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Stranded in Lake Wales, Florida

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Real Estate Agent with 410-935-5844 Office 634480
Stranded in Lake Wales, Florida.
 
I helped a client of mine to sell her mobile home in Baltimore County just a couple of years ago so that she could relocate to Lake Wales, Florida. It was a quick and easy sale.
 
After a couple of years in Florida, she is ready to return to the land of pleasant living (That's Maryland in case you were wondering.) Having a hurricane blow off half of your roof can do that to you.
 
But after nearly 8 months on the market and after cutting the price in half, she has no offers.
 
She has an okay 2 bedroom and 2 bath 1986 mobile home located just about 20 to 25 miles east of Tampa and just about 20 miles south of Orlando.
 
I thought that Florida had a hot sellers' market like most of the rest of the country. What's going on in Florida?
 
House View featured at 5130 Abc Rd Lot 19, Lake Wales, FL, 33859
Show All Comments Sort:
Karen Krzniak
Zenith Realty - Towson, MD

Ron,

It sounds like a decent location to me, hurricanes and alligators aside.  

Sep 14, 2023 12:38 PM
Kathryn Sparks
Zenith Realty - Baltimore, MD

Ron,

Maybe this is an early indicator that the market is finally making a change.

Sep 14, 2023 12:43 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Hi Ron Trzcinski, 410-935-5844 . Has the roof been repaired, does she own the land underneath it? What is the current price? This interests me as a possible snowbird.

Sep 14, 2023 02:05 PM
Ron Trzcinski, 410-935-5844
410-935-5844 Office - Cockeysville, MD

Bob,

The roof has been repaired.  The address of the property is 5130 Abc Road, Lot 19, Lake Wales, FL 33859.  She does not own the ground.  It is in a mobile home park so there is a ground rent.

Sep 14, 2023 03:52 PM
Bob "RealMan" Timm

Thanks Ron Trzcinski, 410-935-5844 . It looks great but I have to own the land underneath it.

Sep 14, 2023 06:21 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good evening Ron,

I'm sorry you are having difficulty getting an offer. Does renting the land underneath have anything to do with it? Send good vibes your way for a buyer.

Sep 14, 2023 04:05 PM
Ron Trzcinski, 410-935-5844
410-935-5844 Office - Cockeysville, MD

Dorie,

Paying a ground rent is potentially an issue for some buyers, however, there is a tradeoff.  There are no property taxes and water is included in the ground rent.  Another concern is that typical financing is not available on a mobile home because it does not have a permanent foundation.

Sep 14, 2023 04:37 PM
Nania Sarya
SRHWS - Burbank, WA
nothings

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Sep 20, 2023 08:52 PM
Ron Trzcinski, 410-935-5844

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Sep 21, 2023 05:14 AM