PRESS RELEASE

OCALA, Fla., Aug. 6 /PRNewswire/ -- A savvy developer with a sterling reputation is betting the live auction scheduled in Jacksonville, Florida on August 30 will present golden opportunities to expedite sales of the few homes remaining in several communities in the Sunshine State as well as neighboring Georgia. To up the ante, the live auction -- scheduled for 11:00 a.m. at the Crowne Plaza Jacksonville Riverfront Hotel -- will be augmented by an on-line version simultaneously over the Internet via www.BidSpotter.com. The hotel is located in the downtown section of the city at 1201 Riverplace Blvd.

Jim Watson, president of Watson Custom Home Builders in Jacksonville, FL, hired Tranzon Driggers -- specialists in accelerated marketing and auction sales of everything from prime real estate to oil rigs -- to organize the auction of 12 single-family homes. A private individual is also offering two townhouses.

Anyone who's always dreamed of owning a home on the water or within walking distance to the beach are prime candidates to register for this auction where the available single-family homes were last listed from $479,900 to $699,900 and the towns are listed at $899,900.

"We plan to sell, at the very minimum, three of them that day, so several families can be new homeowners practically on the spot, and the inclusion of an on-line component will make bidding very interesting, down to the wire," said Walt Driggers, president of Tranzon Driggers.

Stephen Williams, with The Edgewater Companies and listing broker for several of the properties, said several residences served as model homes and are "beautifully furnished, in proximity to very nice golf courses and desirable country clubs. If someone wants to buy them furnished, we can work out a deal."

               FLORIDA PROPERTIES:  12 SINGLES & TWO TOWNS
                      Fernandina Beach Family Living

Two three-bedroom, two-story homes are offered in the Fernandina Beach Waterway Oaks neighborhood of Oyster Bay Harbour, a first-class yachting community with 40'(approx.) - 65'(approx.) boat slips, tennis courts, nature trails, pool and clubhouse just minutes from scenic Fernandina Beach and Amelia Island and easy drives to metropolitan Jacksonville.

One has four baths and 3,127(approx.) sq. ft. The second is 3,039(approx.) sq. ft. with two-and-one-half baths. Both have a grand master suite with walk-in closets, large master bath with jetted garden tub and a walk-in shower. Family rooms have a fireplace, custom built-ins with media center. Additional features include a butler's pantry, three-car garage, covered porch and screen-enclosed lanai featuring a Summer Kitchen overlooking Egret Lake.

The Estates at North Hampton in Fernandina Beach offers a perfect combination of neighborhood and nature preserve, minutes from Amelia Island and an easy drive to Jacksonville. Amenities include the 18-hole Arnold Palmer signature design golf course, clubhouse, sport fields, playgrounds and aquatic center. The four-bedroom, three-bath home offered here served as a model and is one of the remaining homes in this Watson Custom Home subdivision. Professionally decorated -- with furnishings available to the winning bidder - - this stunning 3,564(approx.) sq. ft. two-story home has a master suite with sitting area and master bath, study, family room with fireplace, separate living room, dining room with chair rail and wainscoting, plus a second-story bonus room with wet bar and private covered balcony.

In the Marsh View Estates of North Hampton in Fernandina Beach there's another two-story home with four bedrooms, three baths, a three-car garage and 3,564(approx.) sq. ft. of living space. A spacious living room has a two-story ceiling; the family room has built-ins and a fireplace; and the formal dining room is complete with chair rail and wainscoting. The 88'(approx.) x 227'(approx.) x 108'(approx.) x 210'(approx.) lot has an automatic sprinkler system and covered rear porch with summer kitchen and gas grill.

Easy Living on the St. Johns River

Three homes are available in St. Johns Landing Estates, a gated boating community in the Arlington/Fort Caroline area. Community amenities include private boat dock, which provides access to the St. Johns River, pool, and Cabana Club. Two have three bedrooms and four baths and are a bit more than 3,000(approx.) sq. ft. One is on a cul-de-sac with waterways on two sides. Both have summer kitchens and lanais overlooking a deep-water canal. The third is a two-story 2,328(approx.) sq. ft. four bedroom, with three baths and a second-story bonus room with wet bar.

All have fireplaces and built-ins, master bedrooms with step ceilings and walk-in closets, three-car garages and spacious kitchens.

Custom-Built Jacksonville Beach Sanctuary

Inspired by Key West architecture, this custom-built Marina Cove sanctuary is a two-story, 2,923(approx.) sq. ft. home offering the perfect combination of beach lifestyle and living in solitude of a nature preserve. The three- bedroom home is an easy drive to the Intra-Coastal waterway, the beach, major golf courses and all of Jacksonville's amenities.

King of the Sea in Neptune Beach

Two 2,124(approx.) sq. ft. Key West-style homes with four bedrooms and two and a half baths, are up for auction in the Merimar section of Neptune Beach. On 88'(approx.) x 107'(approx.) landscaped, partially fenced lots with irrigation systems, the homes are within walking distance of the beach, ideal as vacation homes, rentals or corporate retreats.

Perfect for Retirement or Vacation: Atlantic Beach Towns

Million dollar homes surround these 3,296(approx.) sq. ft. townhouses in Atlantic Beach, to be auctioned individually or as a package. Ideal as a seasonal home or rental, the four-bedroom, four-bath townhouses are three-stories, with all the modern conveniences including elevator, NuTune sound system and intercom system. Townhouses have two-car garages and are just two blocks from the beach.

Georgia on My Mind

Two homes are up for auction in Osprey Cove, a gated, master-planned community located in St. Marys, a seaport town Money Magazine named among America's Top Places to Live Today. Located near the beach resorts of St. Simons Island, Jekyll Island and Amelia Island and within an hour's drive of Savannah and Jacksonville, Osprey Cove boasts a signature Mark McCumber 18-hole championship golf course, listed among Golfweek's Top 5 in Georgia. Other amenities include a clubhouse and private boat launch with deep-water access. The 3,580(approx.) sq. ft. and 3,439(approx.) sq. ft. homes have four bedrooms and three baths along with second-story bonus rooms and three-car garages.

Bidding Procedures

Interested bidders must register in advance and are required to bring cashier's checks in the amount of $10,000, plus be prepared to provide the balance of the 10% deposit by personal or business check, if they obtain the winning bid.

Contact Tranzon Driggers' Sharon H. Lefler, (352) 369-1047 or slefler@tranzon.com.

Tranzon Driggers is a full-service Ocala, FL real estate auction company and a member company of Tranzon, L.L.C. Visit www.tranzon.com.

Source: Tranzon Driggers

CONTACT: Sharon H. Lefler of Tranzon Driggers, +1-352-369-1047,
slefler@tranzon.com; or Liz Chuday for Tranzon Driggers, +1-410-464-1100