Item F11 F11
BOARD OF COUNTY COMMISSIONERS
COUNTY of MONROE �� i Mayor Holly Merrill Raschein,District 5
The Florida Keys Mayor Pro Tern James K.Scholl,District 3
Craig Cates,District 1
Michelle Lincoln,District 2
' David Rice,District 4
Board of County Commissioners Meeting
January 31, 2024
Agenda Item Number: F11
2023-1853
BULK ITEM: Yes DEPARTMENT: County Land Acquisition And Land
Management
TIME APPROXIMATE: STAFF CONTACT: Christine Hurley
AGENDA ITEM WORDING: Approval of a contract to purchase Tier 3 property for density
reduction Block 1, Lot 4, Key Largo Beach near mile marker 99 from Lignumvitae Flower, LLC for the
price of$120,000.
ITEM BACKGROUND:
This acquisition is proposed to protect property rights, to reduce density, and to reduce the County's
potential liability for takings suits. The Monroe County Land Authority(MCLA) negotiated the
proposed agreement on the Board's behalf pursuant to an interlocal agreement between MCLA and the
County authorizing MCLA to administer the County's Density Reduction Acquisition Program.
The subject property is located on Coral Drive on the ocean side of Key Largo.
Purchase Price and Estimated Closing Costs:
• Purchase Price: $120,000.00
• Cost of Appraisal: $750.00 (estimated)
• Cost of Survey: $0.00
• Title Fees &Insurance: $1,225.00
• Attorney Fee: $475.00
• Recording Fees: $35.50
• Total Costs: $122,485.50 (estimated)
Attributes of the Subject Property:
• Parcel ID#: 00501090-000000 (Vacant Lot 4 Only)
• Size: 6,000 square feet
• Tier Designation: Tier 3 -Infill Area
• Zoning Designation: Improved Subdivision (IS)
• Future Land Use Map Designation: Residential Medium (RM)
• Vegetation: Developed Land
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• Florida Forever Boundary: This property is outside the Florida Forever boundary.
• Transferrable Development Rights (TDRs): 1 TDR
• Cost per TDR: $120,000
• ROGO Dedication Points: 5 points
• Cost per ROGO Dedication Point: $24,000
The appraisal obtained supports the agreed upon purchase price.
PREVIOUS RELEVANT BOCC ACTION:
On September 21, 2022 the Board approved the Third Amended and Restated Interlocal Agreement
between MCLA and the County authorizing MCLA to administer the County's Density Reduction
Acquisition Program.
INSURANCE REQUIRED:
No
CONTRACT/AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION: Approval
DOCUMENTATION:
Aerial
Property Record Card
Executed Purchase Agreement
FINANCIAL IMPACT:
Effective Date: December 13, 2023
Expiration Date: None
Total Dollar Value of Contract: $120,000.00 plus estimated closing costs of$2,485.50 (estimated)
Total Cost to County: $ $122,485.50 (estimated)
Current Year Portion: $ $122,485.50 (estimated)
Budgeted: Yes
Source of Funds: 304 Funds infrastructure sales surtax
CPI: N/A
Indirect Costs: To be determined
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Estimated Ongoing Costs Not Included in above dollar amounts: N/A
Revenue Producing:No If yes, amount:
Grant: No
County Match: N/A
Insurance Required: Yes, will be covered by County's liability policy
Additional Details: $120,000.00 plus estimated closing costs of$2,485.50 (estimated)
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Block 1, Lots 3 and 4, Key Largo Beach
Key Largo
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Disclaimer
The Monroe County Property Appraiser's office maintains data on property within the County solely for the purpose of
fulfilling its responsibility to secure ajustvaluation for ad valorem tax purposes of all property within the County.The
Monroe County Property Appraiser's office cannot guarantee its accuracy for any other purpose.Likewise,data
provided regarding one tax year may not be applicable in prior or subsequent years.By requesting such data,you
hereby understand and agree that the data is intended for ad valorem tax purposes only and should not be relied on for
any other purpose.
By continuing into this site you assert that you have read and agree to the above statement.
Summary
Parcel ID 00501090-000100
Account# 9105156
Property ID 9105156
MillageGroup SOOK
Location VACANT CORAL Dr,KEY LARGO
Address
Legal BK 1 LT 4 KEY LARGO BEACH SUBD PB2-149 KEY LARGO OR473-
Description 297 ORS52-113 OR677-11 OR803-1404 OR862-235 OR894-583
OR1405-1991 OR1443-1398 OR1443-1399 OR1452-1426
OR1500-226 OR2125-667/68 OR2146-1271/72 OR2157-931
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OR2318-932 OR3136-0304 OR3207-0831 �w
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Neighborhood 3300
Property Class VACANT RES(0000) r
Subdivision KEY LARGO BEACH
Sec/TWp/Rng 33/61/39
Affordable No
Housing
Owner
LIGNUMTIVAE FLOWER LLC
150 Tampa Dr
Tavernier FL 33070
Land Use Number of Units Unit Type Frontage Depth
RESIDENTIAL DRY UNPERMITTED(01DM) 6,600.00 Square Foot 60 110
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AGREEMENT FOR THE PURCHASE OF LANDS
THIS AGREEMENT is made and entered into this 16th day of November 2023, by and
between
Lignumvitae Flower, LLC
(hereinafter"Seller(s)"), for themselves, their heirs, executors, administrators, successors and assigns,
and MONROE COUNTY, FLORIDA (hereinafter"COUNTY").
WITNESSETH:
1. In consideration of Ten Dollars ($10.00)in hand, paid by the COUNTY,the receipt of which is hereby
acknowledged, the Seller(s) agree to sell to the COUNTY certain lands upon the terms and
conditions hereinafter set forth, and for the price of $120,000 for all of the lands and other interests,
which lands shall include all tenements, hereditaments, together with all water and other rights,
easements, appurtenances, and any and all of the Seller's rights in or arising by reason of ownership
thereunto belonging, owned by them, situate and lying in the County of Monroe, State of Florida,
more particularly described as follows; to-wit:
Block 1, Lot 4, Key Largo Beach (PB 2-149)
Vacant Lot 4 Portion of Parcel ID# 00501090-000000
2. The Seller(s)agree that they have full right, power and authority to convey, and that they will convey
to the COUNTY the fee simple title together with legal and practical access thereto clear, free and
unencumbered, except subject to the following easements or reservations:
Existing easements for canals, ditches, flumes, pipelines, railroads, public highways and roads,
telephone, telegraph, power transmission lines and public utilities.
The COUNTY, at the COUNTY'S expense, within the time allowed to deliver evidence of title and
to examine same, may have the real property surveyed and certified by a registered Florida
surveyor. If the survey discloses encroachments on the real property or that improvements located
thereon encroach on setback lines, easements, lands of others, or violate any restrictions, contract
covenants, or applicable governmental regulations, the same shall constitute a title defect.
Seller(s) shall convey a marketable title subject only to the aforementioned liens, encumbrances,
exceptions or qualification set forth herein. Marketable title shall be determined according to
applicable title standards adopted by authority of the Florida Bar and in accordance with law. The
COUNTY shall have sixty (60) days from the Effective Date in which to examine title. If title is found
defective, the COUNTY shall, within this specified time period, notify Seller(s) in writing specifying
defect(s). If the defect(s) render title unmarketable the Seller(s)will have one hundred twenty (120)
days from receipt of notice within which to remove the defect(s). The Seller(s)will use diligent effort
to correct defect(s) in title within the time provided therefore, including the bringing of necessary
suits, failing which the COUNTY shall have the option of either accepting the title as it then is or
rescinding the Agreement herein.
3. The Seller(s)further agree not to do, or suffer others to do, any act by which the value or title to said
lands may be diminished or encumbered while this Agreement is pending. It is further agreed that
any loss or damage occurring prior to the vesting of satisfactory title in the COUNTY by reasons of
the unauthorized cutting or removal of products therefrom, or because of fire, shall be borne by the
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Seller(s); and that, in the event any such loss or damage occurs, the COUNTY may, without liability,
refuse to accept conveyance of said lands.
4. The Seller(s) further agree that during the period covered by this instrument officers and accredited
agents of the COUNTY shall have at all reasonable times the unrestricted right and privilege to enter
upon said lands for all proper and lawful purposes, including examination of said lands and the
resources upon them. The Seller(s) hereby waive their rights to any and all claims against the
COUNTY or the State of Florida associated with, or arising from ownership of, said lands and this
waiver shall survive closing.
5. The Seller(s) will execute and deliver upon demand of the proper officials and agents of the
COUNTY a good and sufficient deed of warranty conveying to the COUNTY a marketable title to
the said lands of such character as to be satisfactory to the legal counsel of the COUNTY and said
deed shall provide that the use, occupation and operation of the rights-of-way, easements and
reservations retained therein, shall be subordinate to and subject to such rules and regulations as
may be prescribed by the COUNTY governing the use, occupation, protection and administration of
lands.
6. In consideration whereof the COUNTY agrees that it will purchase all of said lands and other
interests at the price of $120,000. The COUNTY further agrees that, after the preparation,
execution, and delivery of the deed, and after the legal counsel of the COUNTY shall have approved
the title thus vested in the COUNTY, it will cause to be paid to the Seller(s)the purchase price. The
COUNTY shall pay the following expenses associated with the conveyance of the property: deed
recording fees, settlement fees, abstract fees, title examination fees, the Buyer's attorney's fees,
and title insurance, as well as the prorata share of prepaid real property taxes allocable to the period
subsequent to the vesting of title in the COUNTY, or the effective date of possession of such real
property by the same, whichever is earlier. The Seller(s) shall pay the expenses of documentary
stamps to be affixed to the deed and the removal of trash, debris, and structures from the property,
if any, and real estate commissions, if any. Full possession of the premises shall pass to the
COUNTY as of the date payment is made to the Seller(s) subject only to the reservations stated in
Section 2 above.
7. It is mutually agreed that an abstract, title insurance policy or other evidence of title to the property
herein contracted to be sold, satisfactory to the legal counsel of the COUNTY will be obtained by
the COUNTY at its expense. The Seller(s) expressly agree herein to furnish to the COUNTY any
documents in Seller(s)'s possession establishing evidence of title including, but not limited to,
abstracts, title commitments, title policies and opinions of title.
8. It shall be the obligation of the Seller(s) to pay all taxes and assessments outstanding as liens at
the date title vests of record in the COUNTY, whether or not such taxes and assessments are then
due and payable.
9. It is mutually understood and agreed that notice of acceptance of this Agreement shall be given to
the Seller(s) by email to the address provided by the Seller(s) or by mail addressed to the Seller(s)
at the following address:
150 Tampa Drive
Tavernier, FL 33070
and shall be effective upon date of mailing and shall be binding upon all of the Seller(s) without
sending a separate notice to each, except as such obligation may be affected by the provisions of
paragraph 6 hereof.
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10. The property shall be delivered at closing free of any tenant or occupancy whatsoever.
11. The Seller(s) shall close any open building permits or code enforcement proceedings prior to
closing.
12. The effective date of this Agreement (hereinafter "Effective Date") shall be that date when the last
one of the Seller(s) and the COUNTY has signed this Agreement.
13. If the Seller(s)wish to proceed with this transaction, the Seller(s) have until November 17, 2023, to
sign and return this Agreement to the COUNTY. This Agreement may be executed in counterparts.
Notwithstanding any provision of this Agreement to the contrary, the closing of this transaction is
contingent upon approval by the Monroe County Board of County Commissioners, failing which the
parties acknowledge that each shall be released of all further obligations under this Agreement. In
the event this transaction has not closed within one hundred eighty (180) days from the Effective
Date, then either party may terminate this Agreement at any time thereafter by providing written
notice, in which case the parties acknowledge that each shall be released of all further obligations
under this Agreement.
IN WITNESS WHEREOF, the Seller(s) have hereunto signed their names and affixed their respective
seals on the day first above written and therefore the Seller(s)for and in consideration of the Ten Dollars
($10.00) hereinabove acknowledge as received, have and do hereby grant unto the COUNTY or its
authorized representative, or any other office or agent of the COUNTY authorized to purchase said
lands, the option and right to enter into this Agreement for Purchase within sixty (60) days from the
execution thereof by the Seller(s).
Seller/ Lignumvitae Flower, LLC
By: Alexis Padron, Manager
Aa-" November 16,2023
Signature Date Phone Number Email Address
By: Cristina Acosta-Padron, Authorized Member
4T� November 17,2023
Signature Date Phone Number Email Address
Buyer/ COUNTY: MONROE COUNTY, FLORIDA
ATTEST: Kevin Madok, CPA, Clerk
By:
As Deputy Clerk Holly Merrill Raschein, Mayor
(Seal)
Date:
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