Special offer

Miami Shores residential project facing FORECLOSURE

By
Real Estate Agent with Oceanica Real Estate 3198833

Biscayne Shores Star is a residential project approved in 2009 to build 7 single family homes and 17 multi-family units on a 1.32 acre site located on 1401 NE 108 st, Miami FL.

At this time, the property has an eight unit apartment building and a single family home, both about 70 years old. Most of the site is currently vacant.

The U.S. Century Bank filled a foreclosure law suit against the Biscayne Shores Star and their managing members according to Miami-Dade  County circuit court records, regarding a $3M mortgage issued in 2007 which matured in December 2009.

At this point other negotiations may be taken in consideration before the foreclosure action takes place.

Contact me for inquires.

Posted by
Johanna Bassols P.A.
Broker Associate, CIPS,TRC
One Investment Group
Miami, FL, 33139
US
Work: 786.587.5689
Fax: 305.293.2783
johannabassols@gmail.com
 

 

Real Estate

Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Ah, multi-family, this appears to be an interesting prospect.  Permits still in place?

Aug 09, 2010 01:58 AM