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Investor Turns to Auction to Sell Homes and Home Site.


DESTIN, Fla. -- Three homes (two waterfront) and a waterfront home site will sell at auction on Saturday, Nov. 11, with J.P. King Auction Company managing the sale. The auction will begin at 3 p.m.

"Most of these properties are located right on the Destin's canals, where you can park your boat and use it for fishing or for day-to-day transportation around the area," said Craig King Craig Anthony King (b. 16 March, 1984) in Perth. He is an Australian cricketer who plays for the Western Warriors. , president of J.P. King.

The properties being sold will include:

* A canal-front luxury home at 527 Vera Cruz Drive, Destin, with its own pool, hot tub and private dock with a jet-ski lift.

* A home at 3595 Waverly Circle, Destin, in the Destin Pointe pointe  
n.
In ballet, dancing that is performed on the tips of the toes.



[From French pointe (des pieds), point (of the feet), tiptoe; see point.]
 community, with a private heated pool. The home has been used for vacation rentals Vacation rental is a term in the travel industry meaning renting out a furnished apartment or house on a temporary basis to tourists as an alternative to a hotel. Vacation rentals are becoming increasingly popular in Europe (especially in the UK) as well as in Canada.  at up to $500 per night.

* A six-bedroom luxury waterfront home at 518 Osceola Drive, Destin, with a private pool and two boat slips - one with a lift.

* A waterfront home site on Choctaw Road in Holiday Isle with approximately 90 feet of water frontage.

The homes on Waverly Circle and Osceola Drive will sell at absolute auction, meaning they will go to the highest bidder HIGHEST BIDDER, contracts. He who, at an auction, offers the greatest price for the property sold.
     2. The highest bidder is entitled to have the article sold at his bid, provided there has been no unfairness on his part.
 with no minimum or reserve, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 King.

Individuals seeking additional information about the auction may contact J.P. King at 800.558.5464 or visit the company's web site at www.jpking.com.

J.P. King, headquartered in Gadsden, Ala., is the nation's leading auction marketing firm specializing in high-value real estate, including luxury homes, home sites, condominiums, ranches and land. Recent sales have included waterfront luxury homes in Ponte Vedra and St. Augustine, home sites on Lake Okeechobee Noun 1. Lake Okeechobee - a lake in southeast Florida to the north of the Everglades
Okeechobee

Everglade State, FL, Florida, Sunshine State - a state in southeastern United States between the Atlantic and the Gulf of Mexico; one of the Confederate states
, two ranches in Colorado, and condominiums in Wisconsin and Texas.
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Publication:Business Wire
Date:Oct 17, 2006
Words:283
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