Leaseholder trying to build condos at county park

Miami /
Jun.June 05, 2016 12:30 PM

A leaseholder controlling almost six acres at county-owned Navarre Beach Marine Park in Florida’s Panhandle is seeking a lease amendment allowing condo construction on the land.

The parkland lease is held by an entity called Shoreline Developers of Florida, LLC.  Navarre Beach Marine Park, part of the Santa Rosa County park system, is sandwiched between Santa Rosa Sound and the Gulf of Mexico.

Real estate developer Vic Deal asked the Navarre Beach Leaseholder Association in a May 17 letter to support a proposed development of 134 condo units in a six-building cluster on the nearly six-acre site.

Deal also stated in his letter to the leaseholder association that its approval isn’t “legally required” for the condo project to advance. The developer is seeking an amendment to the lease subjecting the land to current zoning instead of development restrictions in the lease.

According to Deal’s letter, the land lease now allows only for a three-story metal storage building, “which we believe would not benefit the beach, nor do we have any interest in building.” [Navarre Press] — Mike Seemuth


Related Articles

arrow_forward_ios
Here’s what Mast Capital plans for La Costa’s evacuated, oceanfront Miami Beach site
Here’s what Mast Capital plans for La Costa’s evacuated, oceanfront Miami Beach site
Here’s what Mast Capital plans for La Costa’s evacuated, oceanfront Miami Beach site
La Costa condo building and Mast Capital Princial Camilo Miguel Jr (Mast, Douglas Elliman)
Oceanfront Miami Beach condo ordered evacuated following bulk buyout deal
Oceanfront Miami Beach condo ordered evacuated following bulk buyout deal
Elizabeth “Bess” Weatherman and the Gulf Stream condos (Compass, Warburg Pincus)
Staying in Gulf Stream: Buyer downsizes to $6M oceanfront condo
Staying in Gulf Stream: Buyer downsizes to $6M oceanfront condo
James "Jimmy" Finkelstein and Pamela Gross with 622 North Flagler Drive, West Palm Beach (Getty, Modern Living Group)
Media power couple buys West Palm Beach condo for $6M
Media power couple buys West Palm Beach condo for $6M
(Getty)
Surfside collapse a “come to Jesus moment” for South Florida’s condo market
Surfside collapse a “come to Jesus moment” for South Florida’s condo market
Jonathan Cox and Faena House at 3315 Collins Avenue, Miami Beach (Federated Companies, Foster and Partners)
Federated Companies developer buys Faena House condo for $6M
Federated Companies developer buys Faena House condo for $6M
Royal Palm Companies's Dan Kodsi, OneWorld Properties's Peggy Olin and a rendering of Legacy Hotel & Residences
Selling out: South Florida condo developers report feverish market
Selling out: South Florida condo developers report feverish market
Jon Paul Pérez and Gil Dezer with Residences by Armani/Casa
Related, Dezer report nearly $1B sellout at Residences by Armani/Casa
Related, Dezer report nearly $1B sellout at Residences by Armani/Casa
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...