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Mullet Bay story #184806
02/20/2019 10:32 AM
02/20/2019 10:32 AM
Joined: Aug 2000
Posts: 82,788
Central Florida!
Carol_Hill Offline OP
Traveler
Carol_Hill  Offline OP
Traveler
Joined: Aug 2000
Posts: 82,788
Central Florida!
Daily Herald link

The story is about Ennia Insurance and Mullet Bay, but the part about the value of the property was interesting to me.


Carol Hill
SXM Sponsors
Re: Mullet Bay story [Re: Carol_Hill] #184839
02/20/2019 03:14 PM
02/20/2019 03:14 PM
Joined: Jan 2015
Posts: 706
South Coast of MA
S
SXMBND Offline
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SXMBND  Offline
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S
Joined: Jan 2015
Posts: 706
South Coast of MA
Is the value what the property was worth when the hurricane hit??? 1995..........

Re: Mullet Bay story [Re: Carol_Hill] #184842
02/20/2019 03:37 PM
02/20/2019 03:37 PM
Joined: Feb 2007
Posts: 4,398
Rhode Island
RonDon Offline
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RonDon  Offline
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Posts: 4,398
Rhode Island
We had heard that it was valued at over i billion when Greg Norman had interest in it. Can't recall hw long ag that was. Maybe someone here knows.

Re: Mullet Bay story [Re: SXMBND] #184844
02/20/2019 03:42 PM
02/20/2019 03:42 PM
Joined: Aug 2000
Posts: 82,788
Central Florida!
Carol_Hill Offline OP
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Carol_Hill  Offline OP
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Posts: 82,788
Central Florida!
The $50M figure I think was supposed to be the current figure and the take that I got from the story was that the MPs were surprised that the value was so low on Ennia's books.


Carol Hill
Re: Mullet Bay story [Re: RonDon] #184874
02/20/2019 06:55 PM
02/20/2019 06:55 PM
Joined: Jan 2015
Posts: 706
South Coast of MA
S
SXMBND Offline
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SXMBND  Offline
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Posts: 706
South Coast of MA
I'd find that hard to believe......1 Billion in that time frame for land only.....

Last edited by SXMBND; 02/20/2019 06:56 PM.

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