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Luxury Oceanfront Estate Palm Beach, Florida Exclusively Presented By: Live On-site Auction Event Thursday, March 28@11AM ET

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Page 1: Palm Beach, Florida - LoopNet...Palm Beach, Florida 33480 Property Tours By Appointment Only. Please contact Francis Santos at 954.931.0644 or Francis@fisherauction.comUtilities to

Luxury Oceanfront Estate Palm Beach, Florida

Exclusively Presented By:

Live On-site Auction Event

Thursday, March 28@11AM ET

Page 2: Palm Beach, Florida - LoopNet...Palm Beach, Florida 33480 Property Tours By Appointment Only. Please contact Francis Santos at 954.931.0644 or Francis@fisherauction.comUtilities to

Table of Contents

Executive Summary 3

Photographs 7

Fisher Auction Company 2 Fisherauction.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 TRUSTEE 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 , FISHER AUCTION COMPANY AND TRUSTEE 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, FISHER AUCTION COMPANY AND TRUSTEE 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, FISHER AUCTION COMPANY AND TRUSTEE REALTY.

EXCLUSIVE MARKETING REPRESENTATIVES

Lead Broker

Lamar P. Fisher

754.220.4113

[email protected]

Auction Consultant:

Francis D. Santos

954.931.0644

[email protected]

Page 3: Palm Beach, Florida - LoopNet...Palm Beach, Florida 33480 Property Tours By Appointment Only. Please contact Francis Santos at 954.931.0644 or Francis@fisherauction.comUtilities to

EXECUTIVE SUMMARY

Page 4: Palm Beach, Florida - LoopNet...Palm Beach, Florida 33480 Property Tours By Appointment Only. Please contact Francis Santos at 954.931.0644 or Francis@fisherauction.comUtilities to

Fisher Auction Company 4 Fisherauction.com

EXECUTIVE SUMMARY

OVERVIEW

Fisher Auction Company and Trustee Realty, Inc., as exclusive marketing agents, are pleased to offer a16,000±

Square Foot Luxury Oceanfront Estate on an expansive .88± Acre Lot. Elevated some 17’ above Sea Level, this

Prime Estate provides spectacular panoramic Atlantic Ocean Views.

PROPERTY HIGHLIGHTS

Palatial 16,000± Square Feet Oceanfront Mansion with breathtaking Atlantic Ocean Views

Commanding .88± Acre Estate Lot with 184± feet of Pristine Oceanfront in prestigious South Ocean

Boulevard section

Unique Architectural Masterpiece combining Old World Design with Modern Innovation and Luxurious

Features

Prime Location in the heart of Palm Beach Island

Expansive Elegance is defined in this 6 Bedroom, 8 Full and 2 Half Bathroom Mega Mansion with 13,600± SF

under air

Within minutes to World Class Golf, Marinas, and Entertainment Venues

Close Proximity to World Famous Breakers Hotel and Prestigious Worth Avenue

CONSTRUCTION FEATURES

Barrel Tile Roof

Impact Glass Windows and Doors

CBS Construction

Marble, Tile, Hardwood and

Carpeted Flooring

Custom Designed Tray Ceilings

throughout accented by

Handcrafted Millwork

Multi Zone HVAC System

High Tech Security System

State-of-the-art Automation

Original Construction in 2006.

Upgraded throughout

Disclaimer; the information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. Any

projections, opinions, assumptions or estimates used are for example only and do not present the current or future performance of the property. It is your responsibility to independently verify the accuracy and

completeness of the information.

Page 5: Palm Beach, Florida - LoopNet...Palm Beach, Florida 33480 Property Tours By Appointment Only. Please contact Francis Santos at 954.931.0644 or Francis@fisherauction.comUtilities to

Fisher Auction Company 5 Fisherauction.com

LUXURY ESTATE HOME FEATURES

First Floor

The Luxurious Interior is tastefully adorned with Imported Portuguese and

Morocan Tile and Marble featuring Ceiling and Wall accents from Paris

Chef’s Kitchen with Custom Cabinetry, Marble Surfaces, Viking/Sub Zero

Appliances, Butler’s Pantry and Custom Antique Island from London Pub

Custom Wine Cellar adjacent to Cigar Bar with private Automated Entry

Oceanfront Living and Family Rooms with Spectacular Views

Magnificent Circular Entry Hall with Coat Closet and Powder Room

3 Guest Suites with En Suite Bathrooms and Walk In Closets

Grand Dining Hall highlighted by Architectural Columns, twin Crystal

Chandeliers and Antique Mirror

3 Car Garage with separate individual doors

State-of-the-Art Theater/Game Room includes a Surround-Sound System,

Custom Seating, Performing Stage and Bathroom

Masterfully Designed Library with Fireplace and Leather Wall Accents from

Paris

Cabana Bathroom with Large Walk In Shower/Steam Room

Grand Entry Loggia with Custom Designed Tiled Artwork, Pecky Cypress

Ceiling and enormous Solid Hardwood Door

Second Floor

Oceanfront Grand Master Suite with Private Balcony, Sitting Area with

Custom Fireplace, and Luxurious His/Hers Bathrooms/Dressing Rooms and

Office Area

2 VIP Suites with En Suite Bathrooms, Walk In Closets and Private Balconies

Second Floor Laundry

Garage Floor

3 Car Garage with Individual Doors

2 Staff Bedrooms with En Suite Bathrooms

Large Storage / Potential Fitness Room

Exterior

184± Feet of Ocean Frontage with breathtaking Atlantic Ocean Views

Luxurious 40’ x 16’ Swimming Pool with Integrated Heated Spa

Front and Rear Loggias with Pecky Cypress Ceilings

Lush Landscaping with Large 60’ x 170’ Oceanfront Lawn

Private Beach Access Stairway

Custom Designed Water Fountain

Summer Kitchen in Pool Area

EXECUTIVE SUMMARY

Page 6: Palm Beach, Florida - LoopNet...Palm Beach, Florida 33480 Property Tours By Appointment Only. Please contact Francis Santos at 954.931.0644 or Francis@fisherauction.comUtilities to

6 Fisherauction.com

Minimum Bid $31,000,000 plus a 5% Buyer’s Premium

(Previously Offered at $44,000,000)

Auction Date /

Time

Thursday, March 28, 2019@ 11:00 AM ET

Auction Location Onsite

101 Casa Bendita

Palm Beach, Florida 33480

Property Tours By Appointment Only. Please contact Francis Santos at

954.931.0644 or [email protected] to schedule a

property tour

Initial Escrow

Deposit

Bidders must wire transfer the qualifying, fully refundable,

initial Escrow Deposit in the amount of $1,000,000.00 in

U.S. Funds to Rice Pugatch Robinson Storfer & Cohen

PLLC’s Trust Account (Escrow / Closing Agent) no later

than 5:00PM EST, Tuesday, March 26, 2019.

Submit to Fisher Auction Company, Florida Bankruptcy

Advisors, P.L. and Closing Agent proof of funds in an

amount no less than the Minimum Bid.

Buyer Broker

Participation

2% 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 DETAILS PROPERTY DETAILS

Address 101 Casa Bendita, Palm Beach, Florida 33480

Location Prime location in the Heart of Palm Beach Island at the

end of Casa Bendita Cul-De-Sac adjacent to the former

Hilfiger Estate

Legal

Description CASA BENDITA LOT 6

Zoning Single Family Residential

Utilities Water/Sewer - Public

Electric - Florida Power and Light

Area Total Area – 16,046± Square Feet

Living Area – 13,600± Square Feet Air Conditioned

Lot Size – .88± Acres / 38,490± Square Feet

Frontage 184± Feet along the Atlantic Ocean

Real Estate

Taxes 2018 – $269,688.00

Fisher Auction Company

EXECUTIVE SUMMARY

Page 7: Palm Beach, Florida - LoopNet...Palm Beach, Florida 33480 Property Tours By Appointment Only. Please contact Francis Santos at 954.931.0644 or Francis@fisherauction.comUtilities to

PHOTOGRAPHS

Page 8: Palm Beach, Florida - LoopNet...Palm Beach, Florida 33480 Property Tours By Appointment Only. Please contact Francis Santos at 954.931.0644 or Francis@fisherauction.comUtilities to

8 Fisherauction.com Fisher Auction Company

PHOTOGRAPHS

Disclaimer; the information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. Any

projections, opinions, assumptions or estimates used are for example only and do not present the current or future performance of the property. It is your responsibility to independently verify the accuracy and

completeness of the information.

Page 9: Palm Beach, Florida - LoopNet...Palm Beach, Florida 33480 Property Tours By Appointment Only. Please contact Francis Santos at 954.931.0644 or Francis@fisherauction.comUtilities to

9 Fisherauction.com Fisher Auction Company

PHOTOGRAPHS

Disclaimer; the information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. Any

projections, opinions, assumptions or estimates used are for example only and do not present the current or future performance of the property. It is your responsibility to independently verify the accuracy and

completeness of the information.

Page 10: Palm Beach, Florida - LoopNet...Palm Beach, Florida 33480 Property Tours By Appointment Only. Please contact Francis Santos at 954.931.0644 or Francis@fisherauction.comUtilities to

10 Fisherauction.com Fisher Auction Company

PHOTOGRAPHS

Disclaimer; the information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. Any

projections, opinions, assumptions or estimates used are for example only and do not present the current or future performance of the property. It is your responsibility to independently verify the accuracy and

completeness of the information.

Page 11: Palm Beach, Florida - LoopNet...Palm Beach, Florida 33480 Property Tours By Appointment Only. Please contact Francis Santos at 954.931.0644 or Francis@fisherauction.comUtilities to

For additional information, contact:

Francis D. Santos, Vice President

954.931.0644 [email protected]

Exclusively Presented By: