Gretsas’s Condo His Long Term Home ?

     City Manager George Gretsas’s employment future should be decided at the upcoming City Commission meeting, this Tuesday night.

     Gretsas lives on the beautiful Fort Lauderdale Beach and has this beautiful view when he wakes – 
                                                                         Fort Lauderdale beach at sunrise

     He’s trying to keep that view, and his job! As we’ve told you before, the conventional wisdom of him being retained as the City Manager stands at two votes for, two against, and one hanging in the balance. 

     Gretsas lives at the Points of America Condo that overlooks the inlet at Port Everglades. 

     Here are the stats on the property records that detail the value if his condo, and the taxes he pays:

                                               Site Address  2100 S OCEAN LANE # XXX , FORT LAUDERDALE   
                                                             Property Owner  GRETSAS,GEORGE
                                Mailing Address  2100 S OCEAN LANE # XXX FORT LAUDERDALE FL 33316  
                                         Legal Description  POINT OF AMERICAS CONDO UNIT XXX  
                                                                   Property Assessment Values    
Year   Land        Building      Just Value  Assessed      Tax Bill
                                            2009  $37,810    $340,330    $378,140    $378,140    $6,838.35   
                                            2008  $50,670    $456,050    $506,720    $482,760    $8,854.81   

     You’ll see that he took quite a beating in the value of his condo ( and the subsequent reduction in taxes) this year. Here’s the sales history of that condo –
                                                          Sales History
                                          Date  Type  Price  Book  Page 
                                   6/1/2006    WD    $545,000    42373    937   
                                   5/1/1987    WD    $130,000    14466    675   
                                   6/1/1971    WD    $52,000         
                                   12/1/1969    WD    $43,500          
     Check back  Wednesday morning to find out if Gretsas gets to keep that stunning view!      

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