In a comprehensive review for the upcoming year, we delve into the 2025 Condominium Association Dues for condos in Panama City Beach, Florida, as the number of condominiums under scrutiny continues to grow.
Here’s what’s affecting the dues this year:
- A marked increase in insurance costs over the last half-decade.
- A hopeful outlook for 2025 with expectations of a 10-15% decrease in insurance premiums for many buildings.
- An accelerated need to update elevator and fire safety systems, not waiting until their anticipated end-of-life.
- New legislative requirements for structural reserves.
- The pervasive influence of inflation on maintenance and operational expenses.
You can find more detailed information including histories for individual condos in the article below.
Sources: Panama City Beach Florida Condo Association Dues 2025