Homeowner Raffles Off $3 Million Waterfront Estate for $30

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Fort Lauderdale couple raffle off their beautiful $3 million waterfront property due to the economic crisis and a portion of the proceeds go to a local charity.

Due to the turmoil in the real estate market, a Florida couple is raffling off their luxury home in Fort Lauderdale for only $30 a ticket. After the drawing is held, the deed and title to the home will be transferred to the lucky winner (with no mortgage), and a portion of the proceeds raised will go to benefit a local charity. There is also a cash option ($1.5 Million) for those who don't want the house.

Moving from their dream home is something the Brannans never thought would happen, but the economic crisis has caused them to make many tough decisions. They came to the conclusion that raffling off their 6,000 sq. ft. home was the only reasonable solution.

In addition to offering people an opportunity to win a luxury home for just $30, the couple states that a portion of the proceeds from the drawing will benefit The Mission of St. Francis, a charitable organization in Ft. Lauderdale. According to Miles Brannan, "The Mission of St. Francis is a wonderful organization that helps individuals suffering from addictions by providing them housing and helping them find jobs to get back on their feet. We've all been hit hard by the poor economy lately, and I feel The Mission is really making a difference in people's lives. So a portion of the proceeds will go to the Mission to aid in their efforts."

The Florida home's spacious open floor plan includes 6 bedrooms and 6.5 baths. The master suite is 1,000 square feet and has a second story balcony overlooking the waterway. The estate also has a theater room with a 120" screen, 4 car garage, and beautiful winding staircase. Information on other amenities and photos can be found at http://www.floridaluxuryauctions.com.

Only 300,000 tickets will be sold for this raffle, and the drawing will take place once all tickets have been sold. Once the drawing has taken place the winner will be notified within 24 hours by phone, e-mail or certified mail. Winners do not need to be present to win. For additional information please visit http://www.floridaluxuryauctions.com.

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