Arissa Place Wellington FL — Gated Condo Community Guide 2026
Arissa Place is one of Wellington's most affordable gated entry points — 112 condo units on Greenview Shores Boulevard, built 1999–2000, with HOA that includes cable, roof reserves, and building insurance. It's also a community approaching the 25-year milestone inspection threshold under Florida's post-Surfside condo reform laws. Here's what buyers and owners need to know.
Arissa Place — 112 gated condo units, built 1999–2000. Floor plans: 1–3BR, 6 plans, 756–1,180 sq ft. HOA: ~$200–$325/month (includes cable, roof reserves, building insurance). Price range: $380K–$500K. Schools: New Horizons Elementary, Wellington Landings Middle, Wellington Community High School. Location: Greenview Shores Blvd, across from Wellington Community High School. WEF season rental history: $4,500–$5,500/month Jan–March.
Arissa Place shows up in searches for "gated condo Wellington FL" and "affordable Wellington community" because it is genuinely one of the most accessible price points within a gated Wellington address. The HOA structure — which bundles cable, roof reserves, and building insurance — is a meaningful operational convenience that simplifies ownership costs relative to non-condo properties. What buyers need to understand before they go under contract is the Florida condo reform picture and what the 25-year milestone inspection requirement means for a community built in 1999–2000.
▶ Watch: Arissa Place Wellington FL — Gated Condo, HOA, Florida Reform Requirements | Brian Wilder, 561-201-4717
Arissa Place at a Glance
Arissa Place sits on Greenview Shores Boulevard in Wellington, directly across from Wellington Community High School. The community is a gated condo development — meaning unit owners own the interior of their units but the building structure, roof, and exterior are association-maintained. This is different from a townhome or single-family home purchase and has specific implications for insurance, financing, and the Florida condo law requirements discussed below.
Six floor plans across the 1–3 bedroom range, from 756 sq ft for the smallest 1BR to 1,180 sq ft for the larger 3BR configurations. Most units have assigned parking. The community pool and common areas are HOA-maintained. Binks Forest Golf Club is visible from portions of the community.
What the HOA Covers — and Why It Matters for Buyers
Arissa Place HOA fees run approximately $200–$325/month depending on unit size and current board assessment. The HOA covers cable television, roof maintenance and reserves, building insurance (the structure and exterior — not the interior contents or owner's personal liability), gated access maintenance, pool, and common area landscaping.
The building insurance inclusion is significant. For a standard single-family home in Wellington, the owner carries all insurance costs. At Arissa Place, the master policy covers the building structure — the owner needs a separate HO-6 condo policy for interior contents and liability, which is substantially less expensive than a full homeowner's policy. Buyers should verify exactly what the master policy covers and what gaps their HO-6 policy needs to fill before closing.
Cable inclusion is a practical convenience. Roof reserves being part of the HOA means the board is (in theory) setting aside funds for eventual roof replacement without a surprise special assessment. Verify the reserve study and current reserve funding level before going under contract — this is the single most important financial due diligence step in any condo purchase in Florida.
The Florida Condo Reform Picture — What Buyers Must Understand
In 2022 and 2023, Florida enacted significant condo safety legislation following the Surfside condominium collapse. The laws create mandatory milestone inspection requirements and reserve funding requirements for condominiums that have specific implications for older buildings like Arissa Place (built 1999–2000).
Key requirements for buyers to verify before contract:
- Milestone inspection status: Buildings 25+ years old (3 stories or taller — verify Arissa Place building height) are required to have a structural milestone inspection completed. Arissa Place will be or is currently at the 25-year threshold. Ask the association: has the milestone inspection been completed? If yes, what were the findings? If no, when is it scheduled?
- Reserve funding adequacy: Florida law now requires condo associations to maintain fully funded reserves for structural components. Associations that were previously allowed to waive or reduce reserves can no longer do so. Ask for the current reserve study and the reserve funding percentage. Underfunded reserves mean future special assessments — which get passed to all unit owners including new buyers.
- Special assessments: Pull the estoppel and ask directly whether any special assessments are pending, planned, or under discussion. The milestone inspection findings and reserve deficiencies are the two most common drivers of special assessments in condos of this age.
- Financing: Fannie Mae and Freddie Mac have tightened condo project approval requirements following the condo reform laws. Verify that Arissa Place is on an approved lender list for conventional financing if you're not paying cash — some older condo communities have fallen off approval lists due to deferred maintenance or reserve deficiencies.
None of this is a reason to avoid Arissa Place. It's a reason to do the due diligence correctly before you're under contract, not after.
Who Arissa Place Works For
The right buyer profile:
- First-time buyers who want a gated Wellington address at a price point that most of the Wellington guard-gated market doesn't reach. At $380K–$500K, Arissa Place is one of very few gated Wellington options under $500K.
- Investors and second-home buyers who want WEF season rental income. Furnished 2BR units at Arissa Place have historically commanded $4,500–$5,500/month during January–March WEF season. Verify current rental restrictions with the HOA — minimum lease terms and rental approval processes vary and change.
- Buyers who want a low-maintenance Wellington address — no lawn care, no roof replacement out of pocket, cable included, smaller square footage to furnish and maintain.
- Downsizers from larger Wellington homes who want to stay in the Wellington school zone and community orbit without the overhead of a large single-family home.
Where Arissa Place doesn't fit:
- Buyers who need more than 1,180 sq ft — the community's largest floor plan is a 3BR at approximately 1,180 sq ft.
- Buyers who want to avoid condo ownership structure — if HOA master policy complexity, the Florida condo reform requirements, or shared building ownership is uncomfortable, a townhome or single-family home is a better fit.
- Buyers who need conventional financing and haven't confirmed the community is on an approved lender list — verify financing availability before falling in love with a specific unit.
Schools, Location, and Practical Life
Schools: Arissa Place is zoned for New Horizons Elementary, Wellington Landings Middle School, and Wellington Community High School. The community sits directly across Greenview Shores Boulevard from Wellington Community High School. Always verify your specific unit's school assignment at palmbeachschools.org before going under contract.
Location: Greenview Shores Boulevard, Wellington FL 33414. The Mall at Wellington Green is approximately 5–8 minutes by car. Wellington International equestrian showgrounds (WEF) is approximately 5–10 minutes. Palm Beach International Airport is approximately 20–25 minutes northeast.
Healthcare: Wellington Regional Medical Center (10101 Forest Hill Blvd) is approximately 3–4 miles. HCA Florida Palms West Hospital on Southern Boulevard — western PBC pediatric resource with 24/7 pediatric ER and $90M expansion underway — is accessible from this location.
Equestrian proximity: Arissa Place is not an equestrian community, but its location in the Greenview Shores area puts it within the Wellington equestrian orbit. WEF season rental demand for the community is directly driven by this proximity.
Thinking About Arissa Place?
The condo reform due diligence at Arissa Place is the conversation that needs to happen before you fall in love with a specific unit. Reserve study, milestone inspection status, special assessment history, and financing availability — I walk every Arissa Place buyer through all four before we make an offer. Call me first.
Free Buyer's Guide: palmbeachcountyhomeforsale.com/buyers-guide
Call Brian: 561-201-4717 | Spanish: Lucy Lopez 561-285-8809
Frequently Asked Questions
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Brian Wilder
The Wilder Real Estate Group at Keller Williams Wellington
561-201-4717 · In business since 1996 · Licensed since 1998 · 1,500+ PBC transactions
Data from public records and local sources. HOA fees, school assignments, and condo reserve requirements change — verify all before contract. Equal Housing Opportunity.