Sandestin, Fl

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Message from SOA Accounting – Assessment Increase 2019

The Board of Directors has approved an assessment increase effective January 1, 2019. For 2019, your annual assessments will increase $80.00 for homes/condos/commercial RDU’s and $40.00 for lots. First quarter statements will be mailed in mid-December reflecting the new amount due. See examples of how this assessment increase will affect your payment below:

Yearly
Homes/condos/commercial RDU:
2018 assessment was $1,451 ($1,200 assessment + $251 cable*)
2019 assessment will be $1,531 ($1,280 assessment + $251 cable*)

Receive a 3% discount off assessment if paid in full for the year via cash or check by January 31, 2019. The amount due for the year with the discount off the assessment will be $1,492.60 ($1,241.60 + $251 cable) Savings of $38.40.

Lots:
2018 assessment was $600
2019 assessment will be $640

Receive a 3% discount off assessment if paid in full the year via cash or check by January 31, 2019. The amount due for the year with the discount off the assessment will be $620.80. Savings of $19.20.   

Quarterly
Homes:
2018 – assessment was $362.75 ($300 assessment + $62.75 cable)
2019 – assessment will be $382.75 ($320 assessment + $62.75 cable)

Lots:
2018 – assessment was $150.00
2019 – assessment will be $160.00

ACTION BY YOU IS REQUIRED IF:

NO ACTION IS REQUIRED IF:

If you use bill pay services offered through your bank, please be sure the mailing address is:  

Sandestin Owners Association
PO Box 11407 Dept 5134
Birmingham, AL 35246-5134 **

**Please note: Zip code has been updated as of 12/12/18

This address represents the SOA lockbox where payments are processed.

January 1, 2019 statements will be mailed by mid-December – if you have recently moved, please email soaaccounting@soaowners.com to provide your new mailing address.

If you have any questions regarding the new assessments, please email soaaccounting@soaowners.com

*Cable fee does not apply to commercial RDU