Florida Manufacture Home Living is the path to your Florida dream. Homes can be found on individual lots, in subdivisions, resident owned communities, and land-lease parks. The parks range from country club resorts to small groups of rental lots. Some are gated communities, while others might be simply part of a neighborhood. The key to affordable Florida manufactured home living is in knowing the deal before you buy. Our content covers everything manufactured housing; from buying, land or community selection, maintenance, enhancing your lifestyle and much more!. From mobile homes for sale & mobile home parks to manufactured homes and gated communities - we will cover it all. Join us by subscribing to the channel to receive notification when we release the latest episode. Join our Inner Circle (free) and download statewide land-lease park and CoOp lists.
I live in one of these parks and like it. As I've discussed with you in the past, I'm also self insured. I've been following the St Pete area with those funky old parks along US-19 but now that the storm has hit, am wondering if manufacturers even still make replacement mobile homes in those old sizes. I guess Park Models would work but they're classified as RV's and probably aren't allowed. Do you have an opinion on this, perhaps for a future video?
Manufacturers make HUD certified Park models which are typically around 500 ft.² in single wide format and are suitable for manufactured home parks as well as often found in RV parks. Most manufacturers make single wide homes from 40 feet and longer. In fact, I just toured an absolutely beautiful two bedroom one bath single-wide at a Clayton Homes factory in Arizona that I thought was perfect for snowbirds or a young family starting out. At under 80,000 I thought it was a bargain for a new home with warranty. P.S. There is a ANSI Park model built as an R/V but it is not intended for full time occupancy.
@@RussellWatsonFMHL My unit is a 1970 40' unit and it's actually one of the larger units in the park. I'm sure we'll be hearing more about these units as these old parks replace their inventories.
Do these parks or communities have standards as far as the age of the home. Maybe saying the home must be less than 40 years old ??? May be buying a home that in a few years won’t meet the parks standards???
I have heard of parks not allowing a home to be moved into a park if it is beyond a certain age. Once a home is in a park, as long as it is maintained in accordance with park rules, it stays. Some parks have right of refusal under which they buy and replace old or run down homes.
My end goal is to get a bunch of these started. I'm going to try to start out with one trailer park hopefully sometime within the next 10 years. If I'm able to get successful and can open up a couple more trailer parks and get all of the residents there to become a co-owner with me that would be amazing
I’m sure homes of all types saw damage in the path of the hurricane. Even worse for all the wealthy homes on the west coast beaches. My community, which was on the south side of the track, is all good although we lost power.
Don’t do it, I moved here from the southwest just over three years ago to be near family. I felt that for health reasons I needed to be near a close support group. That hasn’t really changed but financially it makes no sense for me to stay here. It’s been an expensive lesson; property taxes and homeowners insurance have increased far beyond what I was budgeting for when I moved down here.
I'm sorry. I've owned 2 mobile homes in Central Florida, but you couldn't give me one now for nothing. Between the weather, insurance, and rents, they just aren't worth it anymore, regardless of the year.
I once lived in a 30 year old mobile home, during superstorm Sandy a 12 inch thick tree fell on the roof, it broke in half because my mobile home was solid, i was very surprised at its strenght. But my brother in FLorida has been ordered to evacuate twice now, that is not the life for me, I am staying here in NY
I like your content. However, in my humble opinion, this isn't a good time to be speaking about buying anything in FLA, right now. I'd say wait till things get back to some semblance of sanity.
I suppose if I was a salesman that might be true. But most folks looking to Florida Manufactured Home Living for educational content are thinking of a move months to years from today.
I am not an attorney and cannot give legal advice but I can tell you that question is addressed by Florida statutes in FS 723.031 ( www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0700-0799/0723/Sections/0723.031.html ). Generally lot rents increase annually.
What are past and present pricing. Are people renting or buying? Great research,,The mobile home communities that moved are not moving into a yet more expensive facility home with the very same contract,,lot rent…I’m curious what’s happening there,,also, great channel, we need this information about this crisis.
I have not done an inventory of parks in Sarasota so I can't say. There are a couple of Co-Ops listed. You can access that list as well as many more resources by joining (free) our Inner Circle: GoToInnerCircle.com
Can you even get home owners insurance for a mobile home in Florida? What would be the typical premium on a $100k home that is not in a flood area with a $5k deductible?
Yes, Insurance is available for both manufactured and mobile homes in Florida. There is no such thing as a "typical premium". Many factors go into the cost of a policy. One of the many I cover, with regard to a buying decision, is age of the home. I just got a quote on a new $250K home in a high risk hurricane area and was astounded to find it was less expensive than a $40K policy on a 1988 home in a less risky county. I discuss all these factors with regard to making an informed buying decision in my MH Buyer Program.
Each park has their own rules. In general, from the parks I have looked at, most limit you to two household pets. But others, like Barefoot Bay - where you own your land, have almost no restrictions.
No pricing means your best bet is to contact the sales organization associated with a park that interests you and get the details. A lot of cost to some folks is a great bargain to others. The goal is to find a community that fulfills your dream while meeting your needs.
I am on the BOD of the National Manufactured Home Owners of America. But most property law that covers manufactured housing is left up to individual states. Florida Manufactured Home Living (My organization that brought you this video) in an LLC.
If you are looking for low lot rent and that is your primary criteria take a look at my coverage of R/V parks in my video on Zephyr hills. R/V parks generally have much lower lot rents. Just keep in mind, once you get well below market rate, the risks increase. The lowest and safest rents (really not lot rent) are found in Resident Owned Communities. I have lots of videos that feature those.
My major problem with these -arks 9s that you don’t own the land your home sits on and you can be tossed out at a moments notice. Add that to the very high lot rent and it’s kind of a double whammy.
First, you cannot be tossed out at a moments notice. FS723.061 has numerous requirements including at least 6 months notice if the park owner intends to change the land use. But, 6 months is little solace. The fact is residents in most (but not all) land-lease parks today run a very low risk of that happening. This is because the lot rents (which I gather you find high) have kept up with (or exceeded) the return the park owner could get by selling the land for other uses. In your case it sounds like a resident owned community might be a better fit.
@@RussellWatsonFMHL ….I feel that the homeowners should be protected against this possibility. People will look at location before entering a park. They may want to be close to amenities or a doctor and a hospital even friends. Being forced to move an entire home isn’t cheap and if the only place you can find is 70 or 80 miles away it’s complicated. Don’t want to sound like I’m against these cites but if the only way to guarantee you don’t have to leave is to pay twice what rent is worth isn’t a good solution. Have a great day sir. 👍
Actually there are many opportunities to buy into the Florida retirement dream that do not require you to be rich or famous. You can buy manufactured homes in resident owned communities for well under $200K where you are either in a CoOp or own your lot fee simple. We also have literally hundreds of thousands for whom land-lease reduced their initial capital requirements to very small numbers. But, like buying anything, there are good and bad choices. That is why buyer education is so important.
I’ve always wondered why the owners of these parcels of land leave them vacant for so long. I guess they’re holding out for a great profit. What do those elevated homes sell for?
I have to imagine they either believe the value will increase at a faster rate than the expenses or they just can't get what they want for it. Also zoning and city planning come into the picture. You can find home info at www.suncommunities.com/florida/ocean-view/find-a-home?
As someone who subscribed to learn more about this style of retirement living, it's a little scary to see parks that appear to be thriving (where I might otherwise consider purchasing), then be closed and gone in such short order. The one where the "abandoned" homes were being demolished, I have to assume they abandon them because the cost of moving them is prohibitive? Also a scary prospect for a senior on a fixed income. Thanks for this video.
As you can see, there are things to learn. Evaluating risk is a part of any deal and buying a home is no different. Buying into a low priced park that's on prime land next door to a Home Depot is something we recommend against in our MH Buyer program. There are a lot of choices in finding a Florida manufactured home park that fulfills your dream and meets your needs.
We each have our own ideas but that house sold in no time as do most, if not all, in that community. If lot rent kills the deal for you, you should consider Resident owned communities (if community living appeals) or a home on acreage with no rules, no restrictions, and no lot rent.
I think it’s awesome that I asked so don’t think that almost $1000 a month sounds worth it. I think I might be better to stay in my home that’s paid off. I do really like your videos though.😊
I'm not pushing any one choice, only that you find the one that fulfills your dream and meets your needs. That certainly can be staying right where you are and enjoying the videos.
@@RussellWatsonFMHL thank you. But I believe that a lot of people are leaving Florida not just because of the hurricanes but because of the price to just rent a piece of land that you don’t even own forever. That’s all I’m saying is that I hope that the elderly take all of that into consideration and can they handle the heat in the summertime. All this stuff should be mentioned.
There is a lot you need to know to make an informed decision. Much more than you can fit in one video. That's why I created the MH Buyer Program. Most MH parks are 94 - 97% occupied with not a lot of homes for sale. Florida has very strong disclosure laws on things like lot rent. Most seniors looking at this option have bought and sold homes, cars, and often have significant investments. Land-lease is one of many options and we cover the costs/risks/benefits of each in great depth within the program.
Beautiful home and great job on the video 👍 i wish I had it on my property id keep the furniture for sure and would love to have a 3 bedroom so I could use one for a office 👍 and use the Florida room for a man cave and it would of been nice if the golf cart was staying 😢
I’m moving to Florida to retire. Thank God I’ll have $350,000 to do so. I’ll get my retirement fund in addition, as well as my social security. I’ll be ok.
Great! Thanks! Please take a sec. and leave a revue on Amazon once you've finished it. They really help others decide if it might be useful to them too.
I live in South Central Alaska and you’d be surprised the number of retirees that move here due to low taxes and senior property tax exemptions. I’ve been here 45 years and I’m hoping this is my last winter here. I’m finishing a duplex that will let me keep our summer places here and have a place down south.
The lot rent is what kills people that are on a fixed income unfortunately the government takes care of the illegals coming into the United States instead of the Americans that have worked all their lives and paid taxes
I am very thankful for your videos. Thank you for all the good information. My wife and I have a Florida dream and are looking for an affordable solution. I appreciate your expertise - it will help us make and educated decision.
I used to have dreams about living in Florida During my retirement years But the cost of living there has dashed my dreams against the rocks I guessI will stay in the Snow With my 4 wheel drive!😎
Aside from age restrictions, are there any other limits between 55+ plus all age communities? My wife and I are considering an all age community in the Winter Garden area due to its proximity to Disney World, but she's concerned about noise. It is a gated community, and I'm curious if there are rules concerning the noise levels and the behavior of the residents.
Most parks have noise rules but kids will be kids and that also means school busses, summer vacations, friends, etc. 55+ would probably serve you better.
Depends on what type of HOA you are talking about. In land-lease parks they are important and usually $10 - $35 a year. They neither make or enforce rules but they can oppose them on behalf of residents.
