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Property purchase by BCC
- Thread starter wrobert
- Start date
NotDeadYet
Beach Fanatic
See the Angelo's thread in the Real Estate section. It is the site of the proposed Angelo's condos over by Eastern Lake.
NotDeadYet
Beach Fanatic
They did not make the purchase. Ronnie Bell brought it up for discussion and suggested the county look for grants to use as purchase money.
scooterbug44
SoWal Expert
I certainly vote they make a lowball offer instead of just writing a check for the asking price w/ our tax dollars.
Smiling JOe
SoWal Expert
As NotDeadYet correctly mentioned, the County didn't purchase the property. The County did have one appraisal done (I guess they don't care about getting three and taking the average price), and are looking into finding funds/grants to make the purchase.
wrobert
Beach Fanatic
We don't. All of a sudden the county seems to be getting all sorts of offers to purchase land for the market value set by the county property appraiser. Wonder why?
jodiFL
Beach Fanatic
oh yea... dump that property you cant develop in the counties lap. Way to go, developers looking for the quick buck! Sorry but I guess SOWAL real estate wont be paying for that house in the Bahamas like you planned. What a Catch22 situation ......folks wanting it appraised high for the resale then not being able to sell it for that and trying to blame the PA. Glad I dont have enough $$ to be a RE speculator/developer.
Busta Hustle
Beach Fanatic
not in all cases Jodi...one recent purchase by the county school board from a local developer netted him a tidy 2 or 3 million dollar profit...it was the 40 acre parcel purchased at the end of last year...i think the developer had only had the parcel a couple of years or so, bought it at the top of the market for around 1.2 and sold it after the crash to the county for i think around 4...developer hero county zero...
Last edited:
SHELLY
SoWal Insider
...come to find out, neither did many of the current batch of "RE speculators/developers"
.