One of the veteran Brokers who frequently auctions commercial property with the FRE.com Auction platform has brought the bank-owned Panama City Beach RV Resort in Florida. The auction is currently open for bidding and is scheduled to end on October 13th when the auction reaches its Bid Deadline at 5:00 PM EDT. All of the auction details, photos and documents such as title reports, revenue reports, appraisals and more are posted on the auction webpage, but here is a brief overview of what this auction property has to offer.
The property consists of 5.33± Acres of level Seasonal Resort-Commercial zoned land improved with Sixty-Nine (69) RV Pad Sites. Of the Sixty-Nine (69) pad sites, fourteen (14) are ‘pull through’ sites which do not require the RV owner to back into the pad site. Additional improvements include an internal brick paved roadway, a two-story 5,528± SF common area building consisting of three condominium units, management office, laundry facility, fitness facility, and men’s and women’s restroom facilities. The site also contains a heated pool, as well as perimeter fencing with gated access. All utilities are underground and each site offers 50 and 30 amp electrical service along with water and sewer hookups.
The Seller has set an aggressive Minimum Bid of just $1,799,000 and fast approaching Bid Deadline of October 13th in efforts to make this a date certain for sale. They have also made all of the due diligence materials available for download on the auction webpage so you should check out the online auction at FRE.com today.
