FAQs

Frequently Asked Questions about home buying at Golf Lakes.

• What is Golf Lakes Residents Association Inc.?
  • A land owned Co Operative.
    
    
• What is a Co-Op Land Lease?
  • An association that buys or owns land. Share holders are issued a proprietary lease by the Corporation.
    As a share holder you can enjoy all the benefits of ownership as any other owner of real estate.
    Deduct taxes and mortgage interest, homestead deduction, appreciation in property value is possible.
    
    
• Do you have any lots available for a new home?
  • Yes, you can also purchase an older unit and have it removed to install a new home.
    Our Sales Office can help with the entire process.    New Home setup in 3 easy steps!
    
    
• Can we have guests?
  • Yes home owners can have guests with them up to 60 days. Homeowners should notify the office of guests visits.
    
    
• Can I get insurance?
  • Homes built after 1994 are built to the latest hurricane standards as concrete block stucco (CBS) homes.
    They are generally always insurable. Homes built between 1980 and 1993, can usually be insured.
    Homes prior to 1980 are insurable at your home insurance agents option.
    
    
• Do you finance?
  • Golf Lakes does not offer financing.  In the event you need financing you can contact any banker of your your choice.
    
    
• How much is the maintenance fees?
  • Maintenance fees are approximately $165/month. This includes water, sewer, trash, cable tv, lawn cutting,
    and all the amenities of Golf Lakes.
    
    
• Is the pool heated year round?
  • Yes
    
    
• Do you have a fitness room?
  • Yes
    
    
• Do you have a spa?
  • Yes
    
    
• Are there Tennis courts?
  • No
    
    
• Is there basketball?
  • Yes