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Category Archives: Foreclosures

Trey Songz Is Losing His Miami Condo To Foreclosure Over $1,700

It looks like Mr. Steal Your Girl needs to take a break and concentrate on becoming Mr. Pay Your Bills, because Trey Songz is about to make a big real estate mistake. After trying unsuccessfully to sell his Brickell Key condo, he has stopped paying the maintenance and is now faced with a foreclosure lawsuit from the private island’s master association over $1,700.

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Two REOs Hit the Market at Brickell on the River North Tower

Since yesterday, two REO condos at Brickell on the River North Tower have come onto the market. The first is a 3 bedroom/2.5 bath condo on the 35th floor with 1,513 square feet of interior.  The asking price is $ 314,000, or $208 per square foot.  The second condo, also located on the 35th floor, Read More

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Top 5 Distressed Condo Sales Closed in October 2010

Below, you will find what I believe to be the five best condo deals of the 71 distressed condo sales that closed in October 2010 in the MLS located in Brickell, Brickell Key, Downtown Miami and the Arts District.  This should give everyone a good idea of the kind of deals that can be obtained Read More

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Parc Lofts Foreclosure – $132,000

A 1,169 square foot foreclosure hit the market yesterday at Parc Lofts.  The bi-level loft has 20-foot ceilings, concrete floors and exposed piping and ductwork.  The unit comes equipped with stainless steel appliances, a stackable washer/dryer, one assigned parking space and a balcony.  The asking price is $132,000, or $113 per square foot.  The area Read More

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Short Sales 101

We get a lot of calls from people who are interested in buying a short sale condo but aren’t exactly sure what a short sale is or what the short sale process entails. On yesterday’s show we answer several frequently asked questions regarding short sales and also discuss how a short sale differs from a Read More

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Four Great Condo Foreclosure Deals on the Market Now

In this video segment, we highlight four condo foreclosure deals that are available at this time.  These condos reside at 900 Biscayne Bay, Blue Condominium, The Club at Brickell Bay and Icon South Beach.  Give us a call at 305-428-3860 if you would like to learn more about these opportunities or other foreclosure deals now on Read More

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$12.9M Penthouse Foreclosure at Santa Maria Hits the Market

Earlier this afternoon, a penthouse foreclosure at Santa Maria came onto the market with an asking price of $12.9M.  It’s a two story condo with 10,000 square feet of interior and has a rooftop terrace with a large hot tub. Update: As I was writing this blog post, I received word that the penthouse has Read More

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Atlantis on Brickell 3 Bedroom Condo Foreclosure

A 3 bedroom/3 bath condo foreclosure at Atlantis on Brickell came onto the market last Thursday.  It’s an 01 floor plan with 2,149 square feet of interior and a direct view of Biscayne Bay.  The condo came onto the market at an initial list price of $544,500, or $253 per square foot.  I visited the Read More

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