Miami Beach Condo REO (Bank Owned) vs. Short Sale Inventory Q1 2009

Out of those, how many would you guess are REO (Real Estate Bank Owned)?…. only 109 condos along the Dade County beaches or 2%. How many are short sales…? Miami Dade beaches short sales reflect 1,131 or 19% of total condo inventory. These figures are derived from the South East Florida MLS (Multiple Listing Service).

MLS STATS show the Average REO (Real Estate Owned) List price at $294,389 ~ Ave. per square foot cost at $226PSF “asking“ and average square footage at 1,072 SF.

These are the Best 20 MIAMI BEACH BANK OWNED DEALS.

I assure you I know local inventory and relay the very best… {REO Miami Beach Bank Owned Condos Here} Click on any photo to enlarge. Feel free to post a comment with insights or questions pertaining… You will see ‘Pending’ in the upper left corner as these desirable condos soon go under contract! First Time Home Buyers are taking advantage of the new affordable selection plus $8,000 tax credit while Miami Beach Investors Note 2 to 5% ROI when owned outright. 1.888.383.7326

http://www.findaproperty.com.sg/ <img class="identicon" src="http://www.gravatar.com/avatar.php?gravatar_id=f8b5c0bb9d56484756200ed28a4adea2&size=35&default=http://www.miamibeachrealestateblog.us/wp-content/plugins/wp-identicon/identicon/85065053ff7cf68.png" alt="Singapore Condominiums Identicon Icon" height="35" width="35" /> Singapore Condominiums

In a real estate man’s eye, the most expensive part of the city is where he has a house to sell”
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http://MiamiDreamRealty.com <img class="identicon" src="http://www.gravatar.com/avatar.php?gravatar_id=62b12e689db794497cb3c1bd64d2f707&size=35&default=http://www.miamibeachrealestateblog.us/wp-content/plugins/wp-identicon/identicon/7ce301da610731c.png" alt="Ashton Coleman Identicon Icon" height="35" width="35" /> Ashton Coleman

7 out of these 20 bank owned condos are now under contract within 22 days of this posting. 1 at Trump palace has closed at 81% of list. Miami Beach real estate is like gold in the ground. NOW is the time for the beaches.
http://MiamiDreamRealty.com <img class="identicon" src="http://www.gravatar.com/avatar.php?gravatar_id=62b12e689db794497cb3c1bd64d2f707&size=35&default=http://www.miamibeachrealestateblog.us/wp-content/plugins/wp-identicon/identicon/7ce301da610731c.png" alt="Ashton Coleman Identicon Icon" height="35" width="35" /> Ashton Coleman

Hi Blake,

This may be the best choice (85′ slip) in Miami Beach: (click or copy/paste)http://sef.mlxchange.com/Pub/EmailView.asp?r=730574060&s=SEF&t=SEF

Average dock space value on a 50′ slip is ~$150k
http://www.bailey-law.com <img class="identicon" src="http://www.gravatar.com/avatar.php?gravatar_id=ac01db1852da7afb5e6dcb6f5f32026e&size=35&default=http://www.miamibeachrealestateblog.us/wp-content/plugins/wp-identicon/identicon/c6e9d9062de3e6c.png" alt="Blake Bailey Identicon Icon" height="35" width="35" /> Blake Bailey

I want to buy a small one bedroom condo in an exclusive part of Florida. I need to be able to moor my 41′ sailboat there. I can pay cash and don’t care if it hasn’t been finished out. The problem is I only want to do this if it is an absolute deal and am not sure who to use to help me in my search. B
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