Resident Owned Mobile Homes

Resident Owned Mobile Home Parks In Florida Explained


Resident owned mobile home parks and communities in Florida or manufactured home co-op share is ownership interest in the entire mobile home community. You do not own the land that your manufactured home is sitting on (known as fee simple, in traditional real estate). Instead your ownership is comparable to being a stockholder owning interest in the entire community. The monthly fees are generally half of the lot rent fees paid on a land lease basis for those homes without a share.

Cooperative properties are listed on the Multiple Listing Service or MLS along side conventional real estate. When purchasing or selling a mobile home that is part of a co-op you are able to gain massive exposure in both selling your manufactured home or searching to buy your next mobile home.

You pay real estate taxes just as you do on real property. Because the purchase price is relatively low, your taxes are not that high. If you are, or will be a Florida resident, you can homestead the property resulting in significantly lower real estate taxes. Other qualifying reductions in real estate taxes include disability and more.

Our agent and RealtorĀ® Bob Grimes is an expert in co-op properties and can assist you in either selling or buying.

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Clearwater Cascade Lot 210

9790 66th St N Lot 210, Pinellas Park, Florida 33782

11Picture(s)
Vacant lot that includes the co-op share, now priced at $35,000.00, $10,000.00 less than the current share value of $45,000.00 located in Clearwater Cascade Pinellas Park, Florida.Ownership: Co-op ShareAge Restrictions: 55+, second occupant 45+Pet Policy: 1 pet per household; 1 cat or 1 dog 13" shoulders to ground, no weight limit, no vicious breeds.
$35,000
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