Five-year reserve planning My HOA Budget

Pensacola, Florida condo association

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Mirador

Mirador is a condo association in Pensacola, Florida. This profile tracks monthly dues $975/mo, built in 1927, reserve study status not yet verified, along with amenities, reserve questions, and document-request steps...

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

Profile 44% complete — board members can fill in the rest

HOA dues, reserve study, and community facts

Units —
Year built 1927
Monthly dues $975/mo
Reserve health Check my risk
Active listings 1
Median sale price $230K

Amenities

Boat dockGated

Board and management

No board listed — who's managing your dues?

Board member? Claim this page

Reserve study and funding

Mirador 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 Mirador 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 — 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$1.25MPlan is healthy
$0HEALTHY TARGET · $1.0M202620272028202920302031$1.3M
Annual dues increase+5% compounding · $1.17M/yr → $1.49M/yr by 2031
5%
Operating expense growth+4% YoY · insurance, vendors, utilities · $983K/yr → $1.20M/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 Mirador

Mirador is a historic condo community in Pensacola, Florida, originally built in 1927. Located on E Gadsden Street, the gated community features boat dock access, reflecting Pensacola’s waterfront heritage.

What we know

  • Year built: 1927
  • Monthly dues: $975/mo
  • Amenities: Boat dock, gated community
  • Active listings: 1 as of April 2026
  • Median sale price: $230K

Reserve health

Reserve health hasn’t been verified for Mirador 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
  • Management company
  • 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 Mirador look as good online as it does in person.

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Next step

Need documents from Mirador?

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