Channelside Condo Auction Nov. 14th Tampa, Florida

CHANNELSIDE CONDO AUCTION! VENTANA-TAMPA, FL

33 Luxury Channelside Condos For Sale• Minimum bids from $145K

CLICK HERE TO SEE PHOTO SLIDE SHOW

Pricing Example:

A 1 bedroom 2 bath condo, 1,143 square-foot condo at Ventana has a minimum bid of $145,000.

It's last asking price: $473,100.

Total units in building 84. There are only 33 remaining.

Maintenance fees are calculated at .33 per sq ft.

Includes: water, trash, basic cable, concierge, wireless internet throughout entire community, pool, fitness center and 2 parking spaces per condo!

With an intimate collection of unique residences, Ventana is a window to a world all your own.

Expansive picture windows illuminate each residence with natural light and are the focal

point of open floor plans that spill out onto large terraces and balconies overlooking downtown,

Channelside and the waterfront.

Designed by renowned architect Walton H. Chancey, AIA, and the Chancy Design partnership, these uniquely

gracious and sophisticated residences include concierge services, and exceptional features and finishes not found

in most urban residential offerings. More refined than lofts. More intimate than towers. This is Channelside’s

most livable take on downtown living.

All condos have granite countertops, hardwood flooring in living room and dining rooms, tile in bathrooms, carpet in bedrooms, Kitchen Aid stainless steel appliances

Choose from 33 Residence:

1 b/2b 1,143 sq ft ONLY ONE LEFT!

2b/2b 1,381 sf - 1,521 sq ft

2b+den, 2 bath 1,753 sq ft - 1,797 sq ft

3b/3b 2,541 sf

This is the BEST deal in Channelside and the BEST time to buy! Don't miss out on this incredible opportunity!

When is the auction?

AUCTION will be held on Saturday, November 14th at 1pm.

Previews of all condos are available by appointment until November 13, 2009

Please email: info@thetamparealestateinsider.com to schedule your showing and for further details.

Or you may call us at 813 784 7744.

Rae Catanese, Real Estate Agent

• All sales must close on or before December 28, 2009 (31 business days after the auction).


• If financing you must use Fanne Mae Approved Preferred Lenders: MetLife and Bank of America.


• 20% of the purchase price is required to obtain financing.
  

Units Remain at The Arlington Downtown Tampa

By MICHAEL CANNING Published February 18, 2005
LOCATION: 1209 N Franklin St., downtown.
DEVELOPER: Stephanie Ferrell and Russell Versaggi as Arlington Partners LLC.

DESCRIPTION: Two-story circa 1910 brick vernacular building with 31,000 square feet. The ground floor is being converted into 10 units ranging from 1,200 to 1,620 square feet for retail, commercial, residential or live-work use. The upper floor will have 11 residential units, seven of which will be one-story flats. They will range from 680 to 1,200 square feet. Four other units will be two-story townhomes ranging from 1,200 to 1,500 square feet.

PRICE: Call for pricing, some units are available. 813-784-7744

AMENITIES: The flats and townhomes will feature much of the historic building's original trim work, including doors, transom windows, carpentry accents, 12-foot ceilings, plus hardwood floors and stone kitchen countertops. The townhomes will have rooftop decks.

WHAT THEY'RE SAYING: "I was definitely charmed and surprised by (the building)," said Stephanie Ferrell, a Tampa architect who specializes in historic preservation. She said much of the building's interior, "hadn't been disturbed for 50 years. The whole interior was a time capsule from 1910."

TIMELINE: The second floor used to house the 52-room Arlington Hotel. The ground floor had the hotel's lobby and other retail businesses. The hotel closed shortly after Badcock furniture store took over the ground floor, about 1946 or 1947, Ferrell said. The second floor was likely converted to low-rent apartments and eventually vacated, she said. Ferrell bought the building three years ago with former business partner Bob Harrell. Badcock moved out of in October, and renovations began in early January.

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Condo auction attracts many bidders, few sales-Tampa, Fl

Condo auction attracts many bidders, few sales
Tampa Bay Business Journal - 2:55 PM EST Monday

Forty condominium units at The Hamptons at Tampa Palms were sold at a public auction over the past weekend, at an average price of $148,000 a unit.

J.P. King Auction Co. of Gadsden, Ala., managed the sale of the units, which were among the most expensive converted apartments in the Tampa Bay area. The auction attracted 171 bidders from 15 states as far away as Minnesota, Nevada and California
.
The sale disposed of 20 two-bedroom units, 15 three-bedroom units and five one-bedroom units, at a total price of just above $5.9 million, a J.P. King spokesman said.
Bay Communities Real Estate Inc. converted the 315-unit Hamptons complex in July 2005 and decided to put 100 condos on the block during the Dec. 9 auction, conducted at the Grand Hyatt Tampa Bay hotel on Rocky Point.

"We came to reduce our inventory, and that's what we did," Bill Harkins of Bay Communities stated in a release Monday. "We got 40 units sold and some people got a great deal. It's a very soft market."

Among the crowd were several other condo developers who observed the Hamptons sale as they consider auctions to reduce their own inventories.

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Neighborhoodtimes: Condominium project anything but ordinary

Neighborhoodtimes: Condominium project anything but ordinary

CommunityWalk - Under Construction in Downtown Tampa

CommunityWalk - Under Construction in Downtown Tampa
Map of Projects in Downtown Tampa

Venue Condo Tower Approved For Downtown Tampa

Condo Tower Approved For Downtown
Published: Oct 27, 2006


TAMPA - The developer of a proposed 50-story condominium tower on prime downtown land won zoning approval for the project Thursday from the city council.
Gibraltar Development Corp. hopes to break ground next year and see the building ready for occupancy in late 2009.
The site, located along the Hillsborough River, is now occupied by an office building.
The site is less than a half-acre but sits at a prime location at the southwest corner of Ashley Drive and Kennedy Boulevard.

Named Venu, the slender glass tower the council approved Thursday is to have 215 condo units.
Residences would range from 900 to 4,000 square feet and unit prices would run from $400,000-plus to more than $3 million.

Plans call for 3,200 square feet of ground-floor retail space and 10 floors of parking.
The site is a short distance from the site of the Trump Tower Tampa project. Construction on the 52-story Trump project, which also is being built along the Hillsborough River, has been delayed while the developer seeks financing and addresses a foundation issue.

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Condos to be auctioned -Tampa, Fl

Condos to be auctioned in effort to move units: "Condos to be auctioned in effort to move units
STAFF REPORT

In another sign of a slow housing market, 100 condominium conversion units at the Hamptons at Tampa Palms will be sold in December in an auction -- 40 of them in an 'absolute auction.'

That means some of the units on Amberly Drive in the New Tampa area will go to the highest bidders with no minimum bid or reserve.

Condos selling 'absolute' will include 15 three-bedroom units, 20 two-bedroom units and five one-bedroom units.

Residential and real estate auctions have become the fastest-growing segment of the U.S. auction business.

In a real estate market that has been turned upside down, auction specialists are finding interest growing exponentially from would-be sellers desperate to move their product.

Bay Communities, the development firm converting the apartments, decided on an auction strategy to speed up sales, said Craig King, president of J.P. King Auction Co., the Alabama outfit managing the event.

'With the marketplace slowing down a bit, Bay Communities decided it was a good time to get more aggressive and sell a number of units in one day,' King said.

The developer, Bay Communities, started marketing in mid-2005, 'but as everybody knows, the market has slowed down quite a bit nationwide since then,' said Bay's Bill Harkins.

'In that environment, we felt an auction would help reduce the inventory.' "