Tag: mobile home lot rent prices near me

Comparing Lot Rents in Florida: Which Regions Offer the Best Value for Mobile Home Owners?
Florida is a prime destination for mobile home living, thanks to its warm climate, diverse communities, and the affordability of mobile homes. However, lot rents can vary significantly from one region to another, impacting the overall cost of living for mobile homeowners. In this article, we will conduct a comparative analysis of lot rents across various regions in Florida, identifying areas that offer the best value for mobile home residents.

1. South Florida

Key Areas: Miami, Fort Lauderdale, West Palm Beach

Average Lot Rent: $800 – $1,200 per month
South Florida is known for its vibrant lifestyle, beautiful beaches, and bustling cities. However, the cost of living can be high, especially in urban areas like Miami and Fort Lauderdale. Mobile home park lot rents in these regions tend to be on the higher end of the spectrum due to demand and proximity to amenities. While residents enjoy access to entertainment, dining, and cultural attractions, those seeking affordability may want to look further north or inland.

2. Central Florida

Key Areas: Orlando, Kissimmee, Ocala

Average Lot Rent: $600 – $900 per month
Central Florida offers a balance between affordability and access to attractions. Orlando, known for its theme parks and entertainment options, has mobile home parks with relatively moderate lot rents. Kissimmee and Ocala provide more affordable options, with rents often below $800. Central Florida is a popular choice for retirees and families alike, with ample recreational opportunities and community amenities.

3. North Florida

Key Areas: Jacksonville, Gainesville, Tallahassee

Average Lot Rent: $500 – $800 per month
North Florida generally has some of the most affordable lot rents in the state. Jacksonville, being the largest city, has a wide range of mobile home parks with competitive rents, while Gainesville and Tallahassee offer even lower rates. This region is ideal for those looking for a quieter lifestyle, with a mix of urban and rural environments. The cost of living is significantly lower than in South Florida, making it a great option for budget-conscious residents.

4. The Panhandle

Key Areas: Pensacola, Panama City Beach, Destin

Average Lot Rent: $400 – $700 per month
The Florida Panhandle is known for its stunning beaches and natural beauty, offering some of the most affordable lot rents in the state. Pensacola and Panama City Beach have mobile home parks with rents often below $700. This region attracts retirees and vacationers, with a slower pace of life and access to outdoor activities. Residents enjoy a sense of community and often participate in local events and gatherings.

5. Southwest Florida

Key Areas: Fort Myers, Naples, Sarasota

Average Lot Rent: $600 – $1,000 per month
Southwest Florida boasts beautiful beaches and a wealth of outdoor activities. Lot rents in this region can vary widely, with Naples typically being on the higher end due to its luxury market. However, Fort Myers and Sarasota offer more affordable options, often around the $600 mark. The region is popular among retirees and families looking for a vibrant community and access to quality amenities.

Conclusion

When comparing lot rents across Florida, it’s clear that North Florida and the Panhandle offer the best value for mobile homeowners, with lower average rents and a peaceful lifestyle. Central Florida strikes a balance between affordability and access to urban amenities, while South Florida’s rents tend to be higher, reflecting the demand for its vibrant lifestyle. Southwest Florida presents a mix of affordable and higher-end options, appealing to various demographics.

Ultimately, the best region for mobile home living in Florida depends on individual preferences, lifestyle needs, and budget considerations. By evaluating the cost of lot rents alongside available amenities, prospective mobile home residents can make informed decisions about where to settle down in the Sunshine State.

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October 15, 2024
Negotiating Lot Rents: Tips for Mobile Home Owners in Florida
Negotiating lot rents can be a daunting task for mobile homeowners in Florida, particularly as costs continue to rise in many parks. However, with the right strategies and a clear understanding of your lease agreement, you can successfully negotiate more favorable terms with park management. Here are practical tips to help you navigate the process effectively.

1. Understand Your Lease Agreement

Review Lease Terms

Before initiating any negotiations, take the time to thoroughly review your lease agreement. Understanding the terms and conditions of your lease is crucial for effective negotiation.
- Rent Increase Clauses: Identify any clauses related to rent increases. Many agreements specify how much and how often rent can be raised.
- Duration of Lease: Check the duration of your lease. Longer leases may offer more stability, while shorter leases may allow for more frequent negotiations.
- Included Services: Understand what services and amenities are included in your lot rent. This can include water, trash collection, maintenance, and access to community facilities.
Know Your Rights

Familiarize yourself with Florida’s laws regarding mobile home parks and tenant rights. This knowledge can empower you during negotiations and help you understand what is reasonable to ask for.
- Florida Statute 723: This statute regulates mobile home parks in Florida, outlining tenants’ rights and park owners’ responsibilities. Knowing this information can give you leverage in negotiations.
2. Research Comparable Lot Rents

Market Comparison

Gather data on what other mobile home parks in your area charge for lot rent. This information can help you establish a fair range for negotiations.
- Online Listings: Check real estate websites and local listings for comparable mobile home parks and their lot rents.
- Talk to Neighbors: Speak with other residents in your park or nearby parks to gather insights on their lot rents and experiences with negotiations.
Understand Local Market Trends

Stay informed about local real estate trends that might affect lot rents, such as demand, nearby developments, or economic factors. Understanding these trends can help you argue for a reasonable rate based on current market conditions.

3. Prepare Your Case for Negotiation

List Improvement Suggestions

If you have made improvements to your mobile home or the lot itself, be sure to highlight these during negotiations. Improvements can justify a lower lot rent or at least prevent an increase.
- Landscaping: If you have improved the landscaping or aesthetics of your lot, document these changes.
- Upgrades: Highlight any upgrades to utilities or structures that enhance the overall value of the park.
Build a Value Proposition

Create a list of reasons why negotiating your lot rent is beneficial for both you and the park management. Emphasizing your positive contributions to the community can strengthen your case.
- Community Stability: As a long-term resident, you contribute to the park’s stability, which benefits all residents and the management.
- Timely Payments: If you consistently pay your rent on time, emphasize your reliability as a tenant.
4. Initiate the Conversation

Schedule a Meeting

Once you’re prepared, request a meeting with park management to discuss your lot rent. Ensure you choose a time when they are likely to be receptive and open to discussion.
- Professionalism: Approach the meeting with professionalism. Treat it as a business discussion rather than a personal confrontation.
Present Your Case

During the meeting, present your case clearly and confidently. Use the data you’ve gathered to back up your requests.
- Be Specific: Clearly state what you’re asking for, whether it’s a reduction in lot rent, a cap on future increases, or additional services included in your rent.
- Listen: Allow park management to share their perspective and reasoning. Listening can foster a more collaborative environment.
5. Discuss Improvements and Amenities

Highlight Community Enhancements

If you believe improvements to the community could justify your request, be prepared to discuss these with park management.
- Shared Amenities: Discuss whether the amenities provided align with the lot rent you are paying. If certain amenities are lacking or not being maintained, this can be a valid point for negotiation.
- Maintenance Issues: If there are unresolved maintenance issues in the park, bring these to management’s attention as a basis for your negotiation.
Suggest Shared Improvements

Propose ideas for community enhancements that could benefit all residents, possibly leading to a more stable or lower rent structure.
- Community Events: Suggest organizing community events to build camaraderie among residents, which can enhance the park’s overall appeal and stability.
- Safety Improvements: Discuss any potential safety improvements, such as better lighting or security measures, that could improve the living environment for everyone.
6. Be Open to Compromise

Flexibility in Negotiations

Be prepared to compromise during negotiations. Park management may have their own constraints and may not be able to meet all your requests.
- Alternative Solutions: If they cannot lower the rent, consider negotiating for other benefits, such as enhanced maintenance services or improvements to community amenities.
- Long-Term Agreements: Consider proposing a longer lease agreement in exchange for a more favorable rent rate.
7. Follow Up in Writing

Document the Agreement

After the negotiation, summarize the key points discussed and any agreements made in writing. This creates a record that both parties can refer to later.
- Confirmation Letter: Send a follow-up email or letter thanking the management for the meeting and outlining the agreed-upon terms. This documentation can help prevent misunderstandings in the future.
Stay Engaged

Continue to engage with park management on a regular basis. Keeping an open line of communication can foster a positive relationship and make future negotiations easier.

Conclusion

Negotiating lot rents can be challenging for mobile homeowners in Florida, but with careful preparation and a strategic approach, it’s possible to achieve a favorable outcome. By understanding your lease agreement, researching comparable rents, and presenting a well-prepared case, you can confidently navigate negotiations with park management. Remember to stay professional, be open to compromise, and document all agreements for a smoother process in the future.

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October 15, 2024
10 Florida Mobile Home Parks with the Lowest Lot Rents
Living in Florida offers sunshine, warm weather, and the allure of beach life. However, for many, the cost of traditional housing can be a barrier. Fortunately, mobile home parks provide an affordable alternative, allowing residents to enjoy the Sunshine State without breaking the bank. This article explores 10 Florida mobile home parks known for their budget-friendly and lowest lot rents.

Finding the Right Park

Before diving into the list, it’s important to remember that lot rent is just one piece of the puzzle. Consider factors like park amenities, age restrictions, and proximity to desired locations. Additionally, advertised rent might only include some fees. Be sure to inquire about additional charges for utilities, trash collection, or amenities.

Top 10 Budget-Friendly Mobile Home Parks in Florida
1. Horizon Village Co-Op (North Fort Myers): This resident-owned cooperative boasts a strong sense of community alongside some of the lowest lot rents in Florida. Estimated monthly lot rent: $300-$400.
2. Pine Tree Park (Deerfield Beach): Situated near the beach and offering a variety of amenities, Pine Tree Park caters to residents 55 and older. Estimated monthly lot rent: $400-$500.
3. Orange Acres Mobile Home Park (Sarasota): This all-ages park is centrally located in Sarasota, with easy access to shopping and dining. The estimated monthly lot rent is $350-$450.
4. Lady Lake Mobile Home Community (Lady Lake): Located near The Villages retirement community, Lady Lake attracts residents of all ages seeking a peaceful and affordable environment. The estimated monthly lot rent is $300-$400.
5. Palm Haven Mobile Home Park (Sebring): This quiet park in Sebring provides a relaxed atmosphere for residents 55 and older. The estimated monthly lot rent is $300-$400.
6. Country Village Mobile Home Park (Wauchula): This all-ages park boasts a friendly atmosphere and a convenient location near I-75. The estimated monthly lot rent is $250-$350.
7. Sunshine Mobile Home Park (Fort Myers): This all-ages park offers a variety of lot sizes, basic amenities, and a central location in Fort Myers. The estimated monthly lot rent is $350-$450.
8. Colony Cove Mobile Home Park (New Port Richey): This all-ages park offers a mix of amenities and a convenient location near Tampa Bay. The estimated monthly lot rent is $300-$400.
9. Westwind Mobile Home Park (Dunedin): This all-ages park offers a peaceful setting near the Gulf Coast with easy access to Dunedin’s charming downtown. The estimated monthly lot rent is $400-$500.
10. Lakeview Estates (Lake Wales): This all-ages park provides a scenic setting near several lakes and offers basic amenities. Estimated monthly lot rent: $250-$350.
Important Considerations

Remember, these are estimated rent ranges, and actual costs can vary. Always contact the park directly to confirm current rates and any additional fees.

Beyond Lot Rent

While lot rent is a significant cost factor, consider other expenses associated with mobile home living. These may include:
- Mobile home purchase or lease: The cost of the mobile home itself can vary greatly depending on size, age, and condition.
- Utilities: Electricity, water, and sewer costs will depend on usage and park policies.
- Maintenance: Budget for routine maintenance of your mobile home and any park-required maintenance fees.
Living the Florida Dream

Mobile homes in Florida offer a chance to enjoy the state’s sunshine and lifestyle at an affordable cost. By carefully considering factors like lot rent, park amenities, and overall expenses, you can find a mobile home community that fits your budget and lifestyle, allowing you to embrace the Florida dream.

Disclaimer: The information provided is for informational purposes only and should not be considered financial advice. Always conduct your research and due diligence before entering any lease agreement.

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June 19, 2024
3 Questions A Sarasota Mobile Home Buyer Should Ask About Their Lot Rent!
Lot rent is one of the most important things both beginners and tenured mobile homeowners are always keeping an eye on.

It’s a monthly fee, usually paid in advance, that allows you to keep your home on a specific lot. Lot rent typically covers items like water, sewer, and trash removal – so it’s important to make sure you’re getting a good deal.

For those just starting in the mobile home world, it’s important to keep an eye on land rent prices in different parks. You may be able to find a park with a lower land rent, which can save you money each month. Tenured mobile homeowners usually have a good idea of what the average lot rent is in their area, so they can better negotiate if they feel their current park is overcharging.

Overall, land rent is an important factor to consider when you’re looking at different mobile home parks. Make sure you understand what’s included in your monthly fee, and don’t be afraid to shop around for the best deal!

As more and more people each day want to buy a mobile home, especially in the greater Sarasota Florida area, understanding the lot rent bill could save you a lot of unexpected financial blunders.

When it comes to owning a mobile home, regardless of whether renting or buying, the majority of questions always revolve around the land rent. Before we dig deeper into the topic, let’s know the land rent basics first.

Sarasota Mobile Home

What Is Lot Rent On Mobile Home Parks?

Land rent is a lease payment paid by the mobile homeowner to the park owner where the mobile home is situated. The homeowner may get a loan for the mobile home, but not for the land where it is sitting. Lot rent is required from those who want to become a resident of the mobile home park. Without paying the rent, one will not be allowed to park or sit in their mobile home inside the park.

Why Does The Land/Park Owner Ask For Land Rent?

The lot rent is used to pay utilities, amenities, park maintenance, infrastructure upgrades, and everything the park provides to the homeowners. Of course, the land owner needs to make money and live and in this world nothing is free. Mobile home parks need water, electricity, lawn mowing, garbage collection, etc. Without the lot rent, these services would not be possible. A mobile home community functions like other conventional neighborhoods too. When planning to live inside a mobile home park, the best question to ask the park manager is “What is included in the lot rent”?

The monthly lot rent bill is something that will never seem to go away for the owners in Sarasota Florida whose home is located within a leased land mobile home park.

To some unfamiliar with this monthly payment, it may seem like a lot of money is being paid for something you do not own.

For others, it is an extremely affordable way to have a maintenance-free lifestyle where nearly everything is taken care of for all the residents within a mobile home park.

When buying a mobile home in Sarasota Florida that is located on leased land we at The Mobile Home Dealer want to make sure all Buyers understand the top three questions that should be asked before moving into a mobile home park with leased land.

Question 1: What Does The Land Rent Include?

This is going to be, by far, the most critical question that all residents within a Sarasota Florida mobile home park will need to be asked. Most mobile home parks will include, what we at The Mobile Home Dealer, refer to as your Big 5. These are your water bill, sewer bill, trash bill, lawn care, and the usage and upkeep of all the park amenities. While most parks in the greater Sarasota, Florida area include these, it is important to note the rising trend in parks that now are asking the residents to pay for their water usage. Having exactly what is included and what is not is an important question to ask when considering any mobile home park to buy in.

Question 2: When Does The Lot Rent Increase?

It is reasonable to expect an annual lot rent increase of 2-5% annually. While most mobile home parks within the Sarasota Florida area increase their land rent at the start of each year it is important to know when exactly the park you are looking at purchasing expects to increase its lot rent. Some parks increase the land rent in the middle of the year, so knowing exactly when to expect a lot of rent increases will help all buyers budget their upcoming expenses.

Mobile home in Florida

Question 3: When Was The Last Land Rent Increase?

As mentioned in the point above, many mobile home parks increase their lot rent each year, however, not all mobile home parks follow this. Some parks will increase their lot rent on expected inflation for the following year and overshoot the amount which, in turn, allows them not to increase the lot rent for the following year. While this may sound like a good thing, it is important to be very cautious of mobile home parks that have not increased their lot rent for several years as this could lead to a larger-than-normal increase all at once in the coming years for the park to offset all of the previous years where they did not provide a lot of rent increase.

When looking at buying a mobile home within the greater Sarasota, Florida, that is on leased land, it is always important to know all of the details about the park’s lot rent before deciding to buy a mobile home. Being well educated on exactly what the lot rent includes, when to expect an increase, and when the last time an increase was done will help you as the new Buyer to have a better idea of what exactly to expect when it comes to the lot rent in your Sarasota Florida mobile home park.

This is Mark Kaiser with The Mobile Home Dealer. We help mobile home Buyers and Sellers improve their lives.

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April 12, 2024
How Is Back Lot Rent Paid On A Sarasota Mobile Home?
Do you know how to pay back the lot rent owed on a Sarasota mobile home that you’re planning on buying?

We are currently in the exact situation with a Buyer who is looking to purchase a listing that we have had for a few weeks on a property that is located in Sarasota County.

The Seller came to us with a sudden life change.

Their father had passed away, unfortunately, and they were looking to sell the mobile home for him after the property had gone through the probate process.

During the time the home was in probate and the father had passed away, no one had been paying the lot rent on the property. Although this is not terribly uncommon, this does cause an issue with the current owner’s family, since they are still responsible for the lot rent even though the father had passed away.

The reason why this is so is that the mobile home is still sitting on a lot that the mobile home park owns.

Each lot that is being used within the mobile home park for the purpose of having a home residing on it is required to pay the park each month through their lot rent.

Many parks will require that whoever owns the home is required to pay the lot rent, regardless of if anyone is living in the home since it is physically taking up a space within the community.

The family was not aware of this, as their father was the only one living in the home and the other family members had no experience with how mobile home parks were run prior to this situation. With all of this taken into consideration, the family owed the park six months of back lot rent since they found out that they had not been getting paid.

That totaled around $5,000!

The park began the process of evicting the home after the fifth month, as this was part of the company policy for unpaid lot rent.

The family, facing the eviction process, needed the home sold quickly and contacted us at The Mobile Home Dealer.

Prior to marketing the home for sale, we contacted the park to get an exact amount that was owed on the home for back lot rent. We asked to receive this exact amount on their company letterhead so there was no confusion.

Mobile home park

We utilized our marketing methods and found an interested Buyer for the mobile home that was needing to be sold.

After getting an agreed-upon price on the home with a park-approved buyer, we went to close on the property.

The sale price of the home was divided into three parts. The first part was to be paid to the mobile home park directly for all of the back lot rent that was owed for the home that was still sitting on that lawn. The second amount was paid to The Mobile Home Dealer as our brokerage fee. The remaining amount was paid to the family directly

There are several reasons why mobile homeowners fail to pay their lot rent on time and not just because of money. In some cases, owners who are not living in their mobile homes while selling them will miss a lot of rent payments. These payments accumulate over time especially when the mobile home is sitting for sale on the market for a long period of time. Some owners also refuse to pay lot rent while they are not living in their mobile homes. This is not an ideal attitude and attracts trouble but unfortunately, some homeowners do this, often ending up either losing their property or selling at a very low price.

Over a dozen times just this year have we been able to sell the home for the Seller who is in default of their lot rent and still get them some money while at the same time paying the park what they are owed.

The way we do this is we get a ledger from the park stating exactly what is owed on the home, we then sell the home to a park-approved resident, and before the Seller receives any money for the sale of the home the park gets paid in full for the owed back lot rent.

Having the sale handled this way gets the park paid, ends the legal proceedings against the Seller, and gets the Seller some money for their home.

By not following this basic process many times the Seller will have legal action taken against them for the back lot rent while at the same time getting their home repossessed by the park which doesn’t want the home in the first place.

If you are running behind on your lot rent and are looking to sell your mobile home don’t be concerned as we will be more than happy to help you navigate the process!.

Lastly, the average monthly cost of lot rent for a mobile home is $200 to 800600, but this number can change based on the location and amenities of the park.
For example, a mobile home park in a rural area with few amenities may have lot rents as low as $100 per month, while a luxury park with many amenities could have rents upwards of $1,000 per month.
Lot rent typically covers the cost of maintaining common areas like roads, landscaping, and playgrounds, as well as utilities like water and sewer.
In some cases, it may also include trash service and cable TV. Before signing a lease for a mobile home lot, be sure to ask the landlord about what exactly is included in the monthly rent.

When buying a mobile home with back lot rent, be prepared to pay the park directly all remaining rents that have not been paid.

Make sure you have written documentation from the park stating exactly what is owed so that when you buy the property there is no confusion on what is owed to bring the home back into good standing within the mobile home park.

This is Mark Kaiser with The Mobile Home Dealer, and we help mobile home buyers and sellers get to a better place in life.

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January 29, 2024
Lot Rents for Mobile Homes in Florida: What You Need to Know
Welcome to the sunny state of Florida, where mobile home living offers an affordable and convenient lifestyle for many. If you’re considering joining the ranks of mobile homeowners in the Sunshine State, there’s one important aspect you need to know about lot rents. These fees can vary widely depending on a variety of factors, and understanding them is crucial when making your decision. In this article, we’ll dive into what determines lot rent prices in Florida, what these fees typically cover, and provide you with some insights into the average lot rents as of 2023. So sit back, relax, and let’s explore everything you need to know about lot rents for mobile homes in Florida!

Mobile Home Park, also called “Trailer Park” in Florida

What Is a Mobile Home Lot Rent?

A mobile home lot rent is the designated space within a mobile home park where your manufactured dwelling will be situated. It’s essentially your little slice of paradise, providing you with an area to call your own amidst the larger community. These lots can vary in size and shape, but they typically offer enough space for your mobile home, a small yard, and sometimes even a driveway.

When choosing a mobile home lot, it’s important to consider factors such as location within the park and proximity to amenities. Some people prefer lots that are tucked away in quieter corners of the park, while others may enjoy being closer to communal areas like swimming pools or playgrounds.

The layout and maintenance of the lot also play a role in its appeal. A neatly manicured lawn with well-maintained landscaping can make all the difference in creating an inviting outdoor space for you and your family.

Additionally, some parks offer upgraded amenities such as private patios or sheds on their lots. These added features can enhance both functionality and overall enjoyment of your living experience.

Selecting the right mobile home lot is essential for creating a comfortable living environment that suits your needs and preferences. So take some time to explore different options within various parks until you find one that feels like just the right fit!

What Factors Affect the Price of Lot Rent?

When it comes to the cost of lot rent for mobile homes in Florida, there are several factors that can affect the price. One of the main considerations is the size of the lot itself. Larger lots generally come with a higher price tag, as they offer more space and potential for outdoor living.

Maintenance is another key factor that can influence lot rent prices. Mobile home parks that invest in regular upkeep and landscaping may charge slightly higher rents to cover these expenses. After all, maintaining a clean and appealing environment enhances residents’ overall experience.

Amenities and upgrades also play a role in determining lot rent costs. Parks with extensive amenities such as swimming pools, fitness centers, or community spaces tend to have higher monthly fees compared to those with limited facilities.

Nearby development can impact lot rent prices as well. If a park is located in an area experiencing significant growth or redevelopment, demand for housing may be high, leading to increased rental rates.

It’s important to remember that each mobile home park sets its own pricing structure based on these various factors. Therefore, it’s essential for prospective tenants to do their research and compare different options before making a decision about where to live.

What Does Lot Rent Cover?

Each mobile home park may have slightly different amenities and services included in the lot rent, so it’s always best to check with the specific park you are considering.

One of the most common things that lot rent typically covers is access to basic utilities such as water, sewer, and trash removal. These essential services ensure that you have everything you need to live comfortably in your mobile home.

In addition to utilities, many mobile home parks also offer amenities for residents to enjoy. These can vary widely depending on the park but often include features like swimming pools, community centers or clubhouses, playgrounds for children, and even fitness facilities.

Some parks may also provide maintenance services for common areas and landscaping upkeep. This ensures that the overall appearance of the community remains attractive and well-maintained.

It’s worth noting that while some parks include these amenities in their lot rent fees, others may charge additional fees for certain amenities or require residents to pay separately if they choose to use them.

Understanding what is covered by lot rent is essential when budgeting for your living expenses in a mobile home park. It allows you to accurately assess whether the price of a particular rental lot aligns with your desired level of comfort and convenience.

Mobile Homes Like this can Secure a 21st Mortgage Financing

What is the Average Lot Rent in Florida as of 2023?

As of 2023, the average lot rent for mobile homes in Florida can vary depending on various factors. These factors include the location of the park, amenities provided, size and condition of the lot, nearby development, and overall demand in the area.

In popular tourist destinations or areas with high property values such as Miami or Orlando, you can expect higher lot rents compared to smaller towns or rural areas. The cost of living and demand for housing play a significant role in determining rental prices.

Amenities offered by mobile home parks also impact lot rents. Parks that provide additional facilities such as swimming pools, fitness centers, community centers, and playgrounds tend to charge higher rents compared to parks with minimal amenities.

The size and condition of the lots within the park also influence pricing. Larger lots may come at a premium while well-maintained lots may have slightly higher rents than those requiring more maintenance.

Nearby development can affect lot rents as well. If there are new shopping centers or entertainment venues being built nearby, it could drive up demand for housing in the area and subsequently increase lot rents.

While it is challenging to pinpoint an exact average for lot rent in Florida as it varies greatly from one location to another, according to recent data available before 2023 (source), some estimates suggest an average monthly range between $400-$800 per month.

Remember that these figures are only meant to give you a rough idea; actual prices will depend on specific circumstances. It’s always best to research individual parks when considering moving into a mobile home community so you can get accurate information about current rates.

If you’re looking for affordable living options in sunny Florida renting a mobile home lot provides an excellent opportunity – just make sure you consider all relevant factors before making your decision!

Conclusion

Understanding lot rents for mobile homes in Florida is essential when considering the affordability and overall cost of living in a mobile home park. The factors that affect lot rent prices can vary widely, including the size of the lot, maintenance requirements, available amenities, and upgrades, nearby development projects, and more.

It’s important to remember that while lot rent covers various expenses such as water, sewer services, trash removal, and sometimes even lawn care or community upkeep costs like road repairs or landscaping. However, it’s crucial to clarify with the park management what exactly is included in your specific monthly payment.

By being well-informed about the average lot rents for mobile homes in Florida as well as understanding what factors influence those prices – you’ll be able to make an educated decision that fits within your budget while providing access to desirable amenities and convenient location options. Happy house hunting!

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September 28, 2023
How Much Should You Budget For Your Sarasota Florida Mobile Home Lot Rent Increase?
Ahh yes, lot rent, the monthly payment that is owed to the mobile home park where your Sarasota Florida mobile home is located for the usage and upkeep of the property that your mobile home resides on.

A necessary evil for all Sarasota Florida mobile homeowners.

For those of you who are new to the blog, let’s briefly review what lot rent is and what lot rent is not.

When buying a mobile home within the greater Sarasota Florida area, within a mobile home park on leased land then lot rent will be paid to the park each and every month you reside in that mobile home park.

Lot rent is the amount of money that is paid so that you have the usage of the land that your mobile home resides on.

Most parks throughout the greater Sarasota Florida area will include various other fees within the lot rent such as your water bill, sewer bill, trash bill, usage and upkeep of the park amenities, and even lawn care.

As one can see, you do get quite a bit of bang for your buck with the lot rent fee when living in a mobile home around the Sarasota Florida area.

It would be fair to expect that lot rent will increase each and every year you reside in the land-leased mobile home park.

Generally speaking, lot rent will increase somewhere in the neighborhood by 3%-5% annually.

This increase will help the mobile home park offset the expenses associated with the increased fees they are seeing from their vendors who cut the grass, service the onsite amenities and the increased county expenses associated with the water, sewer, and trash bills that are included in your lot rent.

Obviously, this is only a gauge when estimating the increase as much of this increase is based on the overall inflation numbers that the economy is seeing.

Within the state of Florida, it is mandatory that the mobile home park provide at least a 90-day notice to all of their residents of the upcoming lot rent increase. This will be greatly appreciated so you as a mobile home owner within the Sarasota Florida area do not get caught off guard with an increased payment that you were not expecting.

Most mobile home parks within the Sarasota Florida area will increase their lot rent at the start of the year so make sure you are on the lookout for the letter stating what, if any, increase there will be and for how much sometime in the early Fall of the current year.

Lot rent will be a continued fee that mobile homeowners who reside in a mobile home park on leased land will need to pay.

The important part of this payment is the ability to plan your financials around the increase so that you are not caught off guard by the yearly increase and then in a position where you are not able to afford to live in the mobile home of your dreams within the Sarasota Florida area!

Why does lot rent cost continue to increase?

In a nutshell, the demand for mobile homes is increasing. As the pandemic progresses, young adults who had taken refuge with their parents are moving out. People who had roommates now want to live alone. Couples who are separated or divorced each need their own place.

“During the last year, households began to divide into smaller homes,” said David Bane, analyst of Florida Mobile Home Community, an online market and community for Florida mobile homes.

“People realized that they wanted their own space and flexibility, so suddenly there are people who would have shared housing in a normal environment looking for individual units.”

At the same time, the availability of new mobile homes has stagnated. The interruptions of supply chains, combined with the shortage of workers and materials, have caused generalized construction delays.

The number of American homes grew by 1.48 million last year, according to census data, as more people branched on their own.

The real estate market and the mobile home sector have become highly competitive during the pandemic. The average sale price of a house increased almost 17% last year to a record of $81,700, according to the National Manufactured Home Owners Association (NMHOA).

But as the rich acquired second houses and investment properties, housing is increasingly out of the reach of many others.

The rough estimates that almost 1 million American tenants were left out of the housing market last year, due to the increase in prices and competence of cash offers.

As a result, the mobile housing buyers sector for the first time has decreased to a minimum of eight years, which means that more people are renting for longer than expected. That has given the park owners and companies a wide margin to increase rentals.

At the beginning of the pandemic, there were cities, states, and companies that established limits to rental increases and, in some cases, frozen prices completely.

The pandemic has caused drastic changes in the way people work and live. Among them is the opportunity for white-collar workers, particularly in high-salaried industries such as technology and finance to work from anywhere

As a result, experts claim that there are workers who move from expensive hot spots, such as San Francisco and New York City, to more affordable enclaves, such as Texas, Tennessee, and Florida.

“That richest demographic group is generating much of the heat in the mobile home market at this time because they are the ones that have the dollars to spend and compete for the limited inventory that exists,” said David Bane.

Having said that, not only are lot rents increasing in mobile home parks in the Sarasota Florida area, but also all types of property rentals that include apartments and traditional houses.

This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.

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September 25, 2023
How To Budget For Your Sarasota Mobile Home With Rising Lot Rent?
One of the most common questions we here at The Mobile Home Dealer get is; will lot rents continue to increase each and every year or is there a cap that the mobile home park has where they can no longer raise the rent past a certain amount?

This is a common question for many Buyers as they are looking to budget their money so that they can afford their new Sarasota mobile home.

Mobile homes located on leased land within the Sarasota area are viewed as and taxed as personal property within the state of Florida. The reason for this is that when one owns their mobile home within a mobile home park where each tenant pays lot rent then these homes come with titles and not deeds. The state of Florida does not view mobile homes on leased land as real estate but, rather as personal property.

The average lot rent as of the first of the year in Sarasota County Florida is just over $800 per month.

To some, this may come as a lot of money to shell out each and every month for a piece of land that you are not owning. For others, this comes as a great deal as the lot rent fee is essentially a condo association fee in essence as it takes care of many of the things that an owner would normally have to pay out of their own pocket if they were owning a single-family home.

Many times this lot will cover a combination of the following:

The tenant’s water bill

The sewer bill

The tenant’s trash pick-up bill

The tenant’s lawn care

Maintenance and upkeep of the park amenities such as the pool, fitness center, and community clubhouse.

As you can quickly add up, this lot rent fee does come with quite a bit of bang for your buck.

So, with an average $800 per month lot rent fee for owners of mobile homes on leased land in Florida would it make sense to have the lot rent increase each year, or will it stay the same?

*Before we go any further we want to stress to all of the readers that we are not mobile home park owners, we are not attorneys and we do not work for any mobile home park. With that said please take what we say simply as our experience within the Sarasota mobile home market*

In our experience with selling mobile homes throughout the Sarasota area, we have seen that it is reasonable for the mobile home park to increase their lot rent somewhere between 1%-3% per year. This percentage point will usually match the level of inflation that is going on throughout the rest of the world at that time.

If within the lot rent fee, your lawn care is paid for and the cost of gas and parts for the lawn mowers increases 1%-3% per year then it would be reasonable to think that the cost of your lot rent will increase at the same rate to reflect the increase that the rest of the world is seeing.

We have also seen where some parks will increase more than the traditional 1%-3% increase. This is usually rarer but, generally speaking, this is done when the mobile home park has been sold and the previous owner did not keep up with the annual increases so the new owner comes in and tries to bring the lot rent up to market value with one crease as opposed to it being done over time like the previous owner should have done.

Rarely, have we ever seen a mobile home park in Sarasota not increase their lot rent each year.

Mobile home park lot rent increases are usually put in place at the first of the year and the residents of the park are notified usually three months before the increase happens so that they can plan accordingly

When buying a mobile home in Sarasota Florida, you must also understand that in some cases, the mobile home park owner can increase the lot rent based on the factors outlined in the prospectus. This is not the case though if the mobile home park is owned by the residents or co-op.

In co-op-owned mobile home parks, the board of directors consists of residents who live in the park and agree on what the yearly increase should be. This is just one of many advantages if you are living in a co-op-managed home park.

When looking at purchasing your mobile home in Sarasota we can not stress enough to budget your lot rent not only for what it is today but what it will be throughout the next several years so that you are in a position to afford your mobile home for years down the road!

Creating a budget for your Sarasota mobile home is an important step for ensuring your financial success. With rising lot rent, it is essential to consider your expenses and plan accordingly.

Start by making a list of all the fixed expenses associated with your mobile home. This list should include lot rent, utilities, insurance, maintenance costs, and any other regular payments. After creating this list, add it up to get your total monthly expenses.

Next, calculate your monthly income. Include all sources of income, such as wages, investments, and any other regularly received funds. Once you have determined your income and expenses, subtract the expenses from the income to determine the net monthly balance.

It is important to compare your income and expenses each month to ensure you are staying within the budget. If your expenses exceed your income, you need to consider ways to reduce those expenses. This could mean shopping around for better rates on utilities or reducing other costs.

Finally, setting aside some money each month for an emergency fund is an important part of budgeting for your Sarasota mobile home. Having a financial cushion in case of unexpected expenses can help you remain financially secure.

Creating a budget for your Sarasota mobile home is an important part of achieving financial success. By keeping track of your income and expenses, and setting aside some money for an emergency fund, you can successfully manage your finances while living in a mobile home.

The Mobile Home Dealer are licensed mobile home broker in Sarasota Florida and the surrounding areas. We provide professional buy and/or sell assistance to our clients. If you have any questions, please contact us by clicking this link. You may also visit our Facebook Page and send us a message

This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.

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September 25, 2023
Does Past Due Lot Rent Need To Be Paid On A Sarasota Mobile Home?
Before you continue reading this article, if you are buying or planning to buy a mobile home in the Greater Sarasota Florida area, you must understand that mobile homes here are considered personal property, therefore, they are not taxed as real estate property. Most of the mobile homes here are sitting on leased land owned by mobile parks. So, it is important to understand that when buying a mobile home, you must obtain park approval first before you can move to a mobile home.

Lot rents are paid to the park owners and not to the seller. In this article, we will explain how difficult it will be if the lot rent of the mobile home you just purchased has not been paid on time.

What happens if the Seller of a mobile home does not pay the lot rent, and goes to sell the mobile home instead?

Are they able to just sell the home and not pay the lot rent that is owed?

Is the new Buyer responsible for the lot rent that was not been paid by the previous owner?

Does it even matter if the lot rent from the previous owner has even been paid?

This is the scenario I ran into last week when I went to sell a mobile home for one of our clients.

We utilized our marketing skills to obtain an interested Buyer, an offer was accepted, and the Buyer was excited to go to the park office, to begin the park approval process, so that they could move into their new home.

And then…… the problems began!!

You see the Seller did not tell us that they owed back lot rent on the home, which, as you can imagine, did not make the park manager very happy that they were not getting paid on time.

Now, before I go any further, I will stress to you that I am not an attorney, I do not represent any legal firm, and I’m certainly not giving any legal advice with these next comments.

We found out that the seller still needs to pay the past lot rent due at the time of closing.

The park manager asked that we sell the home for, at the very least, the past due lot rent that was owed on the property. When the home went to close, the manager asked us to take the amount of money that was owed to the park out of the proceeds that were initially going to be paid to the Seller.

The Seller would then be issued the remaining funds for the sale of the home after the past-due lot rent that needed to be paid to the park was paid.

The park informed us that since the home was within a land-leased mobile home park in the state of Florida if the lot rent was then not paid the park would be able to invoke a landlord-tenant rule against the new owner.

This was explained to me as follows: if the seller does not pay the lot rent, the park has the right to evict the property because the home owner is renting the land through their monthly payment of lot rent.

Since this home that we sold was too old to obtain permits to move, the park would then try to have the home sold by the Sheriff’s department at auction, and try to then obtain what the lot rent that was owed to them, in payment, at the time of sale.

We at The Mobile Home Dealer, stress, to any mobile home Buyer that you need to make sure that you do your due diligence on any mobile home that you buy.

Always check to see if the home that you are buying is current on lot rent with the park.

If the home is not current, make sure you bring this to the Seller’s attention prior to signing any paperwork to buy the home.

If this critical step is not followed, then you could very well be in a very sticky situation!

We understand that some mobile homeowners are selling their property for various reasons, one of which includes financial difficulties. When a homeowner is selling their mobile home because they can’t afford to pay the lot rent anymore, they may be behind for a month or more.

If the mobile home you are interested in buying has past due lot rent that is not paid it is imperative to speak to the park manager directly to get a written ledger of exactly how much money is owed and what stage of eviction the mobile home is in. Prior to purchasing the home the Buyer and Seller need to agree on who is paying what back lot rent prior to closing on the mobile home.

Although park owners have the option to repossess a mobile home through eviction many of the parks do not want to do this simply because they are not in the buying and selling business of mobile homes. All they need to get paid is the lot rent owed to them. Taking over the property is the last thing every mobile home park owner would like to do.

For sellers who are in this situation, make sure to explain everything to the buyer and cooperate with them in order to avoid problems beyond financial matters. Tell them that once they paid, you are going to pay all owed past due lot rent to the park managers.

If you’re selling your mobile home, one of the first things you need to do is make sure all your past due lot rent is paid up. If you have unpaid lot rent, it will be very difficult to sell your home. Not only will potential buyers be turned off by the unpaid rent, but the park owner may also put a lien on the property. This means that even if you do sell your home, you’ll still owe money to the park owner. So before you put your home on the market, make sure you’re current on all your lot rent payments.

This is Mark Kaiser with The Mobile Home Dealer, and we help mobile home Buyers and Sellers get to a better place in life!

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September 22, 2023
Is Water Always Included In A Sarasota Mobile Home Lot Rent?
Is Water Always Included In Lot Rent?

Hey guys!

When it comes to living inside the mobile home park, one needs to learn and unlearn a lot of things. Mobile homes are different from traditional stick-and-brick homes and mobile home parks carry different sets of rules and guidelines than those HOAs. As a potential mobile home owner, one must do their research before deciding to live inside a mobile home park.

We’re coming to you from a location where we just sold another Sarasota mobile home very quickly!

I thought of a blog post that I wanted to bring you up to speed on. Questions we get asked all the time is, does lot rent always include your water bill in a Sarasota mobile home?

What is included in a lot of rent payments? Does lot rent include any other utilities, such as water?

These are common questions our team gets asked when we’re working with buyers of mobile homes in the Sarasota area daily.

Lot rent is the fee that is assigned to each homesite a home sits on within a land lease mobile home park.

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This fee can range in Sarasota from the low $500s to upwards of $1,200 per month.

The lot rent fee, although it fluctuates from park to park, will include certain utilities, such as water, sewer, cable television, lawn care, and usage of all park amenities.

Some parks do not include the water in their lot rent fee and some do.

The parks that do not include the water in the lot rent fee, then it will be paid through either an individual meter that is assigned to each home or through what is called a master meter system.

In a master meter situation, the park receives one water bill for all the homes in that park, and the monthly water bill is then divided by how many homes are in the park. The master meter idea is not nearly as common as an individual meter on the home or the park paying for it within the lot rent payment every month.

In our experience, it is more common in the Sarasota area for parks to include the water bill in the residents’ lot rent and to not divide out among all of the occupied lots within the community what the water bill is.

Water in Sarasota County is not as expensive as in other counties in Florida, but it’s certainly not the cheapest!

In our research, we have found that an average two-bed, two-bath mobile home in Sarasota County that has a washing machine on the property has a water bill between $20 to $25 per month.

This cost will vary depending on how much laundry the residents are using, how long of showers they take, how much water they use to water their plants or bushes, and how often they wash their vehicles.

When a park has a master meter, the bills are dispersed to the residents, usually around the first of the month, just like other utility payments, such as electricity.

What is a mobile home lot rent?

People who are not familiar with mobile home living may get confused by the concept of lot rent. renting a mobile home lot is different from renting just a mobile home. Paying for the lot rent means you own the mobile home while paying for the lot where your mobile home is sitting. If you are just renting a mobile home, whether you pay the lot rent or the owner depends on the agreement between you (the renter) and the mobile home owner. The lot can be owned by the mobile homeowner or the park owner.

What lot rent covers

In most mobile home parks in the Sarasota Florida area, lot rent covers most of the following.
- Water bill (some parks don’t)
- A piece of land to place your manufactured home on
- Access to the amenities and maintenance (the staff can guide you about the exact offerings)
- Swimming pool
- Playgrounds or play area
- Community center
- Laundry rooms with washers and dryers
- Lawn maintenance and mowing
- Trash collection
The amenities included in the lot rent vary from park to park and sometimes, the number of coverage can affect the lot rent amount.

What lot rent does not cover

Taxes: While property taxes may not be your headache, there will be taxes on the mobile home.

Insurance: Lot rent does not cover insurance. For the safety and security of your property, it is better to get mobile home insurance.

When buying a mobile home inside the mobile home park of your choice, make sure to know what specific amenities are covered by the lot rent. Parks that charge $1,000 and above usually cover most of the bills and other extra things that someone you may not need so it is important to know everything to avoid paying something you may not need.

No, water is not always included in Sarasota mobile home lot rent. While some landlords may provide water as part of the rental agreement, this is not always the case. It is important to read the lease agreement carefully and understand what utilities are included in the rent before signing a contract. Additionally, even if water is included, you may still need to pay for sewage or other related expenses. Be sure to ask any questions you have and clarify all terms before signing the lease agreement.

We believe we will see more parks move towards not including water in the monthly lot rent fee in the future as mobile home parks are increasingly turning that charge of the water bill over to the residents directly.

The Mobile Home Dealer are licensed mobile home brokers in Sarasota Florida and the surrounding areas. We provide professional buy and/or sell assistance to our clients. If you have any questions, please contact us by clicking this link. You may also visit our Facebook Page and send us a message.

This is Mark Kaiser with The Mobile Home Dealer and we help mobile home buyers and sellers get to a better place in life.

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September 22, 2023