LIVE AUCTION...THURSDAY, MAY 3, 2018 AT 6:00PM CDT BEACH HOUSE - WORKSHOP - ADDITIONAL LOT - 1/2 ACRE TOTAL Sells in 3 Tracts...Buy any Tract, Any Combination of Tracts or Buy it All This Tracts 1, 2 and 3 for a total of .48 acres LIVE AUCTION: Held, on-site, at 101 N. Mae Circle in Crystal Beach, Texas. REAL PROPERTY: 4 Lots in Ocean Shores subdivision. Beach House on 2 Lots, Workshop on adjoining Lot, also adjoining undeveloped Lot. Total of 1/2 acre on the corner of Boyt Road and N. Mae Circle/Jewel Drive on the Bolivar Peninsula. Galveston County Independent School District. Just 1/4 mile from Crystal Beach!!! Offered for Sale at Auction in 3 separate Tracts. TRACT 1: Ocean View Elevated Beach House, 1288 square feet, 2 bedrooms, 1.5 baths with enclosed elevator, sun room and 2 full length upper decks. New metal roof. Additional 1/2 bath on ground level/garage with a separate shower. Corner lot at Boyt Road and N. Mae Circle, approximately .24 acres TRACT 2: Workshop/Garage, 1200 sq. feet on .12 acre Lot on Jewel Drive TRACT 3: Undeveloped .12 acre corner Lot at Boyt Road and Jewel Drive LIVE AUCTION: The property will be offered for sale in a live, audible auction, conducted by a licensed Auctioneer on Thursday, May 3, 2018 at 6:00pm CDT. The auction will be conducted on-site, at 101 N. Mae Circle in Crystal Beach, Texas. On-site registration will begin at 3:00pm on the day of the auction. The property will sell "AS IS". It is the sole responsibility of a potential Buyer to inspect and research the property prior to the auction. REAL ESTATE TERMS: A 10% Buyer's Premium will be added to the high bid attained at auction to constitute the total contract price. The 10% Buyer's Premium will be paid the day of the auction by Cash or Cashier's Check when the contract is executed. Personal of Business Check will only be accepted if accompanied by a "Bank Letter of Guarantee". The balance will be due at Closing, on or before, Thursday, June 7, 2018 at 5:00pm CDT. Buyer is responsible to attain his or her own financing prior to closing. ONLINE BIDDING: If you are unable to attend the live auction held at 101 N. Mae Circle...you can participate in real-time online bidding that will be available through PROXIBID beginning at 5:30pm CDT on the day of the auction. Pre-registration with PROXIBID is required. Go to PROXIBID or call for details AGENT INCENTIVE: Real Estate Agents are eligible to receive a 2% commission. Bring your Buyer and co-register the day of the auction. The Real Estate Agent of the successful Buyer will receive a 2% commission of the auction strike price to be paid the day of Closing. NOTICE: This property will not be pre-priced and will not be sold prior to the date of the Auction. Therefore, as a prospective Buyer, you are guaranteed your opportunity to purchase this property on May 3rd. OPENING BID: Tract 1: $100,000, Tracts 2 & 3: $10,000 REAL ESTATE PREVIEW: Real Estate my be viewed by appointment only. Call to schedule an appointment. ADDITIONAL PHOTOS COMING SOON!!!
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