Couple Chooses Auction Method to Sell Lakefront Florida Panhandle Home in Turbulent Real Estate Market

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Abal Auction Real Estate set to auction 3 bedroom, 3.5 bath lakefront home on 5.11 acres on Thursday, October 16, 2008.

Abal Auction Real Estate ( announces the auction of a lakefront Florida panhandle home on October 16, 2008 according to Dr. Joe Abal, auctioneer and broker.

"What to do when your property is on its third traditional listing and hasn't sold in two years?" asked Abal. "We are finding that more and more homeowners are turning to the proven method of auction marketing." Abal explained, "We received a phone call from the homeowner who told us her daughter in California had checked us out on the Internet and liked what she saw."

Already known for their online bidding platform for real estate, the Abal Auction team saw the challenge to sell at auction a family home estate that dates back to 1972 when it was constructed.

Abal said that the current owners retired to Altha, where they purchased this property and completely redid the house inside and out. The property features a dock and boat access to beautiful White Pond Lake (formerly Lake Kathryn). White Pond Lake is a private lake governed by County ordinance prohibiting gas engines.

"This is a pristine, country property," added Abal. "When I shot the video I actually stopped talking on the video, man was it quiet, just the birds," added Abal.

The house was built with family entertainment in mind and has a great family entertainment recreation room. The home has three bedrooms and three and half baths, including an attached private guest quarters with it's own private entrance.

Abal commented, "This is a great house built with a concrete block and it is solid. A new owner is going to get some type of wind force insurance discount with this construction."

The home is only a 50-minute drive from the new Panama City airport and only 15 minutes from downtown Marianna - just one hour from the State Capitol in Tallahassee.

The auction is being bid online now at, with a live event occurring October 16, 2008, at 11:00 a.m. central. To download a complete digital Property Information Package visit the website. Financing information is also available in the lender section of the website. The property is offered by Seller Confirmation with a 10 percent buyer's premium.

For information, visit or call the auctioneer at (850) 510-2501.

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Dr. Joe Abal

Tammy Moore
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