Point Lot Waterfront Estate in Vero Beach, Florida Heads To Luxury Auction

Platinum Luxury Auctions Prepares to Sell 6th Consecutive Vero Property on May 30th

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May 01, 2015, 09:15 ET

VERO BEACH, Fla., May 1, 2015 /PRNewswire/ -- Platinum Luxury Auctions, an international auction firm focused on the non-distressed, auction sale of multimillion-dollar properties, has announced the upcoming auction of a point-lot compound in Vero Beach, Florida. Located within Vero's exclusive Moorings community, the property was recently offered for $2.75 million, but will now be sold to the highest bidder at or above the auction's reserve price of only $1.25 million. Platinum was hired by the property owner to exclusively handle the transaction, which is scheduled for sale on May 30th, 2015.

This deep-water dockage, point lot property will be sold at auction by Platinum Luxury Auctions on May 30, 2015. The estate offers 420 feet of water frontage and 1.28 acres, and is located within The Moorings community of Vero Beach, Florida. Details at www.VeroBeachLuxuryAuction.com.

The estate's main residence offers 3,600 interior square feet, with 4 bedrooms and 5 baths, while a separate utility house adds 700 additional square feet and 1 half bath. The home's open floor plan was thoughtfully designed to allow the subtle breezes from the Intracoastal Waterway to flow across the property, especially when opening one of the many water-facing, sliding glass doors.

The most alluring feature of the property is certainly its lot size and water frontage. Boasting approximately 1.28 acres and 420 feet of linear frontage, the property is reportedly the largest waterfront parcel that is available in the Moorings, a community known for it's boating and waterfront lifestyle.

The property's concrete sea wall features three docks in total: two large docks, suited for an 80-foot and a 100-foot yacht, and a third floating dock. There are also two additional boatlifts for smaller watercraft.

"I expect the yacht enthusiasts to seize this opportunity," noted Trayor Lesnock, Platinum's president and founder. "With dual yacht dockage and a point lot location within one of Vero Beach's most desirable, boating-centric communities, this is a hard deal to ignore for any serious boater."

Additional property amenities include an expansive outdoor patio and screened pool, with panoramic views of the surrounding waterway, an oversized, two-car garage, extensive landscaping, and a commercial-grade corrugated roof, installed in 2003.

The Moorings is one of Vero Beach's premier boating, golfing and tennis communities. Residents have access to The Moorings Yacht and Country Club, which offers everything from a spa, clubhouse and private beach, to tennis courts and a 6,500-square-foot fitness center. Stretching over 500 acres from the Atlantic Ocean to the Intracoastal Waterway, The Moorings is an ideal community for yachtsmen, with its large yacht basin and frequent nautical events and social functions. The community is also home to world-renowned designer Pete Dye's executive golf course, one of a few courses in the world where the entire front nine holes are surrounded by water.

Beginning April 27th, property previews will be held by appointment every Thursday through Sunday, between 12pm and 5pm, until auction day. Interested parties may visit VeroBeachLuxuryAuction.com or call 1-800-286-0374 for additional details.

About Platinum Luxury Auctions

Platinum Luxury Auctions is a vaunted auction firm specializing in the non-distressed sale of multimillion-dollar properties nationwide. The firm's principals have closed more than $386 million in luxury real estate auction sales, and have consulted on more than $1.35 billion in additional luxury properties. Platinum is responsible for developing the luxury auction^SM concept for the real estate auction industry.

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SOURCE Platinum Luxury Auctions LLC