Condo Auction in Mexico Beach

by April 7, 2009 • 11 comments

tranquilharborTen condominiums in the prestigious and new Tranquil Harbour community on Florida’s beautiful Mexico Beach will be sold by absolute auction (regardless of price) on Saturday, May 2nd. The beautifully-designed units will be auctioned by The National Auction Group, Inc. of Gadsden, Alabama, an elite team of highly-trained specialists in the marketing of one-of-a-kind, high-end properties. The company has established a significant track record in recent months, selling more than $87 million worth of condos on the Gulf Coast from Panama City to Gulf Shores since last May. Also to be sold separately on auction day are a dozen lots on beautiful Cape San Blas.

Situated directly across from the Mexico Beach Pier, Tranquil Harbour consists of two three-story towers with all units enjoying mesmerizing water views. Options include two, three and four bedroom units. Each of the 10 condos is beautifully-designed and richly-appointed with the first class amenities one would expect at such a superb resort community. Featuring unique designs that are both attractive and functional, all units come with an assigned boat slip with quick access to the Gulf, as well as covered parking and expansive storage areas.

Tile floors and granite countertops add special touches of quality while the over-sized, open rooms with crown moldings and nine-foot ceilings offer plenty of windows to take full advantage of the wonderful vistas. In the kitchen are top-of-the-line GE Profile or equivalent appliances including microwave, self-cleaning oven, dishwasher and side-by-side refrigerator, as well as an undermount stainless steel sink. All condos have solid core interior doors, designer light fixtures, ceiling fans in living rooms and bedrooms and high quality faucets and plumbing fixtures.

Bathrooms feature framed vanity mirrors, a separate shower in the master baths, cultured marble vanity counter tops and tubs and raised height cabinets.

cape-san-blas-lots-aerial-1Located on the Florida panhandle, Mexico Beach is a community on the edge of the Gulf of Mexico but miles from anything else. Along this stretch of scenic Highway 98, there are no high-rises and no rush-hour; just breathtaking views of sea oats, white sand and the emerald Gulf water. You may stop for a family of beachgoers crossing the road, but never for traffic lights.

Visitors take part in swimming, kayaking, fishing, recreational diving, eco-tours or just plain old relaxing with a beach chair and a good book. When it comes to supper time, if you haven’t caught your own dinner, you can visit one of the many restaurants, either on the beach or across the street.

Nature lovers relish the bird watching and aquatic animals. Look for bald eagles in the winter months and loggerhead turtle hatchlings in the late summer. Dolphins dive through the waves all year long. Visitors can also explore the shops of Mexico Beach for souvenirs, artwork, antiques and fine clothing. For golf enthusiasts, St. Joseph’s Bay Country Club, just to the east of Port St. Joe, offers 18 holes of challenging play.

The 12 residential lots are on Cape San Blas which is located between Port St. Joe and Apalachicola and has been called one of America’s “Top 10 Beaches.” Several of the lots are located directly on the Gulf of Mexico amidst spectacular sand dunes and have breathtaking views of the aquamarine water that is unique to the Florida Panhandle.

“For someone looking for a good buy on a vacation get-away, business retreat or resort rental property, the condominiums and facilities at Tranquil Harbour offer an extraordinary opportunity to the discriminating buyer to purchase luxurious and picturesque accommodations on Florida’s Emerald Coast,” said William Bone, president of The National Auction Group, Inc.

The properties will be open for inspection by appointment beginning April 17th from 10 a.m. to 5 p.m. by calling 1-800-503-0010 or (256) 547-3434. Beginning April 17th, call on site at (256) 504-5201 and (256) 504-6858. Those bidding on the condominium units will be required to pay 10% on auction day and must have $5,000 in certified funds for each two bedroom unit; $10,000 for three-bedroom units and $15,000 for the four-bedroom units. The Gulf front and Gulf-view lots will require $5,000 each. The auction will take place at Tranquil Harbor which is located at 101 36th Street in Mexico Beach.

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1 Concerned Owner April 8, 2009 at 6:40 am

This is nothing but a LONG advertisement for National Auction Group, Inc. of Gadsden, Alabama, and it should be removed.


2 panama city beach resident April 8, 2009 at 8:58 pm

i agree with the concerned owner


3 Kirk Lancaster April 11, 2009 at 10:18 am

For many people, this would be an interesting article. There are readers of who are far away and dream of living in a place like this.

Just like any website, blog, magazine or newspaper, you do not have to read every article. Your anonymous, negative comments aren’t really needed.

I do not work for Jason or; I enjoy being a contributor to the discussion and thankful that Jason allows me to post my thoughts. This is one of the great things about a successful community website: it gives people a voice. And yes, if you work to provide any kind of valuable information about Panama City Beach, Jason allows contributors to promote their own services or company. So if you enjoy, live with it, and let Jason do anything he can to be successful and keep this thing growing.

And especially for you two, “panama city beach resident” and “Concerned Owner,” here’s MY plug for the day…

I need $4.90 from every reader:


4 Auction Buyer May 3, 2009 at 12:22 am

This was a disaster! The bank choked and ran from the sale on the 5th condo sold. Even funnier.. one of the bankers bid on a bottle of liquor to start the auction and bolted without paying for it. A real class act!! I wonder if any of the attendees will seek legal action? My guess is that people will fail to close on the 5 units sold.


5 Bubba May 3, 2009 at 9:56 pm

What did the 5 condos supposedly sell for? Did the bankers bail due to lack of interest???


6 Auction Buyer May 5, 2009 at 10:00 pm

The largest unit (4 bed) sold for $210K and was a piece of crap. The construction was borderline criminal.

The 2 bedrooms went for $160K and they had one taker who just wanted a boat slip.

The bankers ran because they way the auction was going. Unit 6 would have went for under $100K. My best guess is that they would have bottomed at $70K for the two bed units.

Fun thing was that State Troopers arrived as the bankers departed. Funny stuff


7 Beach Bum May 14, 2009 at 9:39 am

Who was the bank that was selling at this auction?


8 Inigo Jaldon August 18, 2010 at 12:27 am

Oh I think I will bid for the apartment… Any more details please?

mexico private beach condo


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