Condo auction attracts many bidders

Tampa Bay Business Journal - Monday December 11, 2006.

Forty condominium units at The Hamptons at Tampa Palms were sold at a public auction over the past weekend, at an average price of $148,000 a unit.

J.P. King Auction Co. of Gadsden, Ala., managed the sale of the units, which were among the most expensive converted apartments in the Tampa Bay area. The auction attracted 171 bidders from 15 states as far away as Minnesota, Nevada and California.

The sale disposed of 20 two-bedroom units, 15 three-bedroom units and five one-bedroom units, at a total price of just above $5.9 million, a J.P. King spokesman said.


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