Gulf Shores Condo Auction Results

Thirty-three spacious and brand new condominiums at Emerald Green condominiums adjacent to the nine-hole Golf Resort in Gulf Shores were sold Saturday May 22, 2010 at auction for a total price of $4,659,000. Each of the 142 registered bidders from 14 states and Canada was required to bring $5,000 in personal check, business check or certified funds per one bedroom unit. The two bedroom units required $10,000. For the three bedroom units the requirement was $15,000. The auction was conducted by The National Auction Group, Inc. of Gadsden, Alabama, specialists in the auction of quality, high-end properties.

Condo market is alive and well

"Once again this demonstrates that the condo market is alive and well on the Gulf…