The Foundry HOA Info
The Foundry is a distinctive condominium community located within the historic Truman Annex in Key West, Florida 33040. Developed in the early 1990s, it features townhomes and condos creatively converted from an old foundry building, offering a unique blend of historic charm and modern island living. The community is part of the larger gated Truman Annex neighborhood, providing residents with proximity to waterfront parks, Duval Street, Mallory Square, and vibrant downtown attractions.
HOA Fees and Financial Obligations
HOA fees for The Foundry properties are significant due to the premium location and included services. Recent listings indicate fees around $4,012 quarterly (approximately $1,337 monthly), which typically cover cable TV, security, grounds maintenance, building insurance, and structural maintenance. Fees are managed through the homeowners association and may be subject to annual adjustments. Owners should verify current amounts and any special assessments directly with management.
Rules and Regulations
As a gated community within Truman Annex, The Foundry adheres to strict guidelines typical of Key West historic districts and master associations. Restrictions often include limitations on short-term rentals and transient licenses, as evidenced by recent legal actions by Truman Annex HOAs against the city. Architectural standards, pet policies, and parking rules apply to maintain the community's aesthetic and quiet residential character. Compliance with Truman Annex Master Property Owners' Association (TAMPOA) guidelines is also required.
Community Amenities and Lifestyle
Residents enjoy a secure, walkable lifestyle in a historic setting. The gated environment offers privacy and safety, with easy access to Key West's beaches, dining, and nightlife. Assigned parking and proximity to public waterfront areas enhance convenience. The community emphasizes preservation of its unique industrial heritage while providing modern comforts.
Notable Aspects
The Foundry stands out for its adaptive reuse of historic structures, making it one of Key West's most sought-after addresses. Its location in Truman Annex provides exclusivity rarely found on the island. Recent HOA activities include advocacy on local issues like rental regulations.
Management Company: Castle Group (Castle Management) Phone: Details not publicly available (contact via Castle Group website castlegroup.com) Email: Details not publicly available Website: castlegroup.com Address: c/o Castle Management, 12270 SW 3rd Street Suite 200; Principal Address: 300 Southard Street Suite 108, Key West, FL 33040
The Foundry Homeowners' Association, Inc. (Document N94000000430) is also affiliated with Truman Annex Master Property Owners' Association.