FAQ'S
Sales Process
How does one apply for membership?
- A membership application must be submitted.
- Background check and approval process in 10 days.
Once approved, what are next steps?
- Membership must be paid with financing available.
- First quarter dues must be paid in full.
How much is membership/annual dues?
- Membership to the club is $400,000.
- Current annual dues can be provided by the Club’s property manager.
Is financing available?
- $200,000 is available at 7% interest, note is due December 30th 2027, interest only until paid or due.
Is this a timeshare or fractional ownership?
- No, this is a membership similar to joining a golf club.
Who owns the property?
- The property is owned by Maison Residence 2 LLC which is managed by the Heaton Family Trust.
How many memberships are available?
- The club will offer up to 52 memberships.
What happens if the Club does not sell out?
- The sponsor owns the balance of the weeks.
What do I receive when I become a member?
- Member will receive a membership certification and member number.
- Member log in to website and portal.
What Does it Mean to be a member?
What do I get for being a member?
- A member will receive four weeks of use of a 4-bedroom/4.5-bath luxury condo in The Maison Residences community in Islamorada mile marker 80.6.
- The club will have exclusive use which consist of 4 luxury residences. The four all have the same floor plan but different décor and bed types.
How do I pick my weeks?
- During the first year of the club, all four weeks will be chosen once membership is paid.
- Year two selections will be made in September based on when your membership was initiated.
- Once memberships are sold out, the club will go to reservation rotation discussed in membership contract.
What do I have access to as a member?
- Member will have access to water sports, fishing gear, bicycles, and a boat from the club fleet.
- Community amenities (beach, pool, fishing pier, Summer Kitchen ad fire pit)
Can I use the amenities when I’m not
using the condo?
- Club amenities are only available to members while using their selected weeks.
What other type of amenities does the club offer?
- The club offers a full slate of amenities from third party vendors but may require an additional fee.
What if I don’t want to use my week or weeks?
- Weeks can be rented to the general public for a 10% administrative fee plus going industry commission rates.
Can I trade weeks with other members?
- Yes, weeks can be traded with other members.
- Prior to the membership selling out, additional weeks can be reserved at a 50% discount off the rack rate.
What do the monthly dues cover?
- Monthly dues cover all the operational cost per our annual budget.
- The annual budget is presented to members in November for following year.
What if I no longer want to be a member?
- Memberships can be sold at any time either by presenting a buyer to the club or requesting the club to sell the membership.
What can the membership be sold for?
- Memberships can be sold at market value.
If the 4 residences in building two are sold, who gets the money?
- 100% net proceeds to members until their initial membership costs are paid back. Any net funds beyond the original membership costs are shared 50:50 with members Pro rata and sponsor.
Do other owners on the property have access to the Club’s amenities or service?
- No, the other owners have access to the common areas.
What are total number of guests that may stay in the unit?
- 10
Is there a Board made up of members?
- Yes
What insurance is carried by the property?
- All
What year was the property built?
- 2021
