|   Bidder Registration
Thursday, March 30, 2023   
72 Helen Ln, Fort Myers Beach, Gulf Access Fixer Upper
Watch this Listing
Listing ID: 120745 
Status: Ended
72 Emily Lane ~ Fort Myers Beach, FL Condo/Townhome/Coop/Villa | Waterfront
Current Bid: $175,000 
Number of Bids: 1 Bid History
High Bidder: Ryan
Bidding Opens: Dec 14, 2022 7:50 AM
Bidding Ends: Jan 27, 2023 5:01 PM  (Central)
Starting Bid: $175,000
Contact: Kenneth Tribble
See Terms Below for Bidding Instructions
Contact Info Address Info Property Info Pictures Description Bidding History Questions Terms

Contact Information
Contact Type: Listing Realtor
Contact Name: Kenneth Tribble
Agency Name: SW Florida Real Estate Experts
Contact Phone: 239-229-4770
Showings: Call for Appointment

Address Information
Street Address: 72 Emily Lane
City: Fort Myers Beach
County: Lee County
State/Province: FL
Postal/ZIP Code: 33931
Country: United States
Click for Expanded Google Map / Directions 

Property Information
Property Type: Condo/Townhome/Coop/Villa
Category: Waterfront
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 0
Square Footage: 1,080 (Approximate)
Lot Size: 2,744 SF
Basement: No Basement
Parking: Parking Pad
Year Built: 2005
Taxes: $4,353
MLS/FMLS ID: 22287780

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This is an online auction. Contact listing broker below for additional info. Minimum bid is $175,000. Cash only please. 

An owner/builder permit has been issued that is transferable to the new owner. That allows the new owner to save by doing much of the work themselves. This 2/2 home was built in 2005 and was damaged by Hurricane Ian. Some drywall and insulation have been removed. Some cabinets remain but vanities and appliances are gone. Damaged subfloor has been replaced, but new flooring is required. Needs AC. Roof and structure appear to be in good condition.
The beach is a short walk away at Fort Myers Beach. Walk to Key West! The Key West Express terminal is located just up the street. It departs every morning and returns every evening. The patio out back needs a rebuild and so does the dock. This is a canal, waterfront property, great for small boating. There's plenty of room for parking. Pets are allowed, and so are 7 day rentals, up to 52 times a year. This would make a great investment property.
 Emily Lane is not age restricted. Please review term of this auction before bidding.
Kenneth Tribble, Realtor, CPA
SW Florida Real Estate Experts


File NameDescriptionFile Size
ATT001_Buyer Agent Instructions.pdf Buyer Agent Instructions 12 KB

Bidding History
BidderBid AmountBid TimestampAuto-Bid
Ryan$175,000 Fri - Jan 27, 2023 04:59:35 PM

----- No Questions -----

1. This Auction is considered to be held in the state of Florida and Florida law shall apply.
2. SW Florida Real Estate Experts is the Real Estate Broker conducting this auction and operates as a Transaction Broker in the state of Florida. 
3. You must be of legal age to to bid on this auction and enter into a contract to purchase real estate. If you're in doubt about the legal age to enter into a contract, please consult with competent legal counsel before bidding.
4. All bids are placed in US Dollars.
5. Highest bid is subject to seller approval.
6. Seller reserves the right to postpone or cancel this auction at any time for any reason.
7. If a previous bidder is out bid by a current bidder, the previous bidder(s) will receive an email notice to allow an increase in their bid, if they so desire.
8. All bidding will be open and all bidders will have access to the bid history during the auction.
9. As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes.
10. All bids are irrevocable by the bidder. This property will be sold to the highest bidder subject to seller confirmation.
11. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
12. The high bidder will be notified via email after the auction ends.
13. This is a cash sale and not contingent upon financing.
14. A Buyer premium may be displayed of an auction property.
15. Each bidder acknowledges it is their responsibility to inspect the property prior to placing a bid in order to determine its suitability for their intended use. No inspection contingency will be considered in any Purchase Agreement for the auction property.  Sale is “as-is”, "where-is". Seller will not fix anything
16. Real Estate Broker shall immediately contact the winning bidder upon conclusion of the auction. The winning bidder then becomes the Buyer and if no Buyer Agent has previously registered the Buyer, the Real Estate Broker shall become the Buyer agent. Upon such notification, Buyer agrees to promptly enter into a standard Florida Residential Real Estate As Is Purchase Agreement, to include the following terms. A good faith deposit equal to 10% of the Purchase Price shall be electronicaly delivered to the Florida licensed escrow agent of Seller's choice, within 3 days from the effective date of the Purchase Agreement, and shall be applied towards the Purchase Price paid at closing. Buyer agrees to provide Proof of Funds acceptable to seller. The balance of the purchase price shall be paid at closing within 30 days from the effective date of the Purchase Agreement. Buyer shall be responsible for any expense related to financing the purchase. Seller shall be responsibe for the payment of deed recordation fees, title insurance and the cost of a title search related to the purchase of the property. All costs that relate to time periods such as real estate taxes, condo fees, assessments shall be be prorated as of the day of closing.
17. Buyer Agent and Referral Agent participation is invited. A Buyer Agent shall be a Florida licensed real estate agent who has registered their customer, in writing, on a form approved by Real Estate Broker prior to customer's initial auction registration. At closing, the Buyer Agent shall be paid the amount offered in MLS as the Buyer Agent/Transaction Broker Compensation and The Real Estate Broker shall be paid the Buyer Premium collected from the Buyer at closing.  A Referral Fee will be paid to licensed real estate agents equal to 25% of the Buyer Brokercompensation offered in MLS provided referring agent has registered their customer as describe above.
18. A registration file of all bidders will be maintained by Real Estate Broker. No Broker will be recognized on a bidder that has previously registered on this auction site, or contacted or has been contacted by the Seller or their agents. No compensation will be paid to any Broker or agent who is acting on their own behalf, on the behalf of another agent, or on behalf of a member of their immediate family, or who is a partner, stockholder, or principal of entity purchasing the property. Compensation will only be paid upon closing. There can be NO EXCEPTIONS to this policy and no oral registrations will be accepted.
Buyer Premium: 2.0%
This fee is added to the winning bid amount and is paid by the Buyer. High Bid + Buyer Premium = Selling Price.

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