Secure Your Property’s Future
with Expert Reserve Studies in Florida
Reserve studies are vital for Florida’s HOAs and condos, ensuring financial stability in a state with harsh weather and strict regulations. At FPAT, we provide expert, compliant solutions tailored to your needs, keeping you ahead of 2025 legislative changes.
Mastering Florida Condo Compliance Your Ultimate Reserve Study Guide
Navigate the complexities of Florida’s condo regulations with ease using FPAT’s expert reserve study services, ensuring your community’s financial stability and compliance.
FPAT was outstanding putting together our Reserve Study. Devin was great and very knowledge on how to conduct the study. We are very pleased with the report.
Response from the owner 18:54 17 Oct 25
Thank you for your review! We're delighted that FPAT provided an exceptional reserve study tailored to your requirements. Devin is grateful for the recognition of his deep knowledge in performing the reserve study—comments like yours inspire us to uphold top-tier quality in all our reports. We truly value your confidence in us and are eager to support any upcoming reserve study revisions or additional needs. Feel free to get in touch anytime!1.3s 
FPAT delivered a comprehensive traditional reserve fund and SIRS studies that were clear to understand and easy to follow with relevant maintenance projects. Both reports were done on time with minimal revisions that were promptly completed.
Response from the owner 17:48 15 Oct 25
We’re thrilled to hear about your positive experience with FPAT’s traditional reserve fund and Structural Integrity Reserve Study (SIRS) services! Our team is dedicated to delivering clear, comprehensive, and easy-to-follow reports tailored to meet the unique needs of Florida condo and HOA boards. We understand the stress of navigating insurance requirements and Florida’s strict regulations, so we’re proud to have provided you with timely reports and prompt revisions to ensure your peace of mind.At FPAT, we specialize in helping property managers and board members like you stay compliant and prepared for Florida’s challenges, from hurricanes to SIRS mandates. Your feedback highlights our commitment to excellence and reinforces why we’re Florida’s trusted experts in condo reserve studies.Ready to take the stress out of your next reserve study? Contact FPAT today for a tailored proposal or download our free guide, Understanding Florida’s Reserve Study Requirements, to stay ahead of compliance demands. 
I have used FPAT for both reserve studies and insurance appraisals. Their staff is professional, responsive and knowledgeable. The reports they produce are comprehensive and easy to understand.
Response from the owner 17:50 15 Oct 25
We’re delighted to hear about your great experience with FPAT’s reserve studies and insurance appraisals! At FPAT, our professional and knowledgeable team is committed to delivering comprehensive, easy-to-understand reports that help Florida condo and HOA board members like you navigate complex requirements with confidence. We know how overwhelming insurance demands and Florida’s regulations can feel, and we’re here to make the process seamless and stress-free.Your trust in us for both reserve studies and insurance appraisals means the world. As Florida’s trusted experts, we’re dedicated to providing responsive service and tailored solutions to keep your community compliant and prepared for any challenge, from hurricanes to SIRS mandates. 
I can not speak highly enough of Maddy! Working in the insurance industry - she is my GO TO with inspections. Super fast, kind, friendly, efficient .. I could go on and on! Whenever I am in need of an commercial wind mitigation inspection I reach out and she replies with the info I need quicker than I can even send the email. 10 Stars if I could!
Response from the owner 17:35 05 Sep 25
Thank you for the glowing review! We’re thrilled to hear about your fantastic experience with Maddy for your commercial wind mitigation inspection needs. At FPAT, we pride ourselves on delivering fast, friendly, and efficient service, and it’s wonderful to know Maddy exemplifies this as your go-to expert in the Reserve Study and insurance industry.Her quick response times and dedication to providing top-notch inspection services are what make FPAT Florida’s trusted choice for condo and HOA reserve studies, including wind mitigation inspections that meet Florida’s strict regulations. We’re here to ensure your property is compliant, safe, and ready for any challenge—without the stress.We truly appreciate your kind words and 10-star enthusiasm! For anyone reading this, contact FPAT today for your commercial wind mitigation inspection or reserve study needs, and experience the same reliable, professional service. 
FPAT delivered on there commitments to get our HOA renewal insurance appraisal. They were professional and knowledgeable and kind and got it done early. Maddy was extremely helpful explaining what needed to be done and was so smart and nice, even re-explaining things as needed. Excellent communication and customer service.
Response from the owner 16:45 03 Sep 25
Thank you for your wonderful review! We’re thrilled to hear that Fpat.com exceeded your expectations with our professional and timely HOA Reserve Study and insurance appraisal services in Tampa. Our team, especially Maddy, takes pride in delivering clear, knowledgeable guidance to ensure your HOA meets all requirements, including Hb-913 compliance. At Fpat.com, we strive to be the top Reserve Study Company for HOAs and condos, offering expert Condo Reserve Study and SIRS assessments with excellent communication. Your kind words about our customer service mean the world! For anyone seeking a Reserve Study Near Me in Tampa, we’re here to help—contact us today or check our photo “sirs-tampa-florida-structural-inspection.jpg” to see our work in action. Thanks again for choosing Fpat.com! 
Eric Dixon has been a pleasure to deal with as part of our Association's reserve study. Patient, communicative, and helpful.
Response from the owner 16:46 03 Sep 25
Thank you for your fantastic review! We’re delighted to hear that Eric Dixon provided exceptional service during your Association’s Hoa Reserve Study in Orlando. At Fpat.com, our Reserve Study Company is committed to delivering patient, communicative, and helpful support, ensuring your HOA meets Hb-913 and SIRS requirements with ease. Whether you need a Condo Reserve Study or a comprehensive Reserve Study Near Me, our team is here to guide you. Check out our photo “reserve-study-company-orlando-professional-services.jpg” to see our process in action! Your kind words inspire us—contact Fpat.com for expert reserve study services in Orlando or beyond. Thanks for choosing us! 
I have been working with FPAT for over a decade. They are very timely and responsive to email. The insurance carries know the integrity this company holds, I have heard them say it. It's when an underwriter see's Felton's name, they don't question the document at all. That is how much trust they have in Felton Professionals.
Response from the owner 17:36 05 Sep 25
We’re deeply honored by your decade-long partnership and heartfelt review! At FPAT, we strive to deliver timely, responsive, and trustworthy service, and it’s incredibly rewarding to hear that our integrity shines through in the eyes of insurance carriers and underwriters. Knowing that Felton Professionals’ name carries such weight in the industry—especially for condo and HOA reserve studies, including Structural Integrity Reserve Studies (SIRS)—fuels our commitment to excellence. 
Madeline is AMAZING . thank you for all you do
Response from the owner 17:37 05 Sep 25
We’re thrilled to hear your enthusiasm for Madeline’s amazing work! At FPAT, we’re passionate about delivering exceptional service, and Madeline’s dedication to helping Florida condo boards and property managers with reserve studies and commercial wind mitigation inspections truly shines. Thank you for recognizing her efforts to keep your community compliant, safe, and stress-free amidst Florida’s tough regulations and insurance demands. 
Always a pleasure working with FPAT! The entire team is prompt, efficient and very knowledgeable. I will be continuing using their services for years to come!
Response from the owner 18:47 12 Sep 25
Thank you for your glowing review! We're thrilled to hear that our prompt, efficient, and knowledgeable team at FPAT has made your experience a pleasure. As Florida’s trusted experts in condo reserve studies, we’re committed to delivering top-notch service to keep your community compliant and prepared for anything—hurricanes, SIRS regulations, or insurance demands. We look forward to partnering with you for years to come! For anyone needing a reliable reserve study, contact FPAT today to ensure your property’s financial security and peace of mind. 
FPAT is great! They provide excellent service and are extremely proficient in doing the wind mitigation inspections. I highly recommend!
Response from the owner 18:47 12 Sep 25
We’re delighted to hear that FPAT’s excellent service and expertise in wind mitigation inspections have earned your high recommendation. As Florida’s go-to experts for condo reserve studies and inspections, we’re dedicated to helping board members and property managers like you stay compliant and prepared for Florida’s storms and strict regulations. Ready to secure your property’s future? Contact FPAT today for a tailored wind mitigation or reserve study solution that brings peace of mind! 
Maddy at FPAT is always quick to respond and pleasant to work with. The other representatives I've interacted with have also been nice to work with.
I worked with Josh for an inspection today. He was professional and communicative, confirming our appointment time and contact numbers in the days prior. This was efficient, convenient and effective for my schedule.
What is a Reserve Study?
A reserve study is a financial planning tool that assesses major property components (e.g., roofs, elevators, painting) and estimates future repair or replacement costs. It ensures your HOA or condo avoids special assessments and maintains long-term financial stability, especially in Florida’s high-maintenance environment
- Definition: A financial planning tool that assesses major property components (e.g., roofs, elevators, painting) and estimates future repair/replacement costs.
- Purpose: Ensures associations avoid special assessments and maintain long-term financial stability. Include a table for clarity:
Component | Purpose | Example in Florida |
|---|---|---|
Roofs | Assess wear from hurricanes | Saltwater corrosion impact |
Elevators | Plan for maintenance costs | High-rise condo compliance |
Painting/Waterproofing | Prevent mold and structural damage | High humidity and storm effects |
- Explain its importance: Helps associations prepare for future expenses without financial strain, crucial in Florida’s high-maintenance environment.
Why Are Reserve Studies Important in Florida?
Florida’s hurricanes and tropical storms can cause significant damage, while saltwater corrosion accelerates wear on building materials. Post-Surfside, strict laws mandate regular inspections and funding for structural integrity.
- Harsh weather conditions (hurricanes, tropical storms) can cause significant damage, as noted in Serving Florida & the Southeast USA.
- Saltwater corrosion and high humidity accelerate wear on building materials, per What is a Reserve Study in Florida? (2025 Guide).
- Strict legal requirements, especially post-Surfside collapse, mandate regular inspections and funding for structural integrity, as detailed in Florida Reserve Study Requirements.
Recent Legislative Updates (2025)
Summarize Senate Bill 4D (2022) and Senate Bill 154 (2023)
- Key changes from (2022) and Senate Bill 154 (2023), based on 2023 Florida Reserve Funding Updates and Understanding Structural Integrity Reserve Studies in 2025:
- Mandatory SIRS for buildings three stories or taller, with the first due by December 31, 2024, and updates every 10 years for 30+ year buildings, 25-year coastal rule.
- Prohibition on waiving or reducing reserves for critical components (roofs, load-bearing walls, etc.) starting in 2025, per the New 2024 Florida Legislation.
- New reporting requirements: Associations must notify unit owners and the state within 45 days of SIRS completion, with a state database by January 1, 2025.
- Emphasize how these changes impact property owners and managers, increasing the need for expert guidance.
Threshold Funding Explained
Frequently Asked Questions
As a Florida condo or HOA board member, you’re juggling insurance demands, hurricane risks, and strict regulations like HB 913. It’s a lot, and you shouldn’t face it alone. FPAT is your trusted partner, offering expert reserve studies tailored to Florida’s unique challenges. Below, we answer common questions to help you navigate compliance and protect your community. Have more questions? Contact us for a free consultation.
How does FPAT ensure compliance?
At Felten Property Assessment Team (FPAT), we’re your guide through Florida’s complex compliance landscape. With 20 years of experience and over 5,000 reserve studies completed in the Sunshine State, our licensed professionals deliver tailored solutions for condos and HOAs. We specialize in Structural Integrity Reserve Studies (SIRS) for buildings three stories or taller, meeting stringent insurance and regulatory requirements. Our thorough evaluations, clear reports, and actionable financial plans protect your property from hurricanes, coastal corrosion, and unexpected repair costs, ensuring long-term stability and peace of mind.
Are reserve studies worth it?
Yes—reserve studies are a proven investment. Data shows communities with strong reserve funds (over 70% funded) have 12.6% higher home values and rarely face special assessments, which can average $10,000–$100,000 per unit in Florida. They ensure equitable owner contributions, enhance marketability, and meet fiduciary duties, saving thousands in emergencies. Without one, you risk insurance denials, costly repairs, penalties, or resident distrust. FPAT’s tailored studies ensure compliance, weather Florida’s storms, and build a secure future. Contact us or download our free Florida requirements guide to start. Florida's Requirements Guide
What is a SIRS report in Florida?
A Structural Integrity Reserve Study (SIRS) is a Florida-mandated assessment for condominiums and cooperative buildings three stories or taller. It evaluates the long-term structural integrity and financial needs for critical components like foundations and load-bearing walls, ensuring reserves for their maintenance. FPAT’s licensed professionals deliver compliant SIRS reports tailored to your property, helping you meet state regulations and protect your community from costly surprises.
What are the key deadlines for SIRS?
Key SIRS deadlines in Florida include: Initial SIRS completion by December 31, 2025 (extended from 2024). For budgets adopted on or after December 31, 2025, SIRS reserve funds must be included in the annual budget and cannot be waived. Subsequent SIRS are required every 10 years, alignable with milestone inspections but no later than December 31, 2026. FPAT ensures you meet these deadlines with tailored, compliant studies to avoid penalties and insurance issues.
Why choose FPAT for your reserve study?
FPAT, a Florida-based, family-owned business, brings over 20 years of experience and 5,000+ reserve studies to the table. Our licensed professionals understand Florida’s harsh weather, coastal corrosion, and complex regulations. We tailor every reserve study, including SIRS, to your property’s needs, ensuring compliance with insurance and state mandates. Our transparent process delivers clear reports and actionable plans, taking the stress off your plate. Choose FPAT to lead your community with confidence and protect it from costly surprises.
What happens if I don’t get a reserve study?
Skipping a reserve study risks severe consequences: underfunded reserves can lead to special assessments ($10,000–$100,000 per unit), insurance denials, non-compliance penalties, or resident distrust. Florida’s harsh weather and strict regulations, like HB 913, make reserve studies essential to avoid costly repairs and legal issues. FPAT’s expert studies, tailored to your property, ensure compliance, financial stability, and storm readiness. Contact us now to schedule your reserve study and safeguard your community. Schedule Your Reserve Study
At FPAT, we’re here to help you overcome these challenges:
01
Expert Compliance
Our team stays up-to-date with the latest regulations to ensure your association meets all legal requirements.
02
Strategic Funding Plans
We provide clear, actionable plans to fund your reserves effectively, avoiding unexpected costs.
03
Tailored Solutions
We understand Florida’s specific needs and tailor our services to address your property’s unique conditions.
Your Challenges, Our Solutions
As a property owner or manager in Florida, you face unique challenges:
- Navigating New Laws: Understanding and complying with the latest reserve study requirements, including SIRS.
- Financial Planning: Ensuring your association has sufficient funds for future repairs without burdening homeowners.
- Environmental Risks: Preparing for the accelerated wear and tear caused by Florida’s climate.
At FPAT, we’re here to help you overcome these challenges:
- Expert Compliance: Our team stays up-to-date with the latest regulations to ensure your association meets all legal requirements.
- Strategic Funding Plans: We provide clear, actionable plans to fund your reserves effectively, avoiding unexpected costs.
- Tailored Solutions: We understand Florida’s specific needs and tailor our services to address your property’s unique conditions.
How FPAT Can Help
FPAT offers comprehensive reserve studies tailored to Florida’s unique needs. Our certified professionals conduct thorough inspections, provide detailed reports, and ensure compliance with SIRS and CAI standards. We also offer personalized consulting to meet your property’s specific requirements.
- Comprehensive inspections by certified professionals, understanding local conditions and regulations.
- Detailed reports including component inventories, cost estimates, and funding plans, adhering to Community Associations Institute (CAI) standards, as seen in Reserve Study Overview.
- Compliance with all state and national standards, including SIRS, ensuring legal adherence.
- Personalized consulting to meet each client’s unique needs, with a focus on Florida’s market.
Our Process
- Florida Reserve Study Experts
Deep understanding of Florida’s property market and regulations, as a local expert per Serving Florida & the Southeast USA. - How We Educate Our Clients
Navigating Florida’s laws can feel overwhelming, but we’re here to make it simple. We explain things like SIRS compliance, Chapter 718, and how windstorm mitigation can lower premiums, empowering you to make informed decisions and lead with confidence. - Why It Matters
With 20 years of Florida experience, FPAT has helped thousands of condo boards and property managers turn regulatory stress into clarity. When you choose us, you’re choosing a partner dedicated to your success, offering personalized service and education every step of the way.
Beyond Reserve Studies
Need more? Check out our insurance appraisals for total protection.
Get Your Free Florida Compliance Checklist
Our checklist covers
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Hear From Our Clients
Expert services tailored to Florida’s unique property regulations helping you stay compliant, protected, and prepared.
Serving The Entire State Of Florida
Commercial Services
- Jacksonville
- Hialeah
- Tallahassee
- Fort Lauderdale
- Port St. Lucie
- Cape Coral
- Gainesville
- St Petersburg
- Pembroke Pines
- Daytona Beach
- Lakeland
- Miramar
- Boca Raton
- Coral Springs
We're Available To Have A Conversation
Thank you for considering our company for your property inspection needs. We’re looking forward to hearing from you and about your inspection needs. Please use below links to get in touch with us.
We're Available To Have A Conversation
Thank you for considering our company for your property inspection needs. We’re looking forward to hearing from you and about your inspection needs. Please use below links to get in touch with us.
