Floriduh: Miami Realtor Sells Home In Known King Tide Hot Spot Off E. Las Olas For $5 Million

[hatrack]

EDIT

Kathleen Dood, a real estate agent who has represented properties along the South Florida coast for over 20 years, said most buyers are aware of flooding near the coast. Often, they ask her about it and she insists she tells them the truth. But she also said that increased flooding hasn’t slowed her sales.

As proof, she referenced a sale she’d recently made: a $5 million home in a known flooding hot spot on Royal Plaza Drive, a side street off East Las Olas Boulevard. Dood said most of her buyers, who are generally older and split their time in other cities, are willing to put up with the challenges of living near the water these days. "They like the location,” she said. "They like being able to walk to the beach. They like being able to walk downtown.”

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Franklin Vivar and his construction crew were busy working on just that on Las Olas Boulevard near Southeast 25th Avenue one afternoon. They had just covered the old entrance of a salon and real estate firm with a new brick wall and were finishing up a new entrance to both businesses, raised two feet off the sidewalk. Vivar said the entrance was meant to ward off flooding from king tides.

He pointed down the street where restaurants, real estate and law firms had covered their doors with sandbags or metal sheets and taped signs telling patrons to enter through the back doors. Around the corner from where Vivar and his men worked, Sunset Drive was completely flooded. Near the edge of the road, where the street meets Sunset Lake, a city worker was ankle deep in water, trying to fix a water pump that clearly wasn’t working very well. The water had grown too high for the pump to be of any use, the worker said. The tide that day was made worse by a couple of storms out at sea. "It’s king tide, high tide, and a storm,” he said. “It’s bad.”

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https://www.sun-sentinel.com/news/weather/fl-ne-how-south-florida-deals-with-king-tides-20191025-fizzzn2hy5ag5jkc2ropid7xbm-story.html

[LonePirate]

1. A fool and his money ...

[2naSalit]

2. That or she's a money launderer...nt

[PoindexterOglethorpe]

3. On the up side, pretty soon those new owners

won't have to walk to the beach. It will be lapping at the front door.

[hatrack]

4. Location, location, location . . .

[WheelWalker]

5. Well, when you have millions, to literally through into the surf, which you have not

earned, but have stolen from those less fortunate, why not just throw it into the surf? I can see their thinking. What else do you do with stolen millions? Flush it down the toilet?