Subject:
Title
Approval: Sale of Surplus Real Property by Private Sale Process to an Adjacent Property Owner, Brevard County-District 2
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Fiscal Impact:
Based on an independent appraisal, the value of this section of property surplused by the County is $13,000. The proceeds from the sale will be returned to the Parks and Recreation Department - South Area, less the cost of postage, advertising, and administrative fees. This section of the parcel will be reclassified by the County's Property Appraiser from governmental use (exempt from ad valorem taxes on the County property roll) to commercial use and will be assessed on the County's ad valorem tax roll.
Dept/Office:
Central Services/Asset Management
Requested Action:
Recommendation
Request the Board of County Commissioners' permission to approve the following:
(1) Private sale of County surplus property to an adjacent property owner pursuant to Section 125.35(2), Florida Statutes and Section 2-243(a), Brevard County Code of Ordinances; and
(2) Authorize the County Manager or his designee to send notice of the County's intent to sell the section of this parcel to an adjacent property owner; and
(3) To negotiate the terms of the private sale pursuant to Section 2-243(b), Brevard County Code of Ordinances.
(4) The purchaser is to pay all the closing costs associated with the sale of the parcel; and
(5) Authorize the Chair to sign closing documents.
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Summary Explanation and Background:
On January 12, 2024, the County's Parks and Recreation Department (the Department) surplused a portion of the vacated right-of-way of Aspinwall Lane; see the Legal Description below. The only adjacent property owner, IR Tiki, LLC, approached the County about purchasing property, which the Department had surplused. The Public Works Department recommended that the adjacent property owner obtain an appraisal from a real estate appraisal firm that is a Member of the Appraisal Institute (MIA). The adjacent property owner c...
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