What is a CDD Fee?

Should I be scared of them?

The short answer is "no" but you should certainly know about them when deciding where to buy. Very often homebuyer's that are looking at new construction, at some Durbin Crossing CDDpoint, ask me about CDD Fees, if we havn't already touched on the topic. This is especially the case when we head down to North St. Johns County and consider, Durbin Crossing, Aberdeen, or Julington Creek. Its important to note that there are positives and negatives to CDD Fees.  Some positives are that, typically, you are moving into a community with great amenities and usually in a highly desirable area.  A negative might be that you are having to pay fo it :).

“CDD” stands for community development district.  Every single piece of property in a particular community will have its fee attached that lasts the life of the bond.

Basically when the developer finds a piece of land that he wants to build into a neighborhood or community of single family homes, instead of spending millions of dollars putting in the sewer system, hooking up to city water, and puitting in the groundwork for wiring…  they might finance the infrastructure by selling bonds to investorsuse that financing to complete this portion of the project. And that is why you'll receive a monthly payment (fee) for the owner of each parcel.  So when purchasing a home in that community, you are taking over the bond payments from when the community started.  For more information on Florida CDD Bonds click here.

If you have any questions about CDD fees call us: (904) 469-7653 or email us at admin@roundtablerealty.com

http://www.roundtablerealty.com/durbin-crossing-homes-for-sale.php

http://www.roundtablerealty.com/julington-creek-homes-for-sale.php

http://www.roundtablerealty.com/nocatee-florida-homes-for-sale.php

http://www.roundtablerealty.com/idx/search/b6d767d2f8ed5d21a44b0e5886680cb9/

http://www.roundtablerealty.com/world-golf-village-homes-for-sale.php

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374 Properties Found. Page 1 of 32.
Photo of Listing #891375

1581 Scott Rd, Jacksonville

$4,295,000 - 4 Beds, 4 Baths, 4,700 Sf

MLS® # 891375

WATSON REALTY CORP
Photo of Listing #834973

417 Triple Crown Ln, St Johns

$2,880,000 - 6 Beds, 7 Baths, 8,535 Sf

MLS® # 834973

FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Photo of Listing #902582

1595-b Scott Rd, St Johns

$2,799,000 - 5 Beds, 4 Baths, 4,700 Sf

MLS® # 902582

WATSON REALTY CORP
Photo of Listing #841528

3362 State Road 13, St Johns

$2,600,000 - 5 Beds, 6 Baths, 7,162 Sf

MLS® # 841528

WATSON REALTY CORP
Photo of Listing #933109

2910 State Road 13 North, St Johns

$2,190,000 - 6 Beds, 6 Baths, 7,086 Sf

MLS® # 933109

THE LEGENDS OF REAL ESTATE
Photo of Listing #923886

2570 State Road 13, St Johns

$1,863,920 - 6 Beds, 6 Baths, 6,469 Sf

MLS® # 923886

CRYSTAL CLEAR REALTY, LLC
Photo of Listing #929036

3160 State Road 13, North, St Johns

$1,790,000 - 5 Beds, 6 Baths, 6,930 Sf

MLS® # 929036

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Photo of Listing #920906

3060 State Rd 13, St Johns

$1,555,000 - 4 Beds, 4 Baths, 4,430 Sf

MLS® # 920906

WATSON REALTY CORP
Photo of Listing #894671

4445 County Road 210 West, St Johns

$1,499,900 - 3 Beds, 2 Baths, 1,296 Sf

MLS® # 894671

WATSON REALTY CORP
Photo of Listing #904923

3180 State Road 13, St Johns

$1,395,000 - 5 Beds, 4 Baths, 4,546 Sf

MLS® # 904923

WATSON REALTY CORP
Photo of Listing #940447

1912 Grove Bluff Rd, Jacksonville

$1,350,000 - 4 Beds, 3 Baths, 3,266 Sf

MLS® # 940447

FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Photo of Listing #911100

250 Hallowes Cove, St Johns

$1,350,000 - 5 Beds, 5 Baths, 4,488 Sf

MLS® # 911100

EXIT REAL ESTATE GALLERY

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Round Table Realty are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Listing information last updated on June 18th, 2018 at 1:53am EDT.

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