HomeMy WebLinkAbout15954 Letter of InterestOmni
CRA
April 19, 2024
Property Owner ("Seller")
CIO Sherman W Bullard
1851 NW 1st Court
Miami, FL 33136-1746
RE: Property Address —1851 NW 1st Court, Miami, Florida 33136- (Folio No.:01-3125-048-0650)
Dear Mr. Sherman Bullard:
The Omni Community Redevelopment Agency (Omni CRA) is interested in purchasing your property
located at the above -referenced address. Should you be willing to explore this potential transaction, we
kindly request a written confirmation of your willingness to engage in discussions under the following
conditions:
1. Omni CRA at the CRA's expense, has obtained three (3) written appraisal from a Florida State -
Certified appraiser, stating that the average appraised value of the above referenced property is at
least $1,075,000.00
2. A Phase I Environmental Site Assessment (and/or a Phase II Environmental Assessment if deemed
necessary);
3. Seller shall clear all the title issues prior to closing;
4. Seller shall vacate any and all tenants at Seller's sole cost and expense prior to closing as applicable;
5. The transaction shall be a cash purchase with no financing conditions;
6. Purchase shall be subject to Omni CRA Board of Commissioners approval.
If you are interested in moving forward and would like further details on the Omni CRA's property
acquisition process, please contact Isiaa Jones, Interim Executive Director at the Omni Community
Redevelopment Agency, at (305) 679-6869 or email IsJones@miamigov.com.
We look forward to the possibility of working together.
Sincerely,
/s/ Isiaa Jones
Interim Executive Director
Accept:
Sherman Bullard
Omni Community Redevelopment Agency • Damian Pardo, Chairman • Isiaa Jones, Interim Executive Director
1401 N. Miami Ave. Miami, FL 33136 • www.omnicra.com • 305.679.6868. 305.679.6870