Estate of Ben Hill Griffin, III

Real Estate & Personal Property

Frostproof, FL, 10 AM Saturday, February 27

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Property Location:

425 N Lake Reedy Blvd, Frostproof, FL 33843

Auction Location:

On Site & Online

Auction Schedule:

10:00 A.M. Saturday, February 27, 2021


10:00 A.M. – 4:00 P.M. Saturday, February 20, 2021

Real Estate Terms:

$50,000.00 Deposit Due Day Of Sale

Balance Due At Closing On Or Before 30 Days

10% Buyers Premium

Real Estate Online Bidding:

$1,000 Credit Card Authorization to Bid.

Earnest money deposit of $50,000.00 due within 24 hours of auction via wire transfer. Remaining balance due at closing on or before 30 days.

11% Buyer Premium

Successful bidders not executing and returning their contract immediately following the auction and wiring the earnest money deposit in the time frame stated, will be considered in default. Purchaser is responsible for all wire transfers; instructions will be sent.

Telephone Bidding (Real Estate Only):

Phone Bidding Available, Pre-Registration

Required At Least 48 Hours In Advance.

In-Person Personal Property Terms:

 **We highly recommend you bring and wear a mask. We will have social distance seating.  If you are uncomfortable bidding in a live format, please register and bid online.

10% Buyer’s Premium. 7% Florida Sales Tax.  An additional 3% surcharge on credit & debit cards. Buyers are responsible for immediate removal of items. Items purchased will not be released until full payment is received, verified, and approved.  Payment may be made with cash, personal or business check, Visa, Mastercard, Discover and AMEX.

Online Personal Property Terms: 

Visa, MasterCard, Discover, American Express

18% Buyer’s Premium, 7% Florida Sales Tax.

Dealers purchasing must register their State of Florida tax exemption form prior to the sale. If you provide a valid copy of your State of Florida tax exemption certificate within 7 days after the auction, the sales tax will be refunded to you. No sales tax will be charged for out of state purchases.

Payment made by credit card on file with Proxibid immediately following the auction close. Shipping is available, check internet bidding site for terms. NOTHING will be charged to your card until a purchase is made. Credit card chargebacks will not be accepted. A second charge will be charged to your card once shipping and handling charges have been established.

**Please See Complete Terms And Conditions.


Estate of Ben Hill Griffin, III

All Personal Property will be sold the same day

Beautiful custom-built split plan home with 592’ directly on Lake Reedy.  Reedy Lake is a natural freshwater 3,504-acre lake that is one of Florida’s premiere bass fishing lakes.

Once through the security gates and driving through the winding driveway with beautiful views of mature landscape, over the bridge that has a spring fed creek flowing through the property

This is the last property on the lake with 8.23± acres, perimeter is completely fenced and full of lush mature landscaping, grandfather oaks, mango trees, and palms which creates plenty of privacy!  This 3-bedroom, 3.5 bath home has wood flooring, cathedral ceilings, beautiful fireplace with large river rock in an open family room with great views of the lake, french style doors open to a perfect outdoor entertaining lanai and deck area with a built-in grill area and a 16 x 30 sculptured pool with heated spa, central vacuum system, up to date kitchen with all stainless-steel appliances, Corian countertops, chef’s oven with gas stove top and electric oven, large kitchen island with sink.  The master suite has nice views of the pool and lake with french doors leading out to the lanai and pool area, the master bath includes a jacuzzi tub and a separate shower with two walk-in-closets.  Both guest rooms flank full size bathrooms.

Two car garage with a separate workshop, and pole barn for extra parking.  Complete Generac System and separate 500-gallon gas tank for supplying regular gas to equipment.  Yard irrigation utilizing a separate well.  City water and septic.  Full boat dock and lift able to hold up to 26’ boat. 

LOCATION LOCATION LOCATION!  .063 miles to public boat ramp.  Right off of C.R. 630E, Walk-in-Water Rd., about 3 miles to downtown, about 12 miles to Hwy 60 and about 8 miles to Hwy 27.


From Frostproof (Highway 17) continue E on Hwy 630E for approximately 0.5 miles to North Lake Reedy Blvd, look for auction signs.

Property Information Package:

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B.H. Griffin Lake Reedy Estate 2.27

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