Mount Vernon Financials
Mount Vernon is very stable with 50 years of successful History behind us. We have
our own Bookeeper and Board-Treasurer and engage outside Professionals
such as for our Annual Audit. Mount Vernon prepares for Rainy Days
and has large Reserves to take care of them, if needed.
Because of our valuable longevity, we know what our actual Costs of operating Mount Vernon
are. A solid Track-Record of true Expenses.
Condominium Monthly Fees:
Our Monthly Condo Fees are very stable and are controlled
by our Owners who vote for our Owner/Neighbor Board of Directors. We have a
volunteer Owner Budget Committee that reviews our Expenses every year and
makes Recommendations to our Board based on up to date Operating Expenses.
Our Monthly Condo Fees are based on the Number of Bedrooms regardless of
where your Mount Vernon Home is located (Inland, Canal, Lake, Bay, etc.) in
our Community, or the type of Building Structure (Villa, Condo, Lake Home).
It's based on the number of Bedrooms that your Mount Vernon Home has.
For 2026 our Monthly Condo Fees are:
$711.00 for a 1-bedroom unit
$790.00 for a 2-bedroom unit
$869.00 for a 3-bedroom unit
As with many Communities in the Gulf area, Insurance Costs form a large part
of our Monthly Condo Fee.
Very Important:
Because of our 50 year Track-Record of Actual Operating Costs,
such items as Landscaping, Infrastructure, Labor, Condo Utilities, Taxes,
Maintenance and other normal Condo Operating Expenses are fairly stable.
Again, this is because of our years of running and managing Mount Vernon
Condominium.
Since we are an "Over 55" Community, our Residents/Owners generally would
prefer not to have more Surprises in their life. They came here to relax
from their past hectic and controversy filled lives.
Our 50 Years of Expense Track-Record is a very important Feature
for Mount Vernon Home Buyers that other, newer Communities simply do not have.
