If government action takes your property, the Constitution says government must give you fair market value for it. But what if a court takes your property? That’s what the Supreme Court is going to decide.

Government can take your property for public use under what is called “eminent domain.” The Takings Clause of the Fifth Amendment to the Constitution requires that if government action takes away your property—say, to build a bridge or a school—then that government must give you “just compensation,” meaning full market value for your property.
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Justices Debate Whether Courts Can Take Property
The only issue is whether or not under Florida law, the newly extended beach is the state's or the landowners. Unless the law in Florida really does define the property line based on the current high tide mark, then the land does not belong to the landowners.