Multi-Property Auction! 19 Residential/Multi-Family Development Lots & Office Building, Lake Placid, FL, 11 A.M. Saturday, November 10

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Property Location:

Please See Auction Inventory List

Auction Location:

American Legion Hall, 1490 US 27 N. Lake Placid, FL 33852

Auction Schedule:

11:00 A.M. Saturday, November 10

Preview:

Office Building: 11:00 A.M. Thursday, October 25 & By Appointment

Vacant Lots: Drive By At Your Convenience

Real Estate Terms:

10% Of Total Contract Price Due Day Of Sale

Balance Due At Closing On Or Before 30 Days

10% Buyers Premium

*Pre-auction offers are accepted.  Subject to pre-auction sale, change or withdrawal without notice.

Online/App Bidding:

$1,000 Credit Card Authorization to Bid.

Earnest Money Deposit Of 10% Of The Total Purchase Price Due Within 48 Hours Of Auction

10% Buyer Premium

Telephone Bidding:

Phone Bidding Available, Pre-Registration

Required At Least 48 Hours In Advance.

Details:

Multi-Property Auction!  19 residential/multi-family lots, 3 offered Absolute.

See property list for addresses and property details.

There are 3 lakefront lots on lake Diane in Placid Lakes Subdivision that are zoned single-family residence water, optional HOA of only $25.00 a year.

A Kissimmee river lot is zoned SFR River, no HOA, however South Florida Water Management District does have the right flood and inundate since the property is low in elevation, but owner has never had this happen.   Nice recreational property and enjoy the river!

100 Observation Street is located in downtown Lake Placid and is currently zoned Multi-Family, but has commercial potential as across the street on two sides are multiple commercial zoned properties.

Fourteen of these lots are located in Placid Lakes.  There is an optional HOA of $25.00 yearly. These lots are a mix of SFR and Duplex.  These lots in Placid Lakes enjoy the amenities, which include a golf course, private picnic area with playground and boat ramp.

5,195± SF office building in a premier location directly across from Highlands County Courthouse in downtown Sebring.  The ground floor is 4,250± SF with two conference rooms, 16 separate offices, kitchen & break room, three restrooms, equipment storage room, computer room, file room, and a workroom.  There is a 945± SF second floor at the back of the building designed with two private offices and room for six cubicles.  The interior was remodeled in 2011 and a new rubberized roof was installed in 2015.  There are five parking spaces in front of the building and two parking spaces at the rear with one being covered.  The sale includes one-half interest in the parking lot across the rear alleyway, which provides seven more parking spaces.  There is also public parking lots within the same block.

Directions:

Please see property list below.

Property Information Package:

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