WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
UNITED STATES BANKRUPTCY AUCTION | Middle District of Florida, Tampa Division | Case No. 8:23-bk-01532-RCT
ONLINE AUCTION EVENT | Begins - Thursday, March 14, 2024 @ 9:00 AM ET and Ends - Thursday, March 14, 2024 @ 12:00 PM ET
Fisher Auction Company and 1 Oak Real Estate are pleased to present via Online Auction Event a 5,294± SF Residential Building in Bradenton, Florida.
PROPERTY HIGHLIGHTS
· Prime Corner Location on major corridor of US 441 Business / Tamiami Trail
· Close proximity to Downtown Bradenton
· Nice 6,250± Square Foot Lot with Parking Area
· Property is currently undergoing renovation
· Minutes to Major Outdoor Recreation, Shopping and Area Sites
· Current Lease with Upside Potential (Tenant is expected to vacate prior to closing)
· Approximately 7 Miles West of I-75
· New Roof in 2022
· Under an hour from Tampa International Airport
· Multiple Uses including Retail, Residential or Live/Work
PROPERTY DETAILS
· Address: 1836 14th Street W, Bradenton, Florida 34205
· Location: Northwest Corner of US 441 and 19th Avenue W
· Directions: From I-75 Exit No. 220 West to 9th Street W. Turn left to 8th Avenue W. Turn right to 14th Street W. Turn left to property address
· Access: From 19th Avenue W
· Improvements: 2 Story Building with 5,294± SF in 3 Units consisting of 5 Bedrooms, 5 1/2 Bathrooms, 2 Kitchens, Open Areas, Built in 1932, Extensively Renovated in 2022
· Land Size: .14± Acres / 6,250± Square Feet
· Frontage: 50± Feet along 14th Street W and 125± Feet along 19th Avenue W
· Zoning: T4-O - General Urban Open. See Zoning Section for Permitted Uses and Building Requirements
· Taxes: 2023 - $6,064.87
· Parcel ID No.: 4447700008
· Legal Description: LOT 5 BLK A SHARP & TURNER ADD
· Flood Zone: Zone X / Per Manatee County Flood Map
· Utilities: All Utilities Available to Site
· Construction: Concrete Foundation, Masonry Frame, Built-Up Roof, Single Hung Windows, Central HVAC
Property Tours: Please Contact our office for Scheduled Tour Dates and Private Showings
AUCTION METHOD
The Final Bid Price for the Property shall be determined by competitive bidding at the Auction. The Property will be offered free and clear of all liens and claims to the highest bidder and best bidder with the highest bid being subject to the Bankruptcy Court’s final approval and acceptance of price, plus the six percent (7%) Buyer’s Premium and is subject to the terms and conditions of the Governing Documents. The Final Bid Price will be subject to the approval of the Bankruptcy Court.
QUALIFYING BIDDER REQUIREMENTS
Contact our office for details.
BROKER PARTICIPATION
2% of the Final Bid Price. Contact our office or visit www.fisherauction.com for the Mandatory Real Estate Buyer Broker Participation Registration Form.
