Worldbid Auction - July 15th
PREVIOUSLY LISTED: $6,490,000
STARTING BID: $4,500,000
ESTIMATED PROPERTY VALUE RANGE: $4,500,000 - $5,500,000
PRE AUCTION BIDS DUE NOW THRU JULY 1ST, 2025 CT
BIDS DUE PRIOR TO OR ON JULY 15TH 2025 NOON CT
PRE AUCTION OFFERS
• A Buyer may elect to submit a Pre Auction rather than participate in Auction bidding.
• Pre Auction offers may be submitted on a standard FAR (Florida Association of Realtors) purchase contract.
Pre Auction offers may have any contingency a buyer requests.
• The seller will provide the buyer a credit in the amount of $150,000 if the buyer submits their Pre Auction offer
no later that July 1, 2025 and the following occurs
- The buyers offer is accepted by the seller and the buyer closes on the purchase of the property not later than July 5, 2025
OR
- The buyer’s contingencies are removed no later than July 5, 2025, the buyer’s deposit becomes non refundable and is released to the seller.
• The credit will be applied to the purchase price
• The Pre Auction offer must include the Buyer’s Premium
• No exceptions to the date deadlines will be accepted.
• The buyer must provide a 10% deposit with their offer, proof of funds to close the purchase and a lender approval letter (if applicable).
AUCTION DAY BIDDING
• Your Sealed bid must be submitted on the Premiere Estates Sealed Bid auction purchase contract.
1. Qualifying round bids are due on July 15th noon 2025 CT and must be emailed MMische@PremiereEstates.com
2. The top 50% bids (by price) of the qualifying round bids received, those bidders will be notified by July 15th 3pm 2025 CT, they are approved
to submit their final bid
3. The bidders, which have qualified to bid in the Final Bid round are due on July 16th, 2025 noon CT
• Both the qualifying and final round bids must be provided on the Premiere Estates Sealed Bid auction purchase contract.
• Escrow Shall close no later than August 16th, 2025
• The Sealed Bid auction purchase is available at PremiereEstates.