The Foley Grove

As you reach your retirement years, typically your income is reduced from your peak earning period, and you must seriously consider methods of using your assets to your best advantage.

Whether your money is from a nest egg saved over the years, or profit from wise investments or the sale of your long-time home, is it in your best interest to tie up a substantial portion of it in the purchase of land?

Consider your options. One is to commit a large amount to the purchase of land – an arrangement whose primary beneficiary is the developer. The other is to purchase a less labor-intensive home on leased land and keep your funds available for discretionary or emergency purposes.

Some of our competitors still push land purchase, claiming land ownership frees you from additional financial obligations. However, this is not the complete story. Land ownership is an expensive way to live due to high property taxes and maintenance fees. In addition, it ties up your funds – money you can utilize only by selling the land or taking out an additional mortgage (and paying substantial interest to use money that was already yours.) 

When you’re considering a purchased vs. leased developed lot, look at the entire picture – financial, lifestyle and the business relationship. Be sure you get clear, concise answers to important questions. Are all utilities installed? Are there sewer and water impact fees? What landscaping and plantings are included? Are there parking areas and are they paved? Is there a monthly maintenance/association fee? Is the association run by nosey neighbors or professionals? Are there additional amenities and recreational facilities, and who maintains and pays for them?

Also consider who pays for maintenance, trash pickup, street lights, tree and shrub trimming, and rubbish removal? Are there effective community standards, pet and noise restrictions and gated entry? And will there be professional management on site to help you in the future?

Property ownership is important to some people. Others enjoy the lifestyle advantages offered by a land lease community with protective standards. Evaluate both options. In the end, we hope you regard The Grove as a worthy alternative.

Ask us your questions. We’ll give you honest answers.

Creating and managing Land-Lease Communities is the Heiler’s only business, and our history has been to maintain ownership as a long-term investment – not buying and selling properties. We hope our three generations of family leadership demonstrates this clearly.

The monthly lot rent at The Grove covers a range of amenities, including lawn maintenance, a brand new clubhouse, pickleball and tennis courts, fitness center, shuffleboard courts, heated pool and jacuzzi, dog park, library, billiards, sauna, and a game room.

Yes, the monthly fee generally increases annually in small increments. You would be hard pressed to find a community that does not have annual increases. We aim to keep increases limited to the amount necessary to maintain community standards and services that our residents want and expect. We strive to keep our lease fees in pace with the market, which has helped our departing residents realize resale values substantially above market prices. 

Although in can vary from year to year, generally an increase can be based on any or all of the following:

• Rents in comparable communities.
• The Consumer Price Index (CPI) Controllable costs such as maintenance and payroll.
• Hard-to-control costs such as utility charges, rubbish costs and insurance expenses.

By law, residents receive a letter each year informing them what the increase for that year was based on.

No, there is neither an upper nor lower cap on lease fee changes. However, our company history and policy has to keep our lease fees in pace with that of comparable communities so that we can keep our current residents happy, and provide good resale values for residents if and when they decide to relocate, or their families in the event of your passing.

Yes. However, they are required to follow the same rules as our residents. While most communities limit guest stays to no longer than 30 days, specific rules and regulations regarding guest stays may vary by community, so we recommend checking with the community manager for exact guidelines.
As many grandparents say, “We love to see our grandchildren come and love to see them go home as well!” This is one of the many benefits of living in a “55 and over” community.

Yes. Many residents move to our communities because of our community standards and the stability the rules create within the community environment. These standards were written based on our experience managing manufactured home communities for over 35 years in Florida, and input from past and present residents. It’s our obligation to you to ensure that they are enforced.

Learn More About Our Community Standards →

Yes, we understand that pets are cherished companions and an important part of many households. In all our communities, small dogs and cats are welcome inside the home. Please note that size restrictions for dogs may vary by community. Additionally, all pets must receive park approval prior to move-in.

You may sell your home independently, through a licensed agent, or by listing your home with the community sales office. Most departing residents choose us to sell their home because this is what we do for a living. In the case of an estate, the inheritor(s) may move into the home provided they meet all the applicable entry requirements or sell the home to another qualified party.