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🎯 Four Ways to Buy Below Market: This Week's REO Roundup

Sep 30, 2025
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This week’s opportunities include an 11-bedroom quadruplex with massive rental income potential despite no-access limitations.

Plus a vacant duplex delivering 10% gross yields ready for immediate renovation.

Also a turnkey duplex with new roof and full updates priced at exact Zestimate.

And a premium waterfront multi-family claiming $41.5K NOI blocks away from great beaches.

Free readers get the vacant duplex breakdown.

Paid subscribers get all 4 foreclosure deals.

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Distressed Deals of The Week

🚨 No-Access Quadruplex

$492,900 ask on 11-bed quadruplex

$251K foreclosure flip + eviction required = experienced distressed buyers only.

🎓 Vacant Value-Add

$202,500 ask on empty duplex

10% gross yield + corner lot + asymmetric units (3/2 + 2/1) = college-town cashflow play.

🏗️ Turnkey Updated

$298,320 ask on renovated duplex; new roof + full tile + remodeled baths.

7 days on market, non-flood zone + priced at Zestimate

🌴 Premium Beach Puzzle

$608,700 ask on corner-lot multi-family

Blocks from Royal Harbor beaches.


2765 NW 60th St, Miami, FL 33142

$492,900 | 11 beds | Quadruplex, Multi Family | 4,404 sqft

🚨 Bank-owned foreclosure auction in Miami’s Hialeah Heights.

No-access quadruplex/townhome conversion with 11 beds, 5 baths.

Occupied property sold as-is, cash only, with zero disclosure, no interior photos, and no viewings permitted.

Buyer responsible for obtaining possession after closing.

💡 Pro Tip:

  • Tax assessed at $610K but foreclosed at only $251K - now listed at $493K

  • Listed 123 days with 465 views suggests pricing resistance or access concerns

  • Originally built as duplex/townhome in 1981, now configured as 4-plex

💰 Financial Snapshot

  • Est. Market Value: No Zestimate available

  • Current Ask: $492,900

  • Foreclosure Price: $251,100 (Feb 2025)

  • Tax Assessment: $610,337 (2024)

  • Layout: 11 bed/5 bath (current configuration)

  • Building Size: 4,404 sqft

  • Lot Size: 5,160 sqft

  • Year Built: 1981

  • Price per Sq Ft: $112

  • Rent Zestimate: Not available

  • Gross Yield: TBD

  • Annual Taxes: $7,634 (surged from $562 in 2023)

⚠️ Heads Up

  • NO ACCESS - cannot view interior before purchase

  • Occupied - eviction process may be required post-closing

  • No lease information or tenant details available

🏆 Best For:

  • Experienced investors comfortable with occupied foreclosures

  • Cash buyers with eviction/legal expertise

  • Those who can assess risk without interior access

Why it works:

  • 96% premium over foreclosure price ($251K → $493K) suggests lender confidence in value.

  • Tax assessment at $610K implies 24% built-in equity if accurate.

  • Large lot (5,160 sqft) in established Miami neighborhood with development potential.

  • High bed count could support strong rental income once stabilized.

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