Debary
REAL ESTATE
Seminole looks to get rid of state tax exemptions for affordable housing
Seminole County is poised to become the latest local government to deny large tax cuts to apartment owners who designate a certain number of units as affordable housing to lessen their tax burden under a new Florida housing law. “It’s helping developers and apartment owners make more money. But it’s not doing anything for the renters and those struggling to pay their rent,” Commissioner Lee ...
Prime Hannibal Square Mixed-Use Property in Winter Park Acquired for Millions
Demetree Global recently announced the acquisition of Hannibal Square, a prime mixed-use property located in the heart of Winter Park, for millions. The transaction, valued at $55.3 million, includes nine buildings encompassing 168,741 square feet of space. The property spans multiple addresses on West New England Ave, as well as 402 West Welbourne Ave, and is ideally situated with walkable access to Park Avenue/Downtown Winter Park and Rollins College, attracting a diverse range of residents, students, and visitors. It’s also not far from downtown Orlando, and attracts many from around Orange County.
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