AUCTION ID #: 454571 Bookmark and Share
$149 Start Central Florida Land Lot 82' x 165' Lake Wales No Reserve!
Item 454571  
Winning Bid: USD $159
Number of Bids: 3
Winner: b4xss
Reserve: No Reserve!
Status: Sold
Auction Started: 07-24-10    06:30 PM ET
Auction Closed: 07-31-10    09:00 PM ET
Asset Details
Seller Information
Seller Name: nimitz
Rating: Seller Rating - 4.5 (20)
Location: Lake Wales, FL    33853
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Bid Increment: $5
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $149
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Asset was Sold
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Item Specifics
 
Land Properties  
  Address
Lake Wales, FL 33853
United States
  County Polk
  Lot Size 13625 sq. ft
  Annual Taxes $3.00
  Zoning agricultural
  Display Maps No

Asset Description

 

 
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Central Florida Land Lot 82' x 165', Lake Wales, FL NR
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Item Description

Offered is one 13,600 Sq Ft Lot (.3125 Acre) Dimensions are 82' x 165'. You will own the property and will receive a recorded deed from Polk County Clerk of Courts. You can hold the property as an investment with low annual taxes (about $3 annually).

GOOD TITLE: SPECIAL WARRANTY DEED PROVIDED: TAXES ARE CURRENT

 

Listed with No Reserve, this is a Straight Sale with No Additional Payments
 


Property is delivered free and clear of back taxes. A $350 Doc prep fee is charged to cover deed preparation, shipping, and county recording costs. A parcel map and copy of deed is mailed immediately upon payment. Original will be forwarded directly to county clerk for recording.

Lot Legal Description: SE 1/4 of W 1/2 of SE 1/4 of SE 1/4 of NW 1/4 of NW 1/4 Less 1/2 Interest in Oil, Gas, and Mineral Rights Section 12, Township 32 South, Range 31 East Polk County, Florida.

Lot is located in the River Ranch Acres Subdivision in Polk County, Florida. They are very close to State Road 60 and State Road 630, directly east of Indian Lake Estates, a fully developed subdivision. Indian Lake Estates is a fully functioning community with houses, restaurants, and churches. In Indian Lake Estates lots sell for $25,000 to $30,000 for only half acre parcels.

The lots are not buildable at this time as paved roads and utilities are not into these lots. You can use it right now to gain access to the River Ranch Acres Camping Area. Here you can hunt, fish, camp and go fourwheeling over 70 square miles of area.

This land should be considered as a speculative investment for future growth. Land in this area is being purchased by investors and developers who recognize that they are buying this undeveloped land at a very small fraction of the cost of land in the surrounding area that already has roads and utilities.


Cashier's check and Personal checks accepted.

 

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Additional Details
For more information about this asset including photos, specs and more (when available), click here.


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 10.00% 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
  • Money Order
  •