Luxury Residence in the Exclusive Bear's Club in Jupiter, Florida to Sell Through Concierge Auctions With No Minimum Bid Required to Participate

JUPITER, Fla., Feb. 29, 2012 /PRNewswire/ -- La Casa Toscana, a custom residence in The Bear's Club, a premier, Jack Nicklaus-developed golf community in Jupiter, Florida, will now sell at auction with no minimum bid required to participate on March 12th. Originally listed for $11.95 million, the auction will be conducted by Concierge Auctions in cooperation with The Bear's Club Sotheby's International Realty.

Located on a choice, central corridor lakefront lot at 148 Bear's Club Drive, La Casa Toscana offers 18,000 total square feet and includes nine bedrooms, eleven full and two powder bathrooms, gym, theatre, his/her offices, resort-style pool and extensive outdoor entertainment areas. A complete furnishings package and membership to The Bear's Club are also available for purchase.

"The seller has adjusted the auction to a no minimum bid format in order to allow anyone interested to become involved — regardless of their bid amount — and truly determine market value on auction day," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "This is a rare opportunity for one lucky buyer to live in one of the finest golf communities in the nation for a great value. The best names in golf are currently in the area for the Honda Classic. We urge them and others interested to stop by and view La Casa Toscana, as it won't be available for long."

The auction will be conducted on March 12th. A 2.5% commission is offered to the buyer's representing broker. The property is available daily for preview by appointment between 11am and 2pm. For more information visit www.BearsClubAuction.com or call 877-472-3686.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide through an accelerated marketing process that obtains fair market value for high-end properties in a 60-day timeframe. As a preferred auction partner to Sotheby's International Realty® and other luxury brokerage firms nationwide, the company has executed auctions from New York to Hawaii and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all 50 states and 38 countries and territories.  The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury real estate sales over the past 10 years.  For more information, call 888-966-4759 or visit www.ConciergeAuctions.com.

SOURCE Concierge Auctions