If you’re buying a home in Florida, chances are high you’ll encounter a property governed by a homeowners association (HOA). Florida ranks second in the nation for homes under HOAs, with 3.9 million properties—or 45% of the state’s housing stock—falling under HOA governance. These communities, known for their amenities, rules, and shared responsibilities, are becoming increasingly common in the state’s housing market.
Understanding the ins and outs of HOAs is crucial for buyers looking to make informed decisions about their next home.
3 states with the most homes under HOAs:
California: 4.9 million (37% of all homes in the state)
Florida: 3.9 million (45%)
Texas: 2.1 million (20%)
✔Census Bureau data
Why Are HOAs So Common in Florida?
The rise of HOAs reflects the growing demand for well-maintained neighborhoods with shared amenities. Nationwide, 84% of newly built single-family homes in 2022 were part of an HOA, a trend that’s especially pronounced in Florida’s planned communities.
Living in an HOA often means access to enhanced amenities, such as pools, playgrounds, and fitness centers, as well as services like security and landscaping. These benefits contribute to higher property values—data from the Cato Institute shows that homes in HOA communities sell for 5% to 6% more than comparable properties in non-HOA areas.
What You’re Paying For
If you choose a home in an HOA community, you’ll be required to pay fees, which average $291 per month or about $3,500 annually. These fees cover services that may include:
Landscaping: Maintenance of both neighborhood and personal yards.
Security: Gated entrances, patrols, or security cameras.
Sports and leisure amenities: Pools, fitness centers, tennis courts, or playgrounds.
Trash removal: Regular garbage collection and recycling.
In addition to these recurring fees, HOAs may occasionally impose special assessments for unexpected costs, such as major repairs or upgrades to shared facilities. It’s important to ask about past assessments and the HOA’s financial health to avoid surprises.
Rules You’ll Need to Follow
Living in an HOA means agreeing to its rules, which are designed to maintain property values and community standards. These rules, outlined in documents like Covenants, Conditions, and Restrictions (CC&Rs), may regulate:
Landscaping: Requirements for mowing, planting, and weed control.
Home exteriors: Restrictions on paint colors, fencing, and additions like decks or sheds.
Parking: Rules about street parking, RVs, and guest spaces.
Pets: Limits on the size, breed, or number of pets.
Rentals: Restrictions on short-term or long-term rentals, which are common in Florida.
While these rules can promote a cohesive community, they can also feel restrictive. For instance, you might not be able to paint your front door your favorite color or park a boat in your driveway. Make sure the HOA’s regulations align with your lifestyle and plans for the property.
Florida’s Unique HOA Landscape
Florida has specific laws that can affect how HOAs operate. These include:
Solar access laws: Protecting homeowners’ rights to install solar panels despite HOA restrictions.
“Right to dry” laws: Ensuring homeowners can use outdoor clotheslines for laundry.
Age restrictions: Some HOAs cater to 55+ communities, limiting who can live in the neighborhood.
If you’re considering a property governed by an HOA, it’s wise to review these laws and understand your rights.
Questions to Ask Before Buying in an HOA
To ensure you’re fully informed, ask these key questions about the HOA before purchasing:
How much are the fees, and what do they cover?
Are there any upcoming special assessments?
What are the rules on rentals, pets, and parking?
What’s the HOA’s financial health? Are there sufficient reserves for future repairs?
Are there any recent or ongoing legal disputes involving the HOA?
What’s the process for resolving disputes with the HOA?
Weighing the Pros and Cons
Living in an HOA community has its advantages and challenges. On the positive side, HOAs provide amenities, maintain neighborhood aesthetics, and often foster a sense of community through events and gatherings. However, some buyers find the rules restrictive or feel that fees and assessments add to the cost of homeownership.
A 2024 survey by Rocket Mortgage revealed that 30% of homeowners nationwide feel their HOA has too much power, and 10% have considered selling their home because of HOA conflicts. By thoroughly reviewing the HOA’s documents and understanding its policies, you can avoid unpleasant surprises and make a more informed decision.
Final Thoughts
HOAs are a defining feature of Florida’s housing market, offering benefits like enhanced property values, neighborhood upkeep, and access to desirable amenities. However, they also come with financial and regulatory responsibilities that buyers must consider.
As a buyer, take the time to review HOA documents, ask the right questions, and ensure the community’s rules and fees align with your lifestyle. By doing so, you’ll be better equipped to find a home that suits your needs and enjoy the benefits of living in a well-managed community.
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