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Stranded in Lake Wales, Florida

By Ron Trzcinski, 410-935-5844

Real Estate Agent with 410-935-5844 Office 634480

September 14, 2023 12:33 PM

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?
 

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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

Bob "RealMan" Timm

Minot, ND
Ron Trzcinski, 410-935...

Baltimore, MD
Kathryn Sparks

Baltimore, MD

Kathryn Sparks

Zenith Realty - Baltimore, MD

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

Sep 14, 2023 12:43 PM

Ron Trzcinski, 410-935...

Baltimore, MD
Karen Krzniak

Towson, MD

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...

Baltimore, MD

Ron Trzcinski, 410-935-5844

410-935-5844 Office - Baltimore, 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

Minot, ND

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

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

Stranded in Lake Wales, Florida

Comments(6)

Ron Trzcinski, 410-935-5844

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