Townhomes of Ocean Drive

Key facts from Townhomes of Ocean Drive's documents

Community type

Covenant / Planned Community

Developer / declarant

THE TOWNHOMES ON OCEAN DRIVE, LLC, a Florida limited liability company (Preamble)

Governing law

Florida Statutes (implied) (State of Florida)

Assessments & dues

$3,600 per lot per year (maximum initial, for 3 years) (Article IV Section 3)

Special assessments

Allowed for capital improvements with 2/3 vote of members (Article IV Section 4)

Collections & liens

Association may record Claim of Lien and foreclose for unpaid assessments (Article IV Section 8)

Reserves & fees

$1,000 initiation assessment per transfer of record title, except family transfers for no consideration (Article IV Section 10)

Pets

Up to 2 dogs, cats, and/or pet birds (Article II(13))

Leasing & rentals

Yes, but with restrictions (Article II(6))

Parking & vehicles

Prohibited overnight (Article II(17))

Architectural approval

Yes, for all construction, landscaping, alterations before commencement (Article II(5); Article V Section 1)

Home business

Allowed if home occupation license issued by County/City (Article II(3))

Signs & flags

Only United States flag allowed; otherwise prohibited (Article VII(7))

Setbacks / home size

As required by applicable law (Article VII(3))

Maintenance

Association responsible for routine maintenance and replacement of roofs of both Buildings (Article IV Section 2(9)a)

Insurance

Liability insurance not less than $1,000,000 per occurrence (Article VI Section 1)

Use restrictions

Only single family residential use permitted; no business or commercial buildings (Article II(2))

Voting & meetings

Class A: 1 vote per lot; Class B (Declarant): 10 votes per lot until conversion (Article III Section 2)

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