Truman Avenue in Key West, FL 33040 forms part of the historic Truman Annex neighborhood, a gated residential community originally developed on former naval base land. The area features a mix of single-family homes, townhomes, and condos with strong HOA oversight through the Truman Annex Master Property Owners' Association, Inc. (TAMPOA) and sub-associations like Shipyard Condominium Association.
HOA Fees and Financial Obligations HOA fees for condos in Truman Annex typically range from $400 to $1,200 per month, varying by unit size, value, and specific association. These fees often cover wind and flood insurance, water, sewer, grounds maintenance, building insurance, pest control, and management services. Some properties, such as 1014 Truman Ave #202, list monthly HOA fees around $855 including specific services like maintenance of grounds and structure.
Rules and Regulations The community enforces strict standards for maintenance, landscaping, and appearance to preserve its manicured, residential character. Rental policies are tightly regulated, with transient (short-term) rentals limited to eligible units under city permits managed partly by HOAs, often capped at less than 26 weeks per year. Gated access, noise rules, and architectural guidelines are common. Multiple HOAs, including TAMPOA, have been involved in legal matters with the city regarding rental licensing.
Community Amenities and Lifestyle Residents enjoy a peaceful, walkable environment with tree-lined streets, white picket fences, and proximity to Duval Street, Mallory Square, and Fort Zachary Taylor State Park beach. Gated security, private parking (rare in Key West), community pools, and well-maintained common areas contribute to a resort-like yet residential feel.
Notable Aspects Truman Annex is one of Key West's few gated communities, offering controlled access and a blend of historic charm with modern planning. It balances residential living with easy access to waterfront parks and downtown attractions. Buyers should verify specific unit rental rights and HOA documents due to varying sub-association rules.
Management Company: Truman Annex Master Property Owners' Association, Inc. (TAMPOA) Phone: (305) 293-0251 Email: Details not publicly available Website: www.tampoa.com or tampoa.sites.townsq.io Address: 300 Southard St, Suite 108, Key West, FL 33040