Tuesday, February 19, 2019

How Much Are Regal Palms Resort HOA Fees And What Is Included?

WHAT YOU SHOULD KNOW ABOUT REGAL PALMS RESORT & SPA...
  • Until October, 2017 - there was a monthly HOA fee and a separate monthly club fee. In October, 2017 the HOA bought out the Club and all paid to the HOA. This transition has been excellent for the community, owners and buyers. 
  • Depending on where the townhome is located within the community will determine the HOA fee. Most of the units fall under the Regal Palms Owners Association and 2021 HOA fees DROPPED!!! From $561/month to $509/month. This is terrific news for owners.. However, there are 106 homes that are with the Villas at Regal Palms Association (a separate association), which are are in the back section of the resort. The addresses for these with the higher HOA fees are 2806 Calabria to 3846 Calabria and also 10 properties on Bergamo. The Fees for these specific units are $620 for the 3 bedroom and $740 for the 4 bedroom.
  • All owners have to pay their own electric and water. For the Regal Palms Owners Association,  the HOA also pays for is the painting of the outside and roof replacement. The owner is responsible for the interior walls, ceilings, etc. For the Villas at Regal Palms, they are setup as condominiums and include other items. 
  • When selling/purchasing a home, at times there's a one time capital contribution or transfer fee to the buyer. There's no fee to the buyer when purchasing in Regal Palms. The seller is responsible for the required $50 Estoppel fee. 
  • Owners do not have to pay a resort fee. Every rental townhome however needs to check in at the front desk and pay the nightly resort fee of $20/night.
  • The HOA fee in Regal Palms Owners Association includes: Ground maintenance of common grounds and around townhomes, building exterior, roof, exterior pest control, security, trash removal, basic cable, basic phone, internet and phone.  Amenities covered are: community pools, lazy river, slide, sand volleyball court, games room/Banana Jacks, fitness, inside/outside spa's, sauna, steam room, playground.  
  • Owners are RECENTLY able to screen in their patios/lanai. In addition, may extend the lanai or open patio within the guidelines set by the HOA. A survey of the property will be required. The addition cannot be any wider than the width between the pillars of your unit and may not extend farther than 12 feet. 
  • For more information on Regal Palms and other vacation homes in the Disney area, please contact me directly:

Cathy Starkweather
Realtor & Investment Home Specialist
LaRosa Realty, LLC
cathystarkweather@gmail.com/ 01.407.274.8476