After selling two 3 bedroom and two 2 bedroom condos, the Marina Landing auction was canceled.
The anticipated selling prices were surely higher than what the market was commanding right now.
The place was packed – over 500 people were crowded outside in various locations on a balcony and downstairs around the auctioneer. The event was outside, so everyone was sweating in the 90+ degree heat and fighting for a spot in the shade. All of the seats were taken and people were standing wherever they could hear and be seen. The parking lot was so full that parking was bleeding into the Woodlawn subdivision. People were hiking across the field.
Check after the break for the SOLD prices.
Marina Landing, a new condo development at the foot of the Hathaway Bridge in Panama City Beach will be auctioning off 25 new condos Thursday June 26th, 2008.
PCBDaily 