News
Fill out this form to email this article to a friend
Heads turn at tall look; jaws drop at low price
Elevated waterfront villas replace tired single-wides. The cost? Not too steep.
By JODIE TILLMAN, Times Staff Writer
Published September 30, 2007
|
TriBird Development offers modular homes set atop concrete garages for $69,900 to $79,900. The 540-square-foot units are on the waterfront.
|
 |
|
[Lance Aram Rothstein | Times]
|
|
ADVERTISEMENT
 |
|
[Lance Aram Rothstein | Times]
Alan Lyons, 46, works on the demolition of an old mobile home in Hudson. The property owner, Scott Birdsell is demolishing the homes to replace them with modular homes set on top of concrete garages.
|
|
HUDSON - Mike Graham, a professional wrestler turned real estate man, was driving when he saw a sign advertising waterfront villas for sale. Asking price? A mere $69,000.
"I thought, 'What is this?'" he said.
So he followed the signs toward the Gulf of Mexico and stumbled onto one of the more interesting residential projects under way in Pasco County: The transformation of a rundown mobile home park, not with pricey condominiums but with affordable - and unusual - modular homes.
TriBird Development of Hudson is replacing the 43 homes in the old Hudson Springs Mobile Home Park with 43 modular homes. Like any other modular home, these are secured on concrete foundations - only the foundations in this case are nearly 14 feet tall and double as stucco-finished garages painted to match the homes.
The living space in the homes is relatively small, about 540 square feet, so TriBird is marketing the units as vacation villas and refers to the park as a "fisherman's paradise." The garages, the company says, could be a place to store boats.
Prices range from $69,900 to $79,900, depending on how close they are to the canal that provides access to the Gulf of Mexico. Buyers would also have to pay $400 to $500 a month to lease their lots.
Graham, who lives in Indian Rocks Beach, was so impressed that he and his wife purchased one of the homes and plan to use it as a weekend getaway.
"You've got a nice, cool place like this on the water," he said. "It's really a neat project."
TriBird amended the typical Florida real estate tale - developer buys mobile home park and builds fancy condos or townhomes - because it made good sense.
"It's different to this area," TriBird vice-president Scott Birdsell said of the concept. "We're trying to get some kind of real estate action going here."
TriBird is made up of Scott Birdsell, 27; his 25-year-old brother, Brad, and their father, David. When they bought the park about two years ago, it was far from a fisherman's paradise, or any kind of paradise at all.
"It was not a very good place to come through," said Scott Birdsell. "There were lots of police calls. It was just a cheap place to come and live."
Redeveloping the park was a given, but how?
"You can only patch up old single wides so much," said Brad Birdsell, company president.
Condos seemed a bad idea given a market that's full of unsold ones. They considered single-family homes, but nixed that idea because it seemed to require too much time to get through the county permitting process. They could have just put new mobile homes on top of stilts, which is somewhat common, but they wanted the project to stand out.
So they started thinking about gaps in the real estate market. Who was building affordable waterfront villas?
Because of federal flood rules governing waterfront locations, TriBird knew that if they moved out the existing mobile homes, whatever went on the site would have to be elevated. To comply with federal rules, the bottom floor of the homes can't be occupied but can be used as storage.
Newer factory-built homes seemed like an affordable option as well as a safe one: The homes they are using can withstand winds of 140 miles per hour, said Scott Birdsell.
So far, they've built six and sold 10. Two of the sales are to people who used to own homes in the park.
Idea could spread
Jim Ayotte, the executive director for Florida Manufactured Housing Association, called the park's revitalization "a fascinating project."
"I'm extremely impressed by the prices," he said. "I think he has a pretty good niche there. I can't believe for that price you can have access to the Gulf."
Ayotte said he liked how the project took advantage of the first floor as a garage. "You might as well do something with that space," he said.
Based on anecdotal evidence he's seen around the state, Ayotte says he thinks more mobile home parks will be redeveloped with modular and newer manufactured homes. The reasons, he said, include the saturated condo market and a growing realization by local communities about the cost of losing affordable housing.
Though the homes in the Hudson Springs Park project are too small for most people to live in full time, Ayotte said the design could be exported to other areas where there are no flood zone requirements. In those areas, the bottom floor could be used as living space.
Brad Birdsell said the company has plans for similar but smaller projects in Moon Lake and Citrus County. He said he hopes the Hudson project does turn out to be a model.
"There are other parks around here that could use this kind of facelift," he said.
Jodie Tillman can be reached at jtillman@sptimes.com or 727 869-6247.
[Last modified September 29, 2007, 21:35:07]
Share your thoughts on this story
Comments on this article
|
by Andi
|
10/10/07 03:35 PM
|
|
1. Yes. You pay a land lease monthly but you do NOT pay real property taxes.
2. These homes withstand 140 mph winds. Does your sitebuilt home?
3. Manufactured home owners in Florida have more rights than do MH owners in NJ, where there's RENT CONTROL
|
|
by stephen
|
10/08/07 11:27 AM
|
|
What a cool area. Don't know if this is the perfect project though.
|
|
by teri
|
10/08/07 10:18 AM
|
|
Mr.Birdsell wants it to look like he's offering a affordable option? Come on He's making millions, and will continue after all the units are sold, off of lot rent. Money goes to money as always! Dosen't sound like such a deal to me!
|
|
by Ed
|
10/08/07 09:12 AM
|
|
This is a great deal for the snowbirds. Have you ever lived in 540 SF of house? What about the rent adjustments on the land? Any caps? What happens if you make mortgage payments and miss rent payments? Is the lease 99 years, annual or what?
|
|
by Betty
|
10/01/07 01:57 PM
|
|
Yes, my head turned, and my jaw dropped at the low purchase prices of these units; HOWEVER, my jaw snapped shut when I noted the $400/500 monthly cost to lease a glorified live-in garage!!
|
|
by Maria
|
10/01/07 01:10 PM
|
|
A lot of you are misinformed, i made several calls and spoke to the people at the project. Everything is as affordable as stated, and owners are well protected by the state statutes. I love the idea. What cute places!
|
|
by Curt
|
10/01/07 11:54 AM
|
|
You pay cash for the little house and rent the lot who cares about the insurance. Marina access for a boat could be just a much and you have a place to crash when your done boating. It looks attractive to me I live 30 miles from the gulf.
|
|
by Ron
|
10/01/07 11:29 AM
|
|
Nice, I drove by over the weekend and what a great getaway! A city block from the Gulf and a Marina. Fish in the spring were awsome. Thanks for the article.
|
|
by jay
|
10/01/07 11:22 AM
|
|
You dont own the land, that's why it's so cheap. You could potentially lose you home a few years down the road when the land is sold right under your nose, just like all the current mobile home owners today.
|
|
by Reeves
|
10/01/07 11:13 AM
|
|
He's the master of the fighure-four leg lock.
|
|
by Jimbo
|
10/01/07 11:07 AM
|
|
I've got a shoebox I will sell you for $69,000
|
|
by Mary
|
10/01/07 10:28 AM
|
|
If only more developers thought about the lower income people. Not everyone can afford a $350,000.00, condo or house.
|
|
by Chris
|
10/01/07 10:14 AM
|
|
Price sounds great but what is this $400-$500 lot rent?
|
|
by Josie
|
10/01/07 08:05 AM
|
|
No wonder hurricane insurance is so high...another cheap wooden shack.
|
|
by clb
|
10/01/07 07:39 AM
|
|
Just make a manufactured home higheroff the ground and more accessible to higher level winds...sounds like a insurance nightmare!
|
|
by David
|
10/01/07 01:47 AM
|
|
Could it be affordable housing is coming back to Florida before everybody moves to the Carolina's
|
|
by tom
|
09/30/07 09:20 PM
|
|
you know what maybe he has freinds that always just show up from back north.... and if there 1.5hrs from him , its easier to remain freinds .
|
|
by alan
|
09/30/07 07:53 PM
|
|
how much for the little trailer on my property??????? thirty ...sold.
|
|
by alan
|
09/30/07 07:52 PM
|
|
mike grahm hit his head alot,,if he thinks about buying one of those closets for any reason ,,then he really lost it,,,this man has alot of money or did at one time ,if he is down to this , in five yrs he'll be at the traffic light holding a can .
|
|
by greg
|
09/30/07 07:50 PM
|
|
looks good ,a tineey tiny house for over a grand a month and when the lanlord puts up the no trespassing sighn what do u do...pay thousands to get your mobile moved ,,to where,,the landlord steals it ..possession is 9/10 of the law in this state...
|
|
by losers
|
09/30/07 07:47 PM
|
|
who pays for the flood ins, and the very high insurance costs on that side of us 19 your looking at five hundred a month rent two hundred elect, six hundred morg payment,,wind damage ,flood damage over a thou a month and you dont own squat just pay,
|
|
by sammi
|
09/30/07 07:43 PM
|
|
ayotte sounds like a real crook,he must be a lawyer.just plain dumb to think that people will buy a house for eighty thousand dollars and then pay rent never own the property it sits on ,,a real jerk in my opinion...kinda like fools gold,,stupid
|
|
by jan
|
09/30/07 07:40 PM
|
|
how can u own something that sits on someone else;s land,,,who thought of this very stupid to rent/buy concept.proberly some laywer that wins ,everytime and just look at all of the cases' its my home on your property,,ridiculous...and not to smart.
|
|
by howey
|
09/30/07 07:38 PM
|
|
is that how your going to have to move your mobile of scotts land when you get tired of renting his land ,,or is he going to offer you what you owe on it ,,it looks like a bad deal all the way around esp when the trailer in the sky will be an eyesore
|
|
by lookclose
|
09/30/07 07:35 PM
|
|
so bring your mobile on my property and rent will be still five hundred a month just to keep it on my property,,and when all else fails trying to get your mobile off my property ..it turns ugly for both ,who pays for the removal of the mobile .????
|
|
by jasmine
|
09/30/07 07:32 PM
|
|
so all your really buying is a candle with about a five yr fuze,,,what a bunch of idiots they think we are, but im sure they will still find some of the idots we are ...
|
|
by alan
|
09/30/07 07:30 PM
|
|
500 dollars lot rent, above the morg pymt,, i dont think its a good idea at all ,,,and when they jack up the lot rent in a few yrs .I bet that plenty of fires there in the next few yrs as lot rent goes up with everything else..
|
|
by Ted
|
09/30/07 05:59 PM
|
|
You don't own the land hello
|
|
by rick
|
09/30/07 05:30 PM
|
|
these are permanant fixtures too bad you have to rent the lot. adjust the price to include the lot.
|
|
by Paul
|
09/30/07 05:26 PM
|
|
You have to pay nearly $70k for 500-600 sq. feet and then you still lease the land? Sounds like this is for the suckers. At first, I thought it sounded great, but the fact you never own the land will certainly come back to bite those who buy these.
|
|
by diana
|
09/30/07 12:39 PM
|
|
very good idea. instead of just making everyone move to build big condos build these. makes you wonder how much it cost to build a condo.
|
|
by Ned
|
09/30/07 10:05 AM
|
|
You live in IRB but will drive 1.5 hours to "be on the water?" Huh?
|