This is the second post in a 6 part series to help those that have ever wanted to own a condo but didn't know where to begin, understand what it means to own a condo.

This post will address the questions about association dues and what all they include.

Now that we know what you own, you know what you would be purchasing when considering condo ownership. This lays the foundation for understanding that not owning the building or the land means that condo ownership comes with the responsibility of paying monthly association dues. These monthly dues go to cover the cost of owning, insuring and maintaining all of the common elements. The common elements like the building(s), may the land and any amenities that the development has for the owners and their guests to use; think a pool or a hot tub. The association dues also typically include many of the utilities. It is not uncommon for the dues to cover water, sewer, trash pick-up service, cable television, and high-speed cable internet as well for each condo owner in addition to everything required to manage, maintain and insure the common elements.

Another good question to ask here is; are the association dues going up, going down or remaining the same throughout the years?

In order to understand and be willing to accept the answer to this questions as OK you'll need to think about your own home... when is the last time that the water company told you that they were going to charge less per gallon you consume? Or, when was the last time that the gas company said that they would charge less? The electric company charging less per KWH? And better yet, when was the last time that your home insurance company said that your annual insurance premiums over the last 5 years have overall decreased? The answer to any of these is likely that your costs don't typically go down and instead, there is a nominal increase annually. It's the same when you own a condo. The dues include each of these types of expenses and typically they don't go down unless there is some major change to the common elements such as changes pool or hot tub heaters from electric to gas, the sale of some unused land the association owns, find a major leak and having it repaired, etc. So, while the association dues do not typically decrease, it's easy to understand why. 

There are ways to cover the cost of association dues and this will be discussed in post 4.

JD Hallam

Broker/Owner Perdido Key Resort Realty

GM Perdido Key Resort Management

Email JD

This is the first post in a 6 part series to help those that have ever wanted to own a condo but didn't know where to begin, understand what it means to own a condo.

This post will answer the most basic question of what is "the" condo. What do I own when I buy one?

Have you ever been wanted to own a vacation home in Florida? Live by the beach? Be able to have your friends and family together at your Beachhouse or simply enjoy your holidays at your own condo during your vacation times?

You can do this but first, you have to know how condo ownership works so that way you can plan accordingly.

Condo ownership is different and owning other types of real estate. For instance, if you own a house you own the building and the land that it sits on. If you own a townhome then you own the building, but likely not the land that it sits on. When you own a condo you don't own the building or the land that it sits on, instead you on the interior of the building. A good rule of thumb when it comes to condo ownership is that when you're inside whatever you can see and touch belongs to you. For instance, you can see and touch the paint and the texture on the walls, the tile floor, the cabinets, countertops, the light fixtures, all your furniture... All of this belongs to you. What you cannot see in touch is the sheetrock, the studs, the exterior, the subfloor, the plumbing in the walls or the roof; those things do not belong to you. There are grey areas and an exception to the rule of thumb. The grey area is that in some condo complexes you on the doors and the windows too. The exception to the rule of thumb is that you own all the electrical up to the meter and all the HVAC both inside and out. Collectively all of these things make up the "condo" and define what you own. 

JD Hallam

Broker/Owner Perdido Key Resort Realty

GM Perdido Key Resort Management

Email JD

The sky's the limit near Perdido Key property at the National Naval Aviation Museum. The largest museum of its kind in the state and beyond, this facility showcases the history and appeal of naval flight travel. Dedicated to “Preserving the history and heritage of naval aviation” key exhibits intermix with special events highlighting the United States Navy, Marines, and Coast Guard as well as other pertinent contributors to the world of flight.

Known as the Quarterdeck, the reception area greets guests. The visuals in this opening to the museum are stunning. Various aircraft suspend down from the ceiling and represent American forces in World War II, and the Korean and Vietnam Wars. Walk through the halls and get up close and personal to inspect other classic aircraft. Browse a variety of onsite aircraft here. In Hangar Bay One tribute is paid to brave men trapped behind enemy lines. The Prisoners of War Exhibit recreates a squalid scene of Vietnam's Hoa Lo Prison. Around the way a bit in the South Wing patrons view Patches and Flight Gear as well as  NC-4 Memorabilia.

See the Blue Angels Soar Over Perdido Key Homes

Simulators put visitors from Perdido Key homes right into the action. Get the feel of piloting high-speed aircraft as you maneuver in the air to air combat scenarios. Motion-based simulators provide stunning visual experiences as folks take the passenger seat and fly with the Blue Angels during this high definition theatrical adventure.

Watch the Blue Angels soar through the skies above Perdido Key property in reality as they get their air time in. View their practice schedule online and don’t miss an opportunity to see these amazing pilots strut their stuff. Practices last about an hour are open to the public free of charge. The doors to the National Naval Aviation Museum are open daily from 9 a.m. to 5 p.m. making virtually anytime a great time to visit. Explore the world of flight today.

JD Hallam

Broker/Owner Perdido Key Resort Realty

GM Perdido Key Resort Management

Email JD

Step onto the sand and experience the legendary Flora Bama Lounge. Since opening in 1964 this iconic bar by Perdido Key homes has earned the title of both the “last great roadhouse” and the “best bar in the country”. With live music setting the scene every single night a lively vibe greets newcomers to the Perdido Key real estate area and longtimers alike. Another claim to fame owned by the Flora Bama Lounge is “home of the Bushwacker.” This devilish drink is a regional staple and a beverage that goes down smooth and steady.

Reputations are Lived Up to on Perdido Key Real Estate

A waterfront joint, folks frequenting here are flip-flop and bathing suit people. A laid back and friendly camaraderie fill the venue allowing for new friendships to form and established relationships to flourish. Sidle on up to the Oyster Bar and taste the freshness of the sea. Cravings are cured by Cajun Oysters, Oysters McClellan, fresh grouper or firecracker shrimp tacos and jumbo pieces of Royal Reds. Burgers, wraps, salads, and more cater to all appetites. Even the little ones from Perdido Key homes enjoy their very own kid's menu. Fancier folk don’t have to go far for a more sophisticated or romantic dining experience with the Flora Bama Yacht Club right across the street. Brilliant views of the water’s edge prove for inspiring moments and delicious dining.

The reputation of the Flora Bama stretches far and wide. And as would be expected by such a well-known establishment, there’s always some type of entertainment in the works. In addition to live music always on scene special events frequently mark the calendar. Fun is the name of the game and the games played here are kicked up a notch or two! World Famous Events include the infamous Mullet Toss, Bulls on the Beach, and the Polar Bear Swim. For more information on what’s going down call 850.492.0611 before heading on down.

JD Hallam

Broker/Owner Perdido Key Resort Realty

GM Perdido Key Resort Management

Email JD

There’s plenty of fish in the sea and especially under the waves off of Perdido Key property. Captain James knows where to find them, and the fish can’t hide from determined anglers on a Can’t Quit Fishin charter service trip. From the right location to the right bait and equipment, when lines hit the water good times are bound to happen.

Captain James has been passionate about fishing for over three decades. A longtime resident of the Perdido Key real estate region he has obtained a vast knowledge of the Pensacola landscape and its vast history. A witty guide, both locals and visitors alike will come away with added insight into the sport of fishing and Florida’s story. All levels of outdoor enthusiasts are welcome aboard from folks just learning to get their lines wet to anglers ready to share their own insight about catching that elusive "big one". Great for groups of friends or families, trips make for life lasting, precious memories. Safety is top priority with high Coast Guard safety standards all in order with the boat maintained in tip top shape. Just bring yourselves as all tours include license, bait, tackle, and fish cleaning services. Perdido Key property owners need only to cast out and reel on in. Get a glimpse of the gallery here, and see what thrills await!

Fish Are Always Biting Near Perdido Key Real Estate

Comfort goes hand in hand with seaside fun. There’s plenty of shade to keep cool on the 24-foot Blazerbay vessel and those seeking the heat can bask in the sun to their heart’s content. Both inshore and offshore trips are available. Charters are private providing for more close-knit moments between group members.

When the lure of the ocean and the bounty within the water calls out, book a fishing venture with Can’t Quit Fishin. Secure a date online or call 850.380.9600 to find out more information.

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JD Hallam

Broker/Owner Perdido Key Resort Realty

GM Perdido Key Resort Management

Email JD