Described in a Miami Herald blog as “about as far away from middle class as you can get in Key Largo,” the Ocean Reef Club is home to some of the nation’s wealthiest families.
“Many of the club members don’t want their peaceful enclave to be disturbed by a man who will bring a flood of publicity, Secret Service and unwelcome visitors,” said a Sneed source. “And they have been very vocal about expressing their feelings to the Ocean Reef board.”
Added another Sneed source: “They don’t feel welcoming to someone who they feel disdains their largess and lifestyle.”
On Tuesday, Sneed tipped that a brace of helicopters would transport the president and his entourage to the wealthy gated community. Although the White House would not comment, an Ocean Reef board spokesman verified by phone that the president was coming.
On Thursday, the Federal Aviation Administration issued temporary flight restrictions over Key Largo from Friday through Sunday so pilots will avoid the area, according to their website.
Five helicopters, 57 Secret Service agents? Obama’s trip to a posh golf club not many know about
http://www.reefclub-realestate.com/default.aspx
http://www.reefclub-realestate.com/oceanreefcarrycosts
Estimated Property Ownerships Costs
Ocean Reef 2013-2014
The estimates and guidelines outlined serve you as a quick, ballpark glance at the various costs associated with the enjoyment of property ownership within Ocean Reef and the Ocean Reef Club. Actual costs vary and change. When you select a few properties as candidates for ownership specific costs can be calculated. Consult with Bob or Pamela Evans to “drill down” on actual numbers, etc.
Some items to think about in the 2013-2014 season…………..
ITEM
Description
Note
ORC Equity Membership acquisition
$200,000- Equity plus $15,000- Capital Improvement ($215,000 Total)
1
ORC Equity Membership annual dues
$9,916 for 2014 annual. Various golf options available.
1
ORC Capital Assessment
From $2,500 to $3,300 annually- is a current good estimate. Typically comprised of Operating assessment, fire department fees, and a capital assessment. 2014 is $3,285.
1
ORC Operating assessment
Club bylaws allow it but currently $0-
1
ORCA Membership Dues
Fees about $2,800- to $4,470- based on category of property type.
http://www.russellpostsir.com/eng/sales/usa/featured-alt/gallery-view
Real Estate Listings
A reader submits the following disclosure released by Ocean Reef Club, a country club, which very much unlike America’s 35 million food-stamp recipients, has roughly a $35 million net worth cutoff for members, who enjoy such amenities as 100 foot yachts, a private airport, and two golf courses. It is precisely in connection with golf that we see these very needy multi-millionaires follow in Wall Street’s footsteps and proceed to redistribute wealth away from those who actually work for their money, to those who merely use the dollar as a temporary (or otherwise) replacement for one-ply Cottonelle.
(more at link)
http://www.oceanreef.com/Membership/FAQ-1924.html
Do any famous people live or belong to the club?
One of the great features of a private club such as Ocean Reef is the privacy. Many of our members can come with their family and feel that they are home, away from prying eyes and curious onlookers. Someone famous, whether from business or entertainment is just like everyone else here at the club, a member.
http://www.mcor.org/Portals/0/Documents/MCOR_2011-12_Annual_Report.pdf
OCEAN REEF MEDICAL CENTER FOUNDATION
THE MEDICAL CENTER AT OCEAN REEF 2011-2012 ANNUAL REPORT
Founders Recognition....................................................................11 Founders Society Contributors .................................................... 12 Annual Donors Recognition.........................................................22 Annual Contributors ..................................................................... 23
http://www.washingtontimes.com/news/2014/mar/7/obamas-bidens-jetting-warm-resorts-mini-vacations/
The White House has rented several houses at the upscale Ocean Reef Club in North Key Largo, one of the most exclusive resorts in the nation. The private community features 36 holes of golf, a salon and spa, more than a dozen restaurants, and a 175-slip marina.
“This is a place where we can be ourselves — a place where privacy is paramount, security is assured, and family comes first,” the club’s web site boasts. “We are in a league of our own.”
Obama and his ilk aren’t ‘gated community’ types. If anything they are the sort that ‘barred’ applies.
Lots and lots of CEOs at Ocean Reef. My son goes down their every year as his father-in-law owns 2 places. My son is blown away by the amount of wealth at this place. One major owner I know of is the guy who owns Stryker, a big Obama fan. Actually my son’s fil is also an Obama supporter.