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Damara Cohn & Mangrove Realty - Coastal Palm Beach County, Sold with Care

What's the real cost difference between a new condo and an older condo in South Florida? The asking price is only part of the story -- HOA fees, reserves, and upcoming assessments often matter more over time.

What new condos cost you

A higher purchase price, but typically newer systems, current codes, and healthier reserve funding that lowers your risk of a surprise assessment.

What older condos cost you

A lower entry price, but potentially higher ongoing maintenance, older mechanical systems, and a real risk of a large special assessment if the building hasn't kept its reserves funded.

Comparing a specific building's financial health before you buy? Reach out directly and I'll help you dig into it.