Public Auction

Commercial Real Estate Opportunity

24080 South Tamiami Trail, Bonita Springs, Florida, 34134

Saturday, December 7th, 2013 

Bidders Welcomed at 9:00am With Auction Promptly at 10:00am

Auction Location:

Hampton INN and Suites,

10611 Chevrolet Way, Estero, Florida 33928

 

AS PER OUR SELLERS REQUEST, AS OF DECEMBER 03, 2013, WE ARE ACCEPTING DAY OF AUCTION BIDDER REGISTRATION.

 

You can register the day of the Auction with a Cashiers Check that will be verified prior to the start of the Auction and will be remitted only if you are the winning Bidder.

 

You must also present evidence in the form of a letter of guaranteed credit from a bank or approved financial institution that proves the ability to pay any winning high bid.

 

The 10% remainder balance will be due 48 hours after the contract execution.

 

Click Links Below for Auction Resources.

The Property will be available For preview on the following dates: November 16th, 2013 from 10:00am to 1:00pm, November 30th, 2013 from 1:00pm to 4:00pm. For a personalized showing or any questions about the property please call Thaddeus Deitriech at 239-463-9277.  

 

  PROPERTY HIGHLIGHTS

 

3.62 Acres zoned commercial tourism (CT) with 200 lineal foot of prime frontage on route 41 in beautiful Bonita Springs, Florida. This Iconic Southwest Florida location currently has a 10,800 Sq. Ft. building that can be easily repurposed or removed for a new build. Rear Frontage on Walden Center Ave, 97 paved parking spaces. Access Drives and Utilities in Place. Plenty of land to accommodate many different business possibilities. Land is graded for a building pad. Potential uses may include retail, entertainment, banking, restaurant, self storage or pre-school. All with a high daily traffic volume of over 50k cars daily.

 

 TERMS AND CONDITIONS

 

Minimum Opening Bid: $700,000, Sold with Reserve. The minimum opening bid is the amount that starts the bidding which promotes open and competitive bidding.

 

ADVANCED BIDDER REGISTRATION:

All bidders must be prequalified to bid live and or online and present a $50,000 earnest money deposit made by wire transfer no later than (72) hours prior to day of Auction.  All deposits will be maintained by the Broker's Escrow Agent. Letters of credit from financial institutions must be verifiable.

Registered Bidders must sign and acknowledge that they received a copy of the Terms and Conditions.  A detailed copy of the Terms and Conditions for the auction can be found on www.paradiserealtyswfl.com. By placing a bid at this auction you do hereby agree to the Terms and Conditions of this auction. Preliminary Contracts can be reviewed on the  www.paradiserealtyswfl.com website.  For contract questions please contact Thaddeus Deitriech at 239-463-9277.

 

For online bidding please visit our auction post on www.proxibid.com Auction #12713.

 

BUYER'S PREMIUMS:
A Buyer’s Bremium of 10% will be applied to the final bid price.  For online Bidders a Buyer’s Premium of 11% will be applied to the final bid price.  The Buyer’s Premium is an addition to the final high bid price and will be paid to the Listing Broker. Seller does not allow for any financing contingency.

 

ESCROW DEPOSITS AND CLOSING:

Upon becoming the highest and best bidder on the property , the Bidder will immediately enter into a Contract for Sale and Purchase on said Real Estate . a remainder balance of a 10% earnest money deposit will be required at contract.  If you are not the high bidder on a property your deposit will be returned within (3) days of auction. PLEASE DO NOT enter into the bidding process if you do not have the ability to transact on the listed asset.  If a "Winning" Bidder cannot or will not enter into the Contract For Sale and Purchase of Real Estate they will forfeit their Bidder Registration Deposit.  The Closing on this Real Estate will be held on  December 23, 2013. Sample Contracts, Closing and Wiring instructions are available at www.paradisereltyswfl.com, under auction documents. Final Contracts will be available for review prior to the auction.

 

BUYER’S RESPONSIBILITIES:

It is the responsibility of prospective bidders to inspect ALL properties and decide their level of interest.  Bidders are encouraged to investigate all aspects of the property they may have interest in bidding on, including but not limited to physical and legal condition. The Broker and or Seller(s) are not responsible for the accuracy of any printed, written or verbal description.  All printed materials are for informational purposes only.  Potential bidders are encouraged to conduct their own due diligence and seek legal advice in any Real Estate transactions.  ALL sale day announcements will take precedence over any previously advertised materials. THE REAL PROPERTY IS SOLD “AS IS” WITH NO IMPLIED OR EXPRESSED WARRANTY.   ALL ASSETS ARE SOLD WITH ALL FLAWS AND DEFECTS.

 

If you have any questions concerning the property, call Thaddeus Deitriech at 239-463-9277. If you have any questions concerning the auction process, please call Brett Baugh at 239-738-6237.  See you at the auction!

 

Paradise Realty of Southwest Florida, LLC

 

Joe Jamieson Licensed Real Estate Broker

Brett Baugh Project Manager  and Sales Associate

450 Old San Carlos BLVD #101

Fort Myers Florida 33931

Phone: 239-463-0110

Email: brett@dabeach.com