Online Only Auction
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Date(s)
5/19/2019 - 6/14/2019
Bidding Notice:

Please note that the pickup or shipping of personal property is from our facility located 4745 US Hwy 92, Lakeland, FL 33801 Pick up will be by appointment

Auction Notice:

a nominal shipping and handling of 5 to 15 for your entire order will be added to your personal property purchases plus actual cost of postage or ups charges. No charge for pickup,


Information
Lot # 100
Estimate 275,000.00 - 325,000.00 USD
Group - Category Real Estate - Ag / Farm Land
Lead 2.3 ac commercial tract St Johns River front
Description
2.35 acres featuring 180' frontage on the beautiful St Johns River and 200' frontage on busy US Hwy 17 333 S US Hwy 17, East Palatcka, FL Seller Financing - $100,000 down payment, balance 8% interest, 15 year amortization. Auction Terms: 10% buyers premium, $10000 binder deposit at conclusion of the auction (24 hours) balance within 30 days. Seller will furnish deed and title insurance. Click link below for more detrails and terms or call Randy Kincaid (863) 287 9213 <p><a href="http://wp.me/p7OgPp-1tC" target="_blank" title="propety details"><span style="font-weight: bold; font-style: normal; text-decoration: underline; font-size: 14pt; color: rgba(0, 0, 255, 1)">Updated Details on Kincaid website</span></a></p>
Name 2.35 ac commercial tact on St Johns River
Auctioneer
Type Online-Only Auction
Date(s) 5/19/2019 - 6/14/2019
Auction Date/Time Info
Internet Bidding Only bidding opens May 19th and closes 5pm June 14th EST
Preview Date/Time the property is open for inspection at all times. Please do not disturb neighbors
Checkout Date/Time High bidder will .execute a contract for sale and purchase immediately following the auction conclusion. instructions will be sent to the winning bidder for wiring the $10000 binder deposit no later than Monday June 17 to the closing agent.
Location
Buyer Premium added to bid for ftotal contract price
Description
Beautiful 2.35 acre commercial tract on the St Johns River (180') and high well drained frontage on US Hwy 17 close to business section of East Palatka. SELLER FINANCING AVAILABLE ideal location for residential rental units, commercial strip center, restaurant, sales yard, Sewer line runs in front of property, water connection already made
Payment Instructions: Immediately following the conclusion of the auction, the buyer will execcute a contract for purchase and sale to be presented to the seller for acceptance. $10000 binder deposit will be wired to the closing agents excrow account to be held until closing which will be set for 30 days from the conclusion of the auciton. The buyer will wire the balance to the closing agent on or before the closing date. Buyer may take advantage of seller financing as outlined in terms below. All property is sold AS IS and ALL SALES ARE FINAL. Property is open to thorough public inspection. It is the Bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Kincaid Auction Realty LLC may attempt to describe the merchandise in advertising, on the Internet and at the auction but makes no representations. In no event shall Kincaid Auction Realty LLC be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. Bidders understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder's responsibility to determine condition, suitablilty, value or any other determinative factor. Kincaid Auction Realty LLC shall endeavor to describe in detail the property and any pertinent information about it. Kincaid Auction Realty LLC will not be responsible for any errors or omissions in the description of the property unless it is a material and intentional misrepresentation of the item itself. Bidder agrees that everything is sold as is and their bid will be binding. Kincaid Auction Realty is providing Internet pre-auction and live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Kincaid Auction Realty LLC or anyone else if the Internet service fails to work correctly before or during the live auction. Kincaid Auction Realty LLC will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. Kincaid Auction Realty LLC reserves the right to withdraw, re-catalog, reject a bid, or extend the bidding in this auction.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 30.00 2.50 USD
30.01 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 300,000.00 5,000.00 USD
300,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium added to bid for ftotal contract price
Payment Terms
$10000 binder deposit payable by wire to closing agent. instructions will be sent at conclusion of the auction. Balance at closing on or before 30 days after the auction. Buyer may take advantage of seller financing by paying $100,000 down and a purchase money mortgage note for the balance, 8% interest, 15 year amortization, No prepayment penalty.
closing will be handled by Gullett Titla , Palatka FL (386) 328 5106
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.