Are you looking to move to Sarasota, Florida permanently?
Ever thought about buying a second home or a home you can retreat to when the winters up North become unbearable?
Yes?
Am I speaking to you there?
I thought so!
I too, am originally from the Midwest, and over time grew extremely tired of the freezing cold winters and gray skies that seemed to linger for months on end!
Florida is well-known for its high quality of life and low cost of living. Communities of all types, from those catering to retirement communities to those catering to people living in mobile homes, have found a home in Florida.
Those who choose to make Florida their home can settle either inland or along the coast. The large size of the state makes it possible for a wide range of manufactured housing options, including the increasing popularity of mobile home communities and the purchase of prefabricated homes for individual lots.
When looking at purchasing a mobile home in the greater Sarasota Florida area there are several factors that every Buyer has to be fully aware of before making an offer and pursuing park approval for residency in the mobile home park.
Let me tell you, from personal experience, palm trees and ocean breeze never gets old!
After personally living in the Sarasota area for several years now, I feel no better place along the Gulf Coast of Florida offers this much bang for your buck when it comes to affordable housing.
When looking at living in the Sarasota area, I would suggest you take a look at the affordability of living in a mobile home. Mobile home parks are all over the Gulf Coast of Florida, with over a hundred parks being located right here in Sarasota.
The parks here in Sarasota range quite a bit from traditional mobile home communities, where you buy the home and rent the land to resident-owned parks, where you own both the home and the land that it sits on. There are also several different types of age-qualified parks, as well as family parks in the area to choose from.
Mobile home in Florida
One of the reasons why so many people decide to make a mobile home their place of residency is the affordability of these homes. Prices on mobile homes can vary quite a bit from a few thousand dollar fixer uppers to well over six figures for the latest models with all the bells and whistles the industry currently has to offer. One, two, and three-bedroom single-wide, and double-wide mobile homes, are available all over the area at very affordable pricing. Operating costs in a mobile home are very reasonable, but the electricity usually runs under a hundred dollars a month.
Many parks provide other basic utilities within the monthly lot rent payment. These utilities are water, sewer, lawn maintenance, and garbage pickup, as well as the cost of the upkeep of all public areas the park has to offer. Lot rent can vary quite a bit in Sarasota from the low end of about $500 to well over a thousand dollars a month.
The main reason why lot rent varies so much in Sarasota is due to the location and the amenities that the park offers its residents.
If the park is located down the street from the Gulf of Mexico, expect to pay more. If the park offers a gated entrance with 24-hour security and resort-style living, you will be paying extra for those amenities.
The great part of all of this is that the location and the amenities these parks offer come at a fraction of the price compared to if you were renting an apartment or buying a single-family home in the area.
This is one of the main reasons why a mobile home is such a popular choice for those who want to call Sarasota Florida home, either full-time or just for the winter.
Whatever your budget is, or what your interests are, I believe Sarasota has a mobile home that will suit all of your needs.
In addition, buying a mobile home also needs a strategic land decision. While a privately owned parcel has a certain allure at first blush, leasing land in a mobile or manufactured home park also provides value. These are critical items to check off when considering buying a mobile home in a park. Usually owning a mobile home placed in park decreases in value over time. This is why you want to make sure to have the information pack with you before making a purchase. Go through these questions and understand how to buy a mobile home in a park.
- How much is the homeowner’s association fee (HOA)?
- Does the park have common areas you can utilize?
- Does the mobile home park have gated security?
- Do you receive adequate land and privacy to meet your needs?
- Can leased land be owned over time?
- Can you get a minimum 3-year lease to help qualify for a federally guaranteed mortgage?
- What are the advantages of purchasing a mobile home in a park?
Buying a new mobile home and having it delivered to a leased land park can lower your monthly mortgage costs and provide you with more money for leisure spending. Not having to purchase land upfront also helps many first-time buyers qualify for home loans in 2021. Home loans can be complicated if not done correctly. It is always recommended to check different options before buying a new mobile home.
This is Mark Kaiser with the Mobile Home Dealer, and we help mobile home buyers and sellers get to a better place in life.
See Also:
- Why Live In A Sarasota Resident-Owned Mobile Home Park?
- Is Using A Mobile Home Broker To Sell Your Mobile Home In Sarasota Needed?
- Is The Mobile Home You Are Buying In Sarasota Real Property?
- How Much Does It Cost To Sell Your Mobile Home Yourself In Sarasota?
- What Is The Best Option To Sell Your Mobile Home In Sarasota?