Selling park makes residents millionaires

Interesting story from Florida.

http://www.sun-sentinel.com/news/local/palmbeach/sfl-pbriny13dec13,0,6357313.story?coll=sfla-news-broward&track=mostemailedlink

sentence. " it’s a good thing and a sad thing". How true. this is happening all the time here in Florida.

There is huge REIT and private money chasing waterfront property. I own some and it is a huge temptation to sell property for HBU (highest best use).

The problem is it alters forever the “old Florida” we love here. That said…SELL!!! These folks are millionaires with little effort or time.

When the dollar amount works for me I’ll do the same.

greg