Has anyone heard anything about a new development going in
Seagrove on the north side of 30-A, next to a mini-warhouse, close
to Summer's Edge? We received certified mail today in regard to
a new major development consisting of a 35 single family subdivision
with 13 townhome units, 7 live/work units and 7,875 sq.ft. of retail
space conceptual PUD on 4,743 acres with a future land use
designation of Village Mixed Use. The proposed site is located on the
north side of C.R. 30-A, east of Cypress Grove Lane and west of May Drive.
A planning commission meeting is scheduled. We received the letter in
regard to having property close by to this new development. The letter
states we're within 300 ft. of the above referenced parcel. Familiar any-
one with the above??
The name states LLC (Johnny Earles, Applicant and Connelly & Wicker, Inc.
(Ryan Christensen), Agent.
Replies
76
SoWal Expert
Enough to squeeze by.:funn:Are you sure that you didn't sell money presses, rather than clothes presses?
.
Beach Fanatic
Bobby J needs to break open his surfer bank and buy this piece of property and build Collaborations II!
One day....
Beach Fanatic
Yes! I really miss Collaborations.
SoWal Insider
:funn:Are you sure that you didn't sell money presses, rather than clothes presses?
Shelly sold clothes presses?
I knew I liked Shelly.
Beach Fanatic
I've always wanted a mangler.
Beach Fanatic
results from auction as expected...bank kept it.
SoWal Insider
results from auction as expected...bank kept it.
No doubt.
....what was the highest bid?
.
Beach Comber
I heard Zohouri is letting all the banks have the Florida properties since the values tanked statewide and moved to Galveston to semi-retire
I agree with Palm Beach, this is a tough spot for the bank. As to whether this is an absolute auction I would think so. This is a foreclosure sale, not a marketing strategy. The bank has a judgment against the LLC and the individual. It's a bad deal for the bank but worse for Zohouri. It will be very interesting to see what the market value is for this piece. Push is coming to shove.
Beach Crab
Trust me from experience, don't lay a finger on anything that Zohouri or any of his companies have ever touched. His entire umbrella of companies (Integrus, Zohouri, TREC, ReMax Atlanta) are being investigated for mortgage fraud and RICO. His developments were so overvalued, there's no way any lenders are going to recoup their money.
Beach Fanatic
well it's back on the market for a just under 12 mil if there are any wannabee's ready to pick up the pieces...
SoWal Insider
well it's back on the market for a just under 12 mil if there are any wannabee's ready to pick up the pieces...
:funn:
Love these "Golden Oldies" flashback threads.
.
Beach Comber
well it's back on the market for a just under 12 mil if there are any wannabee's ready to pick up the pieces...
Land is worth the debt so the lender will get all their money back
SoWal Insider
Land is worth the debt so the lender will get all their money back
It sold?
.
SWGB
Nope, probably wishful thinking.
Beach Fanatic
I had a shop there for about 10 years...I miss all my friends and customers. I loved the community feel of the other shops. It was a old building but a lot of good happened in that old place. Oh well...things do change.
Beach Fanatic
I had a shop there for about 10 years...I miss all my friends and customers. I loved the community feel of the other shops. It was a old building but a lot of good happened in that old place. Oh well...things do change.
Dem were da days....;-)
SoWal Expert
I thought we were talking about the AquaTerra development. Are you referring to the Collaborations strip, Lightworker?
Beach Fanatic
I thought we were talking about the AquaTerra development. Are you referring to the Collaborations strip, Lightworker?
Yeah. They want allot more for Aqua Terra...
I think the winner on the Collab strip was Fred Lee
(Seller to Zohouri Development ). He paid like $150,000 for it!SoWal Expert
Thanks for straightening that out for me.
Beach Fanatic
Thats a nice piece of land and I loved the original shops there, but that price needs a zero lopped off of it.
SWGB
I had a shop there for about 10 years...I miss all my friends and customers. I loved the community feel of the other shops. It was a old building but a lot of good happened in that old place. Oh well...things do change.
We did have some good time there!
Beach Fanatic
We did have some good time there!
I think I figured out who this is?
Beach Fanatic
I got married there once!!!;-);-)
SoWal Expert
I got married there once!!!;-);-)I noticed that particular store had only one level.
(reference to the Husband Store thread).Beach Fanatic
We did have some good time there!
Yes we did ...
I got married there once!!!;-);-)
:shock: You said the M word...:shock:
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