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Local Deals, Steals, Foreclosures, Short Sales, Handyman Specials and more
I review & hand select only the best out of 10-20 new properties via MLS each day (for the past 7 years) and know the beachfront inventory well. This page contains the very best condo & home deals + foreclosures available in Miami Beach FL, South Beach FL, Sunny Isles Beach, North Bay Village, Bal Harbour real estate & Surfside. Below you will find links to Miami Beach Homes & Condominiums at excellent values in today's buyer's market.
Check back often for NEW Updates and NEW Deals Updated Weekly! These are what I believe to be the best deals along the Miami Beaches and many of which will sell fast! Notice the 'Status' in the upper left of each great Miami Beach and Sunny Isles Beach property. Multiple Offer Scenarios are now very common with an average discount of 9-11% off list price and bank owned (REO) condos many times selling above asking price at 100-103% of list.
Revised, Updated & Refreshed on JULY 30th, 2010 I'll be making NEW changes frequently including only the TOP Deals I expect to be in Pending Contract Status soon...
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$1M +
Icon Bank Owned REO 01 line $2.2M
Murano at Portofino 3BR Short Sale $2M
JADE Ocean 4BR E Line $1.9M
Turnberry Ocean Colony Penthouse 3601 Approved Short Sale
Caribbean 3BR 2326SF $1.725M
Jade Beach Furnished 4BR $1.640M
La Perla Penthouse 4BR $1.4M
North Miami Waterfront Home w/Waterfall $1.379M
MEI Finished 3BR Ocean View Condo $1.299M
Keystone Point Waterfront Single Family Deal $1.199M
Ocean Three Renovated 3BR $1.195M
Ocean 2 Flow Through 3BR $1.170M
Mosaic 3BR Ocean $1.099,900
Ocean Three 3BR $1.095M
Jade Beach finished 3BR $1.050M
6000 Indian Creek 3BR #19C $1.050M
Oceania 3BR Townhome $1.050M
$750k - $999,999
Ocean Two 3BR Flow Through $959k
Mosaic Miami Beach 3BR Ocean Views $949k
Pinnacle 3BR Ocean View $879k
The Townhomes at Sunset SoBe 4BR $875k
Oceania 3BR Ocean Views $865k
Trump Tower 3BR Ocean Views (raw) $795,490
$500 - $749,000
Ocean Four Approved Short Sale 2BR $700k
Oceania #2351 3BR $699k
Ocean Four 2BR $699k
Oceania 3BR w/Optional Boat Slip $659k
Aventura Marina 3BR Deal $650k (Boat Slip)
Oceania 2BR Penthouse $649k
La Perla Ocean View 2BR $640k
Aventura Marina VIEWS 3BR $635k
La Perla 2BR (3 Parking) $625k
Ocean Three 2BR $599,827
Hidden Bay 3BR (Water Views) $585k
Akoya 2BR Bank Owned $580k
Oceania III Ocean Views 2BR $560k
Oceania V 2BR Views $549,900
The Collins 2BR (Direct Ocean) $529k
Yacht Club at Portofino SSale 2BR Corner $525k
Ocean Three Bank Owned Deal $509,850
The Pinnacle 2BR Ocean view (S.Sale) $505k
$250 - $499,000
ONE Bal Harbour 1BR deal $450k
La Gorce Palace 2BR SSale $450k
Oceania V Renovated 3BR Deal $475k
Oceania III 2BR Ocean Vw. $459k
Oceania IV 2BR $436,600
MEI 1BR Condo Appr. S.Sale $400k
Surfside Tower 2BR Direct Ocean View $349k
REO at Blue Bay Tower 3BR $329k
Akoya Condo 1BR Ocean Views $329k
5600 Collins Bay Views 2BR $325k
Avanti 4 story Townhome SSale 4BR! $300k
5600 Collins Ave 2BR Bay Views $300k
Akoya 1BR Bank Owned $299,900
Bel Aire Oceanfront Bank Owned REO 1BR $299,900
Bay View Loft #206 $299k Short Sale Deal
Space01 Loft S.Sale $290k
The Pavilion 2BR facing Collins $289k
Regatta 2BR SSale $285k
OceanBlue REO Bank Owned 2BR $259,900
Space01 1800SF+ Loft over water $259k SSale
>$250,000
BayView Terrace Condo 1BR Short Sale MASSIVE Terrace $250k
La Gorce Palace REO Bank Owned 1BR $240k
Surfside 2BR SSale $239k
Space01 Bank Owned DEAL $246,820
Four Winds 2BR Ocean Vw. Corner $235k
Bayview Terrace Condo 5th Floor WATER $209,900
360 Condo Short Sale DEAL 1,520SF $199k
OceanView SIB Penthouse2 $189,900 Bank Owned REO
Ocean Blue 1BR Bank Owned REO $184,900
Ocean Blue 1BR Townhome SSale Approved! $180k
401 Blu Approved 2BR SSale $149,900
Oceanview 2BR Approved SSale $149,900
Kennedy House Corner 2BR Approved SSale $145k
Oceanview Condo Bank Owned 2BR $130k
Corner -Bay View- Island 1BR $107,500 Appr. SSale
Kennedy House REO Bank Owned 940SF 1 BR $89k
Island Point South 2BR low rise (SSale) $89k
Bayside SSale 1BR $87,500
Kennedy 1BR Bank Owned $79,900
Kennedy House Island Studio w/Views SSale Deal $70k
Miami Beach Vista Del Mar 1BR $32,900!
Check back regularly for daily updates on 2010 deals, repos & steals...
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Miami Beach Bank Owned (REO) Foreclosures
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Contact me directly for an advanced Foreclosure search of all Miami Beach properties! Looking for a Foreclosure connection? I've got the ability to search ALL (even non MLS) foreclosures... please understand there are in some cases better "deals" than foreclosures. I occassionally find seller's with more equity and priced more aggressive than the bank or the seller who has 2 to 3 other liens on their property! Ask me where the deals are or check back often on these hand selected "deals"...
PS. In 2005, this Deals & Repos page was difficult to keep up to date as properties sold within a few days. Throughout the market correction of 2006 and 2007 there was rarely a property here that went pending. In 2008 & 2009, we noticed many new deals plus multiple bids on REO's and other foreclosure "steals". 2010 may and should be the beginning of the end as stabilization occurs. Miami was the first to start the Nations real estate bubble and hopefully the first to end it. What we will find today are these hand selected "deals" selling at greater rates with pent up demand both foreign & domestic plus cash abundant.
PPS. Our Market Average Sale Price to List Price Ratio is at 91% with many new "deals" going under contract within the first week. Along the Beaches of Dade County, Inventory is slowly shrinking at 2-6% monthly... Now is a great time to buy if you love Miami and financing is needed. Get the approval letter before submitting offers and be prepared as banks will accept a lower offer as cash vs. financing. | |