Stirling Sotheby’s International Realty Targets Canadian Investors for Auction of Florida Resort Properties

Florida has always been a place where people can find a bargain on a vacation – now the sunshine state is offering Canadian investors deep discounts on vacation homes.

Stirling Sotheby’s International Realty will host an auction of select Ginn Resort properties on Nov. 8 featuring nearly 20 homes, condominiums and vacation properties from renowned Ginn Resort communities in Central Florida, including Reunion, Bella Collina and Hammock Beach.

Several of the properties – including vacation homes on Florida’s Atlantic East Coast near Walt Disney World – will be sold as absolute auction properties. Many homes on the auction block are custom builder-owned, bank-owned, or bank-authorized auction properties.

The properties, which range from the high C$300’s to more than C$5 million in value, are expected to be sold at deep discounts.

* A C$826,000 home in Reunion has a suggested opening bid of C$251,000.
* A 4 bedroom, 4.5 bath home on the Arnold Palmer golf course at Reunion was previously listed at C$1 million, and has a suggested opening bid of just over C$500,000.
* A condominium at Reunion’s Heritage Crossing golf community was previously listed at C$734,000, and now has a suggested opening bid of C$316,000.
* A lakefront estate at Bella Collina, featuring 5 bedrooms, 6 bathrooms and all the luxury amenities, was previously listed at C$5.1 million, but now has a suggested opening bid of C$1.8 million.

For details and full auction brochure, visit the Stirling Sotheby’s auction website.

Curiosity about acquiring million-dollar residential real estate for bargain prices is driving thousands to the Stirling Sotheby’s auction site. Stirling Sotheby’s is receiving hundreds of inquiries a day from all over the globe. Potential buyers from more than 40 countries have sought information. The heaviest international response has been from Canada and the UK.

The auction will be held at the Grand Bohemian Hotel at 11 a.m., Nov. 8th in downtown Orlando, and bidders worldwide can join live online.