Just in Time for Summer: Max Spann to Auction 53 Jersey Shore Condos at Two May Auctions
WILDWOOD, NJ – April 28, 2010 – (RealEstateRama) — Beachfront or Bayside? Take your pick as 53 condominiums go on the auction block in the Wildwoods next month with minimum bids starting at just $55,000.
Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled two auctions for 1 p.m. on Sunday, May 16 and Sunday, May 23 at the Seaview, A Dolce Hotel, 401 S. New York Road, Absecon, NJ.
“These two auctions are a great opportunity for a family to purchase either a bayside or oceanfront condominium in the Wildwoods at an affordable price,” said Bob Dann, executive vice president of operations for the auction company. “I urge anyone who wants to enjoy the summer in one of New Jersey’s favorite family resorts to come to one of our open houses.”
The May 16 auction is for 25 beachfront units in Nassau Inn on the Beach, 6201 Ocean Ave., Wildwood Crest. Preview dates are Sunday, May 2 and Saturday, May 8 from noon to 2 p.m. Minimum bidding starts at $55,000 for units with original asking prices of $240,000 and $75,000 on units with original asking prices of $250,000.
The fully-furnished one-bedroom units offer ocean views and well-appointed kitchens. The units range in size from 403- to 544-square feet. The Nassau Inn features resort living with laundry facilities, a BBQ area, a heated swimming pool, a kiddie pool and a game room. Golf and tennis courts are nearby and coffee shops and restaurants are within walking distance.
The May 23 auction is for 28 units in Marina Bay, at Rio Grande and Susquehanna avenues, Wildwood. Preview dates are from 3 to 5 p.m. on Sunday, May 2, Saturday, May 8 and Saturday, May 15. Minimum bidding starts at $95,000 on units with previous asking prices of $700,000.
The newly-constructed Marina Bay is located at the entryway to Wildwood, across the street from the world-famous marina. It is located just minutes from the beach, restaurants and Wildwood’s legendary boardwalk and nightlife.
The 1,560-square-foot, Energy Star units feature three-bedrooms and two full baths with 9-foot tray ceilings. They have large kitchens with complete with stainless steel appliances, granite countertops, 42” cabinetry. The units feature open floor plans with a great room, a breakfast peninsula and private balcony. Each unit also has a large utility room with a washer and dryer and two pantry closets with plenty of storage. The units have ceramic tiling, hardwood floors and Pella windows and doors.
Marina Bay has a 2,300-square-foot heated pool, a pool house complete with full bathrooms and an outdoor shower, and storage rooms perfect for bikes, fishing gear and boogie boards. Two oversized parking spots are assigned to each unit.
“This condominium is the perfect home base for a family vacation or a weekend escape,” Dann said. “Imagine enjoying stunning sunsets over the bay with your friends and family or cooling off in the picturesque pool. It’s all possible at an affordable price.”
Dann said the economy has created unique opportunity, as Jersey Shore property is being auctioned at prices that are affordable to a larger group of prospective buyers.
“In this economy, real estate auctions are becoming an increasingly popular way to sell property,” Dann said. “It’s the best way to sell a large number of properties within hours. It’s also a great way for people to own a home of their dreams.”
For more information about the auction, call 888-299-1438 for the property information package. Preview the property at one of the open houses, attend the auction and bid. Online bidding will also be made available at www.maxspann.com. For more information about this and future auctions, visit maxspann.com, become a Max Spann fan on Facebook.com/MaxSpann and follow the auctioneer on Twitter.com/MaxSpann.
