Condo, hotel, or condo-hotel? Singer Island Amrit resort under investigation
As legal challenges mount at the Amrit Ocean Resort on Singer Island, Riviera Beach’s police department is now investigating complaints from buyers that they were misled about their units’ eligibility for Florida’s homestead property tax exemption. Owners say they were led to believe they were buying condo units at Amrit Ocean, which is classified as a hotel and therefore not eligible for the homestead exemption, the Palm Beach Post reported. Amrit, at 3100 Ocean Drive on Singer Island in Riviera Beach, was completed in 2022 by an affiliate of Dilip Barot’s Creative Choice Group 15 years after the project was […]This article originally appeared on The Real Deal. Click here to read the full story.
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Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
