you live near a coast, you're probably aware that the Federal
Flood Insurance Program is drastically under-funded;
consequently we are expecting a dramatic rate increase in our
future Flood Insurance.
As an example, a Ft Myers Beach owner of a six unit property who
was paying $2,700.00 per year can expect an increase to
$37,000.00. Another property owner paying $1,100.00 saw
her rate increased to $34,000.00.
Therefore we need to pass along a small (and temporary we hope)
surcharge of $4.50 per night until this government program is
Thank you in advance for your understanding!
Silver Sands Villas Staff