Thursday, April 14, 2005

Real Estate In Florida

From CNN:

WEST PALM BEACH, Florida (AP) — A man who fought for years to keep his home and businesses in the Everglades has accepted a $4.95 million buyout offer from the state, which plans to restore the wetlands ecosystem.

The deal, approved Wednesday by a Collier County judge after a more than 12-hour mediation hearing, allows Jesse Hardy to remain on his 160 acres until November 30.

Hardy paid $60,000 in 1976 for the land about 40 miles east of downtown Naples on the southwest coast, and built a small, corrugated metal-roofed house. He had no electricity and used propane for cooking and refrigeration.

Makes me sorry I hung up on that guy who was trying to sell me that piece of property in east Naples.