SOURCE: DeCaro Luxury Real Estate Auction

DeCaro Luxury Real Estate Auction

September 25, 2014 14:25 ET

DeCaro Luxury Real Estate Auctions Announces Dual Auction in Clearwater, Florida for Harbor Oaks Historic District Waterfront Homes

First Property for Auction on October 11th Is Tampa Bay's Priciest Estate

CLEARWATER, FL--(Marketwired - Sep 25, 2014) - DeCaro Luxury Real Estate Auctions has announced the auction of 800 & 802 Druid Road South, as well as the auction of 820 Druid Road South, on October 11, 2014 at 11:00 a.m. in Clearwater, Florida. The first luxury auction will include two connected estates known as Century Oaks, which are located on Clearwater Bay and will sell to the highest bidder with an $8.5 million reserve price. The second auction, which will take place immediately following the first, includes the neighboring waterfront home.

"This auction is game-changing for luxury homebuyers in the United States and abroad who want to own a true architectural masterpiece. Both properties being auctioned were developed in 1915 by New York real estate mogul, Dean Alvord, who transformed the entire waterfront area from an abandoned United States Army fort into a luxury oasis for the rich and famous," said Daniel DeCaro, DeCaro Luxury Real Estate Auctions Founder and Auctioneer. "The first property being auctioned, Century Oaks was actually Alvord's personal mansion, which he built with extra lavish finishes on the Bluffs of Clearwater. The home is by far the most prominent estate in the Tampa Bay Area, which past owners can attest to, including Formula One legend Nigel Mansell."

First Property for Auction - $8.5 Million Minimum Bid:

Century Oaks sits on 3.45 acres of lush green lawns dotted by palm trees, 500-year-old oak trees, fountains and manicured gardens. The compound comprises a main house and a north house; two in-ground swimming pools; regulation-size tennis and basketball courts; a historic bell tower and gazebo that overlook Clearwater Bay; and a private dock with several boat slips, a boat lift and Jet Ski lifts. Many of the original features and custom finishes have been retained throughout the estate, including the oversized wood moldings, Brazilian cherry wood floors and the elegant foyer with marble tiled floors and a winding staircase.

The main home, located at 802 Druid Road South, totals 23,919 square feet and includes 10 bedrooms, 15 full-bathrooms and 9 half-bathrooms. The home also features a formal living room with a gas fireplace; a formal dining room; a kitchen with butler and staff areas; two private guest wings; a theater room; a library; a music studio; a sun room; a trophy room; and a ballroom boasting three crystal chandeliers, 25-foot wood-beamed ceilings and a terrace that opens to an outdoor entertainment space.

The north house, located at 800 Druid Road South, totals 5,000 square feet and serves as a guest home, complete with four bedrooms, five full bathrooms and two half bathrooms. It also features a suite of offices, a full gym, a billiards room with a bar and music and sun rooms.

In addition, a carriage house at Century Oaks was converted into a five-car, air conditioned garage that was equipped with a hydraulic car lift to accommodate extra parking during events or guest stays.

Second Property for Auction:

The home that neighbors Century Oaks, 820 Druid Road South, totals 3,046 square feet and features three bedrooms, three full bathrooms, a fireplace, central air conditioning, an in-ground pool and a private dock with a boatlift. The lot, which sits high on a waterfront bluff, includes 1.04 sprawling acres of buildable land and offers direct views of Clearwater Bay.

Both properties available for auction are located in the Clearwater section of Pinellas County, Florida and are part of the Harbor Oaks Historic District, which was listed on the National Register of Historic Places in 1988. The homes on Druid Road South are also located blocks from downtown Clearwater and only thirty minutes from Tampa International Airport.

The properties are open for prospective buyers to view on Saturdays and Sundays, from 1:00 p.m. to 4:00 p.m. beginning Saturday, September 20, 2014. The last scheduled open house will be held the day before the auction on Friday, October 10, 2014 from 1:00 p.m. to 4:00 p.m. Both homes may also be shown by private appointment by contacting DeCaro Luxury Real Estate Auctions.

The auctions will be held onsite at 802 Druid Road South in Clearwater, Florida on Saturday, October 11 at 11:00 a.m. Broker participation is invited.

For additional information about this luxury auction or to set up a private appointment to tour either home please call 1.800.332.3767 or visit www.DeCaroAuctions.com.

About DeCaro Luxury Real Estate Auctions: Founded by Daniel DeCaro, a licensed real estate broker and luxury property auctioneer, DeCaro Luxury Real Estate Auctions has been auctioning luxury properties of distinction for more than 35 years. DeCaro has sold billions in luxury assets, executing flawless nationwide live auctions. DeCaro is the foremost leader and innovator in the field of auctioning luxury estates, yachts, and aircraft. For more information call 1.800.332.3767.

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