Yet Another Auction

November 18, 2007

by: Lucas Lechuga

I wanted to make everyone aware of another auction that will be held December 15, 2007 at the Miami Beach Convention Center in South Beach. I’ve perused the list of condos to be auctioned and it looks like there are some quality condos on the list. Below you will find some of the condos that will be auctioned:

Contact me if you’d like more information about this auction so I can register you. There’s a 5 percent buyer’s premium and a $5,000 cashier’s check is required the day of the auction. The balance of 5 percent of the total price will be due the day of the auction if you are the highest bidder.  Inspections must be conducted prior to bidding.

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14 responses to “Yet Another Auction”

  1. Lucas Lechuga says:
    November 18, 2007 at 7:36 pm

    The information that I found did not disclose if these condos will be sold absolute. I doubt it though because they would have disclosed that right away if they were.

  2. Mauricio says:
    November 19, 2007 at 11:22 am

    What is the name of the auction company? How can we get more details about this?

  3. Chris says:
    November 19, 2007 at 10:26 am

    Any guess/ idea what the unit at NeoLofts should go for?

  4. Lucas Lechuga says:
    November 19, 2007 at 5:57 pm

    Chris,

    I’m guessing the low to mid $200Ks.

  5. alex says:
    November 20, 2007 at 12:40 pm

    Anyone know what happened at the Breakwater Edison Hotel auction last night???

  6. Fernando says:
    November 20, 2007 at 3:13 pm

    Lucas i was wondering how much you think the 3 bedroom at the vue is going to go for????????

  7. Lucas Lechuga says:
    November 22, 2007 at 2:08 am

    Fernando,

    There’s currently a 3 bedroom short-sale at Vue at Brickell listed for $423,500. It hasn’t moved. I think the 3 bedroom up for auction will go for around $355,000.

  8. Esteban says:
    November 23, 2007 at 8:49 pm

    How can we register for the auction? Is there a deadline? How about inspecting the units?

  9. Tara says:
    November 28, 2007 at 4:36 pm

    Hi Lucas,

    Great site..I am new to the auction thing. Do you know if you can just attend to check things out? Or is the 5k mandatory to attend?

    Thanks

  10. Lucas Lechuga says:
    November 28, 2007 at 8:46 pm

    Thanks Tara,

    You can attend to just check things out.

  11. Tara says:
    November 30, 2007 at 2:16 pm

    Okay great. Can you register me plus 2.

  12. pam says:
    December 5, 2007 at 11:18 pm

    need to register just to check things out. please e-mail me the details of registering.

  13. marc lewin says:
    December 10, 2007 at 4:27 pm

    where can i register? or can i just show up if i am a realtor?

    what is the time for the auction this saturday?

    i looked on miami beach convention center website and there is nothing posted about a real estate auction going on this saturday

    thanks
    marc

  14. Raffi Anac says:
    December 11, 2007 at 4:07 pm

    I would like to be registered just to go check out the auction. can you please send me all the info. including time, etc. Thank you

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