8 Lots in Golden Gate with Duplex – June 10th at 10 AM
June 10 @ 10:00 am – 11:00 am EDT
Real Estate Auction in Golden Gate
8 Lots with Large Duplex
Wednesday June 10th at 10 Am
Auction Address: 3137 SE Iris Street, Stuart Florida
“This property is ready for a new owner and ripe to be re-designed to your own duplex and the extra lots give the opportunity for additional units or storage. Golden Gate has a rich history and a lifestyle unique to the area.
Terms and Conditions
- Sells on an “AS IS” basis
- 10% buyer’s premium will be charged on all sales
- $10,000.00 cash or cashier’s check required to bid
- 10% deposit collected day of auction, balance at closing within 30 days of auction
- Possession with deed
- Owner title insurance to be provided by seller, all other closing costs shall be at the expense of the buyer
- Current year property taxes are pro-rated to the day of the auction
- Inspection by appointment, call or text KC Daniel 772.263.1565
- Bidder Information package available upon request
- Broker participation offered to qualified agents
- Auction conducted on-site rain or shine
Announcements at auction take precedent over printed material
History of the Area
Golden Gate was originally platted in 1911 by Henry Sewell and replatted in 1925. The current area in the Neighborhood Planning Area contains approximately 370 acres of land. The community is generally situated between the FEC railroad tracks on the west, a tributary of the St. Lucie River on the east, the Martin County Golf and Country Club on the north and the subdivision known as Stuart Yacht & Country Club on the south of 1929. After the recovery from the Great Depression in the early 1930’s, a few houses were constructed until the Second World War. Ultimately, the project was a real estate failure and the original developer went bankrupt by the end of the 1920’s. The area never developed until after World War II, and it was developed into both a single family and duplex community.
In the early stages of the subdivision’s development only a few streets were constructed. The area never had potable water, a sewer system or a comprehensive drainage system. Evergreen Avenue was one of the principal streets and today it contains some of the best examples of historic homes in the community. Other streets followed but the platted alleys were never constructed; nor were several of the north south streets.