Five-year reserve planning My HOA Budget

Clearwater, Florida mixed HOA

Unclaimed profile

Island Estates

Island Estates is a mixed HOA in Clearwater, Florida. This profile tracks monthly dues $400–$600/mo, 2000 units, reserve study status not yet verified, along with amenities, reserve questions, and document-request ste...

mixed Public records Reserve health: Unknown Browse Clearwater communities Florida reserve laws

Profile 44% complete — source gaps remain

HOA dues, reserve study, and community facts

Units 2000
Year built —
Monthly dues $400–$600/mo
Reserve health Unknown
Active listings 75
Median sale price $532K

Amenities

PoolTennisBoat dockBeach accessGym

Board and management

No board roster is listed in the cited sources.

Reserve study and funding

We do not have reserve study details on record for Island Estates. Review the editable example below before treating any forecast as community-specific.

Review editable example

5-year outlook

What changes this five-year example?

Special assessments can run into thousands per unit when major work outruns reserves. This starts with the known numeric values listed below, then lets you change every example before relying on the result for Island Estates.

Reserve-health labels, year built, and Florida law summaries are not used to change the solver numbers.

Editable assessment example Adjustable dues increases Five-year reserve projection
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Known values applied: unitCount -> unit count; duesRange lower bound -> annual dues revenue.

Editable examples, not community facts: starting reserve: editable example scaled from unit count at $15k/unit; annual operating expense: editable example scaled from annual revenue at 84%.

Local calculator

Five-year reserve projection from reviewed numbers

Start with the example, enter figures by hand, or review local files before applying values. Nothing here is uploaded or saved by MHB. This example is not a reserve study, a funding-sufficiency conclusion, or an assessment prediction.

5-year ending reserve$38.77MAbove example target

Use your figures

Review documents or enter the same values by hand.

Files are read only in this browser, are not uploaded, and are not stored by MHB.

Scenario figures can be entered manually or read from local files.

Budget

Dues revenue, operating expense, and unit count.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Reserve study

Starting reserve balance and scheduled capital work.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Assessment history

Assessment amount and projected year.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Enter figures manually

These whole-number fields match the document review fields. Changing them recomputes the projection immediately.

$0EXAMPLE TARGET - $1.0M202620272028202920302031$38.8M
Projection text equivalent
YearReserve balance
2026$30.00M
2027$31.54M
2028$33.11M
2029$34.55M
2030$36.48M
2031$38.77M
5%
4%

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Copy and CSV exports use reviewed numbers and caveats. The share link keeps only numeric controls.

Current ending balance$38.77M
Current lowest balance$31.54M2027
Ending deltaSave baseline

Save the current case before changing controls to compare ending balance, lowest balance, and yearly deltas.

Fields: manual entry fields; ending delta: 0; lowest delta: 0

Save a baseline before exact totals can be included. Until then, the handoff contains only field names and zero comparison bands for the current scenario.

Board member next stepTurn this scenario into a board-ready next step.

Send the reserve-planning context and keep the follow-up focused on board decisions.

Plan our next five years

About Island Estates

Island Estates is a waterfront neighborhood spanning two man-made islands (Diamond Isle and Pasadees Key) between Clearwater Beach and mainland Clearwater. The area contains 2,000+ homes — dozens of individual condo buildings and single-family houses — with a population of about 2,500. Buildings range from 6-story mid-rises to 15-story towers, built from the 1960s through 2007.

What we know

  • Homes: 2,000+ across many individual buildings and single-family lots
  • Decades built: 1960s–2007
  • Monthly dues: $400–$600/mo (varies by building)
  • Amenities: Vary by building — heated pools, fishing piers, boat docks, tiki huts, shuffleboard, BBQ areas, tennis. Water access throughout
  • Active listings: ~75 units for sale
  • Median sale price: ~$532K (condos), ~$572K (all homes)

Each building operates as its own condo association — there is no single master HOA for the island.

Reserve health

Reserve health hasn’t been verified for Island Estates yet. Before you approve a budget, pay a special assessment, or close on a unit here, Florida law defines exactly what reserve records a mixed-use community must keep and what owners can request — see Florida condo reserve funding rules.

With dozens of separate associations across buildings spanning six decades, reserve adequacy varies widely. None have been verified.

What’s still missing

  • Board rosters for individual building associations
  • Reserve study dates and balances per building
  • Management companies per building
  • Community photos

Verification note

This profile is based on the sources named in its profile footer. It has not been board-verified; confirm material facts directly with the association.

More Clearwater communities

View Clearwater directory
Public records Clearwater Point
400 units $650–$1,200/mo condo

Florida laws that apply here

Condo reserve funding

Florida condominium reserve funding rules, in plain language

How Florida's Chapter 718 condominium statute actually handles reserves — through a default budget framework, a member-vote waiver mechanism for some reserves, and the post-Surfside Structural Integrity Reserve Study regime that makes certain reserves non-waivable — and what all of that means for a board, owner, or buyer.

Fla. Stat. § 718.112(2)(f) and (g) — condominium annual budgets, reserve accounts, waiver limits, and Structural Integrity Reserve Study requirements, with milestone-inspection cross-reference to Fla. Stat. § 553.899 Reserve funding

Florida HOA reserve funding rules, in plain language

How Florida Statutes Chapter 720 actually handles HOA reserves, why they are elective rather than mandatory, and what that means for a board, owner, or buyer making a real decision.

Florida Statutes § 720.303(6) — Budgets; reserves

Profile verification status

This profile has not been claimed or verified by the board or property manager. Treat missing details as unknown, and confirm important facts directly with the association before relying on them.

Next step

Need documents from Island Estates?

We can help you request reserve studies, budgets, and meeting minutes. Pick the option that fits.

I own here — request documents I'm buying — request documents