Auction! Florida Oceanfront Estate Home

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A newly constructed 12,000 sf Florida oceanfront home will be auctioned March 12th, 2009 with No Reserve.

TImeless Oceanfront Estate Home

Barret Sailfish, a high-end residential development company, has decided to liquidate its ownership of a French inspired mansion that is situated in Sailfish Point, an exclusive community of Fortune 500 CEO's and other powerful business owners, that is located at the St. Lucie Inlet on the Atlantic Coast of the Treasure Coast of Florida.

The Treasure Coast is the region of southeast Florida just north of the Palm Beaches and derived its name from the Spanish galleon shipwrecks that frequently produced treasures to divers working salvage explorations on the treacherous reefs.

Sailfish Point residents enjoy the area's year round world class fishing, boating, golf and tennis, only minutes from the charming downtown area of Stuart. Known as the Sailfish Capital of the World, Stuart was also designated the Most Beautiful City of its size by the America in Bloom organization in 2008 and offers unique shopping, dining, painted murals, fountains, sculptures, riverside jazz concerts and street festivals galore.

The principals of Barret Sailfish have authorized the auction firm of Karlin Daniel & Associates to sell the property located at 1755 SE Sailfish Point Blvd in Stuart, Florida, at public auction on Thursday, March 12th at 4 p.m. The property will be auctioned with No Reserve, requiring the owner to accept the high bid irrespective of the amount.

This oceanfront home contains 12,000 square feet of living space (15,000 sf with the covered areas and (2) two car garages) and has all the features one would expect in the ultra high-end home market - multiple kitchens with Sub-Zero and Wolf appliances, six oceanfront bedrooms, an infinity pool overlooking the Atlantic Ocean, eight bathrooms, an elevator, a wine cellar, and a soaring staircase in the grand entry.

To qualify to bid the prospective bidder must display $50,000 in cash or a cashier's check and write a check with sufficient funds to pay the balance of a full 10% of the bid amount. The entire balance of the bid must be paid within 30 days of the auction date.

Direct any questions to the auctioneer, Karlin Daniel, at 800-329-0036, Ext 103.

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Karlin Daniel
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