Welcome to the homepage of Rae Wakelin
Phone:239.398.0028  Fax:239.687.4193
rwakelin@amerivestrealty.com
Your Home File: 0 Listings

 
Golf Course Communities....What you need to know
 

Golf course communities in the Naples and Bonita Springs area come in several different varieties. The first distinction is whether the club is “Bundled” or not.

Bundled Golf Course Communities

When you purchase a home in these communities, you are automatically a member of the golf club. There is no equity or deposit required to become a member. Although, minor transfer fees may apply. Basically, the value of the home includes the value of the golf course membership. They cannot be separated. 

The biggest drawback is that as the bundled clubs become filled, the availability of tee times becomes more restricted. Compare the typical “built out” bundled community of 700 or so players to the typical non-bundled community of 300 to 350 players.

 


 Golf Course Communities—Non Bundled 

The Non-Bundled courses have some type of “up-front” fee to join (part of which may be called “equity”….in which case you would receive some money back if you left the club or sold your membership). Their annual dues are normally higher than at a Bundled Community…but there are far fewer members. The two types of clubs are:

                        Golf Membership Required:

Here you would buy a home and then you are required to purchase the golf membership. 

                         Golf Membership Not Required:

Homeowners within the community have no mandatory connection with the club (except that some clubs are now requiring at least social memberships if you live within the gates). Some of these clubs have no homes on the property. 
Comparison Chart:
 
Factor Non Bundled Membership Bundled Membership
Initiations Voluntary Application Tied together with Title to the Property
Cost of Initiation Can be anywhere between $10,000 to $250,000 None
Number of Members per 18 Holes Can vary between 225 - 400 Given--every front door is a full member...but not all play golf.  Numbers will vary between 560 - 850 front doors per 18 holes






Naples Florida Real Estate   About Amerivest Realty   Request Information   Property Search   Today's New Listings
Featured Properties   Community Profile   New Property Notifier   Real Estate Directory
Country Club Checklist    Golf Courses    Naples Attractions    Naples Overview    Naples Parks & Beaches    Naples Restaurants    Naples Weather   


The information provided is for consumers' personal, non-commercial use and may not be used for any other purpose.
Not all IDX properties available for sale appear on this website. This site displays listings only for the following cities: Bonita Springs, Goodland, Immokalee, Marco Island, Naples
Real Estate by Amerivest Realty, real estate web design services provided by CyberSunshine.com
Naples Real Estate    Copyright © 2010

Amerivest Realty of Naples is a Florida Real Estate Brokerage