Owning a commercial property can be a lucrative endeavor for a Florida resident. When a commercial property is rented to capacity, its owner may enjoy significant rental income for the term of their standing leases. However, getting commercial space rented and finding tenants who will abide by the terms of their leases can be a hard process to complete.
Zoning is a topic that can frustrate those who work in the real estate field. While it is intended to provide land owners with the consistent use of similarly situated properties, zoning can thwart development and render parcels unusable by owners whose plans do not conform to the regulations that attach to them. Florida residents who are not willing to give up on using their land for purposes that fall outside their zoning plans may wish to learn more about variances.
As a property owner, you dutifully paid your taxes and obeyed local and state laws. You never expected that the state of Florida would claim your building through eminent domain. But now, your private property is facing condemnation. You feel powerless, angry and overwhelmed by this turn of events.