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Registered
Join Date: Jun 2013
Location: Lakeland,FL/Cashiers,NC
Posts: 209
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We have owned our condo on Cocoa Beach for over twenty years. We bought it as they were redoing the balconies so we got out of that assessment. Last October we were all assessed $6000.00 spread out over 4 mos to redo 16 balconies that are really exposed to the elements (our complex has 71 units) so yes it is quite common. We are now using a new sealer that hopefully will slow this problem. The salt is pretty brutal on everything,especially metal. We use ours mainly as a rentall and it has been very good to us. So it's the cost of doing business for me. If it was my main residence it would be more upsetting. Owning real estate is a great investment but it is also very expensive,especially on the coast.
Dave
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