PLACEMENT: Departmental
TITLE:
title
ADOPT A RESOLUTION APPROVING THE ACQUISITION OF 94 PARCELS LOCATED IN POINCIANA GARDENS FOR ENVIRONMENTAL PURPOSES, AS RECOMMENDED BY THE ENVIRONMENTAL LANDS OVERSIGHT COMMITTEE (ELOC) AND APPROVED BY THE BOARD
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EXECUTIVE SUMMARY:
executive summary
This is a request for the adoption of a resolution approving and accepting the acquisition of 94 parcels, located within Poinciana Gardens, with 37 parcels owned by PC Realty Ventures, LLC, a Florida limited liability company (10.089 acres) and 57 parcels owned by Luna Blu, Inc., a Florida profit corporation f/k/a Ken Marlin Stuart, Inc. (21.189 acres). These environmentally sensitive parcels are being acquired by the County with proceeds from the one-half cent sales surtax.
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DEPARTMENT: Public Works
PREPARED BY: Name: Carla T. Segura, FRP
Title: Real Property Manager
REQUESTED BY: John Maehl, Environmental Resources Administrator
PRESET:
PROCEDURES: None
BACKGROUND/RELATED STRATEGIC GOAL:
1. Agreement/Contract drafted by:
Martin County
2. Parties to the Agreement/Contract:
Martin County - Grantee/Buyer
PC Realty Ventures, LLC - Grantor/Seller
Luna Blu, Inc. - Grantor/Seller
3. Purpose of the Agreement/Contract:
Purchase of 94 parcels for environmental purposes
4. New/Renewal/Modification:
New
5. Duration:
Perpetual
6. Benefits to Martin County:
Addition of environmental lands for conservation purposes using conservation land sales tax
7. Cost to Martin County:
* $1,184,000 (37 parcels) plus due diligence and closing costs
* $1,824,000 (57 parcels) plus due diligence and closing costs
On October 21, 2025, the Martin County Board of County Commissioners (Board) approved moving forward with the acquisitions of the ELOC's top 16 ranked priority parcels, with funding to be provided from the 10-year Conservation Lands Sales Tax, which was approved in November 2024
These 94 Poinciana Gardens parcels (collectively, the "Parcels"), which total 32 +...
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