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I have 2 friends that lost everything from the hurricane. 1 in South Pasadena and the other in Treasure Island. Water was up 6-8' on the walls.
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Originally Posted by hogie roll
(Post 4910058)
Parents got 3’ in the house, st Pete beach. Weren’t allowed to go out there until Saturday late afternoon. Flooding was Thursday night. Kind of a late start to get the house cleaned out and dried out.
Contents uninsured to manage premium and our experience with a total loss on a house in a tornado was that insurance barely pays on contents anyways. Insurance coverage will be either insanely expensive or non existent. Waterfront living will be for the wealthy that can afford to build on concrete pilings 12 feet above sea level and don’t need it insured. Bonita beach has no beach anymore the water at high tide is mere feet from the parking in the county parks now. |
Originally Posted by tommymonza
(Post 4910064)
Buddy of mine has an older block house on the water in St Pete he totally remodeled 5 years ago. He got 3 feet also. I think he is seriously thinking of taking the full amount it was insured for and selling it as is or an empty lot. He would sold it last year as they bought a vacation home up in northern Georgia and actually prefer to live up there.
Insurance coverage will be either insanely expensive or non existent. Waterfront living will be for the wealthy that can afford to build on concrete pilings 12 feet above sea level and don’t need it insured. Bonita beach has no beach anymore the water at high tide is mere feet from the parking in the county parks now. |
Originally Posted by hogie roll
(Post 4910067)
PM me the address and what he wants for it.
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Originally Posted by hogie roll
(Post 4910058)
Parents got 3’ in the house, st Pete beach. Weren’t allowed to go out there until Saturday late afternoon. Flooding was Thursday night. Kind of a late start to get the house cleaned out and dried out.
Contents uninsured to manage premium and our experience with a total loss on a house in a tornado was that insurance barely pays on contents anyways. |
Originally Posted by Rookie
(Post 4910061)
I have 2 friends that lost everything from the hurricane. 1 in South Pasadena and the other in Treasure Island. Water was up 6-8' on the walls.
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Originally Posted by tommymonza
(Post 4910071)
Your parents place wood or concrete ? Single family ? Age ?
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Originally Posted by F-2 Speedy
(Post 4910072)
so sad, cant imagine going through this
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Figuring it was the top of the market and tired of the crappy water coming down the Caloosahatchee, we sold our South Cape Coral canal house just a few months before Ian put a few feet of water in it in 2022. For the 6 years we owned it, along with a couple of other properties, we would sweat it out every time a storm blew through (live in Iowa). Insurance was bad then, I cannot imagine it now. It will be interesting what happens with the real estate market along the coast. I will stick with owning a home at LOTO and "rent and run" in Florida.
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Originally Posted by 36Tango
(Post 4910076)
Figuring it was the top of the market and tired of the crappy water coming down the Caloosahatchee, we sold our South Cape Coral canal house just a few months before Ian put a few feet of water in it in 2022. For the 6 years we owned it, along with a couple of other properties, we would sweat it out every time a storm blew through (live in Iowa). Insurance was bad then, I cannot imagine it now. It will be interesting what happens with the real estate market along the coast. I will stick with owning a home at LOTO and "rent and run" in Florida.
I feel pretty safe on our second story condo a couple miles from the beach 🏝️ n Naples but there is always the possibility of a direct hit that would take the roof off . My boat is being sold or moved out of the hurricane zones before next spring. |
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