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Rates – Your Choices of Living in Doral
You have the choice of four options for home ownership
in Doral
Option 1:
Purchase a resale home with a
membership
certificate
Option 2:
Purchase a resale home without a
membership
certificate
Option 3:
Purchase a new home and move it to a lot in Doral with a
membership
certificate
Option 4:
Purchase a new home and move it to a lot in Doral without a
membership
certificate
The
membership certificate - A Form of Property Ownership in Doral
Doral Village is a "cooperative" which is a common
method of property ownership in resident owned mobile
home parks in Florida. A cooperative involves resident
members (membership certificate holders) owning a
membership certificate in the corporation.
Approximately 57% of the resident homeowners in Doral
own membership certificates. The balance of the residents are
"homeowner/tenants" who own their own home but do not own a
membership certificate and rent the lot from the
cooperative.
Membership certificate holders have a an ownership stake in the
cooperative, are entitled to vote on cooperative issues
and can hold office, if elected, in the cooperative
board of directors. Homeowner/tenants do not have an
ownership interest in the park, cannot vote on
cooperative issues, and cannot be elected to the
cooperative. Membership certificate holders pay a lower monthly fee than
homeowner/tenants.
A comparison of the shareholder and
homeowner/tenant fees and entitlements is listed below:
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Membership
Certificate
Holder |
Homeowner/Tenant |
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Membership Certificate |
$40,000* |
$0 |
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Monthly Fee (as of 1/1/23) |
$222.00 |
$543.00 |
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Property taxes |
based on property value |
Included in above fee
and DMV Registration
|
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Vote on park issues |
Yes |
No |
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Hold office in Cooperative |
Yes |
No |
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Share of park assets |
Yes |
No |
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* - Current Cost,
Subject to Change |
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Monthly Fee Includes:
Whether you are a membership certificate holder or a Homeowner/Tenant the
monthly fee includes:
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Water, sewer
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Twice a week garbage collection
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Lawn maintenance
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WOW
basic cable
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The use of all park amenities such as pool, clubhouse,
shuffleboard, etc.
Important:
Many other mobile home parks do not include all of the
amenities and features listed above in their
monthly fee. When comparing parks make sure you find out
what is included in the monthly fee and what you may
have to pay for separately.
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