Presenting an Exciting & Limited Opportunity
To Own an RV Site and Boat Slip On
Florida's Beautiful West Coast
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For detailed information on the site plan and pricing, please email info@holidaycoverv.com or call 941-792-1111.
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Framed by palm trees and 600 feet of waterfront, Holiday Cove is reminiscent of Old Florida. Conveniently located in the heart of the quaint maritime village of Cortez on Florida's west coast, Holiday Cove RV Resort offers guests comfortable sites and amenities complimented by the personalized service of our attentive staff. The Resort is truly a treasure for those in pursuit of a relaxed vacation lifestyle in a wonderfully natural environment.
For boating and fishing enthusiasts, Holiday Cove also features a marina with a boat launch and boat slips to accommodate 33 boats. It’s just a leisurely ¼ mile sail from the dock to Sarasota Bay and the Gulf of Mexico.
If you've always wanted to own Florida vacation property and enjoy RV vacations near home, now's the time to check out Holiday Cove RV Resort, one of Florida's finest beach area destinations.
For immediate information, please email us at info@holidaycoverv.com or call 941-792-1111.
Photos of the New Holiday Cove
Some Things to Consider When Looking at Purchasing a Florida RV Site
Acquiring an RV site is a big step and there are many factors that make this move attractive for many RVers of all ages.
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Reservations are never needed. It’s your RV site and is guaranteed to be available for your use indefinitely, regardless of season. |
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Have you ever thought that owning an RV park or campground might be a good business opportunity? Well, when you buy a site at Holiday Cove, you’re an owner and have a voice in the manner in which the park is operated and managed. |
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In all likelihood, your neighbors at Holiday Cove will have similar interests as you, making the resort a community of like-minded people and helping to forge lasting friendships. |
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Rising gas prices and the possibility of fuel shortages are causing many long time RVers to look for alternative ways to use their RV. Purchasing an RV site is one of the most economical ways of owning a Florida vacation property, and provides a great way to use your RV for years to come. |
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The cost of storing an RV when it’s not being used is increasingly rapidly in many areas. In some cases, RV storage can run $10 or more per foot, making monthly storage fees of more than $300 or $400 not unusual. Owning your own site provides you with permanent storage that you own. |
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You may personalize your site in many ways – upgrading surface areas, adding landscaping, creating a garden, or perhaps adding a storage facility are some of the upgrades owners may wish to consider. (Site improvements are subject to management approval). |
Financial Advantages of Owning a Florida RV site and Boat Slip
The financial benefits of site or boat slip ownership are similar to the advantages of owning other real estate assets.
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Site ownership locks in the largest part of your monthly RV site payment. While property taxes, insurance, and maintenance fees may rise in small increments over time (and often are controllable by the Homeowners Association), the principal and interest payments associated with a mortgage remain constant. Daily, weekly, monthly and annual RV site rental rates typically increase annually. |
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The value of Florida real estate and especially real estate located close to the coast lines is well known. Owning an RV site at Holiday Cove may result in significant gains if the property value rises. While no one can guarantee increasing real estate values, it is widely known that the number of RV sites in coastal areas is decreasing while the number of RVers interested in RV sites in these areas is increasing annually. |
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Depending on individual circumstances, interest on mortgages and other ownership costs and fees may be tax deductible, lowering your federal and state taxes each year. |
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Mortgage payments on your site and slip build equity each year. |
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Your RV site can be rented and earn income that can offset maintenance fees and other ownership costs. There may be additional tax benefits on both property and association fees if you rent your RV lot. |
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Your site is your property and can be passed to your children, grandchildren or others. |
Frequently Asked Questions
As you consider acquiring an RV site (and possibly a boat slip) at Holiday Cove, we realize you’re likely to have many questions about the resort and the opportunity to become an owner. The following Q and A is intended to help answer some of your questions.
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What is the format of ownership at Holiday Cove?
RV lots at HC are sold fee simple with a warranty deed to the individual lot. Owners may sell their lot at any time. Each lot is surveyed and boundaries are marked. Boat slips may also be sold at any time but ownership of a slip is limited to those who own an RV site. HC is not in any way a membership or timeshare resort.
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Who are the resort condominium developers?
The resort is being developed and marketed by Holiday Cove RV Resort LLC, a Florida company created to acquire and re-develop this resort into an RV condominium. The principals of HC RV Resort LLC are Ed Rymer, an experienced real estate developer and David Gorin, the former President and CEO of the National Association of RV Parks & Campgrounds, the President and CEO of Best Parks in America and a nationally known consultant to the RV resort industry. Holiday Cove is the only RV resort the company is currently engaged in developing.
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What type of RVs are permitted at Holiday Cove?
Only licensed and road ready motorhomes, travel trailers and fifth wheel trailers in like new condition are permitted at Holiday Cove. Management reserves the right to refuse entry to any RV or vehicle deemed not in like new condition or considered by management to be incompatible with HC Resort standards. Truck campers, van campers and folding camping trailers (pop-ups) are not permitted at Holiday Cove.
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Who may purchase a site at Holiday Cove?
Any individual or legal entity may purchase a site and boat slip at Holiday Cove. HC is not an age restricted resort – all are welcome.
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What are the owner’s rights to use their sites?
The resort is open year round and owners may use the resort at any time. Each owner must maintain a primary residential address at another location to which notices and invoices may be sent. The resort is a recreational facility and is not intended for permanent, year round occupancy. RVs may be left on site without restriction.
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How much is the monthly Homeowner’s Association Fee?
The HOA fee is currently $150 per month for owners without a boat slip and $164 per month for owners with a boat slip, and is paid quarterly. Included in those dues, $18 per month contribution to the reserve fund for future repairs and upgrades as the HOA may determine necessary. The HOA fee includes water and sewer, Wi-Fi internet, cable TV, garbage pickup, liability Insurance (covered by the resort’s umbrella policy), common area property taxes and insurance, common area electric, and maintenance of common areas and common facilities. The walking path along the canal is part of the common resort area and is maintained by the HOA.
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What other fees are the responsibilities of the lot owners?
Site owners pay their own property taxes, electricity, and telephone. Site owners must maintain insurance on their RV.
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Who owns the boat slips?
Only HC RV site owners may purchase a boat slip either as part of their initial site purchase or they may purchase a slip, if available, at a later date. Slip owners may sell their slips at any time. However, the slips must be sold to a new or existing HC site owner. Unsold boat slips remain the property of the developer and may be available for rent on a daily, weekly or monthly basis.
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How large are the sites and what amenities are included on each site?
Most sites are between 1540 sq ft (27 x 55) to 3000 sq ft (40 x 75) depending on location. Several sites are smaller. Each site includes a brick paver driveway, patio, and RV parking pad, water, 50 amp electric service, sewer, cable TV and access to wireless internet. Each site is landscaped to builder standard. Site enhancements such as upgraded landscaping, expanded paved areas, storage facilities and furnishings are available at the time of purchase or at a later date in accordance with rules and regulations set forth by the resort management and the HOA Board of Directors.
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How large are the boat slips and what is the maximum size of boat that can be accommodated?
Boat slips can accommodate many styles and sizes of boats, however boats may not block passage of the canal while docked. Sailboats with fixed masts cannot be accommodated.
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What facilities are provided in the resort and who may use them?
Facilities are open to site owners, their guests and renters invited to use the site by the site owners. Facilities include the clubhouse, heated pool, laundry, restrooms, small exercise area, boat docks and boat launch, trailer storage area, and waterfront decks.
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What is the resort policy on pets?
HC is a pet-friendly environment. Site owners and renters may have up to 3 household pets. Outdoor pets must be kept on a leash at all times and pet owners are responsible for both picking up after their pets and for controlling their behavior to avoid any disturbances to site owners or guests.
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May I leave my RV and/or boat in the resort when I’m not present?
Site owners may leave their RV on their site or their boat in their slip when they are not present in the resort. . Depending on the size of the site, a second vehicle may be parked within the site. One boat and/or boat trailer may be stored in the boat storage area provided at no cost to site owners.
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How many vehicles are allowed on my site?
The size of the site will determine how many automobiles may be kept on a site. Owners and tenants may park automobiles only within their site.
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Are site owners permitted to loan or rent their sites?
Yes, in fact renting is a great way to buffer the cost of a site purchase. Site owners may loan or rent their sites to others subject to loaner and renter prior approval by the HOA and compliance with all of the resorts rules and regulations that apply to owners. The minimum rental period is one week. Management may, at its discretion, offer a resort-operated rental office to assist owners who wish to rent their sites. If management determines it wishes to offer rental assistance, rental income shall be split 70% to the site owner and 30% to the management. Also, you can rent your site on your own for a 20% fee to the management.
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Who is responsible for resort management?
HC is managed by an HOA Board of Directors comprised of site owners. The resort will be solely managed by the developer until such time as 90% of the sites and boat slips have been sold and the management is conveyed to the HOA. The HOA may then select its own management agent or self-manage the resort.
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Why Own a Site?
The number of RV resorts has diminished, yet the number of RV owners continues to climb. As counties throughout the U.S. impose land use restrictions and developers buy coastal RV parks for other uses, the problem will get worse. As a result, owning your own RV lot is a smart move for a number of reasons. The long-term value of Florida real estate located near the coast is well-known, especially when you own a unique property. Also, this shortage causes only a few parks to offer such premium sites, even for rent. So, making a reservation becomes difficult at peak times. If you own your lot, reservations are never needed. It’s your RV lot and it is guaranteed available for your use indefinitely, regardless of season. As more owners purchase lots, the fewer sites will be available for rent. Don’t be stuck without a site to rent.
Instead of throwing away money on rent, your mortgage payments build equity and may be tax deductible. In addition, your deeded RV lot may generate income for you if you choose to rent it out. Consider this scenario: fifteen years of rent payments spent vs. fifteen years of mortgage payments that go towards your ownership of the site. You decide which is best. Hundreds of RV owners have already made the decision to own vs. rent. It just makes sense.
Rising gas prices and the possibility of fuel shortages are causing many long-time RVers to look for alternative ways to use their RV. Lot ownership is a great way to use your RV. Leaving your RV on your own lot allows you to drive to and from the resort in your regular vehicle, saving substantially on fuel costs.
The cost of storing an RV when it’s not being used is increasingly rapidly in many areas. In some cases, RV storage can run $10 or more per foot, making monthly storage fees of more than $300 or $400 not unusual. Owning your own site provides you with permanent storage that you own.
Have you ever thought that owning an RV park or campground might be a good business opportunity? Well, when you buy a site at Holiday Cove, you’re an owner and have a voice in the manner in which the park is operated and managed. Pride of ownership from you and your neighbors will assure that the resort is well-maintained, and managed. Owners have a direct say in resort management.
Your site is your property and can be passed to your children, grandchildren or others.
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Are there financial advantages of owning an RV site or boat slip?
The financial benefits of site or boat slip ownership are similar to the advantages of owning other real estate assets.
While property taxes, insurance, and maintenance fees may rise in small increments over time (and often are controllable by the Homeowners Association), the principal and interest payments associated with a mortgage on your site remain constant. Daily, weekly, monthly and annual RV site rental rates typically increase annually. Depending on individual circumstances, interest on mortgages and other ownership costs and fees may be tax deductible, lowering your federal and state taxes each year.
Your RV site can be rented to earn income that can offset maintenance fees and other ownership costs. There may be additional tax benefits on both property and association fees if you rent your RV lot.
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Some things to think about when purchasing an RV site
You may personalize your site in many ways – upgrading surface areas, adding landscaping, creating a garden, or perhaps adding a storage facility are some of the upgrades owners may wish to consider. (Site improvements are subject to management approval).
Holiday Cove is small community. In all likelihood, your neighbors will have similar interests as you, making the resort a community of like-minded people offering the potential to forge lasting friendships.
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RV Site and Boat Slip Purchase Agreement & Condominium Documents
Prospectus
Declaration of Condominium
Purchase Agreement
Receipt For Condominium Documents
Frequenty Asked Questions
Form of Special Warranty Deed
Escrow Agreement
Rules & Regs
Articles
Operating Budget
> Maintenance Fees By Site
> Deferred Maintenance
> Condo Monthly Fees
Bylaws
Alternative Media Disclosure
Evidence of Developer's Interest
Local Acceptance Approval of Dock
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