Commercial Buildings- Pompano Beach, FL.  US Treasury Dept. Online Auction

Online-Only Auction

Categories:     Online-Only AuctionReal Estate

Auction Date:

January 10, 2024 | 11:00 am

Auction Location / Nearest City:

330 E McNab Rd, Pompano Beach, FL, USA

view full listing info & Photos


Auction Description:

Online Auction: Commercial Buildings, 330-338 & 340 E. McNab Rd, Pompano Beach, FL

Date: January 10th, 2024

U.S. Treasury Real Estate

COMMERCIAL BUILDINGS -Vacant commercial/retail property with a parking lot – 16 front spaces and 6 rear spaces. The 2,500 ± sq. ft. west building is divided into 3 storefronts and the 2,500 ± sq. ft. east building has 1 storefront. Per the stated Terms of Sale, this property is sold AS IS WHERE IS WITH ALL FAULTS including any building violations for the property as a whole that may apply (including but not limited to fines and penalties). Clear Title will be transferred via a Government Deed.

Inspection Date & Time: Wednesday, January 3 and Friday, January 5, 1:00-4:00 pm by appointment only.

Click Here to Bid: https://auctions.cwsmarketing.com/auctions/1-8EEQU7/commercial-buildings-330-338-340-e-mcnab-rd-pompano-beach-fl-1102024

Address: 330-338 & 340 E. McNab Rd, Pompano Beach, FL 33060

Property Details

Improved Area: 5,000 ± sq. ft.

Total Site Area: 15,004 ± sq. ft.

Year Built: 1965/66

Parcel No: 4942-12-04-0100 & 0090

FEMA Flood Zone AH: Map 12011C0378H

2023 Broward Taxes: $15,745

Utilities: Electricity, Water, Sewer

Zoning: B-3/General Business District

Starting Bid: $300,000

Bid Increment: $2,500

Sale #: 24-66-105

10% Deposit: The high bidder shall deliver ten percent (10%) of the Purchase Price less the initial deposit within three business days of the sale.

Closing: Closing will be held within 45 calendar days of the date the Government signs the sales contract.

Terms & Conditions: It is the Buyer’s responsibility to understand and comply with the complete Terms and Conditions of the sale.

How to Bid: Go to the Online Bidding Guide to learn how to bid in an online sale.

2-Step Registration:

1. Visit auctions.cwsmarketing.com and click on “Register to Bid” next to the photo of the property.

Note: New users will need to create an account.

2. Mail Bid Deposit Form with bid deposit of $50,000 in the form of a cashier’s check payable to CWS Marketing Group OR submit the Bid Form electronically and wire the deposit to arrive no later than 5pm ET on January 9. Request wiring instructions at [email protected] Due no later than the last business day before the auction. Once the deposit is received, an approval email notice will be sent to bidder.

Note: Credit cards are required during registration to verify your identity only. U.S. Treasury auctions do not accept credit cards as a form of payment for deposits. The credit card will be charged $1.00 for this process. This is an authorization only and the amount is released after verification. Bidders will need to accept the Terms & Conditions in order to establish an account.

Placing a Bid: All bids placed are Max Bids. The system will enter the next bid increment and enter your bid as a maximum bid.

Example: current bid: $5000, bid increment: $100, bidder enters $10000

– system enters $5100 (Max $10000)

Exception: If the bidder enters a bid equal or above the reserve amount, then the system observes the reserve amount as the next increment.

Tied Bid: In the case of a tie bid, precedence is given to the earliest bid.

Auction Soft Close: If a lot receives a bid within the last 1 min. it will remain open for an additional 1 min.

If any further bidding occurs, the extension timer will reset to 1 min.

If no further bidding activity occurs, the lot closes when the timer runs out. Bidders are urged and cautioned not to wait until the final seconds of the auction to place bids. Bids not recognized by the auction software when the time expires will not be accepted. Note: If a bid is recognized by the auction software during the final seconds, the screen may display “00.00” in time left. It can take a few seconds for the clock to reset. The bid will trigger an extension on the lot and 1 minutes will be added.

Questions: Call 703-273-7373 or email [email protected]

Technical Assistance: Contact us at [email protected] with any technical questions about the online bidding process.

Technical Problems and Transmission Issues: CWSAMS has made every reasonable effort to facilitate online bidding. However, it is possible that technical problems and transmission issues may arise and affect the CWSAMS website, bidding system and/or computer or server or your computer, personal device or software which is beyond the control of CWSAMS. By bidding online Bidder acknowledges that CWSAMS is not responsible for technical problems or transmission issues associated with a bid and that, in the event technical problems interfere with or prevent a bid, it may be necessary to withdraw items from bidding due to technical errors or uncontrollable circumstances. Further, in the event of the occurrence of a technical problem during any bid in any auction, CWSAMS in its sole discretion reserves the right to declare an item sold, postpone or cancel the auction, extend the bidding time for this auction and/or re-list the property for auction at another date and time. The decision of CWSAMS on this matter shall be final. Bidder acknowledges that, by bidding in any auction held by CWSAMS, Bidder accepts the terms and conditions of this Disclaimer.

The property is sold “AS IS” and “WITH ALL FAULTS”. The Seller has disclosed all known defects and makes no warranties or guarantees either expressed or implied.

ALL SALES ARE SUBJECT TO THE FINAL ACCEPTANCE OF THE GOVERNMENT.

 

Commercial Buildings- Pompano Beach, FL.  US Treasury Dept. Online Auction

330 E McNab Rd, Pompano Beach, FL, USA
Pompano Beach, FL

Auction Location / Nearest City:

330 E McNab Rd, Pompano Beach, FL, USA

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