Luxury Gulf-front Home to Sell On-Site at Auction June 7

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Both Live and Real-time Online bidding will determine the buyer of a 6,111 square foot gulf front estate home that has incredible rental history with income for 2006 over $233,000 and over $244,000 for 2007 and strong bookings for 2008.

2968 Scenic HWY 98 Destin, FL 32541

Investors will appreciate the incredible rental history

Roebuck Auctions (http://www.RoebuckAuctions.com) will conduct the auction of a luxury gulf-front home in Destin, Florida, on Saturday, June 7, at 11:07 a.m. (CST), according to Scott Etter, project manager.

"This magnificent gulf front estate will leave you breathless with some of the most spectacular water views of Florida's pristine beaches and emerald clear surf," said Etter. "You can walk down the private walkway to the beach right off the first floor deck and relax on the sugar white sand."

The home is built for outdoor entertaining with over 1,750 square feet of decks and balconies, boasting a pool, Jacuzzi, and two rooftop gazebos.

Etter added, "No details were overlooked with exceptional craftsmanship featuring extra high baseboards, crown molding throughout, pediment style door and window trim, granite counter tops, gourmet kitchen, two beautiful wainscoting ceilings, tasteful flooring and designer colors and furnishings in every room."

With a private quarters above the two-car garage giving this home a total of seven bedrooms and six bathrooms this property will accommodates up to 24 guests.

"Investors will appreciate the incredible rental history," said Etter, "with income for 2006 over $233,000 and over $244,000 for 2007 and strong bookings for 2008."

The auction will be held on-site. Both live and online bidding will be offered. Arrangements can also be made to bid via phone if necessary. Bidders are encouraged to attend one of the scheduled open houses, June 1 through 6, to inspect the property. Brokers who wish to represent a client at this auction should file a Broker Participation. For more information on broker co-op, contact Bruce Griffy at 866.723.6013 (toll-free) or 850.654.6000.

Located along the panhandle in Northwest Florida, the Destin area has something for everyone. To name a few of the area's recent national recognitions, Business Week magazine listed Destin as one of the 18 best new golf places in the country to retire, Southern Accents magazine's readers named Destin the number two beach destination and the number eight golf destination in its second annual Great Escapes Reader Travel Awards, and the Milken Institute listed the area as its top Best Performing City in 2005 for small metros.

For more information, visit http://www.RoebuckAuctions.com or call 866-723-1419.

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