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DAYTONA BEACH Less than a decade ago, the local economy here was still in the grips of the Great Recession with real estate development activity practically at a standstill. New development was largely viewed as a sign of hope and optimism. Not anymore. Today, a flurry of new home construction, apartment projects and commercial development throughout Volusia County has some citizens and elected officials alarmed that area is quickly becoming over-developed. Volusia County Chair Jeff Brower is one of them. The flood gates have come open, said Brower while standing on a grassy field along LPGA Boulevard that is set to become the site of a retail center called Tymber Creek Village. The pendulum has swung the other way. Now, it s at the point where people daily are telling me Stop all growth. We can t stop all growth, but what we could do is try to slow things down. It s like we ve been on a sprint. ....
A 2011 Florida law prohibits cities and counties from regulating the length or frequency of stay in short-term rentals, but grandfathered in regulations already codified. Volusia County s rules haven t changed since 2004, so it was allowed to remain in effect. Rentals of less than 30 days are regulated under Volusia County’s hotel/motel zoning rule. Hotels and motels (and, therefore, short-term rentals) are only allowed in areas zoned for tourism or some types of commercial activity. The problem is that any action amending the current ordinance on short-term rentals may trigger the state pre-emption, Thomson said. The state does not have a 30-day minimum. If the state law applied, it would be one day. And that s the concern. ....
2095 Northeast 121st Road, North Miami (Realtor) The Casa Centinela Tequila family bought a waterfront spec mansion in North Miami for $9.9 million. Records show Centinela Group LLC, a Florida company linked to the Centinela family, bought the home at 2095 Northeast 121st Road from Samer El-Fashny and Nada Nisevic. Casa Centinela Tequila is a family-owned business based in Mexico. The business was started in Jalisco, Mexico in 1904, according to its website. El-Fashny and Nisevic bought the property in 2014 for $2.5 million, records show. Raydel Cabale, a real estate agent with Florida Realty of Miami Corp, began co-developing the mansion with the married couple in 2016. The home was completed in 2020. According to Cabale, El-Fashny and Nisevic are business partners of his and own the company Waterfront Development USA, LLC. ....