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Monday, April 18, 2011

From the Archives July 2007

These 5 buildings were the last to be finished, shown here none were sold or rented in the summer of 2007, the interiors remained to be completed.  Unlike today, in 07 & 08 there was no parking problem.

Q.)  Which of the 168 condo units are still owned by the developer NAUTILUS DEVELOPMENT PARTNERS, L.L.L.P (AKA: Gulf Boulevard Partners, Ltd)?

A.)  They own all of the condos in buildings 12 and 13. In buildings 10, 11, 14 and 15, they own almost all of them with only 9 being sold and individually owned. The other 9 developer owned condos are in buildings 2, 6, 8 and 9.  (Total sold:  112, unsold 56.)  I believe there are 2 other units recently sold but not yet appearing in County records.

The developer owned units are being rented out by Concord Management as low income housing.
See also:  http://nautiluscondosrules.blogspot.com/search?q=low+income