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Condo Auction Origin at Seahaven

37 Condos Sold At Auction

70 registered bidders from 13 states bid on 29 condos at Absolute Auction. Due to the tremendous demand, 37 units were sold for $6,094,950. 

Live On-Site Auction

Began: Saturday, December 13, 2008 at 1:00 PM CST

Details

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Absolute Auction
Sells Regardless of Price! No Minimums • No Reserves
Saturday, December 13



Registration: 10:00 am • Auction: 1:00 pm

Address: 15100 Front Beach R., Panama City Beach, FLorida

Terms: Studios — 10% down with $7,500 per studio being in personal check, business check or certified funds; 1-Bedroom Condos — 10% down with $10,000 per condo being in personal check, business check  or certified funds; 2-Bedroom Condos — 10% down with $12,500 per condo being in personal check, business check or certified funds; 3-Bedroom Condos — 10% down with $15,000 per condo being in personal check, business check or certified funds; 4-Bedroom Condos — 10% down with $20,000 per condo being in personal check, business check or certified funds. Closing in 30 days.

Auction Site:
The auction will take place at the property — 15100 Front Beach Road.

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

Broker Participation: Broker Participation welcome subject to certain guidelines. Call 1-800-650-0882 or onsite 1-877-636-6550.

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

For More Information: Call 1-800-650-0882 or (256) 547-3434. Beginning November 28, call on site, (850) 636-6550 and (877) 636-6550.

Bidders Accommodations: A special bidders accommodations package is available. Request by calling 1-888-908-0006 ext. 3

Property Description

The Towne of Seahaven promises to be a unique destination, a beachside pedestrian village filled with atmosphere and charm on a breathtaking 53± acres with 1,400± feet directly on the Gulf of Mexico. All the facets that comprise an authentic seaside village are planned here — 2,800 coastal residences, 1,000 flag hotel suites, a Main Street marketplace, town hall, Seahaven Lake lined with Tahitian bungalows over the water, a lagoon water park complete with lazy river, an events plaza for concerts, a private beach club, a 60,000± square-foot conference center and more boutiques and restaurants than you can visit in just one stay ... not to mention the quarter mile of sugar white sand and turquoise Gulf of Mexico.

Origin at Seahaven, a 17-story, 280-unit luxury resort condominium, is the very first offering in a Development of Regional Impact (DRI) that once completed, in combination with Pier Park, will constitute the exciting new downtown center of a revitalized Panama City Beach.

The Towne of Seahaven, although larger and beachside, takes design cues from the highly successful Baytowne Wharf in Sandestin, which was developed by Intrawest. “Architectural Imagineering” will ensure that a stroll down Seahaven’s Main Street will take you back to a bygone era of brick-pavered lanes, quiet courtyards, and casual yet sophisticated shopping and dining ... the perfect setting for the relaxation of a memory-making family seaside experience, coupled with the convenience and vibrancy of village life.

Intrawest, a world leader in the development and operation of destination resorts, is the on-site rental manager. Origin has just completed its first highly successful summer as the number one booked property on Expedia and BookIt for the Panhandle, with revenues far exceeding start-up projections.


Property Highlights

29 New Luxury Resort Condominiums Selling Absolute
66 to Select From, Including Studios • 1-Bedroom Condos • 2-Bedroom Condos • 3 Bedroom Condos • Penthouses

  • Entry with Solid 2-Panel African Mahogany Doors with Secure Key Card System
  • Condos Feature Kitchens with Whirlpool Appliances, Granite & Porcelain Tile Countertops & Custom Cabinetry
  • Studios Feature Kitchenettes with Microwaves & Small Refrigerators
  • Ceiling Fans in Living Areas & Master Bedrooms
  • Washers & Dryers in 2, 3 & 4-Bedroom Condos
  • Electronics, Linens, Kitchenware, Accessories, Window Treatments Included
  • Community Amenities Include Grand Pool Terrace with Zero-Edge Swimming Pool with Views of Gulf of Mexico
  • Heated Covered Spa
  • State-of-the-Art Fitness Center
  • Theater with Stadium Seating for 24 Guests
  • Observation Decks with Panoramic Views
  • Grilling Terraces with Built-in Commercial Stainless Steel Grills, Bar-Top Tables & Seating
  • Luxurious Lobby with 24-Hour Front Desk
  • High-Speed Elevators
  • Arcade/Game Room
  • Wired for High-Speed Internet/Phone Access
  • Individual Hot Water Heaters
  • Laundry Facilities
  • Parking Deck & Expansive Covered Brick-Pavered Motor Court Entry
  • Climate-Controlled Storage Units
  • Picnic Areas
  • Lush Landscaping
  • Storm-Wise Solid Concrete Frame Building
  • On-site Property Management
  • 24-Hour Security

A 1% discount off the bid price will be given to those buyers who close auction day.


Thomas Jefferson Bone, #AU3433

10% Buyer's Premium 

AuctionServices
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