Rising Fees, Falling Property Values
What Every Owner Needs to Know...
Falling Property Values
Glade’s property values have declined more that the Naples-wide average since 2022
Rising Costs
Assessments have increased 40% in the last 5 years.
Insurance Financing
$3.44M paid in 2025 — a 23.3% increase in a single year, financed at 8.5% APR.
Drivers of Increasing Costs
Golf course operations, insurance and Cable/Internet costs are the major contributors to the high ratio. Insurance costs are linked to condition of buildings.
A Community-Wide Conversation on Fee Allocation
The Glades is an affordable, amenity-rich community, but the relationship between rising assessments and softening property values deserves a clear-eyed look.
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The Glades has one of the lowest property values for bundled communities in Naples, but sits at the high-end of fee to value ratios at approximately 4% . We can and should address this disparity between assessments and property values.
Fee Allocation
Monthly mandatory Club Member Fee: $369.38/unit — 64.6% funds golf operations, 11.1% funds all other recreation.
Insurance Costs
$3.44M paid in 2025 — a 23.3% increase in a single year, financed at 8.5% APR.
What TGFA is asking for:
An open, community-wide conversation about fee allocation, strategic priorities, and how we build a structure that feels fair and sustainable for all owners.