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
🔨 Miami-Dade sale, Oct 13
19800 SW 180th Ave #61, Miami
Sold: $145,800
County appraiser value $214,254 (68% of county appraiser value)
Lender: PHH Mortgage
Buyer: Transport By Yaya Inc, beat the bank's max bid by $70
Case filed in 2014, 12 years to auction. 3 bed, built 1995 🏠
🚨 8300 NW 166, LLC files for chapter 11 to halt Miami Lakes property foreclosure
8300 NW 166, LLC
📊 Assets: $1M-$10M | Liabilities: $1M-$10M | Creditors: 1-49 | Industry: Lessors of Residential Buildings and Dwellings | District: Southern District of Florida
Chapter 11 – Filing Summary
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Southern District of Florida • October 26, 2026
8300 NW 166, LLC, a Miami Lakes, FL-based lessor of residential buildings and dwellings, filed for chapter 11 protection on October 26, 2026 in the Southern District of Florida.
The company currently manages a residential property portfolio and is navigating multiple foreclosure actions, including a judicial sale of its Miami Lakes property scheduled for October 26, 2026. Management is currently focused on restructuring secured debt obligations following the initiation of at least six concurrent foreclosure cases in Florida state courts.
Key Details
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– Minimum 6 residential units in property portfolio (2026) [Source: Miami-Dade County Judicial Sale Notices (2026)]
– 6+ concurrent foreclosure cases in Florida state court (2026) [Source: Eleventh Judicial Circuit of Florida Court Records (2026)]
– Primary operational hub located at 8300 NW 166th Terrace (2026) [Source: Dade Legals Public Records (2026)]
⚖️ Professionals
_____________________________________________
Debtor's Counsel: Law Office of Adam I. Skolnik, PA
#Bankruptcy #Chapter11 #LessorsOfResidentialBuildingsAndDwellings
*Data from court filings & verified sources. All sources should require independent verification. Not financial advice.
https://t.co/k8nzW5jIBP
🔨 Miami-Dade sale, Sep 28
400 SW 24th Rd, Miami
Sold: $1,950,200
County appraiser value $1,976,658 (99% of county appraiser value)
Lender: Wilmington Savings Fund
Buyer: Flower Of Life Investments LLC, beat the bank's max bid by ~$96
4 bed home, last sold 2022 for $1.95M 🏠
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 🔑
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 👀
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 🔑
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
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 🏠
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.
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 🏢
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 🔑
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 🔑
$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.
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.
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 🏠
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 🔑
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 🔑
@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 🏠
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.
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.
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
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 🏢
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 ...