ORLANDO—It's one of the last large development opportunities inCentral Florida's growing tourist corridor—and it's up for abankruptcy-court-ordered auction in August. The minimum bid on the225-acre Posner Park is $25.25 million.

Susan Morris and Nick Jones ofColliers International Central Florida, along withLarry Stockton and Michael Fay ofColliers International Miami, are facilitating thedisposition. Pursuant to the bankruptcy saleprocedures, final bids for prospective buyers are due by Aug. 4.The auction is scheduled for Aug. 12.

“We expect Posner Park to see a high level of interest,” saysJones. “With recent record-setting tourism numbers, a strong jobmarket and some of Central Florida's leading theme parks in theprocess of launching their biggest expansions in history, adistressed property in this location is going tobe a terrific purchase for the right buyer.”