Immediate Sale Ordered via Public Auction

12,800+ Sq Ft Luxury Gulf Front Penthouse

Details:

• 970 Cape Marco Drive, Marco Island, FL 34145
• The Belize at Marco Island, Unit 2504
• Total Unit Size:  12,837 Sq. Ft.
• Living Area: 9,280 Sq. Ft.
• 4 Bedrooms
• 5.55 Baths
• Private Elevator Foyer
• Separate Passenger and Service Elevator
• Magnificent Views from Expansive Windows
• 9'4" Ceilings
• Office
• Fireplace
• Sauna
• Oversized Terrace and Balconies
• Energy Saving Solar Tinted Windows
• Laminated Architectural Glass
• Fire Suppression System
• Central Air Conditioning
• Exclusive Rights to Pool Side Cabana
• Forced Warm Air Heat
• Indoor Parking for Two Vehicles

Kitchen:

• Granite Counter Tops
• Luxurious Siematic Custom Countertops
• Halogen Under-Cabinet Lighting
• General Electric Monogram Built-In Kitchen Appliances

Bathrooms:

• His and Her Master Bath Vanities with Dressing Table
• Marble Master Bath Vanity Tops, Shower, Tub Deck and Skirt
• Luxurious Siematic Custom Cabinetry
• Six Jetted Soaking Tub
• Dornbracht Fixtures
• Full Width and Height Mirrors Above Backsplashes
• Marble Vanity Tops, Shower and Tub Surround in all Secondary Bathrooms

Terrace & Balcony:

• 3,558 Sq. Ft.
• Spa Area
• Summer Kitchen
• Wet Bar

Building Amenities:

• 24 Hour Manned Front Desk
• Air Conditioned Storage Locker for Each Unit
• Grand Salon
• Social Room w/ Bar and Serving Pantry
• Library
• Billiards Room
• Board Room
• Fitness Center w/ Men's and Woman's Locker Room
• Mail Room
• (4) Large Guest Suites
• Landscaped Garden Deck
• Heated Swimming Pool w/ Whirlpool Spa
• Sun Deck w/ Pool Furniture and Umbrella
• Pool Pavilion w/ Barbecue Grills

Taxes and Dues:

• HOA Dues: $1,615 (Monthly)
• Real Estate Taxes: $56,774.54 (Annual)

Additional Information:

• Sold for $6.5 Million in 2004
• Bank Appraised for $7.1 Million in 2009
• $3,400,000 Minimum Bid
  

Viewings:  Daily, July 26th - July 30th from 9:00 am - 12:00 noon or by appointment.

Auction Date & Time:  Saturday, July 31st 11:00 am. Registration Begins at 10:30 am.

Auction Location:  The Auction will be Held on Location at 970 Cape Marco Drive, Marco Island, FL 34145.  Phone Bidding Available with Pre-Registration.

Terms & Conditions of Sale: Property will be sold Free & Clear of all Liens, Claims & Encumbrances.  

Buyer's Premium:  A seven percent (7%) Buyer's Premium will be added to the successful bidder's high bid to determine the contract price to be paid by the purchaser.

 
David R. Maltz, Auctioneer DCA# 762794
 Richard B. Maltz, Auctioneer DCA# 1240836
 Daniel F. Mahaney, Auctioneer License # AU3319
 Richard B. Maltz, Licensed New York Real Estate Broker
 Daniel F. Mahaney, Licensed Florida Real Estate Broker # BK3088842
Phone (516) 349-7022  Fax (516) 349-0105

This property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller, Auction Company or any of their Agents.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third party sources and has not been independently verified.  It is the responsibility of the Buyer and/or Buyer's Broker to determine the accuracy of all measurements and specifications of the property.    Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property, including without limitation, environmental and physical condition of the property.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction Sale.

Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.