Five-year reserve planning My HOA Budget

Naples, Florida mixed HOA

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Pelican Bay

Pelican Bay is a mixed HOA in Naples, Florida. This profile tracks monthly dues $111–$590/mo, 6800 units, built in 1977, managed by Pelican Bay Foundation, reserve study status not yet verified, along with amenities,...

mixed Public records Reserve health: No study on record Browse Naples communities Florida reserve laws

Profile 67% complete — board members can fill in the rest

HOA dues, reserve study, and community facts

Units 6800
Year built 1977
Monthly dues $111–$590/mo
Reserve health Check my risk
Management Pelican Bay Foundation
Active listings 220
Median sale price $1.5M

Amenities

PoolGymTennisBeach accessClubhouseGolfSpaElevator

Board and management

No board listed — who's managing your dues?

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Reserve study and funding

Pelican Bay 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 Pelican Bay 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$110.19MPlan is healthy
$0HEALTHY TARGET · $1.0M202620272028202920302031$110.2M
Annual dues increase+5% compounding · $9.06M/yr → $11.56M/yr by 2031
5%
Operating expense growth+4% YoY · insurance, vendors, utilities · $7.61M/yr → $9.26M/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 Pelican Bay

Pelican Bay is one of the premier communities in Naples — 2,330 acres, ~6,800 homes across 95 residential sub-associations, and 3 miles of private Gulf beach accessible via electric tram through mangrove preserves. Originally developed by Westinghouse/Coral Ridge Properties starting in 1977, the community includes everything from high-rise condos to single-family estates.

What we know

  • Homes: ~6,800 across 95 sub-associations (high-rise, mid-rise, villas, single-family)
  • Year established: 1977
  • Monthly dues: $111–$590/mo (individual association dues; Pelican Bay Foundation annual assessment is additional)
  • Management: Pelican Bay Foundation (master association); individual buildings have separate managers
  • Amenities: 3 miles of private Gulf beach with two beachfront dining pavilions, 27-hole Club Pelican Bay golf course, 18 Har-Tru tennis courts, 25,000 sq ft community center with fitness/wellness/art studios, kayak and paddleboard launches, 88 acres of parks
  • Active listings: ~220
  • Median sale price: ~$1.5M

Reserve health

Reserve health hasn’t been verified for Pelican Bay 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 95 separate sub-associations, reserve adequacy varies widely. The Pelican Bay Foundation manages master community infrastructure, but individual building reserves haven’t been verified.

What’s still missing

  • Board rosters for the Foundation and individual associations
  • Reserve study dates and balances
  • Special assessment history
  • Community photos

For board members

If you serve on the Pelican Bay Foundation board or any sub-association board, you can claim this page to add your community’s reserve data and board roster.

More Naples communities

View Naples directory
Public records Park Shore
4190 units $10–$508/mo mixed

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 Pelican Bay look as good online as it does in person.

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Next step

Need documents from Pelican Bay?

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

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