While we strive for accuracy, the availability of foreclosure properties listed on our site is not guaranteed due to ever-changing market conditions. We invite you to explore other categories, including pre-foreclosures, offering valuable real estate investment opportunities.
Start by searching for available pre-foreclosure properties in your area. These properties aren't usually listed for sale, which means there's less competition from other buyers. Additionally, pre-foreclosures are often sold below market rate, making them great real estate deals. Don't miss out on this opportunity to get a great deal on a foreclosed property
Little Havana: Foreclosure opportunities are abundant in Little Havana; it is known for its immense cultural heritage and vibrant atmosphere. It is an attractive area to live in due to its historic homes and proximity to downtown Miami.
Allapattah: The affordability and central location of this up-and-coming neighborhood have made it the focus of increasing interest. The foreclosures in Allapattah can be good investments because the area is being redeveloped now.
Liberty City: For ongoing community redevelopment efforts and a sense of community, think Liberty City. This area is perfect to find foreclosures for those who have been searching for an investment opportunity.
Overtown: Near downtown Miami, offers several foreclosure properties for sale. In this central location that is constantly being improved upon, investors and home buyers seeking urban living will see great potential in buying a home here.
Little Haiti: Has a strong cultural life as well as tight community bonds. There are many appealing features about this neighborhood, the foreclosure properties available here has great potential to be appreciated in time.
Median Price (12 Mo): $585,000
Median Single-Family Price: $650,000
Median Townhouse Price: $425,000
Median 2-Bedroom Price: $425,000
Median 1-Bedroom Price: $360,000
Average Price Per Sq Ft: $519
Number of Homes for Sale: 13,405
Last 12 Months Home Sales: 15,500
Months of Supply: 4.2 months
Median List Price: $520,000
Median Discount from 1st List Price: 3-5%
Median Home Sale Price YoY Change: +6.0%
Percentage Rate of Foreclosure: Approximately 0.5% of all homes in Miami have foreclosure filings.
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Stay updated with the latest news and trends in the foreclosure market. Learn about new opportunities, changes in foreclosure laws, and expert tips to help you make the most of your investment. Whether you're a first-time buyer or a seasoned investor, staying informed can help you navigate the complexities of buying foreclosed properties
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