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GOBankingRates contacted Florida-based real estate agents to help find waterfront properties selling for under $500,000 in various locations. ... Many locations offer homes at reasonable prices ...
The reasonable use of the water by a riparian owner is subject to the downstream riparian owner's "riparian right" to receive waters undiminished in flow and quality. Federal environmental regulation of non-navigable waters under the Clean Water Act of 1972 was possible, because all surface waters eventually flowed to the public ocean.
Melody Key is a privately owned island in the Florida Keys in Monroe County, Florida, United States. [1] [2] It is 5.5 acres-wide. [1] As of 2012, it was the world's fifth most expensive island. [1] As of January 2017, the island was listed for sale, at an asking price of $7 million. [3]
In construction contracting, a latent defect is defined as a defect which exists at the time of acceptance but cannot be discovered by a reasonable inspection. [2]In the 1864 US case of Dermott v Jones, the latent defect lay in the soil on which a property had been built, giving rise to problems which subsequently made the house "uninhabitable and dangerous".
The reduction contained in Florida Statutes should not be confused by the Florida Constitution homestead exemption which protects the homestead from forced sale except under certain circumstances. Florida property tax homestead exemption reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth ...
Sunset Key is a 27-acre (11-hectare) residential neighborhood and resort island in the city of Key West, Florida. It is located about 500 yards (460 m) off the coast of the island of Key West. The island is privately held among its residents. The island is accessible only by a shuttle boat that runs from the Margaritaville Marina out to the island.
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Highest and best use (or highest or best use; HBU) is a concept in real estate appraisal that originated with early economists such as Irving Fisher, who conceptualized the idea of maximum productivity. [1]