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05-22-06, 11:36 AM
Folks. This is insane. People have so much money, they are buying condos for their cars! I guess with the price of cars going for these days, you practically have to buy a condo because leaving them out on the street would attract crooks like flys to honey. Buy a flat screen TV for your car?
Enthusiasts Buying Condos For Their Cars
POSTED: 8:22 am MDT May 22, 2006
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FORT LAUDERDALE, Fla. -- Ever think of buying a condo -- for your car?
It's an idea that seems to be catching on in Florida.
Three car condo developments are scheduled to open in South Florida by the end of 2007, and developers said they've already sold more than 20 percent of the units.
They're places where serious car enthusiasts can store their vehicles in individual, weatherproof, air-conditioned garages with 24-hour security and concierge services.
David deMartino just bought one in Fort Lauderdale, to house his collection of vintage cars and motorcycles. The 760-square-foot, one-bathroom condo cost him more than $200,000. And he's adding custom flooring and cabinets and a flat-screen TV.
DeMartino said having a safe place to keep his prized possessions gives him "peace of mind."
Copyright 2006 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed
Enthusiasts Buying Condos For Their Cars
POSTED: 8:22 am MDT May 22, 2006
Email This Story | Print This Story
FORT LAUDERDALE, Fla. -- Ever think of buying a condo -- for your car?
It's an idea that seems to be catching on in Florida.
Three car condo developments are scheduled to open in South Florida by the end of 2007, and developers said they've already sold more than 20 percent of the units.
They're places where serious car enthusiasts can store their vehicles in individual, weatherproof, air-conditioned garages with 24-hour security and concierge services.
David deMartino just bought one in Fort Lauderdale, to house his collection of vintage cars and motorcycles. The 760-square-foot, one-bathroom condo cost him more than $200,000. And he's adding custom flooring and cabinets and a flat-screen TV.
DeMartino said having a safe place to keep his prized possessions gives him "peace of mind."
Copyright 2006 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed