The SiteThe Kolter Group, a private investment firm, will be constructing a condominium directly on the ocean just 2.5 miles north of Delray. This is the site of what was known as the Seahorse Bath & Tennis Club located at 4001 North Ocean Blvd.
The building will be six stories high and will consist of 34 units ranging in price from $1.4 million up to $3 mil. Kolter is looking to have some buyers prior to construction and is asking for a 10% deposit.
Ex farmers and ranchers and the paid off politicians that helped them to become ex farmers and ranchers will be able to afford the price tag.Too bad the county can't buy the land for a public beach.
ReplyDelete