Florida Cities Lead Nation in Active HOA Communities

Florida hosts seven of the top 10 U.S. metro areas where homeowners association (HOA) fees make up the largest share of typical mortgage payments. Miami ranks first with a median HOA fee of $617 monthly, 26.9% of the mortgage payment. Other high-ranking Florida metros include Panama City, Naples, Cape Coral-Fort Myers, Port St. Lucie, North Port-Bradenton-Sarasota, and Sebastian-Vero Beach. Rising HOA fees are linked to many condos, new developments, insurance costs, and post-2021 Surfside inspection requirements.