Spanish Cove Property Owners

What Spanish Cove Property Owners does

Spanish Cove Property Owners Association (POASC) is an Alabama non-profit corporation that operates as the homeowners association for Spanish Cove, a covenant-restricted residential community of approximately 1,550 homes on roughly 750 acres along Perdido Bay in Lillian, Lower Alabama. The association was formally incorporated in 1991 after community properties were transferred from developer hands, and is governed by a 9-member elected Board of Directors operating under published bylaws, covenants, and rules/resolutions. Its operating geographies are limited to the Perdido Bay site, adjacent to the Alabama-Florida line near Pensacola, Gulf Shores, and Orange Beach.

The association's product surface is the community itself: it maintains two clubhouses (Cove Clubhouse on Perdido Bay and RV Clubhouse in Land Harbor), a year-round Junior Olympic-size heated pool, a 500-foot pier, more than 200 feet of white-sand beach, tennis/pickleball courts, a fitness center, laundry facilities, picnic areas, playgrounds, a nature trail, shuffleboard, and horseshoe courts, alongside 24-hour security patrol and an extensive volunteer-led activities program. Digital services are minimal and conventional: a member portal/online directory, a local business directory, a monthly newsletter ('The Update'), and a standard HOA website at spanishcove.org. No proprietary technology, mobile application, or API is disclosed.

The revenue model is recurring and diversified across approximately 1,550 member households: quarterly assessments of $221 ($170 POASC fees plus a $51 pass-through to Baldwin County for garbage and yard debris service), an $800 one-time buy-in fee on new owners effective April 1, 2025, and a $150 per-lot transfer fee on property resales effective April 1, 2022. Primary customer segments are retirees (including retired military from Pensacola Naval Base), families with children, RV owners in the Land Harbor section, and manufactured home owners in Perdido Pines; distribution is entirely through property purchase/transfer and word-of-mouth referrals, with no traditional advertising or sales infrastructure.

Name

Spanish Cove Property Owners

Legal name

Property Owners Association of Spanish Cove

Website

https://spanishcove.org

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

1–10 employees

Short description

Spanish Cove Property Owners Association (POASC) is a non-profit HOA managing a covenant-restricted, roughly 1,550-home residential community on Perdido Bay in Lillian, Alabama, funded by quarterly assessments, buy-in fees, and transfer fees.

Ownership category

akta.pro rank

Product category

Residential Community Management (HOA)

NAICS

Residential Property Managers (531311), Services to Buildings and Dwellings (5617)

SIC

Services-To Dwellings & Other Buildings (7340), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Master-Planned Community & POA Management (BPAJAHAD)

akta.pro secondary industries

Homeowners Association (HOA) Management (BPAJAHAB), Association Maintenance, Vendor & Capital Project Management (BPAJAHAM), Association Compliance, Governance & Board Support Services (BPAJAHAN)

Keywords

• Homeowners association management
• Residential community amenities
• Property owners association
• Covenant enforcement services
• Community recreation facilities

Headquarters

HQ city

Lillian

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Quarterly HOA Assessments: Property owners pay quarterly assessments to fund community operations, maintenance, security, and amenities. POASC fees are $170 per quarter plus a $51 per quarter pass-through fee for Baldwin County garbage and yard debris service, totaling $221 per quarter as of April 1, 2025.
2. Buy-in Fee: One-time buy-in fee of $800 required upon joining the community, effective April 1, 2025.
3. Transfer Fee: Transfer fee of $150 per lot charged when property ownership changes, effective April 1, 2022.

Pricing tiers

Distribution channels1 record

Marketing channels5 records

Core offering

Property Owners Association of Spanish Cove (POASC) is a non-profit homeowners association managing a covenant-restricted residential community of approximately 1,550 homes across four neighborhoods on Perdido Bay in Lillian, Alabama. The association provides HOA management services including covenant enforcement, common property maintenance, road maintenance, and financial administration funded by quarterly member assessments of $221 per quarter. It operates shared amenities (two clubhouses, Junior Olympic-size pool, beach, 500-foot pier, tennis/pickleball courts, fitness center, nature trail, playgrounds), 24-hour security patrol, and a comprehensive activities program for residents.

Product overview

Spanish Cove Property Owners is a covenant-restricted residential community HOA providing comprehensive property management and lifestyle services. The association operates approximately 1550 homes across four distinct neighborhoods (Land Harbor/RV, Perdido Pines/Manufactured, Spanish Oaks, and Bayside) on Perdido Bay in Lower Alabama. The portfolio consists of physical amenities including two clubhouses (Cove Clubhouse and RV Clubhouse), a year-round Junior Olympic-size pool, beach, 500-foot pier, tennis/pickleball courts, fitness center, nature trail, playgrounds, shuffleboard/horseshoes, and picnic areas; core services including 24-hour security patrol, comprehensive activities program, and HOA management; and digital services including member portal/online directory, business directory, and monthly newsletter (The Update). The community is managed by a 9-member Board of Directors with full-time Operations Manager and staff.

Differentiator

Problem solved

Functional benefit

Products and services

• HOA Management Services Property Owners Association management including covenant enforcement, common property maintenance, road maintenance, quarterly assessments ($221 per quarter including trash), and financial administration for the Spanish Cove community of approximately 1,550 homes established in 1974.
• Cove Clubhouse Main clubhouse facility on Perdido Bay with stone fireplace, full kitchen, dance floor, free WiFi, outdoor deck with grill, and bay views; open 6 a.m. to midnight daily with key fob access and available for private property owner reservations at no charge.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• The Villages: Large-scale master-planned retirement community in central Florida with extensive amenities, multiple neighborhoods, and POA-style governance. Conceptually the closest analog to Spanish Cove's covenant-restricted, amenity-rich community model, though materially larger in scale.
• Pelican Bay Foundation: Large master-planned Gulf Coast community in Naples, Florida with extensive amenities (beach, clubhouses, tennis, fitness) governed by a member-elected foundation board. Highly analogous to Spanish Cove's structure and coastal amenity-driven model.
• Lost Key Golf & Beach Club: Master-planned golf and beach community on Perdido Key, Florida — directly adjacent to Spanish Cove on Perdido Bay, sharing geography, target demographics (Gulf Coast retirees/second-home owners), and a comparable covenant-restricted amenity model.
• Mediterra (Bonita Springs): Gated master-planned luxury community in Bonita Springs, Florida with two clubhouses, tennis, fitness, and private beach access. Comparable in covenant-restricted amenity depth and member-governed association structure, though at higher price points.
• Bay Colony Community: Exclusive Gulf Coast master-planned community in Naples, Florida with beach club, tennis, and dining amenities governed by an elected member board. Strong comparable for member-funded amenity stewardship on the Florida Gulf Coast.
• On Top of the World Communities: Owner-governed retirement community in Ocala, Florida with multiple neighborhoods, extensive amenities, and HOA/POA structure. Operates at a meaningfully larger scale but follows the same member-funded, amenity-rich community model as Spanish Cove.

Emerging players

• Latitude Margaritaville: Developer-built 55+ active-adult communities with strong amenity packages modeled on Jimmy Buffett lifestyle branding. Comparable in target demographic and Gulf Coast/Southeast positioning but owned and managed by a developer, not a self-governed homeowners association.

Broad incumbents

• Del Webb (Sun City Communities): National developer-operator of 55+ active-adult master-planned communities with deep amenity portfolios, community associations, and HOA governance. Comparable in retiree targeting and amenity philosophy, though Del Webb is developer-controlled rather than owner-governed like Spanish Cove.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/spanish-cove-property-owners

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spanish Cove Property Owners