Among the many reasons to choose a manufactured home, the affordable pricing is certainly one of the more attracting factors. If you’re in the market for a new manufactured home in Florida, that cost is coming down. On July 1st, 2021, a new tax relief bill, CS/HB 7071, was signed into law lowering the sales tax for new manufactured homes in the state of Florida from 6% to 3%. Now, how does this exactly impact potential resident, well, let us explain!
In an article written on MHVillage.com, Jim Ayotte, the president of the Florida Manufactured Housing Association (FMHA) was quoted stating, “The tax cut will reduce the cost of a new manufactured home in Florida by an average of $4,200”. To give this some context, according to a 2021 Manufactured Housing census data report, the average cost of a new manufactured home nationwide was $123,200 while the average cost of a new on-site built home was $491,000. So, adding on that $4,200 cut to the average cost of a new manufactured home should excite anyone looking into this market.
Of course, there may be no better place to take advantage of this new tax relief in Florida than at a Cove Community! How do we know this, for two main reasons: the quality of the new manufactured homes at Cove and the communities themselves. According to Sally Morales, Director of Homes Sales for Cove Communities, “Manufactured home options have gotten a serious upgrade over the past few years…There are so many new models offering spacious layouts, open floor plans, bedroom and office options, high end finishes and amenities like covered porches and outdoor fireplaces.” The communities at Cove also offer every resident a lifestyle of comfort and fun. According to Terri Passaro, Community Manager at Rolling Greens Village in Ocala, Florida, “These communities offer opportunities to engage safely with neighbors and friends in a wide variety of activities, there is something for everyone”.
By taking advantage of this new tax relief and with 11 different 55+ communities located throughout Florida, a Cove Community offers all residents a paradise to call home with resort styled amenities and communities full of love. With so many cost saving measures already baked in, this new tax relief makes a Cove manufactured home community just that much more desirable! So, what are you waiting for, check out a Cove 55+ manufactured home community today!