Bank-Owned

South Beach bank-owned property for sale

The properties shown below represent the Bank-Owned condos for sale in South Beach, Miami Beach. These are the best deals for sale in Miami Beach real estate. Bank-Owned properties, also known as REO (real estate owned), are sold by the lien holder / loan institutions that need it sold quickly. Many if not all are sold at below market values.

Here's what the foreclosure timetable looks like: