Fisher Auction Company to handle Court Ordered Auction of 1.34± Acres on Prestigious Miami Beach, Florida

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Fisher Auction Company has been retained by the Special Magistrate to oversee the Court Ordered Auction of a 1.34± Acre Oceanfront Property located at 100 21st Street, Miami Beach, Florida.

Land Lease Auction - 100 21st Street, Miami Beach, Florida

"There are very few properties with this potential remaining in South Beach and its ideal location will certainly generate a number of potential bidders," said Lamar P. Fisher, President/CEO of Fisher Auction Company.

Fisher Auction Company has been retained by the Special Magistrate to oversee the Court Ordered Auction of a 1.34± Acre Oceanfront Property located at 100 21st Street, Miami Beach, Florida. Fisher Auction Company’s CEO/President Lamar P. Fisher, Executive Vice President Francis D. Santos and Senior Project Manager Doug Dennison are heading up the team.

The Auction includes the Fee Simple Interest in the 1.34± Acres of Land and a Ground Lease which includes the sub-landlord’s interest in the existing sublease, pursuant to which the sub-tenant is required to pay to sub-landlord a fixed annual rent of $35,000 / Year, expiring on April 29, 2049. The Sub-tenant’s interest in the Sublease with the Seagull Hotel is not included in the sale.

The property has 126± feet of Ocean Frontage on world famous Miami Beach and is across Collins Park from The W Hotel and adjacent to The Setai. The minimum starting bid is $8,000,000 with a pre-qualifying deposit of $5,000,000 due Wednesday, December 20, 2017 by 5:00 PM ET.

The Live Auction will be held Friday, December 22, 2017 at 10:00 AM ET at the Lawson E. Thomas Courthouse Center, 175 Northwest 1st Avenue, Miami, FL 33128. The Confidentiality Agreement and Property Information Package are available at http://www.fisherauction.com.

"There are very few properties with this potential remaining in South Beach and its ideal location will certainly generate a number of potential bidders," said Lamar P. Fisher, President/CEO of Fisher Auction Company.    

Fisher Auction Company has previously handled numerous high-profile auctions including the former Versace Mansion just down the street, numerous private islands and multi-million dollar mansions of business executives, celebrities and professional athletes.

About Fisher Auction Company
A family-owned business founded in 1967 with offices in Pompano Beach, Fla., Fisher Auction Company is comprised of highly trained and skilled individuals with backgrounds in auctioneering, real estate, development, finance, accounting, law, appraising, banking, sales and marketing. The firm is dedicated to a superior code of ethics with the highest degree of professionalism whose reputation has and continues to be built on handling one successful auction at a time.

For media information: Patricia McGrath, Fisher Auction Company, 754.220.4122

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Patricia McGrath
Fisher Auction Company
+1 (954) 942-0917 Ext: 4122
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