Panama City Beach special assessment

[Mhranka]

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.

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?

 

[CO skier]

I did math on the full year with small units with full points, mainly legacy resorts, and it came to 3.37 million points. Obviously no upgrades and some weeks were in studios (not fun for an extended stay). A million points gets me from week 1 to week 20 (Ocean Boulevard, Sapphire, New Bern and/or Lake Lure - no studios, but some 1BR suites). Just under 2 million points total and I make it to week 34 (adding Bentley Brook, which is a studio, and Patriot's Place). If I made Bentley Brook a 1BR I'd still probably make it to week 32 or so on 2M points. It's much cheaper to cover the first half of the year than the second.

A critical point in this comparison is that these resale reservations could be booked using full points at 10 months when there is lots of availability to book consecutive weeks at a multitude of resorts versus whatever is "broken leftovers" at 60 days using VIP discounts (rare to find full weeks or consecutive full weeks).