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Colony Cove Mobile Home Park
5112 Travelers Tree Drive
New Port Richey, Fl 34653
Tel : (727) 842-9744
Fax: (727) 849-6648
Colony Cove Buyer Information
Colony Cove is a resident owned active friendly 55 and over senior community. The park is self governed, well managed, well maintained, and is a financially sound community. It is a few miles from the Gulf on Florida’s Cotee River.
A park owner’s membership share is available for each home in the park, should a homeowner decide to become a shareholder in the Co-op. Share cost is $40,000.
Fees - Shareholders in the park pay a fee of $229 per month, plus their annual property tax bill. Homeowners not invested in the park (not a shareholder) pay $502 for land rental and park fees plus a pass-through of $33 +/- per month for property taxes.
The park fees cover water, sewer, twice weekly trash pickup, lawn service, on an as available basis, Marina and Storage Compound spaces and basic cable service. Dogs and cats are allowed with some restrictions.
Buy a Home or Become a Seasonal Renter
Buy Home - Buy an affordable pre-owned Mobile home or buy and install a new manufactured home, with or without a $40,000 share. Park is resident-owned by shareholders. As the owner of a home, you may be a shareholder or not. Shareholders own the park. Shareholders participate in regularly scheduled elected board meetings related to the governing, finances and control of the park and its maintenance.
Rent Home - Seasonal - Rent an economical Co-op owned mobile home or other homes on a seasonal basis. Option available to apply a significant portion of a season’s Co-op rental payments to the purchase of a Co-op owned home.
Seasonal Rentals - Colony Cove also has 8 apartments available for seasonal rental.
Information on our website is intended to be accurate but being general in nature, it is not intended to be contractual. For detailed information on purchases in Colony Cove, you must refer to our community specific prospectus, resident owner community documents, rules and regulations and other resident owner share and lot rental information.
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