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Absolute Auction

Ocean Reef 31 New Beachfront Condos

129 Bidders from 17 States and 2 Foreign Countries bid on 31 Beachside Condos at Absolute Auction. Due to the tremendous turnout, 50 units were sold for $13,065,000.

Live On-Site Auction

Began: Saturday, October 18, 2008 at 11:00 AM MDT

Details

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Absolute Auction
Sells Regardless of Price! No Minimums • No Reserves
Saturday, October 18



Registration: 9:00 am • Auction: 11:00 am

Pre-registration: An early registration will be held from 10 a.m. to 5 p.m. on October 17 at the auction site.

Address: 14415 Front Beach Rd., Panama City Beach, Florida

Terms: 2-Bedroom, 2-Bath Condos — 10% down per condo with $10,000 being in personal check, business check or certified funds; 4-Bedroom, 3-Bath Condos — 10% down per condo with $15,000 being in personal check, business check or certified funds. Closing in 30 days; additional 30 days closing with 8% interest. 

Auction Site: The auction will take place across from the property, which is located at 14415 Front Beach Rd., Panama City Beach, Florida.

Pre-Sale Inspection: Property is available for viewing daily by appointment from 10 a.m. to 5 p.m. beginning September 22.

Broker Participation: Broker Participation welcome subject to certain guidelines. Call 1-800-445-6597.

For More Information: Call 1-800-445-6597 or (256) 547-3434. Beginning September 22, call on site, (850) 588-8593.

Online Bidding: Available subject to certain guidelines. Visit www.nationalauctiongroup.com for details.


Property Description

Luxury, quality and convenience define Ocean Reef Condominiums, one of the newest gulf front community developments in Panama City Beach, Florida. Convenient to the new Pier Park shopping and entertainment complex and the future Panama City International Airport, Ocean Reef is within minutes of endless past-time pursuits — world-class sportfishing, boating, parasailing, snorkeling, championship golf, cruises, concerts, art exhibitions, fine dining and unlimited shopping.

Ever-changing views of the Gulf of Mexico have a mesmerizing effect over each Ocean Reef condominium, where open floor plans and spacious balconies showcase spectacular vistas of the world’s most beautiful beach.

Stylishly appointed with tile, granite, crown moldings, raised six-panel doors, custom cabinetry and nine-foot ceilings, the two- and four-bedroom condos have assigned, covered parking and access to a gulf front swimming pool, hot tub, grill area, fitness center, steam room, sauna and private beach area.


Property Highlights


2-Bedroom, 2-Bath Units
4-Bedroom, 3-Bath Units • Penthouse Units

  • Tiled Foyer
  • Living Room & Dining Room
  • Upscale Kitchen with Granite Countertops, Custom Cabinetry, Whirlpool Range, Microwave, Refrigerator, Dishwasher,
    Garbage Disposal, Washer & Dryer
  • Oversized Gulf Front Balconies
  • Crown Moldings
  • Raised 6-Panel Doors
  • Gulf Front Swimming Pool, Deck Area & Hot Tub
  • Heated Indoor Swimming Pool
  • Fitness Center, Steam Room & Sauna
  • Private Beach Area
  • Meeting Room
  • Assigned Covered Parking
  • Lush Landscaping

    Penthouse Amenities — Floors 19-23 — Also Include:
  • Spacious 10-Ft. Ceilings  Except Where Dropped
  • Extended Length (8-Ft.) Doors
  • Elevator Lock Out

 

Oral representations cannot be relied upon as correctly stating representations of the developer. For correct representations, make reference to this brochure and to the documents required by section 718.503 Florida Statutes, to be furnished by a developer to a buyer or lessee.

Thomas Jefferson Bone, #AU3433

10% Buyer's Premium 

AuctionServices
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PHONE: (800)473-2292 or (256)547-3434

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