One of Florida’s largest HOA communities, Hammocks Community Association in Miami’s West Kendall neighborhood, generated significant media attention for the wrong reasons. The HOA’s president and several board members were arrested and charged with a wave of alleged crimes, including racketeering, money laundering, falsifying evidence and more.
This saga underscores the need for condominium buildings to have sound and responsible oversight. For instance, the developer of the Merrick Manor in Coral Gables has gone above and beyond to ensure the brand-new building is well-maintained with a balanced budget and robust reserves.
That was not the case at the Hammocks, as the Miami Herald details. The allegations unveiled by the Miami-Dade State Attorney accuse board members of “stealing at least $2 million of their neighbors’ maintenance fees, partly by writing HOA checks to phony companies that didn’t do the work. And apparently the financial abuse had been going on for years.”
The Herald column notes that if this kind of activity was occurring at a community as large as the Hammocks, then how much of this is happening at smaller, low-profile HOAs?
At Merrick Manor, a proactive developer and hands-on management team ensure owners have peace of mind in knowing there won’t be any unwanted surprises down the road. They prioritize the physical and financial health of the building above all.
Located at 301 Altara Avenue, the 10-story, 227-residence Merrick Manor’s pet-friendly amenities and lifestyle truly cannot be beat. Merrick Manor is just steps away from the world-class Shops at Merrick Park and has a Zillow Walk Score of 77, making it “very walkable.” The building is surrounded by three championship golf courses and is just 20 minutes from Miami Beach.
Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative for Merrick Manor.
For more information about the residences at Merrick Manor, visit the new Sales Gallery in Suite 117 on the ground floor of the building at 301 Altara Ave., Coral Gables, FL 33146 – or contact the Berkshire Hathaway HomeServices EWM Realty team by calling (305) 779-6870. The Sales Gallery is open from 10 a.m. to 6 p.m. on Monday through Friday.
For more information about the Commercial spaces at Merrick Manor please call ONE Sotheby’s Manny Chamizo III (786) 486-6655.