Punta Gorda Isles and Burnt Store Isles are Deed Restricted Communities. Essentially, it means there are neighborhood covenants that were created to maintain a certain standard of living. In general, these covenants are not overly restrictive and essentially prevent homeowners from creating or maintaining some type of nuisance condition. Such as boats and recreational vehicles in the yard, junk cars in the driveway, tall grass and others.
In reality, it keeps the neighborhood nice without being overly restrictive. It does create a neighborhood that has a certain uniformity such as barrel tile roofs but is not overly restrictive on home design. Your can have a fenced yard but just not a fence that would be obtrusive to neighbors such as a 6’ high privacy fence. You can still park your truck or SUV in the driveway and you can paint your home the color of your choice.
There are no mandatory fees and most people are happy they are in place. Information about the deed restrictions and unique land regulations of Punta Gorda Isles can be found here: PGI Unique Land Regulations.
I have never had a prospective home buyer review the deed restrictions and decide not to buy because of their review.
The deed restrictions for Burnt Store Isles can be accessed by clicking the link: Burnt Store Isles deed restrictions. The deed restrictions between these two boating communities is very similar.
One important feature of these communities is that the City of Punta Gorda owns the canals and seawalls. This is an advantage because any repairs that need to be made are handled by the city and not the landowner. For instance, if your seawall needed replaced, the city would bare the burden of expense saving the homeowner a lot of money.