I won't get into the story about what RealtyTrac is all abpout or what they are up to- the fact is... I realyy don't know! So, here is a overall synopsis of what is available in the area of Biscayne Point â€¢ Normandy Isle â€¢ North Beach and the area where the subject property is located.
The asking prices range from $500K to just about $4M â€¢ Nothing even close to what was displayed in the referenced "foreclosure" â€¢ Indeed, things are not great, but certainly not that bad!
COntact a REALTORÂ® that specializes in the area and find your best deal. Stillwater Drive, Biscayne Point in particular have some incredible deals. $300/SF is considered a great deal for waterfront in this area.
MIAMI BEACH // NORTH BEACH // WATERFRONT HOMES â€¢ LINK BELOW
You are right, Realty Trac pulls up public records of liens filed, this could be a tax lien, second or third mortgae or even a construction lien. It is not the price of the house. It is not listed on the market for sale.
To give you realistic prices as a realtor I would need your criteria-- the location and price you are looking for.
There are many well priced properties in Miami but I would need to know more details.
I would be glad to call during business hours, and my web-site below has helpful inormation as well.
All the best,