Summary
To: Mayor & Commissioners
From: JP Murphy, Town Manager
Date: 8/16/2019
______________________________________________________________________
Subject:
Title
Appraisals of Ahlf properties
Summary:
Brian Holtz, the appraiser retained to appraise the three Ahlf Properties on Baybrook Drive, will be in attendance to discuss some options for valuing the properties. A summary of his comments are provided below. His report will be finalized based on the direction and input of The Commission.
"These are 3 unique and complex properties. Each has its own unique characteristic. All 3 properties are zoned R-E (estate residential), which requires 100 FF, and 18,000 sf site.
1. 2 Baybrook Pl.: This site backs to the water on a large site. Complex issues: improvements are near the end of their economic life, several large oak trees may restrict construction if removal is not allowed, the site is 95FF which is less than the required 100FF making the site "legal non-conforming". Thus, is the site a "legal, platted lot of record" and if improvements are removed, is new construction & tree removal allowed?
2. 7 Baybrook Pl.: This site backs to a creek & is on a large site. Complex issues: improvements are at the end of their economic life, the site is very large and currently cannot be subdivided into 2 separate lots. However, a portion of this site could be separated from this site and added to 12 Manatee Rd to give it road access. Note, 12 Manatee is currently land locked and has no road frontage and no ingress/egress to a public road.
3. 12 Manatee Rd.: This site is a large site approx. 28,111 sf. No survey supplied. Complex issues: No improvements, no ingress / egress, no road frontage. This site is low wetlands and consists of a flowing creek and at least 1 spring. This area may not be buildable and may be subject to the scrutiny of environmental agencies including: SWFMD. Note, if this property were to take an easterly portion (approx....
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