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BID OPENING: ITB 2021-031 Sale of Surplus Real Property: 1825 Mainsail Dr., Naples, FL 34114

Bid opening will take place at the City Hall, first floor conference room.

Sealed bid proposals will be received by the City Clerk, City of Marco Island, 50 Bald Eagle Drive, Marco Island, Florida 34145, until 2:00 PM (EST) on September 2, 2021.

The subject surplus real property is located at 1825 Mainsail Dr., Naples, Collier County, Florida 34114; Tax ID 59430520004.

The minimum bid amount is $750,000.00. Any bids for less than the minimum bid amount will be considered counterproposals and will be deemed nonresponsive and rejected.

City of Marco Island

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*Assumes 2.799% APR, 20% down payment, and conforming 30-year fixed rate first mortgage on a single family, primary residence. The monthly payment you enter includes only principal and interest. Additional required amounts such as taxes, insurance, home owner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan based on the payment entered. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice.  **Posted APR is based on Mortgage Assumptions
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