A leaseholder of nearly six acres of land on the Sound side of Navarre Beach Marine Park has recently made inquiries regarding changing their 1960 lease from the construction of a marina to the construction of condos.
The lease was acquired during a time that a Pass through to the Gulf of Mexico was being studied by the University of Florida and the Department of Environmental Protected (FLDEP) signed permits allowing for the pass. The pass was open for a short time in 1965 before a nearby hurricane closed it. Current efforts to re-open the pass have been unsuccessful.
The current lease only allows for a marina and a dry storage building. County commissioners would have to vote to change the lease.
In a letter dated May 17, 2016, real estate developer Vic Deal asked the Navarre Beach Leaseholder Association for their support for the project that is proposed for 134 condominium units located in four low-rise buildings and two- midrise buildings.
The letter also stated that the approval of the leaseholders was not “legally required” and that the lease currently would allow for a “three story 50′ x 200′ metal dry-storage building which we believe would not benefit the beach, nor do we have any interest in building.”
The developer will be requesting an amendment to the lease to allow development under the present zoning as opposed to the 50-year old lease.
The lease on the land is held by Shoreline Developers of Florida, Inc. which is dissolved. The new entity is Shoreline Developers of Florida, LLC. but is not listed on the property or taxes.
Real estate taxes of $105,451.53 were recently paid on the property bringing the taxes owed to a current status.