AUCTION DECEMBER 4TH No Reserve! AT 10 AM CT...aerial map. street map. auction summary. unit mix. unit floorplans. community overview. team summary. 3. 4: 8. 9. 10. 11. 12. 14. 15

SHORES OF PANAMA

AUCTION

99 Luxury Condominiums

20 Selling Absolute with

No Reserve!

Panama City Beach, FL

AUCTION

DECEMBER 4TH

AT 10 AM CT

Fisher Auction Company | 2112 East Atlantic Boulevard | Pompano Beach, Florida, 33062

www.shorescondoauction.com

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CONTENTS

OVERVIEW

PROPERTY PHOTOS

AERIAL MAP

STREET MAP

AUCTION SUMMARY

UNIT MIX

UNIT FLOORPLANS

COMMUNITY OVERVIEW

TEAM SUMMARY

3

4

8

9

10

11

12

14

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Executive Summary

Shores of Panama

AUCTION

800.331.6620 www.shorescondoauction.com

DISCLAIMER AND CONFIDENTIALITY THIS AUCTION PROPERTY PACKAGE HAS BEEN PREPARED SOLELY FOR INFORMATION PURPOSES TO ASSIST A POTENTIAL BIDDER IN DETERMINING WHETHER IT WISHES TO PROCEED WITH AN IN-DEPTH INVESTIGATION OF THE PROPERTY. THE SELLER AND ITS AGENTS, FISHER AUCTION COMPANY AND LIFE’S A BEACH REALTY, SPECIFICALLY DISCLAIM ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE ACCURACY OR COMPLETENESS OF THIS PROPERTY INFORMATION PACKAGE OR OF ANY OF ITS CONTENTS. ALL FINANCIAL INFORMATION IS PROVIDED FOR GENERAL REFERENCE PURPOSES ONLY. THE PROPERTY IS BEING SOLD IN "AS IS," "WHERE IS" CONDITION AS OF THE DATE OF THE CLOSING THEREON. THE SELLER WILL MAKE NO AGREEMENT TO ALTER, REPAIR OR IMPROVE THE PROPERTY. THE SELLER AND FISHER AUCTION COMPANY AND LIFE’S A BEACH REALTY DISCLAIM ANY WARRANTY, GUARANTY OR REPRESENTATION, ORAL OR WRITTEN, PAST OR PRESENT, EXPRESS OR IMPLIED, CONCERNING THE PROPERTY DISCUSSED IN THIS PROPERTY INFORMATION PACKAGE. THE SELLER AND FISHER AUCTION COMPANY AND LIFE’S A BEACH REALTY HAVE ONLY LIMITED KNOWLEDGE OF THE CONDITION OF THE PROPERTY. THE PURCHASE OF THE PROPERTY WILL BE BASED SOLELY ON A BUYER'S OWN INDEPENDENT INVESTIGATION AND FINDINGS AND NOT IN RELIANCE ON ANY INFORMATION PROVIDED BY THE SELLER AND FISHER AUCTION COMPANY AND LIFE’S A BEACH REALTY.

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OVERVIEW

Executive Summary

Shores of Panama

AUCTION

Fisher Auction Company and Life’s A Beach Realty as Exclusive Marketing Agents are pleased to present 99

Luxury Gulf Front Condominiums for Auction with 20 to be sold Absolute with no Minimum or Reserve! The

Shores of Panama is a 23 Story Luxury Resort located directly on The Gulf of Mexico with World Class

Amenities that include a Full Service Spa, Fitness Center, On-Site Restaurants and Tiki Bars, Private Garaged

Parking, 24 Hour Security, Indoor Pool and Hot Tub, and a 13,965± Square Foot Resort Style Gulf Front Pool

and Hot Tub with an Expansive 22,000± Square Foot Deck.

PROPERTY HIGHLIGHTS

Description: A 710 Unit, 23 Story Gulf Front

Luxury Resort Condominium with attached

Parking Garage

Year Built: 2005

HOA Fee: See Unit Spreadsheet in Section III

Taxes: See Unit Spreadsheet in Section III

Use Occupancy: Permanent or Vacation

Residence by Owner, Guest or Tenant

Unit Leasing: Daily, Weekly, and Monthly

Vacation Rentals are permitted

Construction: CBS

Windows: Impact Resistant

Flooring: Carpet and Tile

HVAC: Roof Mounted Chiller with Individual

Unit Thermostat

Parking: Each Unit comes with an Assigned

Parking Space in the Covered 12-Story

Parking Garage (The 12th Floor not Covered)

Pets: Unit Owners may have up to two (2)

pets (domesticated dogs or cats). Note: Pets

must be properly registered with Property

Management. A $5 Tag fee will apply


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INTERIOR PHOTOS

Executive Summary

Shores of Panama

AUCTION


800.331.6620

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INTERIOR PHOTOS

Executive Summary

Shores of Panama

AUCTION


6

INTERIOR PHOTOS

Executive Summary

Shores of Panama

AUCTION


7

EXTERIOR PHOTOS

Executive Summary

Shores of Panama

AUCTION


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AERIAL MAP

Executive Summary

Shores of Panama

AUCTION

Shores of Panama

Front Beach RD

Signal Hill

Golf Course

Shipwreck Island

Waterpark


S Thomas Drive

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STREET MAP

Executive Summary

Shores of Panama

AUCTION

Shores of Panama


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AUCTION SUMMARY

Executive Summary

Shores of Panama

AUCTION

DIRECTIONS TO

THE PROPERTY

From I10 exit #130. Go South on US

231 to US 98. Turn Right to Front

Beach Road (Highway 30). Continue

to South Thomas Drive. Turn Left

and proceed to address.

QUALIFIYING BIDDER

REQUIREMENTS A $5,000.00 Cashier’s Check (per Unit)

payable in U.S. Funds payable to The

Tarich Law Firm PA, Real Estate Trust

Account

The Total Deposit required on Auction

Day is 10% of the Contract Price. There-

fore, an Additional Escrow Deposit will

be required in the form of a Business

or Personal Check

BROKER

PARTICIPATION 2.5% of the Final Bid Price

Call 800.331.6620 or visit

www.fisherauction.com for the

Mandatory Real Estate Buyer

Broker Participation Registration

Form.

Auction Date / Time: Wednesday, December 4, 2019 @ 10:00 AM CT

Auction location: Sheraton Panama City Beach Golf & Spa Resort

4114 Jan Cooley Drive

Panama City, FL 32408

Property Location: 9900 South Thomas Drive

Panama City Beach, Florida 32408

Onsite Sales Center: Located in Lobby; Open Daily from 9am to 5pm

For Pre-Sales & Property Tours Call 850.249.9110


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UNIT MIX

Executive Summary

Shores of Panama

AUCTION

UNIT TYPE BED/BATH SQ FT NUMBER

of UNITS

A 1 BR / 2 BA 864 4

B 2 BR / 3 BA 1,148 2

C 1 BR / 2 BA 907 4

F 1 BR / 1.5 BA 911 8

H 2 BR / 3 BA 1,453 4

K 2 BR / 3 BA 1,184 23

L 2 BR / 2.5 BA 1,102 4

N 1 BR / 2 BA 936 28

R 3 BR / 3 BA 1,525 11

S 2 BR / 3 BA 1,279 3

T 1 BR / 2 BA 951 4

U 3 BR / 3 BA 1,400 4

99


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UNIT FLOORPLANS

Executive Summary

Shores of Panama

AUCTION

B UNIT

TYPE

A UNIT TYPE

C UNIT

TYPE

F UNIT

TYPE

H UNIT TYPE K UNIT

TYPE


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UNIT FLOORPLANS

Executive Summary

Shores of Panama

AUCTION

L UNIT

TYPE

T UNIT TYPE

R UNIT TYPE S UNIT

TYPE

N UNIT TYPE

U UNIT TYPE


800.331.6620

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COMMUNITY OVERVIEW

Executive Summary

Shores of Panama

AUCTION

Bay County, Florida is truly a jewel in the Northwest Florida Panhandle, where wonderful

weather, friendly locals, beautiful condos, and breathtaking views await you and your family.

The white sandy beaches are world famous, but Panama City Beach is much more than just a

beach. The workforce, employment opportunities, and industries are abundant, and the

economy is strong and growing. If you are looking to relocate, the area’s educational systems

are some of the best in the state, making Bay County a great place to live, learn, work and play.

DINING & ENTERTAINMENT

Restaurants Attractions Water Attractions Night Life

Buddy’s Seafood Aaron Bessant Park Adventure at Sea Little Village

Barefoot Hideaway Grill Coconut Creek Family

Fun Park

Lagoon Pontoons Jimmy Buffett’s

Margaritaville

Hook’d Pier Bar and Grill Martin Theatre Dive Locker Pineapple Willy’s

Sharky’s Beach Front Signal Hill Golf Course Paradise Adventures Barefoot on the Beach

And Many More!!!! And Many More!!!! And Many More!!!! And Many More!!!!


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TEAM SUMMARY

Executive Summary

Shores of Panama

AUCTION

Life’s a Beach Real Estate and Fisher Auction Company have successfully partnered for many years. The

most notable partnership was the sale of 69 condominium units located within the Origin of Seahaven in

Panama City Beach, producing a total of over $10.2 Million in sales. The Brokerages work in tandem to get

the job done. Their professionalism as Partners, coupled with the same goal of obtaining the absolute best

price for their client while still providing a transparent transaction for the Buyer, makes this team a success

in whatever venture they take on.

LAMAR FISHER PRESIDENT / CEO of

FISHER AUCTION [email protected]

954.942.9017

Lamar Fisher represents the third generation of executive leadership

for Fisher Auction Company as its President and CEO. For over 35

years, he has devoted his entire career life to all aspects of the

auction industry and is an industry leader and authority in marketing

of real estate via the auction process. He holds a degree from Palm

Beach State College, is a graduate of the Certified Auctioneers

Institute (CAI), and is an Accredited Auctioneer in Real Estate (AARE),

the highest designations earned by the Auction Marketing Institute.

With Fisher’s proven success rate, professionalism and dedication to

the auction industry, he continues to propel Fisher Auction Company

as one of the top firms in America, Puerto Rico and the Virgin Islands

serving Lenders, Receivers, Developers, Governmental Agencies,

Trust Companies, Municipalities, Real Estate Brokerage Firms, Private

and Public Equity Firms and REITS with sales in excess of $3 Billion.

WOODY JUNOT BROKER / OWNER of

LIFE’S A BEACH RE [email protected]

850.249.9110

Woody Junot’s long-standing professional career is built on the

fundamentals of strategic management, stellar customer service, real

estate and financial expertise. These core strengths are the ideal

blend of attributes to successfully serve as the Designated Broker for

Life’s A Beach Real Estate. Ten years ago, Woody spotted a

tremendous opportunity to use his skills and knowledge base to

support the growth and success of Florida’s panhandle region. He

became a resident of Destin, FL, and broadened his scope by

obtaining his real estate broker license in the state of Florida. While

managing Life’s A Beach Realty, now in its fifth year. A self-starter

with an entrepreneurial mindset, Woody uses the experience he has

gained in executing new business strategies to meet his client’s

needs and expectations – using comprehensive expertise that not

every real estate professional has acquired.


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FISHER AUCTION COMPANY

2112 EAST ATLANTIC BOULEVARD | POMPANO BEACH, FLORIDA 33062

WWW.SHORESCONDOAUCTION.COM

SHORES OF PANAMA

AUCTION

99 Luxury Condominiums

20 Selling Absolute with

No Reserve!

Panama City Beach, FL

Documents

AUCTION DECEMBER 4TH No Reserve! AT 10 AM CT...aerial map. street map. auction summary. unit mix. unit floorplans. community overview. team summary. 3. 4: 8. 9. 10. 11. 12. 14. 15