Everglades Rail Depot Spared Auction Block

Going, going… stayed. 

Everglades Rail Depot was spared a foreclosure sale minutes prior to the scheduled auction on Thursday morning.

“Thank Jesus. You have no idea what a blessing this is,” said owner Bill Odrey in a phone interview. 

Odrey owns the iconic waterfront property at 102 Collier Avenue in Everglades City through his company, Everglades Adventure Center, LLC, which filed bankruptcy.

The property sustained extensive damage from Hurricane Ian and storms that followed. 

The lawsuit for the foreclosure was initiated by Sun Coast Roofing after Odrey failed to pay for costs related to repairs of the dilapidated building that totaled less than $30,000.

Odrey was not able to immediately share the status of the agreement made on Thursday, having lost days of sleep prior to the auction, scheduled 11:00 AM Thursday, he said. 

Collier County Judge Michael Brown filed the order to stay or cancel the foreclosure at 10:58 AM on Thursday.

Check back to CoastalBreezeNews.com for more details.