Gated communities, residential developments with defined entrance and exit points, are attractive because they offer a sense of exclusivity, privacy and safety. Residents of gated communities often feel they have their own little slice of heaven guarded against the outside world.
Aside from their gates or walls, the second most defining characteristic of gated communities is the Homeowner’s Association (HOA). The HOA is made up of all the owners of the development and is responsible for collection of the Association fees and making and enforcing the rules of the community. The HOA is often also responsible for maintaining the public aspects of the community, such as streets, security, parks, etc.
The rules set by the HOA can vary a great deal, depending on the individual community. Typically it will have rules pertaining to upkeep and appearance of homes within the development, specifying the colors of paint on outside walls, types of fencing, guidelines for landscaping and storage of boats or recreational vehicles.
It is fair to say that gated communities aren’t for everyone. But for those buyers looking for strong protection of property values, increased security, less traffic and amenities for a specific lifestyle, they are very appealing.
Here are four of the more popular gated communities in St. Petersburg.
Bayway Isles is a gated, deed-restricted neighborhood consisting of two islands in the southwestern part of the city. The islands are home to almost 200 families and a variety of single family homes, condos and townhomes. The community extends southward from the Pinellas Bayway causeway into the waters of southern Boca Ciega Bay.
The Caya Costa neighborhood is located on the Riviera Bay, a protected area just off of Tampa Bay in the 33702 zip code. It consists of about 230 homes that was developed in mid-1980s. Many of the homes in Caya Costa are waterfront with access to Riviera Bay. There are also a few homes are sitting on the interior lake with no access to the big water.
Situated on a serene 88-acre site that includes a beautiful 24-acre wildlife preserve, nature trails and boardwalks on Boca Ciega Bay, the 360-home community offers an elegant common area, while 3 swimming pools, tennis courts, and a 2-acre beach with pavilion add amenities and grace to the 46 single family home sites and 7 condominium buildings. The homes here feature contemporary Mediterranean architecture with friendly front porches and garages tucked discreetly in back. This style of community is very unique to this area, and homes don’t pop up for sale here very often.
Placido Bayou is a 361 acre neighborhood is filled with 10 ponds, 636 homes and several preserve areas. It is home to various kinds of wildlife and birds. Some homes have water access to Placido Bayou which leads out to Tampa Bay. Townhomes and single family homes range in price from $200,000 to $1,000,000+.
For more about gated communities, properties for sale within them, please give a call to The Mesimer Team at 727.686.2859.