$11.9 Million Captiva Island Lot Up for Auction

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Coldwell Banker Residential Real Estate’s Alex Nicodemi Selected to Market 2.5 Acre Gulf-to-Bay Captiva Property for Auction

Fort Myers, FL (February 19, 2014) — The seller of 16151 Captiva Drive have appointed   Coldwell Banker Residential Real Estate sales associate, Alex Nicodemi, of the company’s Fort Myer’s Beach office, to facilitate the auction of a 2.5 acre, gulf to bay lot on Captiva Island. The auction will be handled in conjunction with the Premiere Estates Auction Company.

Zoned for ten residential units, the property features approximately 106-feet of Gulf waterfront and 110-feet of waterfront on the Bay beach directly on the Gulf of Mexico, a new seawall, a grandfathered concrete boat ramp and an oversized observation/fishing deck. Captiva Island has been voted as one of the Top Ten Beaches in Florida by The Travel Channel and in 2010 was named as one of the 10 Best Places for Second Homes by The Wall Street Journal.

“This lot is a very rare find and is the last gulf to bay property of this size available for development on Captiva Island. Therefore, this property, due to its size and desirable location will draw significant attention from prospective buyers from across the country,” said Nicodemi. “There is no opening bid on the property. The estate was previously priced at over $11.9 million, and now the buyers will determine its value.”

Nicodemi is handling the marketing and promotion of the property through Coldwell Banker Residential Real Estate’s marketing outreach programs that reach more than 16 million buyers on more than 575 high-traffic websites every single day.

The closed bid auction will be held on Thursday, March 27. Registered bidders must submit the sealed bid on or before March 26 by 5 p.m.  EST. Premiere is instituting an early bid offer program, among which if an offer is provided prior to the auction that is acceptable to the seller, the seller has the right to accept the offer and cancel the auction.

To register for the Auction, visit www.PremierEstates.com  or call 310-698-3625 ext. 212.

About Coldwell Banker Residential Real Estate

Coldwell Banker Residential Real Estate is a leading full-service residential real estate company with more than 80 offices and 4,900 sales associates serving the communities of Central Florida, Palm Beach, Southeast Florida, Southwest Florida and Tampa Bay. Worldwide, the Coldwell Banker network includes 3,100 offices with over 82,000 sales associates spanning more than 50 countries.  Every day, Coldwell Banker Residential Real Estate properties are exposed to 16 million buyers on more than 575 high-traffic websites. For more information or to view local listings, visit FloridaMoves.com.  To learn more about a career in real estate with Coldwell Banker, visit JoinCBToday.com. Coldwell Banker Residential Real Estate is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage company.

 

About Premiere Estates Auction Company

Premiere Estates Auction Company is the national leader in luxury accelerated marketing and real estate auctions, with over $1 Billion in sales and 75 years of combined experience in the marketing and auctioneering of major real estate assets. Using Premiere Estates’ World Bid Auction Platform, we partner with real estate agents and home sellers nationwide to market their properties to a global audience, producing qualified buyers and a quick, success sale on the day they choose. Based in Manhattan Beach, CA, Premiere Estates offers a full range of traditional and web-based sales, marketing and auction services. This includes massive global, all-media marketing and advertising campaigns, as well as promotion, management, from inception to completion [of the tasteful and exhilarating event itself], culminating in auctioneering outcry services.

 

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