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To: gcparent

Yes, but were the condos you were in seaside towers? I’m familiar with this market and you can expect to get hit hard when it’s time to bring the building back up to snuff.


9 posted on 06/29/2021 3:30:16 AM PDT by dinodino ( )
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To: dinodino

I am in an oceanfront condo in SC and the association performs coating and waterproofing on the exterior, rooftop and balconies every 7-10 years. Inspects every 2 or 3 years and spot repairs if necessary. The building is 21 years old and is 18 floors. We had one special assessment ($5000 over a year, extra $420/mo) to cover crazy insurance hikes after Katrina, I believe. Otherwise, the condo fee is about $940/mo for a 4 bedroom. The association has been very good about maintaining roof, waterproofing, pool repair and elevator reserves. I see this Florida thing like an airplane crash. There will be more awareness toward building maintenance and will hopefully prevent other disasters like this.


17 posted on 06/29/2021 4:46:07 AM PDT by mikey_hates_everything
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