A Premier Jacksonville, Florida Real Estate AuctionWednesday, February 26, 2020 at 10AM

Real Estate Auction - Fort George Island Marina

A Premier Jacksonville, Florida Real Estate AuctionThe Fort George Island Marina, located at 9954 Heckscher Drive in Jacksonville, will be offered at public auction on Wednesday, February 26th at 10AM by MWA Auctions & Real Estate. The property sits on 2.97 acres and features a 37,760 sq.ft. storage building, 138 indoor dry slips, and 17 wet slips with permitting for additional wet slips. An additional building on the property is ready for buildout as a clubhouse or restaurant by a new owner.

Yacht Builders – Marine Contractors – Dredging Contractors – Defense ContractorsDo not overlook the opportunity to convert this prime location to another use! The property is ideally situated at the mouth of the St. John’s river with quick access to the Atlantic and east coast, downtown Jacksonville and the Mayport Naval Station. Consider possible alternative uses such as storage and warehousing, marine maintenance, vessel repair and refitting.

The Marina sits directly across the river from the Mayport Naval Station and is a 30 minute drive to downtown Jacksonville, as well as a 15 minute drive to Amelia Island. To learn more about the property and auction process, contact an MWA representative:

FGIMAuction.com | (800) 607-6888 | info@mwallc.com

Auction Date, Time, and LocationWednesday, February 26th at 10AMThe Ritz-Carlton, Amelia Island4750 Amelia Island ParkwayAmelia Island, FL 32034

Inspection DatesWednesday, January 29th | 9AM to Noon

Wednesday, February 12th | 9AM to NoonFort George Island Marina

9954 Heckscher Drive, Jacksonville, FL 32226

Meet an MWA representative on-site to tour the property and learn about the auction process.

ONLINE VIEWING AND MOBILE BIDDING AVAILABLE

THE LIVE AUCTION WILL TAKE PLACE AT THE RITZ-CARLTON AND ALSO BE SIMULCAST ONLINE FOR REMOTE BIDDING. TO PREREGISTER AND OBTAIN APPROVAL FOR REMOTE BIDDING, CALL MWA AT 800.607.6888 TO SPEAK TO A REPRESENTATIVE

OR VISIT FGIMAUCTION.COM

PROCEDURE: The property will be offered as a single tract. Bids will be taken in lump sum total dollars. All bid increments throughout the sale will be at the sole discretion of the auctioneer.

DOWN PAYMENT: A 10% down non-refundable payment will be due immediately after being declared the buyer. The down payment may be paid in the form of wire transfer to the Escrow Agent. The balance of the contract purchase price is due in cash at closing. YOUR BIDDING AND THE CLOSING IS NOT CONDITIONAL UPON FINANCING.

ACCEPTANCE OF BID PRICES: The successful bidder must execute a form purchase agreement provided by the seller at the auction site immediately following the close of bidding. The final bid price is subject to approval or rejection by the seller.

POSSESSION: Possession will be given at closing.

RENTAL INCOME AND LEASES: Lease income shall be prorated to the date of closing. Seller shall assign all leasehold interests to buyer at closing.

PERMITS AND LICENSES: Seller shall assign all assignable permits to buyer at closing. Seller shall assign and/or execute appropriate documentation to permit post-closing assignment of its interest in all leases, including a Sovereignty Submerged Lands Lease, licenses, permits, and franchises to the buyer. For more information on specific permits, certifications, annual rents and more contact the auction company or visit the online data room.

CLOSING: Closing shall be 30 days following the date of the auction or as soon as applicable closing documents are completed.

TITLE: Seller shall furnish the buyer at seller’s expense an owner’s policy of title insurance in the amount of the purchase price and agrees to provide and execute a proper deed conveying insurable title to the real estate to the buyer, subject to the Permitted Exceptions.

REAL ESTATE TAXES AND ASSESSMENTS: The 2020 calendar year taxes shall be prorated to the date of closing.

EASEMENTS: Sale of property is subject to any and all recorded or apparent easements.

SURVEY: The seller will not provide a new survey. Contact auction company or visit FGIMAuction.com to view an existing survey.

MINERAL RIGHTS: Sale shall include 100% of the mineral rights owned by the seller, if any.

PERSONAL PROPERTY AND IMPROVEMENTS: Seller will transfer to buyer at closing all buildings, docks, piers, wet slips, dry slips, improvements, fixtures, marina lift truck and personal property, excluding that personal property owned by tenants of the property.

AGENCY: Murray Wise Associates LLC is the exclusive agent of the seller.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS

MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller or the auction company. All sketches and dimensions in this brochure are approximate. All acreages are approximate and have been estimated based on legal descriptions or aerial photographs. Conduct at the auction and increments of bidding are at the direction and discretion of the auction company. The seller and auction company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auction company are final.

NEW DATA, CORRECTIONS AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

NOTE: Videotaping, flash photography, and/or public announcements will be allowed on auction day ONLY with prior approval from Murray Wise Associates LLC.

SELLER: Fort George Island Marina, LLC

MWAAuctions.com800-607-6888

Visit Our Website for Detailed Property In formation

FGIMAuction.com | Auctions Terms & Conditions

For Detailed Property Information, visit FGIMAuction.com or call (800) 607-6888

A Premier Jacksonville, Florida Real Estate Auction

Fort George Island Marina

MWA Auctions & Real Estate1605 S. State Street, Suite 110Champaign, Illinois 61820(800)607-6888 | MWAAuctions.comMurray Wise: #BK3295976Russell Seneff: #AU4521