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In 2005, the Board of County Commission decided to discontinue the lease of the Sunshine <br /> Physical Therapy property, and sold the land and building to Sunshine Physical Therapy for <br /> $352,000. This property is located adjacent to the Old Jail property on approximately 1.41 acres, <br /> and the structure consists of 9,676 square feet. Currently the Property Appraiser lists this <br /> property's CAMA value (2012) at $673,900. $599,100 for the building, $53,580 for the land, <br /> and $21,220 as miscellaneous. <br /> A finalized joint proposal from the Boys & Girls Clubs of Indian River County and St. Francis <br /> Manor was not provided. Staff has not been advised of their intentions for the structure, and is <br /> unclear if they anticipate the County will demolish it. Demolition is estimated at $45,000. <br /> The Commission recently directed staff to review the County's assets and determine what could <br /> potentially be disposed of or sold. <br /> RECOMMENDATION: <br /> Staff recommends the sale of this property by one of the following means: <br /> Option 1: Sell the property at fair market value based on an appraisal <br /> Option 2: Sell the property by auction <br /> Option 3: Sell the property by sealed bid <br /> APPROVED AGENDA ITEM Indian River Co Ap roved Date <br /> Administrator f I-711-3 <br /> By: Legal /A <br /> Budget L6 t3 <br /> FO January 22, 2013 <br /> 1"... <br /> 113 <br />