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18 9-acre island parcel on Perico on the market - Anna Maria Islander
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Florida condos evacuated when sinkhole appears in Lee County
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Especially if it has multiple floors and an ocean view.
The coronavirus pandemic came with an increased trend of families and individuals moving away from large urban centers, when able, while real estate in typical summer getaways like the Eastern Shore or southern Delaware kept buzzing.
The market s stock, however, continues to lag behind its growing demand.
Coastal Association of Realtors says a healthy market has eight to 12 months of inventory available active homes for sale, divided by the average number of homes sold in either the last 12 months or last month.
About 1.6 months of inventory were available on the Lower Shore, in February s statistics, and it continues to drop.
FORT PIERCE Moving the wastewater treatment plant from Hutchinson Island to Glades Cut-Off Road could take six years, cost $156 million, create nearly 600 jobs and increase customers bills by over $2 a month, according to a plan unveiled Monday.
The Fort Pierce Utilities Authority wastewater treatment plant could be moved off the Indian River Lagoon, where it s been for 62 years, to the Treasure Coast Energy Center by 2027, according to a six-year plan that calls for construction to begin 2024.
FPUA would pay 70%, or $109 million, while St. Lucie County would pay 30%, or $47 million, said Bo Hutchinson, FPUA s director of water and wastewater systems.
To defray those costs, monthly bills could increase an estimated $2.42 for the county s 9,000 customers and $2.13 for FPUA s 15,000 customers over the next five years.