PROFESSIONAL ANALYSIS
Under Florida Statute §166.045, municipalities must formally declare real property surplus before disposal, making this resolution a required prerequisite to any sale, auction, or inter-governmental transfer. Real estate professionals should monitor the subsequent disposition process — competitive bidding or negotiated sale — for acquisition opportunities. Legal counsel involved in municipal transactions will note that the surplus declaration starts the clock on required public notice and appraisal obligations. Developers scouting Aventura infill sites should track the parcel's ultimate RFP or bid release, as city-owned land disposals in this market can move quickly once the commission votes. This item has not yet been voted on and represents a pending first action. The Signal: **Identify the specific parcel through Aventura's property records immediately, as surplus declarations in this corridor can generate competitive acquisition processes with short windows.**
