Omega Villas Fee Escalation Review (2021–2025) — Maintenance Fees + Special Assessments

📊 Five-Year Assessment Summary (2021–2025)

(2-Bedroom/2-Bathroom Rates Used for Consistency)

YearMonthly MaintenanceSpecial AssessmentsTotal Potential Monthly BurdenNotes
2021$266$266Pre-construction; no reserves chosen
2022$285$285Modest increase; still no reserves
2023$414+$237–$261 (Insur. SA)$651–$675Insurance spike statewide
2024$548 (Revised)$548Original 2025 payment was $992; (revised) after insurance discount
2025$625+$295 (Loan SA)$920Includes ~$100 termite surcharge

👉 Net effect:
$266 → $625 base (+135%)
$266 → $920 real cost (+246%)

Assessment increases documented in the 2021–2025 period show a dramatic escalation in overall homeowner cost. Maintenance fees for a standard 2-bedroom unit rose from $266/month in 2021 to $625/month in 2025, driven by insurance market volatility, a $100+ termite surcharge in 2025, and multiple mid-year budget adjustments. When layered with special assessments — including the 2023 insurance spike and the new 2025 construction-loan repayment of $295/month — many owners entered 2025 paying approximately $920/month, nearly 2.5× their 2021 baseline. These figures appear in official Association budgets, disclosures, and special-assessment notices and reflect a clear upward trend that owners have repeatedly raised concerns about in meetings.