“This island is unique in that it has a modest $50,000 minimum bid price, yet is adjacent to vacant half-acre marsh-front lots in the Queens Harbor Development which can command up to 1 million dollars per lot,” Fisher said.
Jacksonville, FL (PRWEB) October 16, 2012
Lamar Fisher, CEO of Fisher Auction Company reports that the company is to sell its third island in an online auction scheduled for November 5th thru November 8th.
"Our company has quickly become the expert on selling private islands," said Fisher, “This island is unique in that it has a modest $50,000 minimum bid price, yet it is adjacent to vacant half-acre marsh-front lots in the Queens Harbor Development which can command up to 1 million dollars per lot.”
Located in Jacksonville, Florida on Greenfield Creek just south of the St. Johns River, Brown’s Island offers 360 degree views of the surrounding wetlands, St. Johns River and the Intracoastal Waterway, “This property has previously been permitted for septic and well and is ideal for a private weekend getaway; camping, fishing, boating and bird watching,” said Fisher. This is a rare opportunity to own your own private island in the River City.
According to the seller, Brown’s Island is comprised of 5.07 acres of private property with .80 acre of uplands and 4.27 acres of wetlands (See Formal Wetland / Upland Determination). Brown’s Island is surrounded on three sides by approximately 70+- acres of marshlands. All and/or a portion of these marshlands, above the mean high water line (MHWL), will be thrown in free of charge, as a bonus, to the winner of Brown’s Island. These marshlands could be instrumental in the negotiations for filling of either the wetlands on Brown’s Island and/or possibly as mitigation for filling other valuable commercial or private property containing wetlands within the Jacksonville, Florida area.
The winner of Brown’s Island will accept it “AS IS WHERE IS” but will receive the official MHWL Survey, Formal Wetland / Upland Determination from the St Johns Water Management District, as well as, other associated documents. Of course, the winner will be guaranteed clear title for Brown’s Island via Title Insurance.
The Online bidding will take place at http://www.fisherauction.com and the website has online bidder requirements and information on the site to qualify to bid.
Broker participation is encouraged and a 3% commission is offered if a broker’s prospect successfully wins the bid and closes on the Property. Due diligence materials are available by calling Fisher at 954.942.0917 or visiting the website at http://www.fisherauction.com.
Headquartered in Pompano Beach, Florida, Fisher Auction Company is the premier real estate auction leader, serving the nation since 1972 and servicing a wide variety of, assets for lenders, servicers, receivers, bankruptcy court trustees, and government agencies with a focus on commercial and residential real estate of all types.