Moving to Florida? What you need to know about CDD fees

February 19, 2020

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Many people to who move to the Sunshine State are taken aback when they are introduced to CDD (Community Development District) Fees. What are they and how are they different than HOA fees?

 

First, it’s helpful to know why CDDs exist. These fees were created and are used primarily in Florida to shift the burden of planning, building and maintaining roads, utility lines, water/sewer systems, conservation areas, and other conveniences in new communities away from local governments.

 

The many costs of installing infrastructure are financed by the community’s developer through tax-free municipal bonds that are issued when the community is built. These bonds also pay for amenities like clubhouses, swimming pools, tennis courts, golf courses, yoga lawns, dog parks, you name it!

 

Then the cost of the bond is passed onto homeowners who purchase a home in one of these communities. They pay the costs over a span of time—generally 15 to 30 years—through property taxes each year. If you have a mortgage, it’s amortized into your payment.

 

I know what you might be thinking: “But wait, that sounds a little like an HOA!” Believe it or not, there are differences between CDD fees and HOA fees.

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Here is a sneak peek inside SilverLeaf, so far!

February 5, 2020

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There has been much hub-bub about the anticipated SilverLeaf development, but details about the master-planned community remain minimal. Here is what we know so far.

 

Located in northern St. Johns County, Florida, between County Road 210 and State Road 16, SilverLeaf will be built along seven miles of St. Johns Parkway. On its approximately 8,500 acres, SilverLeaf is zoned for 10,700 single- and multi-family homes, 1,770,000 square feet of mixed use and commercial space, and over 3,500 acres of pristine conservation land.

 

This master-planned community maintains the high standards that are a trademark of The Hutson Companies, with no CDD fees.

 

SilverLeaf will consist of several neighborhoods in a wide range of sizes, price points, and styles for individuals and families.  It will be one of the largest community developments in Northeast Florida.

 

NEIGHBORHOODS

 

SilverLeaf is broken into sections, or neighborhoods, including East Village, Southern Pines, Village Walk and River Chase. Within each, numerous communities are planned.

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RV & Boat Owners: New Community Helps You Say Goodbye to Off-site Storage!

January 3, 2020

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If you store your RV or boat in an off-site facility or lot, you know the down sides. The storage costs, the logistical hassles, and the risks of keeping it exposed to weather elements.

 

Now I have your solution! An ultra-exclusive community is now under construction in St. Johns County, which will boast 10 RV garage homes on 83-foot waterfront lots. There are no down sides here!

 

Imagine living in a brand new home on a huge lot overlooking a sparkling lake among Florida’s pristine wilderness… and have your RV or boat right in your garage! Did I mention it is located in St. Johns County, which is ranked as Florida’s #1 school district and healthiest county?

 

The community’s homes are designed and constructed by a top local builder. Floor plans reflect the best in contemporary architecture and quality features, with the option to easily add your RV/boat garage.

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4 local communities to get excited about in 2020

December 26, 2019

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When I speak with customers who are relocating to the Jacksonville area, they are often overwhelmed by the choice of where to buy. That’s not surprising considering Jacksonville is the largest city in the continental U.S. by area.

 

Aside from choosing between the beaches, urban core, suburban communities and rural areas, there are many choices for neighborhoods. I’m always researching the up-and-coming and exciting new neighborhoods that would be great for buyers seeking a safe and high-quality place to live and work.

 

Here are some of our most exciting neighborhoods heading into 2020:

 

Wildlight

 

Location: Take exit 373 off I95 in Nassau County and head east. The Wildlight StoryCenter is located at 123 Tinker Street, Wildlight, FL 32097.

 

Why it’s great: This part of Nassau County is still pristinely untouched and absolutely breathtaking. Nearly half of Wildlight’s 24,000 acres will be reserved for conservation. Wildlight is often compared to Nocatee, a similar master-planned development to the south, however it will be almost twice as big (24,000 homes are planned). A wellness center, recreational amenities, hotel and town center are also planned.

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Think all property managers are the same? Here are 6 ways Davidson is different!

November 13, 2019

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When you rent out your home, it can be easy to fall into the idea that all property management companies are essentially the same. They locate and screen tenants, collect rent and handle issues that arise during the lease.

 

 

However, how well property managers juggle these tasks varies widely! Here are six of the many ways your experience with Davidson Property Management (DPM) will be different:

 

1.) Our rental team: Unlike many companies in which property managers show their own properties, our team consists of staffed rental agents that are designated to show the rental properties. This makes it much more accessible to show the property, which makes your home more marketable and gets you a renter more quickly.

 

2.) Higher rental commission: For DPM managed properties, the rent commission is double what most other companies offer. How does this benefit our homeowners? It motivates agents to find great tenants and rent your property faster!

 

3.) 24/7 access: While some property management companies limit response times based on business hours, our team guarantees a timely response no matter the issue or question, and any time day or night.

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