Cay Polynesia is a small waterfront-adjacent condominium community located at 255 Sunrise Drive in the Village of Key Biscayne, Florida 33149. Built in 1965, this 3-story building features approximately 30 units, offering residents a convenient location just a few hundred yards from the beach in one of Miami's most desirable island communities. The property is managed as a condominium association rather than a large master-planned HOA.
HOA Fees and Financial Obligations
Monthly HOA or condo fees typically range from approximately $400 to $500 per month, varying by unit size and specific assessments. These fees generally cover building maintenance, insurance, pool upkeep, and common area expenses. Recent listings have shown fees such as $496/month and $403/month. Property taxes for individual units are separate and average several thousand dollars annually. Detailed financial statements, reserve studies, or special assessment history are not publicly detailed on general real estate sites and would require direct contact with the association.
Rules and Regulations
As a condominium, Cay Polynesia follows standard Florida condominium association guidelines under Chapter 718. Specific rules likely include pet restrictions, rental policies, and maintenance responsibilities for unit owners. No publicly available detailed governing documents (bylaws, declarations, or rules) were located in searches. Prospective buyers or residents should request the full package of association documents, including any amendments regarding leasing, alterations, or use of common elements.
Community Amenities and Lifestyle
Residents enjoy a community swimming pool, assigned parking, barbecue areas, and elevator access. The location provides easy beach access and proximity to Key Biscayne's parks, shops, and dining. The small scale fosters a quiet, residential atmosphere ideal for those seeking low-maintenance island living close to the water.
Notable Aspects
Cay Polynesia stands out for its vintage 1960s architecture with many units having been renovated. It offers an affordable entry point into Key Biscayne compared to newer luxury towers. The building is not part of a larger gated community but benefits from the overall appeal and security of the Village of Key Biscayne.
Management Company: Certified Property Management Corporation Phone: 305-365-3801 Email: Details not publicly available Website: Details not publicly available Address: 1801 Coral Way Ste 305, Miami, FL 33145