The popularity and security of living in a gated community is more prevalent than ever in Florida. While in the past, gated communities were thought of as being only for the wealthy, that is no longer true. In the last 10 years, this style of living is becoming more and more popular with middle and upper middle class families for the added security, lifestyle, amenities and stable property values. Many buyers are seeking this dynamic lifestyle and security more than ever.
Gated Communities Provide:
Amenities - Lifestyle Choices - Property Value - Security
Most gated community developments are designed with various amenities built around a particular lifestyle, such as championship golf courses, tennis centers, swimming pools, or equestrian facilities. And, frequently gated communities are located on some of the "most desirable" land in Florida. Prime land, combined with careful planning and HOA rules create an environment where home values stay steady, or rise, extremely well.
Aside from the gates, the second most defining characteristic of gated or private communities is the Homeowner's Association (HOA). Typically, there are "fees" paid on an annual basis to the HOA. These fees can range from as little as $100 per year for flowers around the subdivision monument and gate to thousands for private membership in a country club or marina. Usually professionally managed, the HOA is responsible for collection of the association fees and making and enforcing the "rules" of the community, including the architectural design of homes. Often it may responsible for maintaining the public aspects of the community, such as streets, security, parks, community buildings, etc.
The Homeowner's Association's rules and regulations can vary a great deal, depending on the individual development. Typically, there are rules pertaining to upkeep and appearance of the homes within the development, specifying the colors of paint on outside walls, types of fencing, size and types of pets, rental restrictions, guidelines for landscaping, and storage of boats or recreational vehicles. Thus, it's very "important" to find out what the requirements are before you purchase a home or condo in these types of communities. For more information on these types of considerations, please visit our Condominium and HOA Documents page.
Although gated communities aren't for everyone, they are hard to avoid in Southwest Florida. The strong protection of property values, increased security, and desired amenities appeal to the public more each year. With this type of demand, almost all new development in Southwest Florida is in someway or another a gated or deed restricted community.
For more information on this real estate topic, please feel free to contact us directly. Our associates will be more than happy to assist you in answering any and all questions you may have.
Florida Home Buyers Library
Real Estate Terms Glossary Index
Questions About Living in a Gated Community?