What are CDD fees in Florida?
CDD stands for Community Development District. CDD fees are annual property assessments used to pay for infrastructure and amenities in master-planned/gated communities, the prevailing lifestyle in south Florida.
Do CDD fees affect Florida homebuyers?
Yes. CDDs are legally required under Florida Statute 190. Penalties can lead to a lien for nonpayment. The sale of real estate within a district requires disclosure to purchasers.
Your Lang Realty agent will explain if and how a CDD will affect your purchase.
Here’s a link to the law:
How do CDD fees work in Florida?
A CDD is often escrowed in a monthly mortgage payment.
It can cover infrastructure like:
- streetlights
- maintenance and upgrades in shared amenities in master-planned communities like the clubhouse, pools and fitness center
What should homebuyers know about CDD fees in south Florida?
Because Lang Realty represents buyers and lists properties across South Florida – including rapidly growing master-planned regions like the western suburbs of Delray Beach, Boynton Beach and in Port St. Lucie—their property listings explicitly disclose whether a home has CDD fees or not.
Frequently Asked Questions
How much is a typical CDD payment?
It ranges from $500 to over $3,000+ per year, depending on the community’s size, lot size, debt allocation and if communities have high-end amenities.
Where can I find the required disclosure to a purchaser?
Here’s a link to the required disclosure to a purchaser:
Do you have to find your own lender?
You don’t have to find your own lender.
Lang Realty works with Supreme Lending Southeast to provide a wide range of products and expertise to South Florida homebuyers.
With at 98% satisfaction rating, their experienced loan officers and in-house operations team are here to serve you during your home financing journey.
