Absolute Florida Coastal Land Auction 3349 Acres With 5 Miles Waterfront & Gulf Access
Affiliated Auctions & Realty, headquartered in Tallahassee, Florida, announces a 3,349 acre (divided in to 6 tracts) coastal Florida real estate auction. Great development opportunity. Over 5 miles of navigable waterfront along the intracoastal waterway near Mexico Beach Florida and many other coastal destinations. Great timber, hunting and development opportunity.
Tallahassee, FL (PRWEB) May 1, 2009 -- Affiliated Auctions & Realty LLC: Florida's premier real estate auctioneer team is headquartered in Tallahassee, Florida. On May 23rd, 2009, at 10:00AM CST, 3,349 +/- acres along Florida's coast will be sold at public auction (on-site from tract 5). Property will be offered in 6 tracts, with 440+/- of the most desirable acres selling absolute to the highest bidder, regardless of price. The seller is highly motivated to confirm sale of all land.
Tracts will be offered singularly and in combination. The parcel will also be offered as a whole. Exuding over 5 miles of desirable navigable waterfront, all in a natural old Florida setting, this auction property comprises the 3rd largest land holding in Gulf County Florida. Visit http://www.affiliatedauctions.com/ for auction information and details
This prime Florida real estate land is located in close proximity to many destination Florida cities: 5 miles North of Mexico Beach, 18 miles Northeast of Panama City, 30 miles Northwest of Apalachicola, 60 miles Northeast of Destin and 68 miles Southwest of Tallahassee.
Property boasts: 1,250 acres of merchantable timber, valued at $2,250,000 (April 2009), 1,410 acres of pre-merchantable timber, valued at $1,275,000 (April 2009), hunting lease in effect, paying $2.85 / acre, pine straw lease in effect, paying $0.25 / bale ~ average income $35,000, All leases may be canceled with 30-day written notice and plenty of navigable water of 6' - 20' depth along the intracoastal.
Parcel is bordered by Horseshoe Creek to the North, Wetappo Creek to the South and the intracoastal to the West. A variety of land uses exist, to include development, timber and hunting. A majority is zoned Agricultural, with some Residential south of Pleasant Rest Rd. There are major real estate subdivisions and developments on adjacent land parcels.
Gulf and Bay County Florida amenities include: pro development counties, less than 60 miles to new Panama City International Airport, situated along the proposed Gulf Coast Parkway route (Direct route for tourists vacationing in south Gulf County & Panama City International Airport), designated Foreign Trade deep water port in Panama City, highly skilled workforce from the region's multiple military installations, industrial businesses, two community colleges and one senior university, aggressive business tax incentives, utility rates among the lowest in the Southeast, miles from West Bay Sector Area Plan / Greenfield Development, which includes the International Airport and over 4.4 million square feet of commercial, industrial, professional and service space, in the vicinity of proposed sites for multiple major theme park developments and close to major shopping areas such as the million plus square foot Pier Park complex.
Do not miss this Florida auction real estate investment opportunity. Contact auction coordinator Quinton Smith at 850-445-3212. Interested bidders can register to bid online, via phone or in person (on-site). Visit http://www.affiliatedauctions.com/ for auction information and details. This auction property has a lot to offer and appeals to a variety of buyers. Invest in Florida real estate today. Call Quinton Smith today! 850-445-3212.
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