The Residences at Pelican Isle

Key facts from The Residences at Pelican Isle's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Throughout)

Units / lots

138 (Section 4.18 (OR 6241 PG 2700): 'There a)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Section 1 (OR 6241 PG 2697))

Assessments & dues

Common expenses distributed per unit's share of ownership; for Association-wide expenses, each unit pays 1/138; for individual condominium expenses, based on percentage shares in Section 6.1 (Sections 10.1-10.2 (OR 6241 PG 2707))

Special assessments

Allowed for nonrecurring or unbudgeted common expenses (Section 10 (OR 6241 PG 2706))

Collections & liens

Association has lien for unpaid assessments; can foreclose; lien subordinate to first mortgage but superior to others (Sections 10.8-10.10 (OR 6241 PG 2708))

Reserves & fees

Mentioned as part of common expenses budget for funding reserve accounts (Section 10.1 (OR 6241 PG 2706-2707))

Pets

Yes, for unit owners only (not guests or tenants) (Section 12.6 (OR 6241 PG 2715))

Leasing & rentals

Yes, with Board approval (Section 13 (OR 6241 PG 2716))

Home business

Prohibited; includes visitation by clients, customers, door-to-door solicitation; personal business records/phone calls allowed as incidental to residential use (Section 12.1 (OR 6241 PG 2714))

Signs & flags

No 'For Sale', 'For Rent', 'Open House' or similar signs anywhere on condominium property, including windows or vehicles (Section 12.8 (OR 6241 PG 2715))

Use restrictions

Yes; each unit occupied by one family as residence only; no business or commercial activity (Section 12.1 (OR 6241 PG 2714))

Voting & meetings

One vote per unit; total 138 votes for Association, 39 for Residences I, 40 for Residences II, 59 for Residences III (Section 4.18 (OR 6241 PG 2699-2700))

Amendments

This Declaration approved by at least two-thirds of voting interests present and voting; Amendment of Declaration may require similar vote (Section 11.5 implies two-thirds for alterations over $100k; for declaration amendment, not explicitl (Certificate of Amendment (OR 6241 PG 269)

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