TALLAHASSEE, Florida — State environmental officials are recommending the Cabinet buy nearly 4 acres of waterfront property in Destin for more than $80 million as part of a proposed deal inserted into the state budget.
The Department of Environmental Protection is recommending the purchase based on the budget language while including a pair of appraisals submitted by the landowner that sets the value compared to a high-rise condominium.
The agenda does not refer to any appraisal conducted for the department. The landowner, Pointe Mezzanine and Pointe Resort, purchased the property for nearly $8 million in 2016 and 2017, according to the agenda description of the proposed deal.
Gov. Ron DeSantis and the Cabinet meet Tuesday in the Capitol. The meeting comes after Andrew S. Fleener, the acting director of the Division of State Lands, resigned amid planning for deals to be taken up next week.
