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Panama City Beach special assessment

M

Mhranka

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Floridaman76 said:
Who knows, but I can tell you that owning a timeshare in Florida is a bad idea right now because insurance is skyrocketing, property tax is high, and the legislature mandated inspections and reserves that make long term ownership in Florida a very sketchy proposition.
Click to expand...

Valid points, thanks for the response.

I also own Sea Gardens and have a home in Florida, so although the costs did indeed jump up this year (and last yr), I would think the new additions have already been incorporated into the 2025 Maintenance Fees. When looking at the maintenance fees (Tug spreadsheet) throughout the system it appears that on a percentage basis, the MF's in Florida have gone up quite a bit more than many others since 2023 so I expect that the points you mentioned have been the primary reason for this.

Thoughts?
 
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