Your CDD bond includes a maintenance fee and the total is rolled into your property taxes if you choose to do that, or can be paid off at closing or the bond balance can be paid once yearly in July in full.
I bought a lot, have not begun my build, but when I signed for the lot, my agent went through all of the papers I was signing and explained each. One of them was regarding the CDD bond. My total bond is 21000 and the estimated yearly amount is around 2750. This is over 29 years. If I pay it off at the onset it saves quite a bit, but should I decide to sell quickly I will have lost money. So a conundrum! There is also a yearly fire department fee of 135.00 that is ongoing. The first year, you will pay double, as it is charged in advance.
Hope this helps-
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