[OrangeBlossomBaby]

Originally Posted by FloridaGuy66

The same thing has been happening to many smaller coastal Florida towns that were booming in the 80's-90's. The older people are either dead or not spending much money. Sure there's a small percentage of "younger" retirees buying their homes, but it's way less than it was.

Spanish Springs will surely die out and the developer will sell off the area on the other side of 441 to another trailer park company.

The Developer has no ownership in any of the other side of 441, besides the Country club (the 18-hole golf course, adjacent pool, the building where the restaurant is, and the parking lot). The restaurant is run by FMK, which is not the Developer, but the Developer owns the building.

The Paradise Rec Center, Silver Lake Rec Center, Hilltop Pool, and Southside Pool are all amenities, and not owned by the Developer. The homes themselves are owned by homeowners, not the Developer, and the land is not leased.