If it were me in this situation, I would SELL SELL SELL!!!!
BRINY BREEZES, Florida (AP) -- Residents of this trailer-park town sitting on beachfront property have voted overwhelmingly to sell their community to a developer for more than $510 million, which could make most of them millionaires. Some residents bought their homes for as little as $35,000.
The contract isn't official -- and residents don't get any money -- until 2009. If the sale goes through, nearly every owner will get more than $1 million. (Watch owners react to prospect of leaving)
About 80 percent of the town's shareholders who cast ballots approved the sale, while 17 percent opposed it, according to a statement Wednesday from the town's corporate office. More than 97 percent of shareholders voted.
The overwhelming support will help heal some rifts created by the proposed sale of the 488 mobile homes, said Gay Sideris, who has lived at the park with her husband since 2001. "I don't think there is anyone that lives here that doesn't love Briny," said Sideris, who stands to get about $1.5 million for a $155,000 investment. "We're happy it went through because it will be good for us and our family, but we're sad we have to leave. Now we can just concentrate on the great two years we have left here."
The 43-acre property is a down-market relic of old Florida surrounded by multimillion-dollar homes and splashy high-rise condos.
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http://www.cnn.com/2007/US/01/10/trailer.sale.ap/index.html