Max Spann to Auction 9 Luxury Bayfront Homes in Ocean City

January 22, 2010 - (RealEstateRama) — It may still be winter in Northeast, but it’s not too early to be thinking about a vacation home in Ocean City. With minimum bids starting at $95,000 on luxury bayfront condominiums with original asking prices as high as $730,000, now is the perfect time to buy a premium home in Maryland’s renowned beach resort.

Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled a Builder’s Close-Out auction on Saturday, Feb. 27 1 p.m. at the Loews Annapolis Hotel, 126 West Street, Annapolis, Md.

On the block will be nine bayfront condominium units in the newly constructed Bahia Vista I on the bayside. The units feature private balconies with extraordinary views.

“This is truly a one of a kind home that offers so much in the way of amenities,” said Max Spann, Jr., the auctioneer. “It’s a rare opportunity to find homes like this at with bids starting at such an affordable level. Don’t let this opportunity pass by. I strongly urge those who’ve dreamed of owning a property in Ocean City to come to one of our previews.”

Spann said preview dates are scheduled from noon-2 p.m. on Saturday, Feb. 6, Saturday, Feb. 13 and Saturday Feb. 20. The property is located at 1005 Edgewater Avenue.

Bahia Vista I offers all the amenities discriminating buyers would expect in a luxury vacation home. The units feature designer kitchen cabinets with Corian countertops, a G.E. stainless steel appliance package, a full size washer and dryer and a gas fireplace with custom, built-in entertainment shelf. Bathrooms feature designer cabinets with cultured marble tops. Master baths have whirlpool tubs and ceramic tile showers. Boat slips are available.

Ocean City features 10 miles of free beaches, outlet shopping, a world-famous boardwalk, liver entertainment and dining choices from down-home cooking to haute cuisine.

Spann said Bahia Vista I was conceived and approved for construction at time when the real market was much stronger.

“The economic slowdown has created unique opportunity, as luxury vacation condos are now being auctioned at prices that are affordable to a larger group of prospective buyers,” Spann said. “With historically low interest rates and auction prices, now is the perfect time for buyers to capitalize on this open window of opportunity.”

To take the next step, call 888-299-1438 for the property information package. Preview the property at one of the open houses, attend the auction and bid. Online bidding will also be made available at www.maxspann.com.

For more information about this and future auctions, visit maxspann.com, become a Max Spann fan on Facebook.com/MaxSpann and follow the auctioneer on Twitter.com/MaxSpann.

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