What is the St. Joe community enhancement fee?
Community Enhancement Fee is used to fund the Art of Living program. The Art of Living Program is unique to the Southwood Community. It was created to keep a sense of community through a variety of fun and educational activities for all ages throughout the calendar year. The Community Enhancement Fee is a fee incurred for all resale (any transaction that is not through the Builder or Developer) purchases in Southwood. The fee is based on a percent of the gross selling price and the amount decreases every three years as shown below. Currently (2012), for every $100,000 you spend there would be a $300 fee to St. Joe.
January 1, 2011 – December 31, 2013 (1% of selling price X 0.03%)
January 1, 2014 – December 31, 2016 (1% of selling price X 0.02%)
Thereafter: (1% of selling price X 0.01%)
For more information about real estate in SouthWood please feel free to contact me anytime.
Looking for a Realtor that knows SouthWood, to help you find the right home at the right price. I would be honored to work with you. I know of the best purchases in the community. Remember it cost's you nothing to use a Realtor when you're buying real estate, so why not give me a call today so we can discuss your real estate needs.Nathan Cross, Realtor
Foundation Realty
SouthWood Real Estate Specialist
(850) 443-2125
nathan@southwood.me
