SoFlo Auction Board

Every foreclosure auction sale in Miami-Dade, Broward & Palm Beach: what sold, who bought it, for how much. Daily results + weekly top buyers.

[SoFlo Auction Board @SoFloAuctions]

Miami-Dade foreclosure auctions this week: 17 sales, $7.27M 🌴 7 went to investors, 10 back to the bank. Biggest: 4150 Park Ave in the Grove, $1.7M on 10/19 to the bank. Top investor: Maer Mori Ben-nissan, 1500 Ocean Dr #1201, $1M vs $3M market value. https://t.co/Ce6YlAcdPP

[SoFlo Auction Board @SoFloAuctions]

Bidding ran ~$187K past the judgment 🏠 Rivero 913 LLC took 11072 SW 221st Ter in Miami for $350,100 at the 10/5 Miami-Dade sale. Nearby sales suggest $359K–$532K. Educational Federal Credit Union was the lender. Their 2nd win of 2026. 3/2, 1,221 sq ft, same owner since 1998 🔑

[SoFlo Auction Board @SoFloAuctions]

@PropHunterB 🧠

[SoFlo Auction Board @SoFloAuctions]

Sold for 18% of value? Here's the catch 👇
5471 SW 144th Ave went for $125.5K on 10/19, but plaintiffs were foreclosing a private 2nd mortgage. The 2007 1st mortgage survives and is in its own foreclosure. Real cost: $125.5K + that payoff + arrears. Pre-sale lien reports soon 👀

[SoFlo Auction Board @SoFloAuctions]

West Kendall 4/2 went for 18% of market value 😳 Deed 2 Key LLC took 5471 SW 144th Ave at the 10/19 Miami-Dade sale for $125,500 ($119,721 judgment). Market value ~$705K. Plaintiff: 3 individuals, not a bank. Won by $76 over the plaintiff's max bid. 1,793 sq ft 🔑

[SoFlo Auction Board @SoFloAuctions]

Good roundup. One thing that never makes the weekly news: in Broward, third-party bidders have won more condos (180) than single-family homes (153) at foreclosure auctions this year 🏢 We track every sale at https://t.co/TXh5W7QNOO

[South Florida Business Journal @SFBJNews]

This week's real estate news in South Florida. https://t.co/XTMIoFI7ur

[SoFlo Auction Board @SoFloAuctions]

Starter homes are already changing hands on the courthouse steps. Third-party bidders have won 312 single-family homes at Miami-Dade + Broward foreclosure auctions so far in 2026, and 195 of them went for under $400K 🏠

[Jeff Brandes @JeffreyBrandes]

Amendment 3: The War on Starter Homes Nobody Saw Coming

I’ve spent a lot of time studying Florida’s housing market, and I see a perfect storm forming.

An aging population. A coming wave of older homes entering the market. Builders offering incentives existing homeowners can’t match. Rising insurance and ownership costs. And first-time buyers increasingly priced out.

Now add Amendment 3.

It could push home prices higher as tax savings get capitalized into property values, without adding a single home to the market.

But here’s the unintended consequence nobody is talking about.

Florida says it wants more starter homes. Amendment 3 could give local governments a financial incentive to approve fewer of them.

The $250,000 non-school homestead exemption will be indexed to inflation, eventually exceeding $300,000. That means many starter homes could generate little or no municipal property tax revenue while still requiring police, fire, roads, and other services.

We’re asking communities to build more affordable housing while potentially making those homes less financially attractive to approve.

Making homes cheaper to own doesn’t necessarily make them cheaper to buy. And making starter homes a fiscal liability won’t help us build more of them.

Read the full thread. This is about much more than property taxes.

[SoFlo Auction Board @SoFloAuctions]

Losing a $1.65M deposit on a condo that never got built is brutal 😬 Finished Boca units hit the courthouse steps too: 16 Boca Raton condos went to third-party bidders at foreclosure auctions this year, the priciest a 2-bed at 600 S Ocean Blvd for $658,200 in August 🏢

[Vishal Vishwakarma @VishalVishwkrm]

Florida condo nightmare! Buyers like Nilesh Undavia lose $1.65M deposits on unfinished Boca Raton luxury condos amidst a $418M foreclosure suit. #FloridaRealEstate #CondoCrisis #BocaRaton

[SoFlo Auction Board @SoFloAuctions]

Richmond Heights 2/1 went for 68% of market value 🏡 Victoria Easy Life LLC took 14200 Madison St at the 10/19 Miami-Dade sale for $303,000 ($135,500 judgment). Market value ~$447K. Lender: NewRez. Buyer's 2nd win this month on our board. Built 1954 🔑

[SoFlo Auction Board @SoFloAuctions]

North Miami-Dade 4/2 went for $411,100 🏡 Luis Gonzalez Blanche took 19661 NE 11th Pl at the 10/5 Miami-Dade sale ($290,637 judgment). Nearby sales suggest $432K–$601K. Lender: AmeriHome Mortgage. Buyer's 2nd 2026 win on our board. Built 1958, 1,436 sq ft 🔑

[SoFlo Auction Board @SoFloAuctions]

$1.35M cut and it's still $4.25M 😅 Different universe from the courthouse steps. The priciest Miami-Dade condo a third-party bidder won at a foreclosure auction this year was 17875 Collins Ave #1203 in Sunny Isles: $1.92M on 2/17 for a 2-bed.

[LuxuryPriceDrops.com @panicsellingxyz]

The Cipriani family's Mr. C Residences in Coconut Grove: a corner condo there is now $1.35M cheaper.

📍 2678 Tigertail Ave, Apt 2006, Miami

🛏️ 3 bed · 2,058 sqft · bay views

📉 Was $5.6M → Now $4.25M (−24.1%)

Full price history and every photo on Luxury Price Drops.

[SoFlo Auction Board @SoFloAuctions]

Mansion money is one thing. At Miami-Dade foreclosure auctions, the priciest house a third-party bidder won this year was 400 SW 24th Rd in Miami: $1,950,200 on 9/28 for a 4-bed, 3,991 sq ft home 🏠

[PowerVault Network @powervaultnet]

Swae Lee just put his Miami mansion on the market. Is hip hop’s real estate flip game stronger than ever, or just a flex? 🤔 #HipHopRealEstate

[SoFlo Auction Board @SoFloAuctions]

South Miami 3/1 went for $450,200 🏡 Villavicencio Property Solutions took 6001 SW 66th St at the 10/13 Miami-Dade sale, on a $175,615 judgment. Nearby sales suggest $623K–$789K. Lender: Habitat for Humanity of Greater Miami. Buyer's 2nd 2026 win on our board. 1,118 sq ft 🔑

[SoFlo Auction Board @SoFloAuctions]

Homestead 4/2 went for $386,000 🏡 Your Dream Home Investments & EZ Property Acquisitions took 14502 SW 301st Ter at the 10/13 Miami-Dade sale ($106,341 judgment). Nearby sales suggest $386K–$503K. Lender: Bank of New York Mellon. The pair's 6th win of 2026. 1,545 sq ft 🔑

[SoFlo Auction Board @SoFloAuctions]

@LoriCitti Boat show week always brings the waterfront crowd out ⛵ Funny contrast: the priciest Fort Lauderdale house a third-party bidder won at a foreclosure auction this year went for $654K, a 2-bed on NE 35th Dr back in January 🏠

[SoFlo Auction Board @SoFloAuctions]

Miami condo drama never takes a day off 😅 And it's not just short-term rental fights. 64 condos with a Miami address have gone to third-party bidders at foreclosure auctions so far this year.

[𝙵𝚛𝚘𝚗𝚝 𝙿𝚊𝚐𝚎𝚜 𝚃𝚘𝚍𝚊𝚢 📰 @ukpapers]

🇺🇸 City of Miami cites 'Animal House' condo for operating as illegal hotel

▫@lrobertsonmiami
▫https://t.co/QAtYdBJvq4

@MiamiHerald #frontpagestoday #USA

[SoFlo Auction Board @SoFloAuctions]

Selling 16% faster on the retail side. The courthouse side is busy too: Palm Beach County has 29 foreclosure auctions on the calendar this week and 137 through Nov 19 👀 Plenty get canceled or redeemed before sale day, but it's worth watching.

[d.T. @DarrylThomasRE]

Palm Beach County housing update:

📈 Typical home ~$656K, up 7%
⚡ Selling 16% faster
🤝 ~5% under asking
💎 21 homes sold for $30M+

Buying or selling? Let's talk.
https://t.co/i7GHyuA5bU | Anchors Realty Global

#PalmBeachRealEstate #HousingMarket

[SoFlo Auction Board @SoFloAuctions]

Condo pressure shows up at the auctions too. 303 of the 741 properties investors won at Miami-Dade + Broward foreclosure auctions so far in 2026 were condos (41%), at a median winning bid of $72,600 🏢

[Kathleen Comerford | The Comerford Group FL @ComerfordGroup]

New Condo Regulations Spur Investment and Protect Buyers in South Florida and Beyond
In the wake of the 2021 Surfside tragedy, South Florida has seen important new condo regulations introduced to strengthen buyer protections and encourage responsible investment. These updated ...

[SoFlo Auction Board @SoFloAuctions]

@Realtor_SouthFL 94 closings over $3M in one month is wild 🔥 The courthouse side is a different world. The priciest house a third-party bidder won at a Palm Beach County foreclosure auction this year was a Highland Beach single-family at $2.02M.

[SoFlo Auction Board @SoFloAuctions]

Hialeah 3/2 went for 73% of market value 🏡 Bluestone Residential Fund I took 8155 NW 201st St for $469,100 at the 10/5 Miami-Dade sale. Market value ~$643K, on a $360,284 judgment. Lender: BNY Mellon Trust (trustee). Bluestone's only 2026 win on our board. Built 1991 🔑

[SoFlo Auction Board @SoFloAuctions]

One Fort Lauderdale building for $160M. At Broward's foreclosure auctions, investors have won 45 Fort Lauderdale properties in all of 2026 for $9.72M total, about 6% of that one deal 🏢

[Bitcoin News @BitcoinNewsCom]

GRANT CARDONE: "THE BIGGEST LOOPHOLE LEFT IN AMERICA IS REAL ESTATE"

Cardone says he's buying a 350-unit Fort Lauderdale property worth $210 million for $160 million, and expects "probably a $40 million tax write off."

Then he stacks Bitcoin on top: "I get the Bitcoin and I get the real estate."

Full interview: https://t.co/A4QbcjSjap