Resident owned or rental property??

sharon bowlen | Aug 27, 2018 | Category: Retirement community in Lakeland, Florida

Cypress Lakes 55+ Community - All questions

Address: 10000 US Hwy 98 N, Lakeland, FL 33809, USA

Cypress Lakes 55+ Community | Aug 27, 2018

Residents own there homes community-wide. The majority of the community is considered leased land, where residents do not own the land their homes sit on foregoing 100% of the property taxes and keeping initial purchase costs much lower - here they pay a monthly lot lease/community maintenance fee. There is a small section within the community where residents can purchase their land in addition to their home - here they are responsible for 100% of the property taxes and they do pay a monthly community maintenance fee.

Richard Barber | Aug 26, 2021

Show me homes for sale

Lisa Abbott | Aug 27, 2018

Both. It's like an upscale trailer park... You can buy your lot and home, but you can rent a lot and home as well. 2 golf courses, and an active, close community.

Donnie Satterthwaite | Feb 27, 2022

Resident owned

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