Watersedge at Harbortown to be Auctioned Nov. 10

Julian LeCraw & Co. Inc. announced plan to sell at auction nine of the 20 townhomes in the Watersedge at Harbortown project on November 10, 2007.

J.P. King Auction Co. will handle the auction for the developer. It will include six three-bedroom units, three four-bedroom units and nine 50-foot deep-water boat slips sold separately.

Julian LeCraw partner Steve Broome said the company hopes to attract buyers outside the market with the auction of the homes, which front the Intracoastal Waterway.

"We've been able to reach the local market with our previous marketing efforts, but we really haven't tapped the broader marketplace beyond that," Broome said. "By setting a date for the sale, we can cast a wider net."

The developer completed construction and began closing on units that include granite countertops, maple cabinetry, terraces, private courtyards, garden tubs, individual elevators and two-car garages in the first quarter 2007.

The auction will be held at the development on Riverview Drive beginning at 1 p.m.

Source: Jacksonville Business Journal