More evidence that Florida IS crazy!

Discussion in 'Bad Dog Cafe' started by DougM, Feb 11, 2019.

  1. DougM

    DougM Friend of Leo's

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    A man turned down $1.8M for this shack because he believes that it's on "sacred" land. This could only happen in Florida. Even Silicon Valley and Hawaii real estate prices aren't that insane. And there is a lot of land that's considered sacred here. dims.jpg
     
    Last edited: Feb 11, 2019
  2. src9000

    src9000 Poster Extraordinaire

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    You wouldnt say that if you knew your shack was on sacred land.

    Edit:
    I'd just like to add that my shack is on sacred ground, but I'd let it go for 1.2M.
    Please?
     
    Last edited: Feb 11, 2019
  3. Obsessed

    Obsessed Doctor of Teleocity Ad Free Member

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    Sounds like a great real estate agent writing to boost the bidding war.
     
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  4. Robert H.

    Robert H. Friend of Leo's Silver Supporter

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    I’m not sure who’s crazier - the guy who wants it or the guy who won’t sell it...
     
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  5. telemnemonics

    telemnemonics Doctor of Teleocity

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    Maybe the guy buried his wife under the floorboards?
     
  6. Jupiter

    Jupiter Telefied Silver Supporter

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    I gotcher sacred land right here!
     
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  7. Rick330man

    Rick330man Tele-Holic

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    As already suggested, the question is: why is someone offering that kind of money for that shack-teau?

    There's obviously more to this.
     
  8. Boubou

    Boubou Doctor of Teleocity Gold Supporter

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    That’ll rub right off
     
  9. Chunkocaster

    Chunkocaster Friend of Leo's

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    Look at the multi storey apartments behind it. Development is why it's prices as high as it is. Unless it's a fellow worshiper of the Sacred Shark Savers?

    A family friend bought an old home on the beach decades ago for under 100k. They took off to teach English in japan about 20 years ago and upon return the location has been developed with high rise beach front apartments. Their place is crusty like that shack and last I heard he was contemplating accepting a multi million dollar offer with a free top level apartment in the new building thrown in. The guy that rents it for under $200 bucks a week must be pissed.
     
    Last edited: Feb 11, 2019
  10. Paul Jenkin

    Paul Jenkin Friend of Leo's

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    Our house is on ground that could easily have been where Boudica strutted her stuff when rebelling against the Romans.

    I wouldn't ask a penny more than £1,000,000. Bargain!
     
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  11. radiocaster

    radiocaster Friend of Leo's

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    Monthly fees are probably higher than rent in a normal place, so you'd end up spending most of the money got for the shack. Bad deal.
     
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  12. Chunkocaster

    Chunkocaster Friend of Leo's

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    If it was me I would take the money and apartment and once completed immediately sell the apartment.
     
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  13. radiocaster

    radiocaster Friend of Leo's

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    They probably have a clause that you have to stay there for 10 years or something so they can get the money they gave you back.

    Plus even if you can sell it, it might take a while, and you have to keep paying monthly.
     
  14. catdaddy

    catdaddy Tele-Holic

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    Based on that picture, I'm guessing that the storage shed in my backyard is probably worth about three-quarters of a million, even without the "sacred land" rider.
     
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  15. Chunkocaster

    Chunkocaster Friend of Leo's

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    :lol:
    You are probably right. I think they are just desperate for the property because it's the only single story house on a large enough block of land to develop left in the whole strip. It's got ocean frontage and the rear faces a marina. The property value on apartments in that zone are now pretty much guaranteed with no speculation involved. It's funny to see such a pos of a house surrounded by luxury apartments. To top it off the guy that was renting it owns a rusted out bomb of a car from the 70's.

    The owners can't loose anyway. It's freehold and probably owes them around 150k including interest payments since they bought it. They are in their 70's now. I'm sure they will appreciate the cash after working for low paying jobs all their lives.
     
    Last edited: Feb 11, 2019
  16. Bones

    Bones Telefied Ad Free Member

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  17. Rick330man

    Rick330man Tele-Holic

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    His father was American of native American ancestry but his last name is Bermudez (Spanish)?

    He's apparently sitting on prime real estate. If eminent domain is invoked, he'd be entitled to fair market value. Given the offer already made and the real estate going up around him, I'd say he'll be rich soon.
     
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  18. Musekatcher

    Musekatcher Tele-Afflicted

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    I'd rather live in Florida than Silicon Valley or Hawaii. BTW, that would make an excellent dive bar as-is. In a neighborhood like that, it would be all the rage, $20 cocktails, massive bourbon menu, fish tacos, expensive lighting and clever stage setup, with really out there live music.
     
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  19. Wallo Tweed

    Wallo Tweed Friend of Leo's

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