Situation on the market changes hourly/daily.
Today, there is no foreclosed house for 40K cash in 33150.
Tomorrow - it might be for sale.
It's best to choose a very good agent and have them put you on auto update from the Multiple Listing System realtors use (MLS). That way you and your agent will be notified immediately
about any new houses.
You also might talk to your agent about other good areas that could work for you.
Hope this helps,
Beachfront Realty, Inc.