Foreclosures and Short Sales in Miami Beach and South Beach Luxury Condos

I’ve done a round-up of all the short-sales, foreclosures, and bank-owned luxury condos in Miami Beach.  I’m sure there are more, but not all of these types of properties get listed in the MLS, which is what I’m using for my source.

First off, AQUA Allison Island Condos has four units available for sale:

  1. 6103 Aqua Avenue #201 – 1/1.5, 1380 sf, $369,000
  2. 6103 Aqua Avenue #901 – 4/4.5, 2766 sf, $1,200,000 (no balcony)
  3. 6103 Aqua Avenue #704 – 3/3.5, 2203 sf, $970,000
  4. 6103 Aqua Avenue #601 – 3/3.5, 2203 sf, $899,900

Next, Murano Grande in South Beach, has three condos listed for sale:

  1. 400 Alton Road #2309 – 2/2, 1437 sf,  $874,900
  2. 400 Alton Road #2209 – 2/2, 1437 sf, $850,000
  3. 400 Alton Road #605 – 2/2, 1437 sf, $850,000

The Green Diamond Condo in Millionaires’ Row has two units:

  1. 4775 Collins Avenue #1804 – 2/2 + den, 1550 sf, 2 parking spaces, $765,000
  2. 4775 Collins Avenue #1505 – 2/2, 1380 sf, $750,000

Bel Aire on the Ocean in North Beach has one unit:

  1. 6515 Collins Avenue #703 – 2/2, 1126 sf, $630,900 

6000 Indian Creek in Millionaires’ Row:

  1. 6000 Indian Creek #1801 – 2/2, 1300 sf, $650,000  

Oceanside Plaza in Millionaires’ Row:

  1. 5555 Collins Avenue #16Y – 2/2, 1350 sf, $470,000

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  • Julian

    Kevin – do any of these qualify as good deals? How far off 2002/2003 pricing are they (30%?)

  • caroline carrara

    Kevin, have you tried IMAPP? It is great and shows you all the foreclosures and liens…it is updated every 7 days from miamidade.gov.

  • http://www.curriproperties.net/Melbourne-Luxury-Homes-For-Sale-6-159.htmlCommercial-Real-Estate-Investments-6-101.html Melbourne homes for sale

    Wow surprised to see South Beach in this group. I always thought that was a affluent neighborhood and not subject to the ARM but maybe just people wanting to move.

  • http://www.caribecovedirect.com Lisa

    Yes I’d also like to know how far off 2003 pricing these are.

    Thanks.