– Residents of the Gulfview Condominiums are getting a gift to celebrate the end of the hurricane season: They can buy new luxury condominium condos, while saving on their mortgage payments.
The condo complex is closing and condo owners will have to move out of their homes to save on their rent.
The Condo Owners Association, which represents the condo owners, said Thursday that about 3,200 condos in the complex are being sold to help pay for hurricane relief.
The complex has been in operation for over 40 years.
Condo owners have been asked to help by contributing money toward hurricane relief, including mortgage payments for residents of the complex, according to the association.
About 3,300 condos in this complex are available for sale, with a maximum price of $8,400, said James O’Sullivan, president of the condominium association.
In addition, some residents of this complex have also been asked for donations of cash.
“We are not doing anything to put people out of business,” O’Brien said.
He added that the group of condo owners is not asking for any donations.
He said some of the condo sales were completed earlier in the week and others are still underway.
The condominium complex has a capacity of 1,700 people, according the association, and O’Connor said the total number of units in the property will increase to 1,800.
The group of homeowners are asking residents of other condominium complexes in Florida to contribute money toward the hurricane relief efforts.
Some residents are also asking condo owners to donate their homes, as well.
In a statement, the condo association said it is donating all proceeds from the sale of the new condos to help residents of Gulfview, where hurricane evacuations were declared.
The association said the money raised will go to help the residents of Gulfview and other hurricane-hit communities.
The Gulfview condo complex, which has a total of 1.4 million square feet, is located on the Florida Everglades in Jacksonville.
The structure was built in 1947 and has a design dating back to the 1930s.
Residents are still receiving help from FEMA and local officials from the federal government.
Condos in this area are owned by private developers and have been used for a variety of purposes, including vacation homes, shopping centers and residential buildings, according a listing on the condo company website.
The building was purchased by a Florida condominium development company in 2003, according it website.
Many of the condos were built as vacation homes in the early 1980s, and were converted to condos in 1990, said O’Connors.