Beachfront mansion sells for $1.9 million

PONTE VEDRA, FL - Retired Merrill-Lynch executive Chuck Humm’s beachfront mansion scheduled for auction on Friday has been sold prior to auction for $1.9 million.

“While we normally sell properties at auction, we had a situation in which the buyer preferred to pre-empt the auction event itself and make an offer that was acceptable to Mr. Humm,” said Craig King, president of J.P. King. “This happens on occasion, and we’re delighted we were able to get a positive outcome for our seller,” he said.

Humm said he was pleased with the outcome. “I was excited about the auction process itself, but the goal is to get the home sold, and we accomplished that,” said Humm, former vice president of sales and marketing for Merrill-Lynch Credit Corp.

The home is located on the Atlantic Ocean, sheltered by the Guana Tolomato Matanzas National Estuarine Research Preserve.

Recent Headlines

J.P. King Auction Company Continues Florida Success with Steinhatchee Resort Auction
Scott King awarded ATS designation from National Auctioneers Association
All Sold! J.P. King Auction Company Sells TVA Kingston Waterfront Properties
J.P. King Auction Company Sells Heath Shuler’s Mountain Estate for $1.54 Million
Magdalena Palace model Devault Manor to Auction J.P. King Auction Company to Auction Unique Johnson City, TN Estate
Health Shuler’s Mountain Estate to Auction
TVA Retains J.P. King Auction Company to Sell Kingston Waterfront Properties
J. P. King sells another luxury waterfront home and continues its total sellout in the Carolinas in recent months.
J.P. King Auction Company Auctions Scenic Calabria Ranch Estate Homes for $3.11 Million
J.P. King Auction Company Takes Calabria Ranch Estate Homes to Auction
J.P. King Auction Company Announces Historic Tapoco Lodge and Two Waterfront North Carolina Properties Auction for more than $4 Million
J.P. King Auction Company to Auction Historic Tapoco Lodge in North Carolina
Mountain Masterpiece Estate Auctions for $1.072 Million
J. P. King Auction Company Sells Peters Township Home for $3.44 Million
Prime Location 390 Acre Development Land with Montgomery Motorsports Park to Sell at Absolute Auction


Copyright © 2016 J. P. King Auction Company, Inc
Auction Information Center 800.558.5464 • Corporate Office 800.662.5464 • Fax 256.543.8036
Privacy Policy