The very best sunsets are at Driftwood Sands overlooking the Gulf of Mexico.
Driftwood Sands is a cozy beachfront 45 unit complex in Indian Rocks Beach.
About Driftwood Sands
Prestigious Driftwood Sands (DWS) is a private beachfront complex located in scenic Indian Rocks Beach, Florida overlooking the Gulf of Mexico and its timeless sunsets.
The spacious condominiums feature 2-4 bedrooms, with many master bedroom suites overlooking the Gulf of Mexico, large double or walk in closets, laundry room, garage private storage lockers and private balconies all with gulf views.
The complex is a well-managed community with an active Board of Directors, Building maintenance superintendent, grounds committee and Property Management Company.
Amenities include assigned covered & guest parking, dual elevators, library/meeting suite, shuffleboard, poolside restrooms, direct beach access, outdoor shower, a beachfront pool, sundeck with lounge chairs and tables, and a waterfront covered pavilion equipped with gas/charcoal barbeques, granite countertop, sink and serving areas for all your entertaining needs. The Pavilion may be partially reserved by owners for private or family gatherings.
CURRENT
LIFE
Current Year
Actuals/
Projections
1
2
3
4
5
6
ITEM DESCRIPTION
LIFE
COST
NOTESNEW
1st.
2nd.
3rd.
4th.
5th.
2022
2023
2024
2025
2026
2027
2028
9010-Painting
10
129,780.00
10
2032
2042
2052
2062 2072
127,368
0
0
0
0
0
0
9020-Roofing
19
211,150.00
20
2041
2061
2081
2101 2121
108,500
0
0
0
0
0
0
9030-Paving
7
30,900.00
10
2029
2039
2049
2059 2069
0
0
0
0
0
0
0
9051-Balcony/Landings
13
63,654.00
15
2035
2050
2065
2080 2095
0
0
0
0
0
0
0
9052-Gazebo/Deck
8
72,100.00
10
2030
2040
2050
2060 2070
0
0
0
0
0
0
0
9060-Seawall
48
106,090.00
75
2070
2145
2220
2295 2370
0
0
0
0
0
0
0
9064-Elevator
13
231,750.00
15
2035
2050
2065
2080 2095
47,304
0
0
0
0
0
0
9065-Generator
23
106,090.00
25
2045
2070
2095
2120 2145
0
0
0
0
0
0
0
9070-Pool/Pool Heater
7
74,160.00
10
2029
2039
2049
2059 2069
0
0
0
0
0
0
0
9075-Hazard Insurance
0
42,230.00
0
2022
2022
2022
2022 2022
0
0
0
0
0
0
0
9087-Entry Doors
11
62,212.00
15
2033
2048
2063
2078 2093
6,903
0
0
0
0
0
0
9090-Deferred Maintenance
1
25,750.00
1
2023
2024
2025
2026 2027
31,585
25,750
25,750
25,750
25,750
25,750
25,750
Total
1,155,866.00
44562
321,660
25,750
25,750
25,750
25,750
25,750
25,750
PROJECTED CASH FLOW:
Projected Beginning Cash Balance
483,303
261,644
335,894
410,144
484,394
558,644
632,894
Less: Projected Cash Outflows
321,660
25,750
25,750
25,750
25,750
25,750
25,750
Plus: Annual Reserve Funding Requirement
100,000
100,000
100,000
100,000
100,000
100,000
100,000
Projected Ending Cash Balance
261,644
335,894
410,144
484,394
558,644
632,894
707,144
2022 Revised Estimates
REPLACEMENT YR.
Driftwood Sands
Pooled Reserve Schedule
Base Year = 2022