AUCTION ID #: 429206 Bookmark and Share
Fort Myers, FL - 2-BR Condominium, Great Rental Property
Item 429206  
Winning Bid: USD $20,300
Number of Bids: 41
Winner: John Owens
Reserve: No Reserve!
Status: Sold
Auction Started: 11-17-09    08:00 AM ET
Auction Closed: 11-24-09    03:25 PM ET
Asset Details
Seller Information
Seller Name: Real Property Holdings
Rating: Seller Rating - 3.5 (9)
Location: 2951 Central
#203
Fort Myers, FL    33901
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Bid Increment: $150
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $4,999
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 5.0%
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Asset was Sold
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Item Specifics
 
Residential Properties  
  Address 2951 Central
#203
Fort Myers, FL 33901
United States
  County Lee County
  Number Of Bedrooms 2.00
  Number Of Bathrooms 1.00
  Annual Taxes $872.61
  Property Condition good
  Occupancy Vacant

Asset Description

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This condominium at 2951 Central in Fort Myers, FL provides an excellent investment opportunity at low cost. Some cosmetic is all that would be needed to make this a nice income producing property.
Located in Lee County, this property was built in 1980. There are 728 square feet of gross living area with a Territorial View. Local Schools in the area include; Edison Park Creative and Expressive Arts; Fort Myers Middle Academy (Magnet School) and Fort Myers High School.

According to the Lee County Tax Recorder's Office, the property has no delinquent taxes, but 2009 taxes of $872.61 are due. The property is currently assessed at $44,020.


Unit # Previous Sale Previous Sale Date
201 $119,000 January-07
202 $63,500 July-05
203 (THIS UNIT) $63,600 January-05


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Maps & Area Information

Additional Details
For more information about this asset including photos, specs and more (when available), click here.
Additional Terms of Service
This property is on a quitclaim deed and Buyer is responsible for any liens, encumbrances, bills and back taxes.
Some Information pertaining to this listing has been retrieved from third party sources.


PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property b) completion of a title search c.) investigating back property taxes and D.) other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.

Settlement Requirements
  • This auction requires that the winning bidder pay a Buyer's Premium of 5.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
  • Certified/Cashier's Check
  • Wire Transfer
  • Buyer will not pay closing costs to the seller. Buyer will receive quitclaim deed and can arrange for deed recording.
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