PA Picks – Time for Some Beach Bidding…May 7th, 2012 by Ori Klein
Ahhh… summer. Everyone’s favorite 3-month stretch of sunshine is within reach. And when summer hits, most people want to hit the beach. In honor of this spectacular season that’s a mere 40ish days away, we’re scoping out some coastal capital that will attract both investors and homeowners who want their paradise by the sea.
Check out LastBidRealEstate.com’s .62 acre lot in South Haven, Michigan. Nestled in the exclusive gated community of Highfield Beach at Lake Michigan, the acquisition of this lot includes access to the clubhouse with an outdoor heated pool, scenic walking paths and a quick golf cart drive down to the shores of Lake Michigan to enjoy shared access of 500+ feet of private sandy shoreline. PA is picking this one for its ideal location – perfect for a waterfront getaway yet only 2 hours from Chicago and 1 hour from Grand Rapids. Auction date is June 5th.
Looking for something a bit bigger? Take a look at Fisher Auction Company’s turnkey 50-room oceanfront hotel in Palm Beach Shores, Florida. Showcasing 169’ frontage on Ocean Avenue, this 4-story seaside establishment offers extensive practical necessities every investor requires, including underground parking for 40 cars, surface parking for 16 cars, and current zoning that allows for a 50,000sf 6-story, 27-unit building. PA digs this property for its more indulgent features, such as the restaurant and terrace overlooking the Atlantic Ocean, swimming pool and tiki bar, and 2-bedroom penthouse suite. Auction date is June 8th.
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