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Old 03-14-2014, 09:54 AM
 
5 posts, read 23,420 times
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Hello,

Am considering purchase in the new Esplanade Golf & Country Club of Naples and would like further information re: Flow Way Community Development District bond debt assessment.

Thanks
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Old 03-14-2014, 02:34 PM
 
Location: Mtns of Waynesville,NC & Nokomis, FL
4,791 posts, read 10,613,723 times
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A cursory search turns up what looks like a prelim on HOA fees/CCD costs:
Esplanade Country Club Home Owners Association Summary and Fee's

Is your question about 'what is a CCD', or what might that fee be?

CCD is a great invention by the FL legislature... Great for developers and the bond holders.

Not saying that living in a community that has a CCD is 'bad' or wrong; it is simply an added cost, that will most likely never go away in our lifetime.

If you are shopping for a house there, the selling agent has to disclose those projected HOA fees and CCD costs to the best of their knowledge.

No opin as to whether that will be a 'good' or fiscally responsible community.
Esplanade Golf and Country Club of Naples Florida

New house prices seem typical of recent Naples new construction in a golf community, which is typically pricey, imo, esp before lot upcharges and the ubiquitous 'upgrades' to base house price.
YMMV..
GL, mD
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Old 03-15-2014, 10:27 AM
 
5 posts, read 23,420 times
Reputation: 11
Thank you for your reply. Yes, if you would please elaborate on what is a CCD?
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Old 03-15-2014, 02:57 PM
 
Location: Mtns of Waynesville,NC & Nokomis, FL
4,791 posts, read 10,613,723 times
Reputation: 6538
^^^

Net is your friend...many sites explaining FAQs on CDD.
A couple good ones, imo:
What is a CDD? Community Development Districts in Naples | Justine Williams, Realtor in Naples Florida

Understanding Florida CDDs - Community Development Districts

And specifically Flow Way, which I believe is the underlying CDD for Esplanade, is #5 on this pdf list, which may not be 100% up to date:
http://www.colliergov.net/Modules/Sh...cumentid=45042
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