Ha ha ha... 4500 homes at even $350000 per..... 1,575,000,000 in new homes, plus taxes brought in and all involved and being 2022.... sad to say... Track is toast.
He should of took his money to Montana or the likes or just stuck to street racing in the sticks.
Yep
I think the FL RE tax rate is 2% My guess the houses will more likely be about 450K which would bring in 40+million per year in tax revenue from RE taxes alone.
Then tack on sales tax from residences purchasing goods.
Say goodbye to the racetrack in the coming years.
