Florida Cities Lead Nation in Active HOA Communities

Did you know Florida dominates when it comes to high HOA fees? Seven out of the top ten U.S. metro areas with the largest share of HOA fees compared to mortgage payments are right here in our state. Miami takes the lead, with a median HOA fee of $617 per month—representing 26.9% of the typical mortgage payment. Factors like thriving condo markets, ongoing new developments, and rising insurance and inspection costs all play a part. Having navigated countless transactions across residential and commercial properties, I’ve seen firsthand how these numbers impact both buyers and investors. Understanding the true cost of homeownership, beyond just the list price, is essential—especially in Florida’s dynamic market.