Guide to Florida Eminent Domain Law

• Eminent Domain Process
  1. Eminent Domain Authorities
  2. Public Notice and Eminent Domain
  3. History of Eminent Domain
• Your Property Rights
  1. Bert J. Harris, Jr., Private Property Rights Protection Act
  2. Littoral Property Rights in Florida
  3. Florida Law Prevents Eminent Domain Abuse
  4. High Speed Rail & Eminent Domain
  5. Eminent Domain for Water Level Projects
  6. Inverse Condemnation and Loss of Access
• Challenging the Government
  1. Reasons for Government Taking Property
  2. Condemning Authorities
  3. Stimulus Money
  4. FDOT
  5. Law Changes
  6. Sewer & Water Projects
  7. Florida Real Estate Trends 2010 and Beyond
• Eminent Domain Definitions
  1. What is Eminent Domain?
  2. Unitization: Eminent Domain?
  3. Types of Property Subject to Eminent Domain
  4. What does Public Purpose mean?
  5. What is Considered a Taking?
  6. What is Partial Taking?
  7. What is Inverse Condemnation?
  8. International Owners of Florida Property
  9. Mineral Rights in Eminent Domain
• Getting Full Compensation
  1. How is Fair Market Value Determined
  2. What Constitutes Full Compensation
  3. Severance Damages
  4. Eminent Domain and Severance Damages
  5. Determining Eminent Domain Values
  6. Eminent Domain for Conservation
  7. Eminent Domain Business Damages
  8. Condemnation and Inverse Condemnation
  9. Inverse Condemnation vs. Public Nuisance
  10. Prejudgment Interest and Eminent Domain
  11. School Districts' Use of Eminent Domain
  12. Small Businesses and Eminent Domain
  13. Foreclosure and Eminent Domain
  14. Eminent Domain for I-95 Overland Bridge Project
  15. HUD Housing and Eminent Domain
  16. Zoning and Eminent Domain
• Hiring an Eminent Domain Attorney

Emerging Trends in Florida Real Estate 2011

Florida

Florida property values took some serious hits during the recession that began in 2008 and still persists in some areas. But just as the housing boom in the 1990s was not all good (note the damage caused by Chinese drywall), so too this current market re-adjustment is not all bad, and as the recovery continues to pick up speed, some sectors of Florida real estate may be poised to see big gains.

Commercial Property

Commercial property remains the low point for Florida real estate, but also one of the sectors that may have some of the best potential. Currently, occupancy rates for commercial rental properties are ridiculously low, with vacancy rates of 20% or more in some areas. However, according to the experts surveyed for the Urban Land Institute's Emerging Trends in Real Estate 2011 report, this is part of a natural cycle for Florida real estate, a normal calm before the storm of interest.

According to the report, Florida "lures global commerce," and is likely to see a rebound in the near future. In addition, with hotel occupancy rates climbing again, Florida's vacation industry, including its supporting players, should rebound as well

Housing

Single-family home values remain far below pre-recession values, but other parts of the market are already rebounding.
The single-family housing market in Florida still looks dismal, and investors have little to no interest in new construction.

With foreclosures, people have been moving into multifamily living, and many sub-markets enjoy very low vacancy rates. In addition, foreign investors recognize that buying Florida property at the current price may represent a once-in-a-lifetime opportunity. In the short-term, the prices of these properties may remain flat as they compete with rentals for occupancy.

What Trends Mean for Your Eminent Domain Taking

Unfortunately, the fair market value for your property is set at the moment the government makes its initial offer, even if property values skyrocket tomorrow. This means that although your property may have a great deal of promise as an investment opportunity, the government only has to pay you for its value in today's market. This makes it even more crucial that you fight for full compensation in any eminent domain taking, rather than simply accepting the government's initial offer.

To learn more about how the Florida Property Rights Law Firm can help you fight for the value of your property, please contact us today to schedule a consultation.