FORT WALTON BEACH, FL: 2.5+- ACRE WATERFRONT PROPERTY

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Brief Description

PRE-AUCTION OFFERS ARE STRONGLY ENCOURAGED!  Build a family compound or simply enjoy the privacy of this "in town" waterfront parcel with 2.5 acres and 1300+ ft of direct waterfrontage. Protected Harbor for Watercraft.

Auction Schedule

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Details

• 669' Bay Frontage
• 590' Protected Harbor Frontage
• 89' Frontage on Channel
• Development Possibility into Multiple Lots (subject to City approval)
• Elevations Typical 9-12'
• Survey available
• Seawall reinforced with Rip Rap
• Boat Dock

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Auction Terms

Real Estate Terms:

To register to bid, you will need a cashier's check payable to yourself in the amount of $1,000. This check will be handed over to the Auction Clerk and back to each unsuccessful bidder at the conclusion of the sale. 

The winning bidder will sign a contract and be required to place a bid deposit equal to 10% of the bid amount on Auction Day. A personal check for this amount is acceptable The Seller will have up to 3 days to accept or deny the bid. 

Buyers will pay all closing costs.  2015 Real Estate Taxes shall be prorated to the day of closing.  The property will be purchased free of all liens and encumbrances of record. 

Buyer’s Premium:

A buyer’s premium of ten percent (10%) will be added to the high bid to determine the total price to be paid. The cashier's check that is required to register to bid can be used towards the 10% down.

Broker Participation:

All licensed real estate brokers are encouraged to participate by bringing your buyers to the auction. NREAG will be happy to pay a commission to the Florida licensed and qualified broker whose properly registered buyer is the successful bidder at the auction and closes on the sale. Brokers must register their prospective buyer on the required Broker Participation Form (completely filled out, signed and notarized). The form may be obtained by calling or by visiting our website at www.nreag.com. This form must be submitted to the NATIONAL REAL ESTATE AUCTION GROUP no later than 24 hours prior to the Auction.

Closing:

The closing shall take place no later than thirty (30) days after the auction at the offices of McNeese Title, LLC, at 36468 Emerald Coast Pkwy Destin, FL, Phone: (850) 337-4242. McNeese Title will serve as your escrow agent.  You must bring either a Cashier’s Check or wired funds at closing. No purchase shall be contingent on financing or any other contingencies.

Announcements made at the auction supersede all printed material. All information included herein was derived from sources believed to be correct, but is not guaranteed.

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