The opening bid price for the townhomes have been set at $115,000 plus 10% for the auctioneer ($126,500). These townhomes originally sold for $260,000 and $270,000, and most recently listed at $172,500 and $178,500 depending on the features. The two best units are # 62 which has granite counters and tile floors, and # 57 which is an end unit. The monthly fee is $125.
The opening bid price for the 2 bd/2ba condos has also been set at $115,000 plus 10% for the auctioneer. These units originally sold for between $279,900 to $340,000, and most recently listed between $235,000 to $260,000. The nicest unit here is #315. The monthly fee is $268.95.
The opening bid price for the 3bd/3ba condos have been st at $165,000 plus 10% for the auctioneer (181,500). These originally sold for as much as $460878, most recently listed at $375,000. The 2 nicest units are 428 and 333. the monthly fee is $352 or $366.
The 4bd/3.5ba units have an opening bid price of $185,000 plus 10% for the auctioneer (203,500). these units sold for between $475,900 to $553,900, and most recently listed for $390,000 to $435,000. By far the nicest unit in the building is #418. The monthly fee is $410.
If you are looking to join in on the auction make sure you preregister with me by sending me an E-mail. You will also need a cashiers check payable to yourself for $10,000 on the day of the auction.
As I said in my last posting, buyer's have the potential to grab some great deals on these townhomes and condo units, however the best deals in Venetian Bay are at the Villas of Savannah Point.
Visit one of my websites at http://selldaytona.com/ or http://www.venetianbay.org/
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