Development plans of the new owner, a site plan for which has been submitted to the City of Boynton Beach propose a single-family residential community. Owner National Land Company (NLC) owns an adjacent property, currently part of Lake Ida Park, with a canal separating the two properties. NCL was the only bidder for the property, “as is” with no contingencies, which sold for $1.6-MM. NCL must however maintain shoreline enhancement and the “littoral zone” (the area of land between the high and low water marks). The county retains mineral and petroleum rights, but does not retain rights of entry and exploration.
PARADISE: 716 beautiful Mediterraneam-style luxury homes on 653 lush acres, 27 golf holes, 13 tennis courts (7 lighted, 1 grandstand court), 42,000 sq ft clubhouse, dining, card rooms, resort pool, fitness, 5 miles of bike trails, basketball, playgrounds, 4 mini-parks, near highways, culture, beach. A perfect lifestyle! Luxury Country Club Specialist MARILYN JACOBS will quickly sell your home and/or find you the HOME OF YOUR DREAMS (561-302-3388). NOW is the time to "make a move."
Thursday, May 15, 2008
DELRAY BEACH SELLS 4.85 ACRES IN LAKE IDA PARK AREA
Development plans of the new owner, a site plan for which has been submitted to the City of Boynton Beach propose a single-family residential community. Owner National Land Company (NLC) owns an adjacent property, currently part of Lake Ida Park, with a canal separating the two properties. NCL was the only bidder for the property, “as is” with no contingencies, which sold for $1.6-MM. NCL must however maintain shoreline enhancement and the “littoral zone” (the area of land between the high and low water marks). The county retains mineral and petroleum rights, but does not retain rights of entry and exploration.
Development plans of the new owner, a site plan for which has been submitted to the City of Boynton Beach propose a single-family residential community. Owner National Land Company (NLC) owns an adjacent property, currently part of Lake Ida Park, with a canal separating the two properties. NCL was the only bidder for the property, “as is” with no contingencies, which sold for $1.6-MM. NCL must however maintain shoreline enhancement and the “littoral zone” (the area of land between the high and low water marks). The county retains mineral and petroleum rights, but does not retain rights of entry and exploration.
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