee - $447.67
2024 Real Estate Tax - $24.23
2024 Total - $3517.60
Increase of $9.93, or 0.28% over 2023 ($3507.67)

The Crane - 2BR Ocean View Penthouse with Plunge Pool
2024 Operating Fee - $3491.01
2024 Reserve Fee - $527.18
2024 Real Estate Tax - $28.53
2024 Total - $4046.72
Increase of $11.92, or 0.30% over 2023 ($4034.80)

 

[TheWindrider]

I think it varies BUT most are due 1/1 and late by 2/15

I recall seeing posts in the past about owners paying their maintenance dues around Jan 31st even if HGVC states it’s due Jan 1st. Almost every post, I recall, stated they were not flagged as late. Does that mean paying MF on or a few days before Jan 31st okay?

 

[GT75]

It varies by the resort, look at your statement.

 

[letsgobobby]

I recall seeing posts in the past about owners paying their maintenance dues around Jan 31st even if HGVC states it’s due Jan 1st. Almost every post, I recall, stated they were not flagged as late. Does that mean paying MF on or a few days before Jan 31st okay?

usually no late fee at that point. whether you consider that late or not is up to you.

 

[letsgobobby]

MarBrisa 2 BR (EOYO, so double for annual)

2024 Assessments: $540.52
2024 Capital Reserves: $121.44
2024 Property Tax: $124.44

Total: $786.40
(annual: $1572.80)

Increase: 4.175%

2023:

Assessments: $514.78
Capital Reserves: $115.66
Property Tax: $124.44

Total: $754.88
(annual: $1509.76)

 

[hurnik]

HGVC on The Boulevard - 3 Bedroom 7,000 points (old scale) 11,200 points(current scale). I believe Gold week

Operating Fee $920.80
Reserve Fee $365.78
Real Estate Tax $56.68

Total $1345.34

Last year's MF was $1259.81. That's a $85.53 or a 6.8% increase.

 

[hurnik]

Seawatch On the Beach- 2 Bedroom silver (week 37) = 3,400 points (old scale)/5,440 points (new scale)

Operating Fee $952.24
Reserve Fee $237.38
Real Estate Tax $26.92

Total $1236.54

Last year's MF was $1109.22. That's a $127.32 or a 11.5% increase. I'm assuming the large increase was due to the hurricane (resort still closed).

 

[HuskerATL]

Liberty Place

2024 Studio Premier MFs
Operating Fee - $864.52
Reserve Fee - $109.33
Real Estate Taxes - $70.76
Total - $1,044.61

2024 1BR Small MFs
Operating Fee - $1,285.48
Reserve Fee - $170.21
Real Estate Taxes - $110.17
Total - $1,565.86

2024 1BR Large MFs
Operating Fee - $1,700.42
Reserve Fee - $230.24
Real Estate Taxes - $149.02
Total - $2,079.68

2024 2BR MFs
Operating Fee - $2,570.40
Reserve Fee - $356.08
Real Estate Taxes - $230.47
Total - $3,156.95

 

[Trek4Joy]

Craigendarroch Suites - 1BR: (note: fees listed in UK pounds, not USD)

• Studio £828.59 pounds 4.09% increase ($1052.31)
• 1BR £1,067.07 pounds (£727.15 Management Fee, £115.53 Reserves, £168.54 VAT, £55.85 Disbursements = TOTAL £1,067.07 pounds) 7.04% increase ($1.355.16)
• 2BR £1,450.39 pounds 9.19% increase ($1,842)

Moderator added items in red: Exchange rate of 1.27 $/£ used

 

[Phyleather]

• The Quin, a Hilton Club (NYC) Studio STD Platinum 8,400 points
• Operating Fee $1,650.31 (up 4%)
• Reserve Fee $104.29 (up 7%)
• Property Taxes $229.65 (up 5%)
• Developer Subsidy/ Special Assessment (ARDA fee) $7.00 (up 40%)
• TOTAL $1,991.25 (plus $209 club dues)
• Increase/decrease over 2023 MF's TOTAL $1,907.79 (up 4%)

 

[Eric B]

For completeness at The Quin:

Unit size	Total MF	Platinum	Gold	Plt MF/pt	Gold MF/pt
Studio	$ 1,984.25	8,400	6,000	$ 0.2362	$ 0.3307
Studio +	$ 2,191.32	11,520	8,160	$ 0.1902	$ 0.2685
Studio Premier	$ 2,478.02	14,880	10,080	$ 0.1665	$ 0.2458
Studio Premier +	$ 2,669.15	20,160	13,920	$ 0.1324	$ 0.1917
Studio Penthouse	$ 2,345.75	23,040	16,800	$ 0.1018	$ 0.1396
1 BR Premier	$ 4,293.81	20,160	13,920	$ 0.2130	$ 0.3085
1 BR Premier +	$ 4,317.72	26,880	18,560	$ 0.1606	$ 0.2326
1 BR Penthouse	$ 5,748.11	33,600	23,200	$ 0.1711	$ 0.2478

 

[AmexBlack]

The following are the current best 2024 MFs results as of 1/17/24. (you can also download the complete file {Excel format} attached to this post.)
View attachment 87272

Important Note on MFs: In general, HGVC and HC MFs are determined by room size and not by either room class or season. Using Ocean Enclave 1BR as an example below, the MFs are the same for all of these 1BR rooms and seasons. MFs/point ratio will be very good (low) from the 1BR Premier in the Platinum season and very bad (high) for 1BR in the Silver season. I am now reporting all units and season in the report. I have also included an Excel file download with complete information for all reported 2024 MFs
View attachment 81515




Note on Florida MFs: The Real Estate Taxes for HGVC resorts are determined by season.


The MFs file (spreadsheet) now contains 12 years (2013 - 2024) worth of data. Updated 1/17/2024.
Complete 2024 Lowest MF/Pt ratio file (spreadsheet) for all reported units and seasons. Updated 1/17/24
Attachments

Do you think it would be useful to have a previous year ranking on the 2024 HOA Dues spreadsheet? That way we can see if the deed that you own went up or down in comparison to the other deeds?

 

[GT75]

Do you think it would be useful to have a previous year ranking on the 2024 HOA Dues spreadsheet?

http://hgvcmfs.com/ has all of this information for 2013-2024. Plus I also have links to the previous years data ( which includes rankings).

 

[pedro47]

Thanks you GT75 for sharing this information. It is very helpful.

 

[Champagne Toast]

BAYCLUB 1 BEDROOM. 7680 POINTS

Operating fee. $1243.45
Reserve fee. $209.07
RE taxes. $115.48
Hawaii GE tax. $68.44

Total. $1536.44