Tallahassee's most prestigious downtown condo goes on the auction block

Tallahassee's most prestigious downtown condo goes on the auction block this month. Being offered at auction  is a 1 bedroom,1-1/2 bath condo in the downtown Tennyson Condo located at 121 N. Monroe, Tallahassee, FL.

The unit includes great vistas from the 7th floor balcony which includes views of the downtown chain of City Parks.  The unit with it's included secure, covered parking space is within walking distance of the Federal Court Building, the State Capitol and the Leon and City of Tallahassee government and Court buildings.

The auction method of sale is being conducted by  Tallahassee / Crawfordville’s Abal Auction Real Estate.  The Abal Auction team is offering the condo for auction on it’s online timed bidding platform. The bidding platform can be accessed from the auction company’s website at www.abalauction.com. The website contains a complete bidder information package. The package includes all necessary disclosure documents and contains a PDF of local lenders interested in loaning on the property. Photographs and video information is also available. The auction company has set up a special facebook page to convey information and includes a link to the bidder platform at Facebook.com/abalauction. Quoted regarding the property was Dr. Joe Abal, Fl licensed Auctioneer and Broker, “ what a great property, super location with easy access to a variety of state, local and federal offices and within walking distance of the State Capitol, “ this property lends itself to great convenient city living or a great investment opportunity for the shrewd investor.” Abal further stated, “ some of Tallahassee’s best lunch and dinner restaurants are within a block or two”.

Abal Auction, long known for it’s rigorous bidder package, has the condo’s complete PDF printable file of legal descriptions, homeowners association documents and 100’s of photo on their website. The unit is being sold unfurnished but does include heavy appliances. The interior is done with accent touches of granite and tile. The current owner has used the unit as an investment and leased the unit.  The owner has selected the auction method of sale to produce a quick sale without finance contingencies.. Several local lenders have expressed an interest to loan mortgage money on the sale and their information, with contact details, is listed on the disclosure documents.

The Abal team has stressed that the owner is retiring from several business investments and the property is not a distressed sale or foreclosure sale.  

Bidding ends October 11th at 10:00 A.M.  Additional information can be viewed at Facebook.com/abalauction. The firm’s progressive Facebook page is used for auction listings and updates.

The Abal Auction Real Estate team can be reached at Joe@abalauction.com or (850) 510-2501.