Caribbean Isles represented an affordable retirement dream. Residents thought it would stay that way after they sold the park — and their protection. Previously, homeowners with shares in the park paid a small monthly fee for maintenance and management. When it came to major decisions about the park, they each had a vote. “This model of resident ownership is the ‘gold-standard’ for keeping a mobile home community affordable,” said Associate Sociology Professor, Esther Sullivan.
They sold the land under their Pinellas County mobile homes. Now they regret it.
Tampa Bay Times, January 13