WILDWOOD CREST, NJ – June 9 2010 – Feel like beachfront royalty for far less than you would ever expect.
Take your pick of the 24 oceanfront luxury condominiums at Royal Beach at Wildwood Crest that will be auctioned off Saturday, June 26, with bids starting at just $125,000. Max Spann Real Estate & Auction Co., an industry-leading, full-service national auctioneer, has scheduled an auction for 1 p.m. at Harrah’s Resort, 777 Harrah’s Blvd, Atlantic City, NJ.
“Buyers ask me all the time, do you have anything right on the beach,” said Bob Dann, executive vice president of operations for the auction company. “This auction is a great opportunity for a family to purchase a spacious, ocean front condominium on one of the most beautiful beaches in the Northeast.”
Minimum bidding starts at $125,000 for units with original asking prices of up to $985,000 and $195,000 for units with original asking prices of up to $1.8 million. The property is located at 450 East Nashville Ave. Property previews are scheduled for noon to 2 p.m. on Sunday, June 13 and Saturday, June 19.
Both three-bedroom/two-bathroom and two-bedroom/two-bathroom units are available. All units offer private balconies with ocean views, granite kitchen countertops and tray ceilings. Residents have access to a heated oceanfront pool and cabanas. Each unit includes two parking spaces. A video entry system monitors the building.
The units range in size from 1,240 to 2,211 square feet. They feature Andersen windows and doors, architectural trims with moldings, tumbled marble backsplash and Dacor stainless appliance packages. The beach is just steps away and Wildwood’s world-famous boardwalk is just a few blocks to the north.
“You can watch the sun rise over the waves every morning, spend the day surfing and sunning and take a short stroll to the boardwalk for evening excitement,” Dann said. “It’s all possible at an affordable price.”
Max Spann is also auctioning two luxury Ocean City beachfront condos on June 18 at 11 a.m. at Harrah’s Resort Atlantic City. The four-bedroom condos in the gated Santa Rosa community feature gourmet kitchens with granite countertops and Sub-Zero and Wolf appliances, Brazilian Mahogany floors, intricate tile work and wainscoting. Both units offer two-car garages, elevators and private balconies. The bidding starts at $750,000 on units with original asking prices of $2.5 and $2.7 million. A property preview is scheduled for noon to 2 p.m. on Saturday, June 12.
Dann said the economy has created a 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.