Panama City Beach Real Estate Auctions - Marina Landing

Posted on June 8, 2008
Filed Under Condo Updates, Investor Insights, Panama City beach condos for sale, Real Estate Auctions |

Panama City Beach condos - Marina LandingMarina Landing a 87 unit, 16-story high-rise at the foot of the west end of the Hathaway Bridge is placing 25 units up for auction to the highest bidder!

Originally, these units were priced ranging from $534,500 for a two-bedroom unit up to $917,000 for a three-bedroom end unit. Penthouse units on the 15th and 16th floors ranged from $764,000 to $2.09 million.

With amenities such as: tiled entryways and living rooms, granite kitchen counter tops and stainless steel appliances, window walls with spectacular water views and spacious balconies.

The auction will be open to the public and held June 26 at Marina Landing with no minimum bid required. However, buyers wishing to participate must register in advance and bring secure deposits on the day of the event.

Two-bedroom, two-bath condos, require 10 percent down with $25,000 per condo being in certified funds, personal or company check. The three-bedroom, three-bath condos requirement is 10 percent down with $35,000 per unit being in certified funds, personal or company check. Closing on all sales must occur in 30 days.

Pre-sale inspections will occur beginning Thursday, with properties available for viewing daily by appointment from 10 a.m. to 5 p.m.

If you need information on participating in a real estate auction, read my article “How to buy or sell property at a real estate auction” or contact me directly for representation and information.

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