Veranda Bay

Key facts from Veranda Bay's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Mixed-use development (single-family residential, commercial, condominium, apartments, marina) (Master Declaration Preamble and Section )

Legal name

Veranda Bay Master Association, Inc. (Articles, Art. I)

Units / lots

At least 80 platted lots (Intracoastal Lots 1-42 Phase 2A and 43-80 Phase 1A); additional lots may exist (Master Declaration Section 1.24)

Developer / declarant

Palm Coast Intracoastal, LLC, a Florida Limited Liability Company (First Amendment and Master Declaration P)

Governing law

Chapter 617 of Florida Statutes (not-for-profit corporation); Chapter 720 referenced but stated not to apply unless required by law (Amended & Restated Articles, Article II;)

Assessments & dues

By the Board of Directors via budget; assessments are levied against Members for Common Expenses (Master Declaration Section 1.13, Article)

Special assessments

Permitted; Association has power to levy and collect Assessments (including Special Assessments) as part of its powers (Amended & Restated Articles Article IV, )

Collections & liens

Assessments, if not paid, can result in a lien against the Lot, Residential Unit Parcel, etc. Enforcement includes foreclosure. (Master Declaration Section 1.5 (definiti)

Leasing & rentals

Not explicitly prohibited; Owners may lease, but no specific restrictions provided (Not addressed in provided text)

Architectural approval

Yes, all proposed Improvements must be reviewed and approved by Declarant until Declarant assigns rights to ARC or Association (Master Declaration Section 3.2(h) and Ar)

Maintenance

Association responsible for Association Property, Common Area, and Stormwater Management System; Owners responsible for their Lots, Units, and improvements on them (subject to specific allocations in Governing Documents). (Amended & Restated Articles Article IV, )

Use restrictions

Not exclusively; mixed-use development allows commercial, quasi-residential, and marina uses (Master Declaration Sections 1.10, 1.38, )

Voting & meetings

Six classes of membership: Class A (Residential Lots) – 1 vote per lot; Class B (Residential Unit Parcels/Units) – 1 vote per permitted unit before construction, 1 per unit after; Class C (Commercial) – 1 vote per acre before construction, (Master Declaration Section 4.3 and Amend)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.