BRADENTON BEACH – An April 10 proposal submitted by the Pines Trailer Park homeowners for the long-term retention of the mobile park was declined by the park’s ownership group.
The proposal, titled “Revenue Proposal for Long-Term Retention and Recovery of 88 trailers at Pines Trailer Park post-Hurricanes Helene and Milton revenue and stability plan” was sent by Pines HOA vice president Rex Geissler to Pines Park Investors LLC manager Sam Negrin and former LLC manager Shawn Kaleta.
In an April 30 email to The Sun, Geissler wrote: “Sam and I corresponded back and forth. He was very respectful and basically said, ‘At this current moment, we will respectfully have to decline the proposal.’”
The proposal offered the park ownership group two options: The sale of the park to investors with a sales price in the range of $25 million to $30 million, or to retain the park with consistent revenue and a 25-year commitment.
The proposed revenue included the sale of approximately 68 of the repairable trailers at $100,000, each, with a 25-year retainer contract, as well as immediate revenue from 20 repaired trailers where lot fee paying tenants are in place at $50,000 each, with a 25-year retainer contract.
In addition to the upfront capital of approximately $8 million in trailer sales, the proposal stated the monthly lot rental for 88 lots would produce $155,500 in monthly income, or $1.86 million annually.
“Following the extensive damage caused by Hurricanes Helene and Milton in 2024, and with an eye on ‘maximizing your investment with minimal expenses,’ and in the spirit of the September 2025 confidential settlement agreement with the HOA that allows remaining residents to stay at the Pines Trailer Park, I respectfully submit this comprehensive proposal,” Geissler stated in his proposal.
While terms of the settlement agreement are confidential, sources have indicated that under the terms of that agreement the remaining 20 or so residents at the trailer park will be allowed to remain there until this fall.
The park ownership group’s future plans for the mobile home park property have yet not been disclosed.
On March 19, contracted Bradenton Beach Building Official Rob Perry told the mayor and city commissioners the park ownership group’s lot split application had been denied.
“They did put in an application for a lot split, which was rejected,” Perry told the commission. “They can’t do a lot split. There’s an old plat there. We have five mobiles on each lot in the old plat.”
Perry told the commission he expects the park ownership group to eventually submit an application to rezone the mobile home park property from its current M-1 mobile home zoning to a different zoning designation that would allow for a different type of development.
“They want to develop the property, and it won’t be a mobile home park,” Perry said.
According to the Bradenton Beach building department, a formal major development or zoning change application had not been submitted for the Pines’ property as of May 1.
