Miami Area Gets First New Manufactured Home Community in Decades

Miami-Dade County is one of the most desirable places to live in the country, but its median listing price of $595,868 is pushing many everyday people out of the market.

That’s why an affordable alternative is drawing attention.

Cottage Grove, a manufactured housing community under construction in South Miami-Dade, will feature 349 single-family homes with prices starting at just $129,900. It will be the first new manufactured housing development in Miami-Dade in decades.

"The interest has been tremendous," Ross Partrich, the CEO of RHP Properties, which owns Cottage Grove, tells Realtor.com®. "The market is showing there’s a real need—we’ve had over 1,000 inquiries."

RHP Properties has built manufactured housing communities across 31 states, including Florida, but this is its first project in Miami-Dade.

"Cottage Grove addresses a critical gap in the housing supply at a time when rising home prices and construction costs are putting homeownership out of reach for many families and when supply is shrinking due to redevelopment," says Partrich.

According to the Manufactured Housing Institute, approximately 22 million Americans reside in manufactured homes. These homes are faster and cheaper to build.

"There's much less waste and more precision when you're building in a factory," says Partrich. "The economies of scale are better, and we’re passing on the savings to our residents."

About the community

At Cottage Grove, homeowners will own their houses but lease the land beneath them, paying $1,445 a month in lot rent.

Partrich says residents of the community will enjoy five-star amenities.

"That includes a beautifully maintained pool with a large sun deck, contemporary clubhouse, fitness center, yoga and lounge rooms, scenic biking and walking trails, and serene gazebos," he says.

While many manufactured housing communities in Florida are age-restricted to 55 and older, this 92-acre community will welcome residents of all ages.

"The playground, expansive green spaces, and gated entrance add to the community's appeal for families," says Partrich.

Partrich says people have already begun putting down deposits on the homes—each of which has four bedrooms and is around 1,600 square feet.

"They're spacious, with open floor plans, multiple living areas, and kitchens equipped with stainless-steel appliances and islands," he explains.

The first group of homes is expected to be completed and move-in-ready by late summer.

Durability and long-term value

In hurricane-prone Florida, durability and safety are key considerations.

Homes in Cottage Grove meet a set of quality standards from the Department of Housing and Urban Development.

They're set on concrete foundations, and Partrich says they're able to withstand hurricane-force winds—which gives residents added peace of mind.

Over the past seven years, manufactured homes sold without land have appreciated by 51.6%, according to the Realtor.com Perks of the Park: Mobile Homes as an Affordable Alternative Report.

By comparison, median single-family homes rose 58.6% over the same period.

“Financing has typically been more challenging to obtain on manufactured homes, with fewer lenders and higher interest rates,” Florida real estate agent Cara Ameer tells Realtor.com.

“Most manufactured housing communities use land leases, adding a monthly fee that can make it harder for some buyers to qualify or stay long-term. As a result, appreciation has historically been more limited,” Ameer explains.

But Florida real estate broker Jeff Lichtenstein, CEO of Echo Fine Properties, says he believes manufactured houses will only continue to rise in popularity, especially in the Sunshine State.

"Stronger manufactured homes are going to be big," he says. "The reason is that people just want a piece of the American dream and don’t want to be stuck in rentals. These, in many cases, are stepping-stone communities that let someone get started and not be forced to move two counties away. It solves the problem of homeownership, individual placement, and a sense of community."