HOA purchase of Pines Trailer Park fails

Article Courtesy of  The Islander

By Robert Anderson

Published May 1, 2023

  

Negotiations have failed between the land owner and the homeowners in the Pines Trailer Park in Bradenton Beach.

 

A resident, who requested anonymity, informed The Islander of the development April 20.

Throughout the negotiations over the sale of the bayfront mobile home park at 103 Church Ave., residents have been instructed by attorneys not to publicly discuss matters.

The partnership, with Richard and William Jackson as officers, listed the park for sale Jan. 25 for $16 million.

As required by state law, they first offered the park to the HOA members for purchase.

The Florida Mobile Home Act requires a park owner to give 45 days’ notice of an intent to sell to unit owners, and gives homeowners the first right of refusal.

On Feb. 24, Pines Trailer Park homeowners voted to form a cooperative to rally for the purchase of the land.

A co-op is a nonprofit owned by the homeowners for the benefit of the residents when the park’s land is purchased by the homeowners from the original ownership. The land transitions from a land-lease company to the nonprofit and owners become shareholders in the property.

The Pines Trailer Park, 103 Church Ave., Bradenton Beach, where the homeowner’s association was negotiating to buy the land from Jackson Partnership of Bradenton.


 

A co-op is a nonprofit owned by the homeowners for the benefit of the residents when the park’s land is purchased by the homeowners from the original ownership. The land transitions from a land-lease company to the nonprofit and owners become shareholders in the property.

“The bottom line is that the park could not come up with enough money. So as of the 21st, it will be on the open market, so anyone out there can buy it,” one resident told The Islander.

The resident said there are a lot of rumors circulating in the park about potential buyers and people there are concerned about their future.

“We do not have an alternate plan,” the resident said. “We want a place down here because we love it. Just like everyone in the park.

“There’s people, this is their only home and they don’t have the finances to buy anyplace else.”

The resident also lamented the possible loss of an island landmark.

The park, on the north side of Bridge Street, dates to the 1930s, when it was a campground for families, some part of the Ringling traveling circus.

“It’s horrible for the island,” the resident said. “Progress is coming, you can’t stop it. Money always wins. The people who don’t have much money, if they are in a nice location always get pushed out.”

A second person who also requested anonymity confirmed the HOA deal to buy the park had failed.

Other residents in the park confirmed the asking price for the park went up after the partnership refused the Pines’ HOA initial offer on March 15. The partnership’s asking price then became $16.25 million.

Meanwhile, a GoFundMe page and a Give Send Go page were created to raise money for the HOA’s efforts, according to their organizers.

The GoFundMe page, Save Our Old Florida Home, was created March 29. Gay Gavde-Forte of Cincinnati is identified as the page organizer.

Suzanne Hynes is identified as the creator of the Givesendgo page.

As of April 21, the GoFundMe campaign had raised $2,015 of a $1 million goal and the Givesendgo page had raised $1,227.

A listing for the 2.785-acre park, which abuts the Historic Bridge Street Pier, is on the website for Yale Realty & Capital Advisors at yaleadvisors.com.

Calls to the park ownership were not returned as of Islander press time.

HOA president Steve Scharnweber did not respond to an April 17 Islander call as of press time.

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