2014 HOA FEES IN BONITA BAY CLUB, A TOP RATED GATED COMMUNITY

2014 ESTIMATED HOMEOWNER ASSOCIATION FEES FOR BONITA BAY, BONITA SPRINGS, FL 34134

Bonita Bay Club has been a staple in the gated community scene of Southwest Florida since the 1980s. With over 60 individual subdivisions, there truly is a home for everyone in Bonita Bay. The cost to live in this Top Rated Gated Community in Southwest Florida differs depending on home style and sub-community. Below is the description of the 2014 HOA fees in Bonita Bay and the various membership options.

The 2014 HOA fees in Bonita Bay include a master HOA and community HOAs. The Master HOA is $2,133 per year for multi-family homes (condos, townhomes, etc), and $2,563 per year for single family homes.

What does the Master HOA include?

The fee of $2,133 or $2,563 (depending on home type) per year covers all common area maintenance of streets, land, parks, and beach park. It also covers the cost to run the very active activities department and to provide guard gate and patrol services. All new home purchases are also responsible for a $1500 reserve assessment paid at closing.

Sub-Community HOAs

With so many sub-communities and various home price points, the HOA fees vary substantially depending on your home.

Bonita Bay has condos available from $160,000 to $2.5 million. The HOA fees for these condos vary from $1,244 to $4,317 per quarter. Services typically include, cable, water, exterior pest control, insurance, and maintenance of subdivision pool, clubhouse, and other amenities.

The single family homes range in price from the mid $300s to several million. The HOA fees are typically around $1000 per quarter for the single family homes; however, some of the more expensive estate subdivisions do not apply a community HOA; homeowners are only responsible for the master association.

Amenities

Bonita Bay offers an extensive amenity collection to its residents that include 5 golf courses, 18 Har-Tru tennis courts, fitness center, swimming pool, spa, social and dining facilities, and two clubhouses. The HOA fees do not cover access to the amenities. Membership options include:

Golf Membership: $50,000 initiation fee; $12,120 annual fees and dues

Associate Golf Membership (available to new members between the ages of 25 and 50): $50,000 initation fee (25% upon acceptance; 25% due at age 40; 25% due at age 45; 25% due at age 50); $6,060 annual fees and dues

Tennis Membership: $25,000 initiation fee; $3,860 annual fees and dues

*Access to all amenities except the golf facilities.

House Membership: $15,000 initiation fee; $2,460 annual fees and dues

*Access to all amenities except the golf and tennis facilities.

To learn more about this top rated gated community and the amenities Bonita Bay offers, click here.

The information contained in this article has been supplied in part by third parties; therefore it is believed to be accurate by not guaranteed.