[perrjojo]

Originally Posted by dbussone

And he could always incorporate the prison and market it as "Florida's Friendliest Prison" for retiree age prisoners.

Unfortunately we seem to have a need for this.

[CFrance]

Originally Posted by justjim

The Developer will just build around the prison on their way to hooking up the Retiree World to Disney World.

Originally Posted by dbussone

And he could always incorporate the prison and market it as "Florida's Friendliest Prison" for retiree age prisoners.

Originally Posted by perrjojo

Unfortunately we seem to have a need for this.

All very funny!

[CFrance]

Originally Posted by DougB

Since I have a hard time believing someone would sell land valued at 35 million for twelve million, I guess I shouldn't believe the rest.

I have a feeling it's only the owners that think the property is worth that much. It was just offered at auction, and the highest bid was single digit million. Further "meetings" were to go on with the bidders.

Padua Stables did not sell during an auction held at the farm on Thursday | Ocala.com

Perhaps one of the bidders was the Morse family. That's a rumor started by moi!

It would be interesting to figure out how many of the rumors in the past few years about property acquisitions/development, etc., have turned out to be true. If anyone heard a rumor that turned out to be true, let's hear it! My untrustworthy recollection is that a lot of them came to be.

[BogeyBoy]

Originally Posted by CFrance

I have a feeling it's only the owners that think the property is worth that much. It was just offered at auction, and the highest bid was single digit million. Further "meetings" were to go on with the bidders.

Padua Stables did not sell during an auction held at the farm on Thursday | Ocala.com

Perhaps one of the bidders was the Morse family. That's a rumor started by moi!

It would be interesting to figure out how many of the rumors in the past few years about property acquisitions/development, etc., have turned out to be true. If anyone heard a rumor that turned out to be true, let's hear it! My untrustworthy recollection is that a lot of them came to be.

That auction was in 2012.

[dbussone]

Originally Posted by BogeyBoy

That auction was in 2012.

Ah yes! But the economy has just gone crazy since then.

[cologal]

Originally Posted by DougB

Since I have a hard time believing someone would sell land valued at 35 million for twelve million, I guess I shouldn't believe the rest.

This farm has been for sale for quite some time and put up for auction maybe 2 years ago with no sale. The owner moved operations to Kentucky maybe 5 years ago.

Perhaps its a fire sale. As for the polo fields I was told, a common statement here in TV, that the developer was sold the Polo property as long as Polo was played there for 99 years....If this is true the 99 years are not up yet.

[Challenger]

Originally Posted by cologal

This farm has been for sale for quite some time and put up for auction maybe 2 years ago with no sale. The owner moved operations to Kentucky maybe 5 years ago.

Perhaps its a fire sale. As for the polo fields I was told, a common statement here in TV, that the developer was sold the Polo property as long as Polo was played there for 99 years....If this is true the 99 years are not up yet.

If it was sold for twelve million, no doubt that a valid appraisal would value it at that price or less . You can ask any amount , but if there is no buyer at that level , then that is not the value.

[Barefoot]

Originally Posted by cologal

As for the polo fields I was told, a common statement here in TV, that the developer was sold the Polo property as long as Polo was played there for 99 years.

I sure hope that rumor is true!

[Golf View]

Originally Posted by DougB

Since I have a hard time believing someone would sell land valued at 35 million for twelve million, I guess I shouldn't believe the rest.

The value of something is what someone is willing to pay for it.

Sentimental value excluded.

[mrjondon]

The Polo fields are owned by "The Villages of Lake Sumter'

[NYGUY]

Originally Posted by mrjondon

The Polo fields are owned by "The Villages of Lake Sumter'

Which is controlled by The Developer.

[2BNTV]

I still don't know one person, who knows what the developer, is going to do.

Until something happens, it's all speculation. IMHO

[Dr Winston O Boogie jr]

Originally Posted by 2BNTV

I still don't know one person, who knows what the developer, is going to do.

Until something happens, it's all speculation. IMHO

That pretty much sums it all up.

[Barefoot]

Originally Posted by 2BNTV

I still don't know one person, who knows what the developer, is going to do. Until something happens, it's all speculation. IMHO

And posters on TOTV are provided with endless wild rumors and speculation which makes for an interesting Forum!

[Warren Kiefer]

Originally Posted by alemorkam

I don't believe the "family" owns the Polo fields. The Polo Fields are private property owned by individuals nice enough to let people use them like the flying club, walkers, and the soccer club.

The Developer does NOT own the polo fields but some family members are involved in the ownership. The latest rumor is that the normal operations will be at Padua with the games still played at the present polo fields. This would still allow the development of several thousand acres for the building of homes.