Five-year reserve planning My HOA Budget

Gainesville, Florida condo association

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Destiny at UF

Destiny at UF is a condo association in Gainesville, Florida. This profile tracks monthly dues $338/mo, built in 2006, managed by Bosshardt Property Management, reserve study status not yet verified, along with amenit...

condo Public records Reserve health: No study on record Browse Gainesville communities Florida reserve laws

Profile 56% complete — board members can fill in the rest

HOA dues, reserve study, and community facts

Units —
Year built 2006
Monthly dues $338/mo
Reserve health Check my risk
Management Bosshardt Property Management
Active listings 1
Median sale price $199K

Amenities

Gated

Board and management

No board listed — who's managing your dues?

Board member? Claim this page

Reserve study and funding

Destiny at UF has no reserve study on record. Without one, there's no way to know if dues cover what's coming.

Check what's missing

5-year outlook

Will you get hit with a special assessment?

Special assessments can run into thousands per unit when major work outruns reserves. We model that risk for Destiny at UF based on reserve health, building age, and Florida requirements — so you see it coming before the board votes.

Special assessment risk Planned dues increases Reserve shortfall forecast
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Values used: scaled defaults where community data is unknown — unit count (default 100 — unknown for this community); starting reserve (scaled from unit count at $15k/unit); annual opex (scaled from revenue at 84%).

Try it on a typical condo

A mid-size urban condo, five years out

Starting reserve $1.5M · $500K/yr dues revenue · $420K/yr operating expenses · $1.5M of reserve-study capital work over five years. Switch on the levers your board actually controls and watch where the reserve lands.

5-year ending reserve$434KReserves tight — thin margin
$0HEALTHY TARGET · $1.0M202620272028202920302031$434K
Annual dues increase+5% compounding · $406K/yr → $518K/yr by 2031
5%
Operating expense growth+4% YoY · insurance, vendors, utilities · $341K/yr → $415K/yr by 2031
4%
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 Destiny at UF

Destiny at UF is a condo community in Gainesville, Florida, built in 2006. The gated community is located steps from the University of Florida campus, catering to students, faculty, and investors.

What we know

  • Year built: 2006
  • Monthly dues: $338/mo
  • Management: Bosshardt Property Management
  • Amenities: Gated community
  • Active listings: 1 as of April 2026
  • Median sale price: $199K

Reserve health

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

What’s still missing

  • Unit count
  • Board roster
  • Reserve study date and reserve balance
  • Special assessment history
  • Community photos

For board members

If you serve on this board, you can claim this page to add accurate reserve data, board roster, and community photos.

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

Is this your community?

Board members and property managers can claim this page to add photos, amenities, board roster, and reserve details. Make Destiny at UF look as good online as it does in person.

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Next step

Need documents from Destiny at UF?

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