Les Luka, Home Buyer in Stroudsburg, PA

Any unbiased reviews of the Savanna Club in Port Saint Lucie? Plenty of homes for sale? Why?

Asked by Les Luka, Stroudsburg, PA Sat Nov 24, 2007

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I don't understand the privately owned homes and the land-leased in the same community. How can that be? Who rents the land? How much land is owned by a corporation with plans to expand. Would this land renter control the governing of the community?
It would be awkward to attend a community business meeting of retired persons and a large corporation complete with lawyers and other devious professional types.
who controls/owns the golf course? How much of the monthly maintenance fee goes to the golf course.
1 vote Thank Flag Link Mon Feb 16, 2015
It's a 55+ community so that limits certain people who can purchase there. They also have some homes with a land lease and a lot of buyers don't like that. I say it depends on how long you plan to live their cause you either pay monthly for the land and get a home less expensive, or you pay up front for the land. So if you do plan to live there a long time, it isn't worth paying monthly for the land lease as you would waste your money. But if it's only for 5-10 years, it could actually save you money. Do the math and you'll see what works best for you. Plenty of homes for sale in there because of the age group and land leases. Hope that helps.

Jillian Von Ohlen
0 votes Thank Flag Link Mon Mar 16, 2015
My husband and I bought a new house in Savanna Club in June 2006 for $ 140,000 cash but with a land lease which was fixed for 99 years at $350 a month. We could have chosen a variable rate, with a mandatory annual increase of 4%, that would have started at less than $300. Having been a realtor for many years, I did not trust variable fees. They rise too quickly and become burdensome. That system has recently been modified. I disagree with the previous statement about reasons for buying the house with the land included or buying a house on leased land When we purchased, if you wanted a new or newer house, you had to accept the lease, since only older homes were sold with the land. The difference inside the houses was significant. The newer ones did not need remodeling, had more modern cabinets, sheet rock walls instead of vinyl panels and tile floors instead of vinyl and the exteriors resembled conventionally built homes more than the older ones. They are also easier to insure.
Flag Fri Jul 24, 2015
People die, get sick and need to move in with family or assisted living facilities. I recommendthat anyone moving to any state to rent first and see if it grows on you.
0 votes Thank Flag Link Sat Sep 28, 2013
Have you considered a mobile home in other areas of Florida?

Have a fully renovated one in Pompano Beach that is 4.2 miles away from the beach.

Just under 1500 square feet of living space the 2 bed 2 bath is completely drywalled, granite kitchen with built in wine cooler and ceramic floors.

Master bath has his and hers sink and walkin jacuzzi tub.

Outdoor screened Florida sunroom has ceramic floors and tiki bar.

Backyard has cozy patio that leads to master bedroom and backyard has all plumbing and electric underground for a hot tub as ours is not included in the sale.

You can view pictures athttp://www.trulia.com/property/3086618465-4907-NW-1st-Way-Pompano-Beach-FL-33064

Dolly do you meant lot rent and not taxes? How ours work is its 589.19$ a month lot rent. If you have a mobile home on a corner lot its about 15 to 20$ more a month.
0 votes Thank Flag Link Thu Dec 13, 2012
Both, lot rent and taxes,
Flag Sat Jan 19, 2013
Land lease which can run you more than $500 a month extra.
0 votes Thank Flag Link Thu Oct 18, 2012

I'm a real estate investor in this county and I'll give you some honest advice about Savanna Club (I'm not a realtor and have no agenda to push up values).

Savannah Club is a nice looking place with golf course, pool area, tennis, etc. The problem is that it is a 55+ community and these areas are traditionally VERY DIFFICULT to resell, especially in a subdivision like this one where there are MANY units available. In addition, these are mobile homes and that can pose a problem in Florida (we are prone to hurricanes).

So, it really depends on what your goals are. If you're looking to sell your house in PA and move down here to retire cheaply, then it's not such a bad deal. However, make sure you buy REALLY CHEAP and don't buy it with the intention of reselling it. I get calls on this subdivision on a weekly basis, and sellers are willing to unload them for under $20,000 (with them owning the land). Meanwhile, I have seen several realtors list these mobiles in the $100k + price range.

Send me a message If you're still interested in this subdivision. I can probably forward one of these sellers to you next time I get a call.


Rich Urban
0 votes Thank Flag Link Sat Sep 29, 2012
i own a beautiful home in savanna on the lake have a buyer???fferraro100@comcast.net..85,000piano golf cart....
Flag Mon Sep 21, 2015
Hi Rich,
I have began my search for a reasonably priced mobile home in Port Saint Lucie. I am extremely reluctant to pay the outrageous lot fees, or the high prices of many manufactured homes, especially the outdated ones!
Flag Thu Apr 23, 2015
You live in a dream world if you think you can buy a house in Savanna Club on owned land for $20,000.I'l take 10 @ that price today.Call me @ (772)924-1894.I have cash
Flag Wed May 14, 2014
Thank you, Rich for your honesty and astute interpretation of this area. I recently toured the area and found iy to be quite lovely, not spectacular, but certainly within my budget. The important thing is the friends I have there...important at 55 or older. I am looking for a 3 month seasonal rental for 2015 .Will pay up to 1800/wk. Do U have any suggestions?
Flag Sat Feb 8, 2014
In addition to Savanna Club are....... Kings Isle & Cascades. These are 55+ communities with homes built of concrete/cinder block construction. Today's prices represent a significant VALUE to buyers.
0 votes Thank Flag Link Fri Dec 23, 2011
Do your homework Les. If you look at the ratio of homes for sale vs the # of homes in the community, it is very low for a manufactured home community. Approx. 100-110 for sale vs 1900 in the community. That is less than 6%. The average in this industry is 10-15%. Also, an increase lease is very common in Florida. This is a great community and people continue to buy homes here. The sale of homes over the last couple of years dropped everywhere. Sales in Savanna Club have really increased this year and will continue to do so.
0 votes Thank Flag Link Sat Oct 30, 2010
A possible contribution to the apparant slow down in "sales" in Savanna Club (other than the obvious
due to the economy) is that a couple of years ago the land owner (many of our homes are on leased
lots) declined to continue the option of "fixed lease for life." Any existing home owners could no longer
offer this option to any prospective buyer. In addition, this restriction will continue until all of the lots
have been built on and leased under the revised lot rent plan. This restriction was enabled to help the builder complete the Savanna Club project ASAP. This strategy obviously has not worked with only two sales in the last 12 months or so. It seems to me (and other residents) that returning to the original lot lease option
would improve and increase sales as well as drawing more prospective buyers into the community. Perhaps if prospective buyers (and agents) would keep this in mind and insist on a better lot lease plan than what is now offered there could be some incentive to revert to the original sales strategy.
0 votes Thank Flag Link Sat Dec 5, 2009
Savanna Club is a great manufactured 55+ Community.

There are many sales in Florida for many reasons, i.e, missing hometown, grandchildren, loss a spouse, etc.
I have 2 properties available for sale. One the owner lives in the Community and had one as a rental property, but now needs the funds and the other, miss their children and are relocating to their home town..

Happy New Year!!

Connie Baker, RE/MAX 100 RIVERSIDE
0 votes Thank Flag Link Wed Dec 31, 2008
are there affordable areas around Savanna Club you would recommend? I'm concerned since I have a 50 lb pooch and a very small pooch. I notice there are restrictions within the Savannah Club community. I won't be able to get down that way until next summer, but want to know what I'm in for. Thanks for your response.
Flag Thu Dec 11, 2014
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