City of Sebastian MyVendorLink #26-01-ITB

Sale of Surplus Land - Bailey Drive, Sebastian, FL 32958

The City of Sebastian, Florida, conducted a public sale of city-owned surplus land located at Bailey Drive, Sebastian, FL 32958. The property, approximately 0.68 acres (Tax ID: 31391800001000100002.0, Property ID: 33198), was offered with a minimum bid of $165,000 based on an appraisal. The sale was an all-cash transaction, with the winning bid of $166,000 submitted by Spirit of Sebastian, LLC. The sale included specific contractual requirements such as bid security equal to 10% of the bid amount, and the property was sold 'As-Is' with no warranties. The procurement process involved an invitation to bid, bid opening, and a subsequent award, with the award pending approval by the City Council. The buyer, Spirit of Sebastian, LLC, was awarded the contract following the bid evaluation and notice of intent to award. The transaction was managed by Jessica Graham, CPPB, Procurement Manager, and the property is located in Indian River County, Florida.

Description

Public sale of city-owned surplus land located at Bailey Drive, Sebastian, FL 32958, approximately 0.68 acres, Tax I.D. No.: 31391800001000100002.0, Prop ID 33198. Minimum bid was $165,000. Awarded to Spirit of Sebastian, LLC with a bid amount of $166,000.

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