HOA Info for Coco Plum, Marathon, FL 33050
Coco Plum is a desirable waterfront residential community in Marathon, Florida, in the heart of the Middle Keys. It encompasses a mix of single-family homes, townhouses, and condominiums, many with deep-water canal or ocean access. The area features multiple condominium and homeowners associations rather than one overarching HOA, including Coco Plum Terraces Condominium Association, Coco Plum Beach Yacht Club Condominium Association (CPBYC), and others like Royal Plum. These associations manage shared amenities, maintenance, and rules focused on preserving the peaceful, boating-oriented lifestyle.
HOA Fees and Financial Obligations Fees vary significantly by specific association and property type. Examples from recent listings include approximately $495 quarterly ($165 monthly) for some Coco Plum Terraces units and $1,035 monthly for certain Royal Plum properties, covering grounds maintenance, building insurance, cable TV, and structural upkeep in some cases. Additional costs may include quarterly water/TV bills, transfer fees (e.g., $50 upon sale), background check fees for new residents, and vessel approval/insurance requirements. Payments are often handled via management drop boxes or mailed to PO Boxes. Capital contributions or special assessments may apply for major projects.
Rules and Regulations Rules emphasize safety, environmental responsibility, and community harmony. Key regulations from CPBYC include prior board approval for all vessels (with $100k liability insurance minimum, photos, and forms; $100 penalty for non-compliance), no pets or strict leashing/pick-up rules, no open fires except approved propane grills, restrictions on modifications (e.g., fences ≤4 ft, no solid fencing), and quarterly billing for fees. No live-aboards on docks, pump-out requirements, and environmental policies prohibit oily bilge discharge or fish waste in marina areas. All projects require prior notification. Similar guidelines apply across associations, with emphasis on no nuisance uses and compliance with Monroe County codes. Short-term rentals are permitted in some sections with minimum stays (e.g., 7 nights).
Community Amenities and Lifestyle Residents enjoy access to heated swimming pools, oceanfront or canal-side beaches, tennis/pickleball courts, tiki huts with grilling areas, assigned or shared boat slips/docks (up to 40+ ft vessels with water/power), boat ramps, trailer/RV parking, and kayak storage. The community is adjacent to public Coco Plum Beach featuring restrooms, pavilions, and turtle nesting areas. Lifestyle revolves around boating, fishing, and relaxed Keys living with easy access to the Atlantic and Gulf.
Notable Aspects Coco Plum offers an intimate, low-density setting with deep-water access ideal for sailors and anglers. Proximity to US-1 provides convenient travel to Key West or Miami. Multiple associations ensure tailored management, with strong focus on marina and beach preservation. Recent real estate activity shows strong demand for waterfront properties.