WFTV Action 9 Investigates Condo Fee Increases Forcing Cocoa Beach Residents Out of Their Homes

By  //  April 13, 2019

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residents facing a 400 percent fee hike, from $400 a month to $2,000 a month

WATCH: WFTV Action 9 investigates sky-high condo fee increases that many owners claim will force them to sell. They’re facing a 400 percent fee hike and say state regulators aren’t protecting them. (WFTV video)

BREVARD COUNTY • COCOA BEACH, FLORIDA (WFTV) – Action 9 investigates sky-high condo fee increases that many owners claim will force them to sell.

They’re facing a 400 percent fee hike and say state regulators aren’t protecting them.

Consumer investigator Todd Ulrich took their case to the condo board and the state to get answers.

It’s been their beach escape for 16 years, but now Ernest and Susan Lee claim they’re being forced out by their condo association.

“This is nothing but a condo version of a hostile takeover,” Ernest Lee said.

The fee went from $400 a month in 2017 to the current cost of $2,000 a month.

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WFTV Action 9’s Todd Ulrich, right, investigates sky-high condo fee increases that many owners claim will force them to sell. They’re facing a 400 percent fee hike and say state regulators aren’t protecting them. (WFTV video image)

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