Venture Out

Expenses of Ownership

1. Venture Out Condominium Fees- Venture Out Office: 305-745-3233 /ventureoutcondo.net

Effective April 1, 2022, to March 31, 2023

Quarterly Maintenance $635.97

Reserve for Replacement $266.29

Total $902.26

value of your property means discovering the price most people would pay for your property. Determining a fair and equitable value is

the only role of this office in the taxing process. The property appraiser does not create the value. People make the value by buying and

selling real estate in the marketplace. The property appraiser has the legal responsibility to study those transactions and appraise your

property accordingly.

A Computer Assisted Mass Appraisal (C.A.M.A.) system is used by experienced appraisers to ensure that fair values are set for all Monroe

County property owners. Appraisers are also assisted by our Geographic Information System (GIS) which helps us to provide detailed and

up-to-date property ownership maps for field appraisers. The GIS is frequently updated to reflect changes to the land in Monroe County.

This information is also used to analyze property data and gives appraisers yet another tool for comparing similar properties.

3. Non-ad-valorem assessments- Attached to the property tax bill

information. NOTE: Premium’s will vary depending on the age of the property. Note-For RV Lots a liability policy may be

obtained.

IOA Insurance 305-434-7947 (Debbie Friis-Pettitt) Email: friis@ioausa.com

Hampson’s Insurance 305-872-4788

Fuller’s Insurance 305-294-6677

5. Bank's Financing-

1. Center State Bank- Paul J Wendland, Mortgage Banker, (813) 340-0121 – mobile, SouthStateBank.com/Mortgage

*South State Bank and CenterState Bank, N.A. have merged to become South State Bank

6. Utilities- These costs are considered a variable expense and will vary upon usage.

15% Commission Long Term Rentals