What is a Community Development District?



A Community Development District (CDD) is a governmental unit established to borrow capital to develop and maintain infrastructure in a community.  This infrastructure can include roads, water, sewer, irrigation, street lighting, clubhouses, pools, parks and other community amenities.  Developers establish CDDs to access  low cost capital by selling municipal bonds to investors and then over time pay off the bonds as homeowners pay an annual CDD fee.

Community Development Districts are authorized by Chapter 190 of the Florida Statutes, and allows a developer to finance building costs of those areas through tax-free municipal bonds.  The CDD is a local special purpose government entity composed of a Board of Supervisors that sets policy conforming to Florida law.

CDD fees are divided into two parts: The Capital Bond Assessment is the repayment portion of the loan, and The Operations and Maintenance Assessment is for operations and maintenances of the common area amenities (i.e., pools, parks, trails, tennis courts, and main club house).

The CDD fee is an assessment and while it is included in your property tax bill, it is not a property tax.  CDD fees are common in newer developments, and less likely to be found in older communities.  Community Development Districts in the Fort Myers area include:

Colonial Country Club CDD
Gateway Services CDD
Heritage Palms CDD
Laguna Lakes CDD
Lucaya CDD
Magnolia Landing
Miromar Lakes CDD
Moody River Estates CDD
Paseo CDD
Renaissance CDD
Riverhall CDD
Sail Harbour CDD
Vernadah CDD

Our team is available to explore home ownership opportunities in Fort Myers neighborhoods with or without Community Development Districts.

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  1. You can add Bridgetown (Pulte) off Treeline the CDD fees for the villa = $1,378 for the Trinadad/Sawgrass = $1,363.00 and the Grenada/Augusta = $1,572.00

    Only found this out by reading my contract after the sales person said he never heard of a CDD. Thank goodness I didn’t sign the paperwork.

    I would imagine the Plantation has fees as they are also Pulte homes.