If you have lots of patience and deep pockets,  here are 5  properties that are in great locations 4 of which are watefront properties.    

When making an offer on a short sale, make sure you have proof of funds ready to show. No one needs to know  your net worth, however , the sellers and lender need to know that you have have enough funds to close. You as the buyer may also want to put contingencies in the contract to protect yourself and your interests. Banks are moving quicker these days (but not fast enough) and will look at offers.  It is important to that the seller co-operate as well and serious about selling . 

If you are a selling thinking that you may have to sell your property as a “short sale” contact me and I can answer some questions you may have. Also , I have created a website that you can review  as well : MiamiHousingFacts.com

Compared to other major cities our list of luxury homes being sold as short sales is relatively short

Please review the properties below:

1. Star Island:  42 Star Island Drive. Asking Price:  $10,500,000.   This is a spectacular waterfront property on a one acre + estate  on Star Island.  Star Island is  just minutes from Miami Beach and downtown Miami.  20 minutes to Miami International Airport.  More detailed information about this listing is located below this post. This property has 3 guest houses and 4 boat slips along its 205 feet of waterfront.  The bank(s) is waiting for your offer.

Waterfont Property on Star Island

Front of Waterfront Estate on Star Island

2 Coral Gables:  10305 Coral Creek Road. Asking price $3,950,000.  Located in  Snapper Lakes , gated community in Coral Gables.  This property was built in 2006 and sits on over 57,ooo square feet of park like land. See more detailed information about this property below this post.

House in Snapper Creek

Surfside:  1220 Biscaya Drive.: Asking price $3,300,000 Here is another stellar 280 feet of waterfront. Built in 2001  with views of the bay. The lot is 17,000 square feet. Very nicely decorated.

1220 Biscaya Drive in Surfside, Fla

Backyard over looking the bay

Golden Beach number 4:  Asking Price is $3,150,000  located at 550 N. Island Drive. This property has 187 square feet of waterfront on the inter coastal. Plus 7 bedrooms and 6.5 bathrooms.

House For Sale in Golden Beach

Coral Gables: Asking price $2,500,000.  181 Vera Court is located in Cocoplum , a gated community in Coral Gables. This property also located on the water  no bridges to bay. I am familiar with this property and if you are a boater you will be happy to know that this property can accomodate 100 ft plus yacht . There are also boat lifts for smaller vessels.

181 Vera Court, Coral Gables , Fla, 33133

Waterfront Home in Coral Gables

We're sorry, but we couldn't find MLS # a1523257 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

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