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What a reserve study costs in Florida

These are typical ranges to help a board budget, not quotes. One firm's proposal for your community is the only real number.

Typical fee for a full reserve study with a site visit, by community size
Community sizeTypical feeWhat it usually covers
Under 50 homes or units$1,500 to $5,000One pool or clubhouse at most, short private roads
50 to 150$2,000 to $8,000Gate, amenity center, some paving and drainage
150 to 300$5,000 to $20,000+Several buildings or a long list of common elements
300 and overfrom $10,000Master associations and large campuses
SIRS, per building$5,000 to $16,500+Condo buildings of three habitable stories or more; coastal towers run higher

Typical ranges, rounded. A guide, not a quote.

What moves the price

  • The count. More homes or units usually means more shared property: longer roads, more roofs, more of everything to measure.
  • Buildings. Each condo building of three stories or more needs its own SIRS work, so a campus of six identical mid-rise buildings costs more than one tower with the same unit count.
  • Amenities. Marinas, seawalls, elevators, parking garages, central cooling plants and large clubhouses add components and time.
  • Records. Clean drawings, past studies and repair invoices shorten the job. A first study with no records is the slowest kind.
  • The visit. A site visit costs more than a desk update, and a SIRS always needs a visual inspection.

Updates

Once there is a baseline study, updates cost less. Published guidance puts an update with a site visit at about half to four fifths of a full study, and an update without a visit at roughly 25 to 50 percent of a full study; small associations can pay below $1,000. Florida's SIRS rule is every 10 years; many boards update the ordinary schedule more often so each budget uses current prices.

SIRS on top of a study

Published SIRS fees run $5,000 to $16,500+ per qualifying building. Some firms quote the SIRS and the ordinary study as one job; others price them separately. Ask for one document with both schedules, because the SIRS part cannot be waived and the rest can, and owners should see that line clearly.

Getting a fair comparison

Send every firm the same facts: number of homes or units, number and height of buildings, a list of amenities, the date of the last study and when you need the draft. Ask each to state the credentials of the person who will sign it.

Where this comes from

Florida's statutes change most springs; check the current text or the association's attorney before relying on a detail.

Questions about fees

Why do two firms quote so differently?

Usually because they priced different work. Check whether each includes a site visit, how many buildings it covers, whether a SIRS is included or extra, and how many board meetings or revisions are in the fee.

Is an engineer more expensive than a reserve specialist?

Often, especially for a SIRS where concrete, balconies or the building envelope need closer attention. For an HOA of roads, a pool and a clubhouse, a credentialed reserve specialist is a common choice.

Can the association pay for the study from reserves?

The study is normally an operating expense. If you want to pay from reserves, check the governing documents and the statute's limits on using reserve funds with the association's attorney first.

Get a quote for your association

Three short steps: where the community is and which law it sits under, how to reach you, then a few taps about the property.

We are a free matching service for Florida associations, not a reserve study firm. We pick one provider that works in your area, tell you its name, and pass on your request only once you agree. The firm pays us a fee for the introduction; the association pays us nothing.

Step 1 of 3

Where is the community?

Which kind of association?

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