Buying a condo in Clermont: HOA reserves, milestone inspections and prices

Best areas to buy a condo or townhome in Clermont

Listing portals carry the live inventory. This section covers where attached homes are concentrated and what each type means for fees and rules, based on developer and builder sources we could open.

Siena condos at Bella Collina (Montverde)

Bella Collina, the gated golf community of about 1,900 acres north of Clermont, sells Siena condos, a lakefront building of two- and three-bedroom units that the community also offers as vacation rentals. Condo owners there pay Bella Collina CDD assessments on the tax bill: the FY2027 budget sets an operations assessment of $84 per condo plus $339 in Series 2024 debt where it applies. Ask how rental use affects the building's insurance and financing. See our Bella Collina guide.

Townhomes at Wellness Ridge (south Clermont)

Lennar's Wellness Ridge includes townhomes alongside single-family homes. The Wellness Ridge CDD's FY2027 budget counts 342 townhomes on 22 ft lots and 98 on 25 ft lots, with gross operations assessments of $506.93 and $576.06 a year before debt. Townhomes in an HOA are usually not condominiums, so the condo inspection laws below may not apply. See our Wellness Way guide.

Townhomes at Parkside Trails (34714)

Pulte's Parkside Trails listed single-family homes and townhomes from $419,990 in September 2026. Ask Pulte whether the townhomes are fee-simple lots under an HOA or condominium units, and who insures the roof and exterior walls.

55+ attached villas

If you are 55 or older, attached homes also appear in age-restricted communities. Palms at Serenoa in Clermont has an attached single-level model of 1,608 square feet, according to 55places, and Del Webb Oasis in Winter Garden offers one-story villas of about 1,579 square feet. See our Clermont 55+ guide.

Resale condos in older complexes

If you find a resale condo in an older Clermont complex, check its height first. Buildings under three habitable stories fall outside the milestone inspection and SIRS rules, but the association still needs a sound budget, so review its reserves and minutes with the same care.

Is it wise to buy a condo in Florida now?

It can be, if the association's finances are sound. Florida's post-2022 condo laws make weak associations raise dues or levy special assessments, which is why the documents matter more than the list price.

Milestone inspections

Under Florida Statutes section 553.899, condo and co-op buildings three habitable stories or more in height need a milestone inspection by 31 December of the year the building turns 30, and every 10 years after that. Local agencies can require one at 25 years where conditions warrant. Phase one is a visual inspection by a licensed architect or engineer, and phase two is only needed if phase one finds substantial structural deterioration.

Structural integrity reserve studies (SIRS)

Under section 718.112, residential condo buildings three habitable stories or higher need a SIRS every 10 years covering items such as the roof, structure, fireproofing, plumbing, electrical, waterproofing and windows. For budgets adopted after 31 December 2024, unit-owner-controlled associations cannot vote to fund less than the required reserves for those items, with limited exceptions. The 2026 statutes also let associations use lines of credit or loans for these costs and, in some cases, delay a SIRS for up to two budget years after a milestone inspection.

Your right to documents and to cancel

Under section 718.503, a buyer of a resale condo is entitled, at the seller's expense, to the declaration, bylaws and rules, the annual budget and financial statement, the milestone inspection summary if applicable, and the most recent SIRS or a statement that none has been done. If you did not get them more than 7 days before signing, the contract must let you cancel within 7 days, excluding weekends and legal holidays, after you receive them.

Association websites

Under section 718.111, an association managing a condominium of 25 or more units, without timeshares, must post key documents on a website or app. Ask for the login during due diligence.

Documents to request before you sign

1. The current budget and the most recent year-end financial statement.
2. The SIRS or other reserve study, and how the budget funds it.
3. Milestone inspection reports, if the building needs them.
4. Board minutes for the last 12 months. Look for talk of special assessments, loans or major repairs.
5. The master insurance policy and deductible, so you know what your own HO-6 policy must cover.
6. Rental and pet rules, and any approval process for buyers or tenants.
7. An estoppel certificate showing dues and any amounts owed on the unit.

Our guide to buying a condo in Florida covers these documents in more detail.

Financing and warrantability

Lender condo review

Some lenders apply extra review to condos, looking at reserves, owner-occupancy, pending litigation and the building's inspection status. A building with a large unfunded repair or a pending special assessment can be harder to finance. Ask your lender early whether the complex qualifies, and start the condo questionnaire as soon as your offer is accepted.

Vacation-rental buildings

Where units are rented short term, as the Siena condos can be, some lenders treat the building differently from an owner-occupied one. Ask the lender before you write an offer, not after.

Cash or larger down payment

If a building does not qualify for the loan you want, the choices are usually a different loan product, more cash, or a different building. Budget for that possibility on older complexes.

Condo fees, CDD and the full monthly cost

A condo inside a Community Development District pays CDD assessments on top of association dues. Bella Collina, a gated community in Montverde just north of Clermont, has lakefront Siena condos inside the Bella Collina CDD. That district's FY2027 budget sets a gross operations and maintenance assessment of $84 per condo unit, with separate debt assessments where bonds apply. Check the tax bill for any condo you consider. See our Bella Collina page.

Condo prices in Clermont

Zillow's typical Clermont value of $428,604 in August 2026 covers all home types, so condos and townhomes usually trade below it. Our brief does not include a Clermont condo-only index, so compare closed sales in the same building or complex over the last six to twelve months. Watch for units that sold with a special assessment still owing, because that affects price.

Ask whether a unit is a condominium or a townhome in an HOA. The legal form changes who insures and repairs the roof and exterior, and whether condo statutes apply. See our Clermont ZIP guide for values by area.

Condo buyer checklist and red flags

• No SIRS, or a SIRS whose recommended reserves the budget does not fund.
• A milestone inspection that found substantial deterioration with no repair plan.
• Reserves far below what the reserve study recommends.
• A recent or planned special assessment that the seller has not disclosed.
• A master policy with a high deductible that owners would share.
• Rental caps or approval rules that clash with your plans.
• Minutes that mention litigation with a developer or contractor.

For the wider market, see our Clermont home value page.

Common questions

Sources

• Florida Statutes: Section 553.899, mandatory structural inspections for condominium and cooperative buildings
• Florida Statutes: Section 718.112, condominium bylaws (structural integrity reserve studies)
• Bella Collina CDD: FY2027 adopted budget (PDF)
• Bella Collina: Real estate
• Zillow Research: Home value and market data (ZHVI), August 2026
• Freddie Mac: Primary Mortgage Market Survey
• Florida Statutes: Section 718.503, condominium resale disclosure
• Florida Statutes: Section 718.111, condominium association records and website
• 55places: Palms at Serenoa, Clermont
• 55places: Del Webb Oasis, Winter Garden
• Bella Collina: official community website
• Wellness Ridge CDD: FY2027 adopted budget (PDF)
• Pulte: New homes in Clermont, Florida
• Lennar: Wellness Ridge, Clermont