6% BUYER'S PREMIUM ADDED TO THE HAMMER PRICE

Ownership: Fee Simple

Summary terms of sale: A $5,000 credit card hold, cashier’s check or wire transfer is due prior to the auction. The buyer is required to have a deposit in the amount of 10% of the purchase price within 1 business day after the auction in the Title Company’s Office. The deposit is required to be in the form of a cashier’s check or wire transfer. If a credit card hold was used it will be released by the auctioneer upon the receipt of the 10% deposit. If payment of the additional deposit or the balance of the purchase price is not made within the specified periods, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Settlement is 45 days from the sale date. All expenses, including real estate taxes, condo fees, HOA fees, sanitary and/or metropolitan district charges, special assessment and private utility charges are to be adjusted to date of settlement and assumed thereafter by the purchaser. Cost of all documentary stamps, settlement costs and transfer taxes to be paid by the purchaser. The property will be sold in "As is" condition without express or implied warranty as to the nature and description of the improvements. The property will be sold subject to easements, agreements, restrictions or covenants of record affecting the same, if any. Dimensions and acreage are more or less. Time is of the essence as to the terms of this contract. Alex Cooper Auctioneers is acting as agent for the Owner in this transaction. Alex Cooper Auctioneers is not acting as agent for the successful bidder. Any buyer-broker is acting as an agent for the successful bidder and is not a sub-agent of Alex Cooper Auctioneers.

NOTICE FLORIDA NOW RESTRICTS THE SALE OF PROPERTY TO FOREIGN PRINCIPALS: (Secs. 692.202-205, F.S.) THIS NOTICE DOES NOT APPLY TO CITIZENS OF THE UNITED STATES AND PERMANENT RESIDENT ALIENS. CAUTION: THIS NOTICE IS NOT INTENDED TO PROVIDE LEGAL ADVICE. PERSONS WHO ARE OR MAY BE DEFINED AS “FOREIGN PRINCIPALS OF FOREIGN COUNTRIES OF CONCERN” SHOULD CONSULT WITH AN ATTORNEY BEFORE PURCHASING OR ACQUIRING ANY INTEREST IN REAL PROPERTY IN FLORIDA ON OR AFTER JULY 1, 2023. LAND 250 ACQUIRED IN VIOLATION OF THIS LAW MAY BE FORFEITED TO THE STATE. Effective July 1, 2023, the “Conveyances to Foreign Entities Act” (the “Act”) found in sections 692.201 - 692.205, Florida Statutes, restricts the ability of foreign principals of certain foreign countries of concern from purchasing or acquiring title to real property in Florida, subject to limited exceptions.

In the event the buyer is unable to close due to this law they will be in default of the contract and forfeit their deposit.  Please see purchase agreement in the document section for full disclosure.  

General Bidding Terms: By bidding at an auction, whether in person or by agent, absentee bid or the Alex Cooper Auctioneers online bidding service, you agree to be bound by the Terms and Conditions of Sale. 

Bidder Qualification: Alex Cooper Auctioneers may from time to time establish standards of qualification for bidders. Internet bidders must qualify through the online bidding service. Prospective bidders are required to register prior to the auction. Registration is available a limited number of days prior to the time and place of the auction. Internet bidders may register through the Alex Cooper Auctioneers online bidding service. 

Prior to bidding, all registrants are required to carefully read all Terms and Conditions of sale. Internet bidding is offered as a service to our customers, and prospective bidders shall not hold us responsible for any errors or failures in executing bids, nor shall they hold us responsible for any failure due to the loss of the online auction applet. Internet bids are bid electronically by the computers of online bidding service. Alex Cooper Auctioneers will establish the bid increments. Subject to Alex Cooper Auctioneer's discretion, the highest bidder accepted by Alex Cooper Auctioneers will be the winning bidder, and the highest bidder at the end of the online auction marks the acceptance of the highest bid and the entry of a contract between the seller and high bidder. Any person submitting bids on behalf of a corporation or other entity, by making such bid, agrees to be personally liable for the payment of the purchase price and any related charges and the performance of all Buyer obligations under the Terms of Sale. ALEX COOPER AUCTIONEERS IS NOT RESPONSIBLE FOR ANY ERRORS IN BIDDING. All Bidders should make certain to bid on the correct property and that the bid is the bid intended. Wire transfers are encouraged and can be arranged through our accounting department. On any cash transactions or series of transactions exceeding $10,000, Treasury Form 8300 will be filed. If property has a reserve, the seller grants Alex Cooper Auctioneers permission to advance bids until their reserve price is met. The information contained in all documents pertaining to this auction listing was obtained from sources deemed reliable, but is offered for informational purposes only. The Auctioneer, the Sellers, and their respective agents and representatives do not make any representations or warranties with respect to the accuracy of the information contained herein. Prospective purchasers are urged to make their own inspection.