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Declaration of County Owned Property Located on Fig Avenue as Surplus Property and Consideration of Purchase Offers Submitted by Potential Buyers (Key #28589)
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BRIEF OVERVIEW
Hernando County owned Parcel Key No. 28589 is a vacant commercial lot consisting of 22,500 square feet, located on Fig Avenue in Hernando County.
There are two offers to purchase the subject property of this agenda item. The first offer is from Ceiba Ltd. Co. for the sum of $23,500.00. The second offer is from Andrew Tolwinski for $31,000.00.
The Hernando County Property Appraiser's market value on the property is $21,150.00. The offer presented by Ceiba Ltd., Co., is 111% of the Property Appraiser's value. The offer presented by Andrew Tolwinski is 147% of the Property Appraiser's value.
Staff recommends the offer being made on behalf of Andrew Tolwinski, in the amount of $31,000.00 be accepted.and the offer made by Ceiba Ltd. Co., be considered the contingent offer.
The legal description for this parcel is as follows:
Lot C-55 & Lot C-56, Ridge Manor Estates, according to the plat thereof, as recorded in Plat Book 9, Page 1, of the Public Records of Hernando County, Florida.
Property Appraiser's Parcel ID No.: R36 122 21 0860 00C0 0550
Property Appraiser's Key No.: 28589
FINANCIAL IMPACT
If this Contract is accepted, after closing (per FS 197.592) the proceeds will be deposited in Revenue Account 0011-3641061 General Fund, Sale of Surplus Land.
LEGAL NOTE
The Board is authorized to act upon this matter pursuant to Section 125.35, Florida Statutes and Art. VII, Section 2-170, Hernando County Code of Ordinances concerning disposition of Real Property.
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RECOMMENDATION
If the Board determines that the offer and terms serve the best interests of Hernando County, declare Parcel Key No. 28589 as Surplus, and authorize the Chairperson to sign any contracts conveying the property, as well as authorize the County Attorney to prepare or have prepa...
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