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Old 10-11-2024, 06:29 PM   #1
bobkatfly
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Default ????

Hmmm, it's not April 1st. Not sure what's going on here but after speaking with the owner she said it's not currently for sale but if someone offered her $3.5 she said she'd be foolish not to accept. I guess lots of people have been calling her about it. I couldn't find any MLS listing either.
I guess....stay tuned.
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Old 10-13-2024, 09:11 AM   #2
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Default Not Surprised

I am totally not surprised that you would hear that from the owner. From what I have heard, her history of truthfulness when dealing with the condo association has been less than exemplary.

I dug out the old e-mail with the sell sheet (attached below) from my various accounts. Note that the property is described as 4.3 acres w/37 parking spaces. As I understand it, the association owns the land and the parking although, under the association documents the store unit is allowed 37 spaces. I believe that the association met with the realtors to ask them make the appropriate corrections. Maybe this is why she says it now no longer for sale.
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File Type: pdf Pier 19 Sale Sheet.pdf (1.38 MB, 1787 views)
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Old 10-13-2024, 09:35 AM   #3
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How old is the old e-mail?
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Old 10-13-2024, 09:37 AM   #4
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Quote:
Originally Posted by bobkatfly View Post
How old is the old e-mail?

7/25 of this year.


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Old 10-13-2024, 09:52 AM   #5
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Quote:
Originally Posted by The Real BigGuy View Post
7/25 of this year.


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Interesting. It's not currently on Maxfield's commercial listing. I noticed Spider Web is back on there though.
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Old 10-13-2024, 09:59 AM   #6
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Just idle speculation, but if we take all the recent posts, one could surmise--

A realtor told her the place was worth $3.5MM, she said "OMG...sell it now!". The realtor began talking this up to others to prep the market a bit...and then they realized $3.5MM is insane.
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Old 10-13-2024, 10:15 AM   #7
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Quote:
Originally Posted by FlyingScot View Post
Just idle speculation, but if we take all the recent posts, one could surmise--

A realtor told her the place was worth $3.5MM, she said "OMG...sell it now!". The realtor began talking this up to others to prep the market a bit...and then they realized $3.5MM is insane.
You give her far too much credit. I think she told the agent 4.3 acres with waterfront and 37 spaces. When the association pointed out the reality, the agent told her 3.5 was a pipe dream and said they wouldn’t list it because it would never sell.


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Old 10-13-2024, 11:24 AM   #8
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I'd love to look at her books to see how much NET money she has made or loss over the past three years.

It is that figure which will actually likely determine as to what the property is really worth.
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Old 10-13-2024, 10:10 AM   #9
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Quote:
Originally Posted by The Real BigGuy View Post
I am totally not surprised that you would hear that from the owner. From what I have heard, her history of truthfulness when dealing with the condo association has been less than exemplary.

I dug out the old e-mail with the sell sheet (attached below) from my various accounts. Note that the property is described as 4.3 acres w/37 parking spaces. As I understand it, the association owns the land and the parking although, under the association documents the store unit is allowed 37 spaces. I believe that the association met with the realtors to ask them make the appropriate corrections. Maybe this is why she says it now no longer for sale.
Very, very misleading how that sale sheet is written. Make one think you actually own land with the listing. No land is included at all.
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