Legal Opinion
State v. Atlantic International Investment Corp.
District Court of Appeal of Florida
Decided September 12, 1983No. Nos. AN-94, AN-95PublishedCited by 1 opinion
1Opinion of the Court
THOMPSON, Judge.
The State of Florida (State) and the Department of Environmental Regulation *869(DER) appeal a final judgment which found a taking by the State and ordered the State to institute eminent domain proceedings. We reverse.
In 1967 and 1968 Atlantic International Investment Corporation (Atlantic) bought approximately 14,000 acres of land in Volu-sia and Brevard Counties at a cost of slightly more than $7,000,000. Atlantic is owned by Mondex, a development corporation, which is owned by Summit Organization, a holding company. This land was platted as a subdivision known as Cape Atlantic…
2Cases cited4 opinions
- Key Haven Associated Enterprises, Inc. v. Bd. of Trustees of Internal Imp. Trust FundSupreme Court of Florida · 1982
- Graham v. Estuary Properties, Inc.Supreme Court of Florida · 1981
- South County Drainage District v. Brevard CountyDistrict Court of Appeal of Florida · 1973
- Volusia County v. Department of Business RegulationDistrict Court of Appeal of Florida · 1976
3Cited by1 opinion
- Atlantic International Investment Corp. v. StateSupreme Court of Florida · 1985