Castaway Cove Wave IV & V HOA Fees, Rules & Amenities (Vero Beach, FL)

Vero Beach, Florida

Last Updated: April 18, 2026

About This Community

Modern planned community offering great community living.

Estimated Monthly HOA Fee

$350

Est. Yearly Fee$4,200/yr

HOA Rules & Restrictions

Rentals Allowed

Airbnb / Short-term Rentals

Pet Friendly

Yes

Pet Restrictions

No breed restrictions, must be leashed in common areas

Parking Rules

2 vehicles per unit, guest parking available

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Rental Status

Rentals AllowedNO

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Amenities

Fitness Center

Clubhouse

Frequently Asked Questions About Castaway Cove Wave IV & V

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HOA's Hub Insights

Castaway Cove Wave IV & V is a premium community located in Vero Beach, Florida, with estimated monthly HOA fees of $350. This positions it as a higher-tier community typically offering expanded services and upkeep. The neighborhood features pet-friendly policies, making it appealing for animal lovers. On the rental side, Castaway Cove Wave IV & V restricts rental activity, which helps maintain a stable owner-occupied community feel. Short-term rentals such as Airbnb are not permitted, which can contribute to a quieter, more residential atmosphere. Residents enjoy access to community amenities including Fitness Center, Clubhouse, which add everyday value and enhance quality of life. Parking in Castaway Cove Wave IV & V follows established guidelines — rules are in place to keep streets and driveways accessible for all residents. Buyer tip: always review the full CC&Rs (Covenants, Conditions & Restrictions) and recent meeting minutes before purchasing, as rules and fee structures can change. Use HOA's HUB to compare this community's fees and policies with similar neighborhoods in Vero Beach to ensure you're making a well-informed decision.