Can I Pay Off the CDD?

Real Estate Agent with Coldwell Banker Vanguard Realty - 904-673-2308

Can I Pay Off the CDD?
Yes you can pay off the CDD. Buyers want to lower their monthly payment bottom line, so for some Buyers paying off the CDD makes sense.

We were asked this a couple of days ago when a cash Buyer was considering a purchase in a Community Development District.

CDD fees are comprised of two parts - one part Bond, which is paid off in a certain time period and one part Operations & Management, which remains after the CDD is paid.

When a Buyer has cash and wants to lower their monthly cash flow, it may make sense to pay off the CDD fee.

However, some people would argue that unless you are planning to stay in the house the entire 10-30 years, why pay something in advance when you can use that cash for other investments?

Some people just want the peace of mind knowing their annual fees are lower. Consider CDD and O&M fees of $1950. CDD fee is $1100 and O&M is $850. That is $162.50 a month versus $70.83 a month if the CDD fee is paid off.

This is a personal decision, so consulting your financial planner or CPA is advised.

Posted by



About the Author: Sharon Alters works with her husband, Frank. They are in the top 5% real estate agents for production in the Jacksonville Florida area, specializing in Military and Corporate Relocation in the Fleming Island, Orange Park, St. Johns, St. Augustine and Beaches areas. Their local knowledge can help Relocating Buyers find the perfect lifestyle, whether it is a Castle on the Ocean, or a Cottage in the Country. 

Call/text 904-673-2308 or

More information about houses for sale and area news/events


           Jacksonville * Fleming Island * Orange Park * St. Johns * St. Augustine * Ponte Vedra

If Original Photography, All Rights Reserved. 

Subscribe to my blog - Orange Park Realtor, Fleming Island   Realtor

Connect with us on FacebookFollow us on TwitterVisit Our Profile On ActiveRainLinkedInYou Tube

Google + Fleming Island FL Real EstatePinterest



This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate General Information
All Things Florida
Jacksonville, Florida Real Estate
Advice for Buyers
cdd fees
should i pay off my cdd

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Sharon Alters

Realtor - Homes for Sale Fleming Island FL
Want to put our experience to work for you?
Spam prevention

Additional Information