800.329.0036 info@karlindaniel.com

COMMERICIAL REAL ESTATE AUCTION

NEW 4 UNIT OFFICE WAREHOUSE


In order to dispose of this real estate, Karlin Daniel & Associates has been authorized to sell the following real estate at public auction to the HIGHEST BIDDER, REGARDLESS OF PRICE with SELLER FINANCING AVAILABLE!

 

 

 

LIVE ON-SITE AUCTION
Began: 05/15/14 at 11:00 AM EDT
Location: google pin icon 3553 Azalea Lane, PO Box 1035, Micco, FL 32976

AUCTIONEER’S NOTE: This brand new building is in pristine, ready to move in condition and offers an excellent opportunity for investment, rental property or a home for your own business venture. Perfect for a multitude of small businesses and located in the heart of the Sebastian River area, this office warehouse is perfect for supporting the surrounding businesses and communities. So mark your calendar and plan on attending this auction offering the opportunity to buy this property at your price!

PROPERTY FEATURES

4 units- 1,180 square feet each plus above office   storage. Building total is 4,725 square feet.

New construction! Built in 2013.

CBS structure on ½ acre

Low maintenance building and property with surface  water drainage

Unit 4 office has AC

ADA code compliant

12’ x 12’ roll up overhead doors

Clear-span ceiling with 16’-14’ grade

Concrete parking lot with 10 parking spots – 9 regular

& 1 handicap

Separate electric meters for each unit

3 separate water wells – potable, fire & irrigation

Filtration and water softener system

Septic system

Attractive landscaping

Access on paved road

County zoning: BU-1, General Retail Commercial

 

AREA AMENITIES

Area experiencing rapid growth

Immediate area of Indian River Lagoon and Sebastian Inlet

Close to Sebastian River Medical Center, shops and restaurants

1 mile to US 1

Short drive to I-95

 

 

AUCTION TERMS AND CONDITIONS

 • Property sells to the HIGHEST BIDDER, REGARDLESS OF PRICE!

 • Open to the public.

 • 10% buyer’s premium charged.

 • $10,000 cash or cashier’s check must be displayed to bid.

 • 15% of the contract price deposit 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 SELLER FINANCING.

 • All closing costs to be paid by the buyer(s).

 • Current year taxes to be prorated to day of auction.

 • Property being sold subject to lease (expires 3/31/15) on Unit 1.

 • Property sells on an “AS-IS” basis.

 • Buyer(s) must make all inspections prior to the auction. Inspections by appointment. Call the auctioneer.

 • Possession with deed.

 • Up to a 2% Broker Participation available. Must qualify and register clients 48 hours prior to auction.

 • Bidder Information Package available at www.karlindaniel.com.

 • Auction held on-site, rain or shine.

SELLER FINANCING

 • Additional 5% of the contract price to be paid at closing.

 • 70% of contract price (first mortgage) to be financed by seller.

 • 6% Annual percentage rate.

 • 25 year amortization.

 • 3 year payoff required.

 • All mortgage costs at the expense of the buyer(s).

 

From the intersection of CR 512 and US Hwy 1 in Sebastian, FL, go north on US Hwy 1 for 3 ½ miles to Main St. (just north of bridge), then west .3 miles to Riverview Dr., then south .3 miles to Holly St., then west .3 miles to auction site.

 

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Aerial floorplan building unit

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Karlin Daniel & Associates, Inc

http://www.karlindaniel.com

6495 SW Martin Hwy Palm City, FL 34991

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