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Declaration of County Owned Property Located on Heckleman Street as Surplus Property and Consideration of Purchase Offer Submitted by Donna Armstead (Key #38453)
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BRIEF OVERVIEW
Hernando County owns Parcel Key No. 38453 which is assigned as an asset of Hernando County Water and Sewer District. It is a vacant residential lot, consisting of 7,500 square feet that is located on Heckleman Street.
There is one offer to purchase the subject property on this agenda item. It is from Donna Armstead for the sum of $16,000.00. There are no contingent offers.
The Hernando County Property Appraiser's 2021 market value, based on 2020 qualified sales, is $3,750.00. The offer presented by Donna Armstead is 427% of the Property Appraiser's value.
Staff recommends the offer being made on behalf of Donna Armstead in the amount of $16,000.00 be accepted. There are no contingent offers.
The legal description for this parcel is as follows:
Lot No. 29, Braewood M.H. Subdivision, described as follows:
Commencing at the NE corner of Section 1, Township 23 South, Range 20 East, Hernando County, Florida, go thence N 89?42' 40" W along the North line of said Section 1, a distance of 2,658.89'; thence South, a distance of 407.18'; thence S89?42'40"E, a distance of 200.00'; to the POINT OF BEGINNING; Thence continue North a distance of 75.00'; thence S89?42'40" E a distance of 100.00'; thence South a distance of 75.00'; thence N89?42'40'W a distance of 100.00' to the POINT OF BEGINNING
Property Appraiser's Parcel ID No.: R01 123 20 1445 0000 0290
Property Appraiser's Key No.: 38453
FINANCIAL IMPACT
If this Contract is accepted, after closing (per FS 197.592) the proceeds will be deposited in Revenue Account 4111-3641061 HCUD, 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 Proper...
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