Five-year reserve planning My HOA Budget

Miami Beach, Florida condo association

Claim this page

Seaside Towers HOA

Seaside Towers HOA is a condo association in Miami Beach, Florida. This profile tracks monthly dues $650–$910/mo, 120 units, built in 1975, reserve study status not yet verified, along with amenities, reserve question...

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

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

HOA dues, reserve study, and community facts

Units 120
Year built 1975
Monthly dues $650–$910/mo
Reserve health Check my risk

Amenities

PoolElevatorParking garage

Board and management

No board listed — who's managing your dues?

Board member? Claim this page

Reserve study and funding

Seaside Towers HOA 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 Seaside Towers HOA 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
I am a...

Values used: scaled defaults where community data is unknown — 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$1.30MPlan is healthy
$0HEALTHY TARGET · $1.0M202620272028202920302031$1.3M
Annual dues increase+5% compounding · $936K/yr → $1.19M/yr by 2031
5%
Operating expense growth+4% YoY · insurance, vendors, utilities · $786K/yr → $957K/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

What we know right now

  • Seaside Towers is a Miami Beach condo association with monthly dues in the $650–$910 range.
  • We have not yet verified its reserve balance, reserve study, or special-assessment history.
  • Reserve health has not been assessed here yet. The reserve picture is still undocumented.

What’s still missing

To say anything concrete about whether this HOA is on solid footing, we’d need:

  • The most recent reserve study
  • The current reserve balance and the latest year-end financials
  • Any special-assessment history in the last five years
  • The current operating budget

Why “unknown” is still useful

A snapshot that admits what it doesn’t know is still useful: it gives an owner or a prospective buyer a precise document checklist and a reason to keep asking. If the board or seller can’t produce these documents promptly, that itself is a warning sign worth noting.

What to do next

  • If you own here: request the documents above from your board or property manager. We can stage that request on your behalf.
  • If you’re thinking about buying: ask the seller’s agent for the same packet before going under contract. Florida has specific disclosure rules — see the Florida condo reserve funding rules explainer.

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 Seaside Towers HOA look as good online as it does in person.

Claim this page

Next step

Need documents from Seaside Towers HOA?

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