TWO PARCELS COMMERCIAL REAL ESTATE
THURSDAY • JUNE 6TH • 11 AM
Auctioneer’s Note: Ideally situated in next to a high traffic Walgreens, McDonalds and other retail outlets, frontage on US 27 and Southern Breeze Dr. and flexible zoning are just a few reasons to make either of these two building sites perfect for your business or office. So mark your calendar and plan on attending this auction offering the chance to buy these desirable properties at your price!
• Favorable Minneola B-1-Business District zoning
• City water and sewer available
• Lots are cleared and ready for building
• Retail sales and services
• Professional offices and others
PARCEL 1 – AUCTION SITE!
1.5 ACRES ON NORTH US 27
Lake County ID# 07-22-26-035000000300
PARCEL 2 – 1 ACRE ON SOUTHERN BREEZE DR. with a 2.5 ACRE RETENTION AREA
Lake County ID#s 07-22-26-000200008800 and 8700
AUCTION TERMS AND CONDITIONS
• Properties sell to the HIGHEST BIDDER(S), REGARDLESS OF PRICE!
• OPEN TO THE PUBLIC!
• 10% buyer’s premium charged.
• $10,000 per parcel cash or cashier’s check must be displayed to bid.
• 15% deposit of the contract price collected at the auction upon winning the bid.
• Additional 10% deposit collected within 15 days of the auction.
• Balance due within 30 days of auction at closing OR see GUARANTEED SELLER FINANCING.
• All closing costs at the expense of the buyer(s).
• Current year’s taxes to be prorated to the date of auction.
• Property sells on an “AS-IS” basis.
• Buyer must make all inspections prior to the auction. Inspection at your convenience.
• Possession with deed.
• Up to a 2% Broker Participation available-Florida Brokers only-must qualify and register clients 48 hours prior to auction.
• Bidder Information Package available. Call or go to www.karlindaniel.com to obtain copy.
• Auction held on-site, rain or shine.
GUARANTEED SELLER FINANCING:
• Additional 10% of the contract price to be paid at closing.
• 65% of contract price (first mortgage) to be financed by seller.
• 5% annual percentage rate.
• 25 year amortization schedule.
• 3 year payoff required.
• All mortgage costs at the expense of the buyer(s).
From the intersection of SR 50 and U.S. 27 (Clermont, Florida), go north 3 miles on U.S. 27 or from the Turnpike and US 27, go south 5.5 miles to the auction site.