233 Condos & Townhomes – 100 ABSOLUTE
Island Reserve Resort Community
Ended: 05/16/09 at 10:00 PM CDT
Location: 8700 Front Beach Road, Panama City Beach, FL 32407
8700 Front Beach Road • Panama City Beach, FL 32407
Whether this is a vacation home or your new private residence, you can enjoy resort amenities in this new upscale resort community. Don’t miss this chance to own at your price!
Located near the sugar white sands of beautiful Panama City Beach, FL, Island Reserve Resort Community is a new upscale development that offers serene and spacious living for even the most discriminating buyers. On Saturday, May 16 at Noon, Roebuck Auctions of Florida will offer 233 condominiums and 8 townhomes at Island Reserve at public auction. At least 100 units will be sold “Absolute” Regardless of price!
This impressive development is situated on roughly 20 acres at 8700 Front Beach Road in Panama City Beach, FL. In the heart of development, sits the second largest pool in Bay County, FL. This colossal lagoon style pool is complete with waterfalls, a zero entry area and lap lanes for exercise. In the pool area, you will also find a hot tub and an interactive fountain. Adjacent to the pool is the equally impressive clubhouse that houses an indoor basketball, volleyball and aerobic court, a billiard & game room, a media center with 100” theater screen, business center, and a state-of-the-art fitness facility.
On each end of the complex, you will find a parking garage that offers direct access to each floor of the seven condominium buildings. Each building contains a mix of 1, 2 and 3 bedroom units. Each condo is finished with luxurious features like bamboo floors, gourmet kitchens with granite countertops, terra stone tiles, 10’ ceilings, crown molding and stylish lighting. The beautiful Emerald Coast inspired the exterior colors that seamlessly flow into the lush landscaped courtyards between the buildings.
Panama City Beach is known as “The Beach Lovers Beach,” and is world renowned for its sugar-white sand beaches and clear, emerald waters of the Gulf of Mexico and St. Andrews Bay. In fact, Panama City Beach boasts over 27 miles of award-winning beaches and has been recognized by the Travel Channel, Southern Living Magazine and Dr. Beach as a top US beach destination.
With an average annual temperature of 78 degrees and 320 days of sunshine a year, there’s plenty of time to enjoy the beaches as well as the many other outdoor activities and entertainment venues that have made Panama City Beach a popular vacation escape for more than 40 years. The area’s newest attraction is Pier Park, an approximately 1.1 million square foot open-air regional lifestyle center that brings unique shopping, tourist attractions and dining to the Panama City Beach area. Located on Front Beach Road, Pier Park is ideally located to serve the area’s growing residential community and over 7 million tourists that visit each year. The area is also a favorite destination for golfers, boating enthusiasts and those that simply enjoy the many outdoor activities that the area offers.
ISLAND RESERVE RESORT AMENITIES:
Open Daily From 9am-4pm CST
If you are a Broker and wish to represent a client at this Auction, please click the link below and fill out the Broker Participation Form in its entirety. If you have any questions, please contact Don Williams at 866.723.6013 (toll-free) or 850.654.6000.
Financing will be available through IBC Bank, Click Here for More Details
Contact Lahoma Dade for more information:
(800) 868-8998 ext. 23965
The following are Terms and Conditions of the Auctions. Please review and if there is any item that you do not understand, please see one of our Auction staff members.
In order to bid at the auction, you must pre-register by Thursday, May 14. Stop by the main office at Island Reserve to pick up a registration form or call us at 850-654-6000. To complete the registration process, you must bring a cashier’s check made payable to yourself in the amount of $10,000 to the auction. NOTE: You will need to bring a cashier’s check for each unit for which you intend to bid.
100 units will be sold Absolute- Regardless of Price! The remainder will be sold subject to the seller confirming the sale. The seller will be available at the auction to approve bids.
Auction Day: If you pre-registered for the auction, you can pick up your bidder’s information package and paddle number the day of the auction from 9:00 am to 11:00 am.
A 10% Buyer’s Premium will be added to your bid to determine the total purchase price.
The high bidder(s) will pay a ten percent (10%) deposit, your cashier’s check will be part of your bid deposit, and sign the sales contract today. The contract form is in your bidder’s package for you to review beforehand. The closing will be within the next 30 days.
Online Bidding: For those who cannot attend the auction in person, online bidding will be provided. Anyone wishing to bid online, must register as an online bidder with their $10,000 deposit no later than Tuesday, May 12. A twelve percent (12%) buyer’s premium will be added to the high bids to determine the total purchase price.
Title insurance is available at the expense of the Purchaser. Taxes will be prorated as of the closing date, and the buyer will pay all closing costs.
All property is being sold today “As Is / Where Is”. The only guarantee from the seller is a valid, good and marketable title to the property. Neither the seller nor Roebuck Auctions or any of its employees are giving any warranties other than the seller’s title warranty. The property is being sold subject to all easements, covenants, conditions, zoning, and any other existing matters.
Roebuck Auctions is acting exclusively for the seller as auctioneer and broker.
No property will be sold with contingencies in the contract(s) including any financing contingency.
The information included herein is a summary of information available from a variety of sources including the seller, most of which have not been independently verified. This summary has been provided for the use of the prospective bidders at the public auction.
All information and opinions are supplied herein without any warranties or representations; either expressed or implied whatsoever from Roebuck Auctions, the sellers, or any of their respective representatives, agents, or employees.
NOTE: Building 4 will not have refrigerators or washer/dryer.
Video: Island Reserve Video
Video: Island Reserve Interiors
Drive West from Panama City or East from Destin/Walton County on US HWY 98, also known as Back Beach Road. Turn South on Allison Avenue. Signs noting route to the ZOO will identify Allison. Allison will T into Front Beach Road. Turn left and drive until you see the Island Resort Billboard on the left and the Presentation Center also on the left. You will be at the traffic light at Front Beach and Laurie. Turn left into the parking area. End at 8700 Front Beach Road, Panama City Beach, FL.