Five-year reserve planning My HOA Budget

Jacksonville, Florida condo association

Unclaimed profile

Berkman Plaza

Berkman Plaza is a condo association in Jacksonville, Florida. This profile tracks monthly dues $241–$1,073/mo, 206 units, built in 2003, managed by Plaza Condominium Association at Berkman Plaza, reserve study status...

condo Public records Reserve health: Unknown Browse Jacksonville communities Florida reserve laws

Profile 67% complete — source gaps remain

HOA dues, reserve study, and community facts

Units 206
Year built 2003
Monthly dues $241–$1,073/mo
Reserve health Unknown
Management Plaza Condominium Association at Berkman Plaza
Active listings 14
Median sale price $254K

Amenities

PoolGymTennisPickleballSpaSaunaConciergeParking garageBoat dockDog parkBusiness centerClubhouseElevatorStorage

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 Berkman Plaza. 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 Berkman Plaza.

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$2.23MAbove 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$2.2M
Projection text equivalent
YearReserve balance
2026$3.09M
2027$3.05M
2028$2.86M
2029$2.39M
2030$2.23M
2031$2.23M
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$2.23M
Current lowest balance$2.23M2030
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 Berkman Plaza

Berkman Plaza (officially “The Plaza Condominiums at Berkman”) is a 206-unit, 22-story high-rise on the St. Johns River in downtown Jacksonville, completed in 2003. The building offers direct riverfront living with an adjacent marina and full-service concierge. Units range from 770 sq ft (one-bedroom) to 3,273 sq ft (penthouse).

What we know

  • Units: 206
  • Year built: 2003
  • Monthly dues: $241–$1,073/mo (covers high-speed internet, satellite TV, water/sewer/trash, intrusion alarms, concierge services)
  • Management: Plaza Condominium Association at Berkman Plaza (self-managed HOA)
  • Amenities: Pool, fitness center, tennis and pickleball courts, spa, sauna, 21st-floor concierge lounge, wine cellar with private lockers, indoor squash court, guest suite, marina with boat slips, dog park, business center
  • Active listings: ~14 units for sale ($225K–$995K)
  • Median sale price: ~$254K

Concierge services include dry cleaning, grocery service, car detailing, and package handling.

Reserve health

Reserve health hasn’t been verified for Berkman Plaza 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.

Note: Berkman Plaza II (an adjacent tower) was planned but never completed.

What’s still missing

  • Board roster
  • Reserve study date and reserve balance
  • Special assessment history
  • 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.

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

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