An opinion worth reading. In Galleon Bay Corp. v. Bd. of County Commissioners, No. 3D11-1296 (Dec. 5, 2012), the Florida District Court of Appeal (Third District), held that the trial court improperly applied the “investment-backed expectations” prong of the Penn Central factors, by not treating the parcels at issue separately from the plaintiff’s other parcel which it had developed “decades earlier.” The appeals court reversed the judgment for the County, and remanded the case, instructing the trial court to enter judgment in favor of the property owner and hold a trial on compensation. It’s a long fact pattern with a relatively short opinion. Check it out.
Pay particular attention to note 9 on page 16, for a flavor of what just might have added to the court of appeals’ determination that the law was on the property owner’s side. The trial court initially ruled in favor of the property
