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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (57769)7/15/2006 1:57:35 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
$137 million...gawd, not another development. Actually, I drove by the property a year ago and saw the for sale sign.

At $5k an acre that's $1250 for a 1/4 acre homesite. Visions of sugarplums and dollar signs are dancin' through some developers mind. A lot of people don't know how hot and steamy interior Florida gets in the summer either.