Details
Located on the prestigious BAYSHORE BOULEVARD, this lot is ready for your dream home & our motivated seller has chosen an auction to get the deal DONE.
This INCREDIBLE INVESTMENT PROPERTY sits on a 90 x155 lot and features a fantastic in ground pool. The beautiful & spacious yard is just begging for you to build your custom home. Located close to the Ballast Point Pier, Macdill Air Force Base, Tampa International Airport, Downtown & YBOR City as well as several amazing shops and restaurants, the his is one of the very last buildable lots on the exclusive Bayshore Boulevard. Don't miss the opportunity to make it YOURS!
See you on June 28th!
Terms
Terms & Conditions
1. BIDDER REGISTRATION - ONSITE: The auction is open to the public and your attendance is welcomed. To register for the auction, you must display a cashier’s check (made payable to EP&C Auctions) in the amount of $30,000.00 in order to bid. Upon being declared the top bidder, the cashier’s check will be applied as a partial deposit and the deposit must be increased to ten percent (10%) of the total contract price of the property due immediately upon signing the contract in the form of a personal check. Please come prepared to participate in the auction.
2. ONLINE/APP BIDDING: A credit card authorization of $1,000.00 to bid is required when registering online. Successful online high bidder will be required wire transfer the deposit equal to 10% of the total contract price and return the signed Real Estate Purchase Agreement withing 24 hours. Successful bidders not executing and returning their contract with the 10% required deposit within the above stated timeframe following the conclusion of the auction will be considered in default and the $1,000.00 credit card authorization will not be refunded. Purchaser is responsible for all wire transfers, instructions will be sent.
EP&C AUCTIONS is providing internet pre-auction and live bidding as a service to the Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of auction. Under no circumstances shall Bidder have any kind of claim against EP&C AUCTIONS or anyone else if the internet service fails to work correctly before or during the live auction. EP&C AUCTIONS will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the “max-bid” feature and leave their maximum bid 24 hours before the auction begins.
3. PROPERTY INSPECTIONS: All bidders are encouraged to personally inspect the real estate being offered. The property will be sold in “AS-IS” condition. The buyer will be responsible for all closing costs including, but not limited to documentary stamps, title insurance and all other closing costs. Real Estate taxes 2025 shall be the responsibility of the buyer. No representation is made with respect to suitability for any intended purpose or use. Please inspect the property and records prior to making any bids.
4. CONTRACT FOR SALE OF REAL PROPERTY: The property is offered under the specific terms provided in the contract known as the Real Estate Purchase Agreement. The Real Estate Purchase Agreement is available at bid.elliotpaul.com in the Bidders Information Package for this auction. Please read and review the agreement thoroughly prior to bidding on the property. If you have not read and reviewed the Real Estate Purchase Agreement, Please Do Not Bid! EP&C Auctions has the sole authority to resolve any bidding disputes as they may arise.
Auction End Times: All EP&C Auctions Online Real Estate Auctions are timed events and subject to extended bidding due to bidding activity. EP&C Auctions reserves the right to adjust the auto extension time period.
Example: EP&C Auctions Online Only Real Estate Auctions have a “Dynamic Close” auto extend feature. A bid placed within 5 minutes of the advertised auction end time will automatically extend the auction and reset the timing remaining in the auction to 5 minutes remaining. Example: If an auction scheduled to end at 2:00 p.m. receives a bid at 1:59 p.m., the “Dynamic Close” auction extension is activated, and the close time of the auction automatically extends to 2:04 p.m. The “Dynamic Close” auto-extend feature remains active until no further bids are received on any of the properties in the entire bidding group of properties within the auto extend time frame at which time the auction will close.
5. FORM OF AUCTION: Please be advised that the auctioneer shall offer the property subject to sellers confirmation. The seller is very motivated.
6. BROKER PARTICIPATION INVITED: Any licensed real estate broker is eligible to earn commission equal to twenty percent (20%) of the net commission provided their clients have been preregistered with the office of the auctioneer.
a) The prospect must be registered in writing with EP&C Auctions and counter signed by the broker/salesperson. The registration must be received 24 hours prior to the auction by email.
b) The broker/salesperson MUST attend the auction with their prospect and register at the auction site.
c) Broker/salesperson acting as principals are excluded from receiving commission.
d) Broker/salesperson must be procuring cause.
e) Commission will be paid at the successful closing.
7. CONDUCT OF AUCTION: The method and order of sale shall be at the sole discretion of the auctioneer. The auctioneer may change or modify the Terms and Conditions of this auction by announcement at the podium. Any such announcement shall take precedence over printed material or oral statements made. Bids will be accepted ONLY from bidders who have duly registered in accordance with the Terms and Conditions of sale onsite and online should the auction be simulcast live. Bidders arriving at the auction site without the required deposit may not be permitted to participate in the auction. The auctioneer’s decision relative to bidding increments, order of sale and any disputes between bidders will be final. The auctioneer shall have the right to cancel or withdraw the property at its sole discretion.
8. BUYERS PREMIUM: A ten percent (10%) buyer’s premium will be added to the high bid made and taken and included in the contract price.
9. Bidder Verification: The identity of all bidders will be verified, and bidding privileges are provisional. If complete verification is not possible, EP&C Auctions reserves the right reject the registration, and bidding activity is subject to termination.
At the close of the auction, the successful bidder will be emailed the contract package to execute and return to EP&C Auctions. The successful bidder will deposit 10% of the total contract price (the 10% buyer’s premium and earnest money) in the form of cashier's check or bank wire transfer with EP&C Auctions within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Real Estate Purchase Agreement”. Purchaser shall be responsible for all wire transfer fees.
Buyer's Premium: A 10% Buyer’s Premium will be added to the bid price to determine the final contract price.
10% Buyer's Premium Example:
Bid Price: $100,000.00
Plus 10% Buyer's Premium: $10,000.00
Total Contract Price: $110,000.00
10. Contracts: Contract Packages will be sent by e-mail to the successful high bidder at the conclusion of the auction. The successful high bidder must execute and return the package back to EP&C Auctions along with the required earnest money deposit within 24 hours of receipt. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable.
Auction Administrative Fee: In the event a winning bidder fails to submit the signed “Real Estate Purchase Agreement " and the earnest money deposit as provided in the pre-stipulated Auction Terms, the winning bidder will be charged an administrative fee of $2,500.00 on the credit card provided at auction registration. Additional default remedies are reserved by Seller and EP&C Auctions and the as provided in the Auction Terms & Conditions and the "Real Estate Purchase Agreement". All administrative fees are non-refundable.
11. Closing: Time being of the essence, the sale shall be closed on or before July 27, 2025. The purchaser will pay for all closing costs associated with the transaction. Please refer to the Real Estate Purchase Agreement, as it is the document that governs the sale.
12. Agency Disclosure: In all transactions, EP&C Auctions is acting as agent for the seller, not as buyer's agent. EP&C Auctions reserves the right to remove or cancel the bids and or bidding rights and privileges of any party, deemed not to be in the best interest of the seller, at any time.
13. Disclaimer: All information contained herein is believed to be correct to the best of the
auctioneer's knowledge. The information is being furnished to the bidder for the bidder's convenience, and it is the responsibility of the bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the bidder’s risk.
Bidder must conduct and rely solely upon their own investigations and inspections. The
property is being sold "AS IS" with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding.
THANK YOU FOR PARTICIPATING IN OUR AUCTION!
