London Foster Realty at Dadeland
Liz Kenneally | Realtor

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In the dynamic world of real estate investment, Miami-Dade County stands as a beacon of potential. Its unique blend of urban sophistication, coastal charm, and economic vitality make it a sought-after destination for investors worldwide. However, within this thriving Miami real estatemarket, an often-overlooked avenue for investment awaits: property tax deeds.

Property tax deeds represent a distinctive opportunity for investors to acquire properties at a fraction of their market value. It's important to note that while I'm not a financial analyst and I don't offer investment recommendations, I aim to provide informative insights into this lesser-known aspect of real estate investment.

What are Property Tax Deeds?

Tax deeds are issued when property owners fail to pay their property tax obligations over an extended period. In Miami-Dade, if property taxes remain unpaid for two or more years, the county government may issue a tax deed on the property. This deed effectively transfers ownership of the property to the county, enabling them to sell it at a public auction to recover the unpaid taxes.

The Auction Process

Miami-Dade County conducts tax deed auctions regularly, offering investors the opportunity to acquire properties through competitive bidding. These auctions showcase a diverse range of properties, including residential homes, commercial buildings, and vacant land.

Participating in a tax deed auction necessitates thorough research and preparation. It's essential for potential bidders to meticulously review the list of available properties, conduct due diligence, and establish their maximum bid amount.

Opportunities and Challenges

Investing in tax deeds presents several potential advantages for astute investors. Acquiring properties at below-market prices offers the potential for substantial returns on investment. Moreover, tax deeds provide a streamlined purchasing process, bypassing many of the complexities associated with traditional real estate transactions.

However, navigating the realm of tax deeds comes with its own set of challenges. Properties sold at auction are typically offered "as is," potentially exposing buyers to liens, encumbrances, or structural issues. Therefore, conducting thorough due diligence is paramount to mitigate unforeseen complications.

Locating Tax Deed Properties Information

Information regarding tax deed properties in Miami-Dade County can typically be accessed through various channels:

1. Miami-Dade County Property Appraiser's Office: The Property Appraiser's Office maintains records related to property ownership, assessments, and tax statuses. They often provide online databases or search tools where you can look up information about tax deed properties.

2. Miami-Dade County Tax Collector's Office: The Tax Collector's Office oversees the collection of property taxes and may have information about properties with delinquent taxes or upcoming tax deed auctions.

3. Online Auction Platforms: Some tax deed auctions may be conducted online through specialized auction platforms. These platforms often provide detailed information about properties scheduled for auction, including photos, descriptions, and auction dates.

4. Legal Notices:Public notices about upcoming tax deed auctions are typically published in local newspapers or on official government websites. These notices contain information about the properties scheduled for auction and the auction dates.

6. County Clerk of Courts: The Clerk of Courts office may also have information about tax deed properties, including auction proceedings and property records.

It's essential to verify the accuracy and currency of the information obtained from these sources, as property statuses and auction details may change over time. Additionally, conducting thorough due diligence, including title searches and property inspections, is crucial before participating in any tax deed auction or purchasing a tax deed property.

Tax deeds offer a compelling avenue for real estate investment in Miami-Dade, providing opportunities for significant returns for those willing to navigate the intricacies of the auction process.

I'm not a financial analyst or an attorney and I don't provide investment or legal recommendations, understanding the nuances of tax deeds can empower investors to make informed decisions in one of Florida's most dynamic real estate markets. Engaging professionals such as real estate attorneys can further enhance due diligence efforts, ensuring a smoother investment process.


About Author: Liz Kenneally, a seasoned Miami real estate agent, boasts extensive experience in the city's vibrant market. Specializing in sought-after neighborhoods including Coral Gables, Dadeland, Continental Park, East Kendall, Pinecrest, South Miami, and The Falls. Liz is fluent in both English and Spanish, ensuring smooth transactions for her diverse clientele. Contact her at 786-423-3348 or complete the simple EMAIL AGENT form located beside this blog content.

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What my clients are saying  

Efficient, Effective, and Ethical! Working with Liz Kenneally was an absolute pleasure. Her efficient and effective approach to real estate made the entire process seamless and stress-free. From the moment we met Liz, we knew we were in good hands. She took the time to listen to our needs and preferences, ensuring that we found the perfect home in South Miami. Liz's commitment to ethical practices and transparency gave us peace of mind throughout the transaction. We highly recommend Liz to anyone looking for a trustworthy and reliable realtor in Miami.

 

~ Michael and Jennifer D.

I hired Liz Kenneally to lease out my apartment, and within just 1-2 weeks, she secured long-term tenants who have been a great to work with for the past three years. Her efficiency, professionalism, and warm demeanor made the entire process seamless. Liz understood my needs and executed flawlessly. I couldn't be happier with the outcome. I wholeheartedly recommend Liz!

 

~ Sofia I.

Finding office space for my company was made effortless thanks to Liz Kenneally's exceptional service. Referred to her by a trusted source, I quickly understood why she comes highly recommended. Liz guided us through every step with professionalism and expertise, ensuring we secured the perfect space to meet our needs. The office space exceeded my expectations, boasting a prime location, generous square footage, and excellent amenities. Liz's attention to detail facilitated a seamless transition into our new workspace. Her responsiveness and proactive communication made the leasing process a breeze. Working with Liz Kenneally was a pleasure, and I wholeheartedly recommend her to anyone in search of commercial real estate. Five stars all around!

 

~ Paul M.

Professionalism Personified! Liz Kenneally is the epitome of professionalism. Her attention to detail, proactive communication, and tireless work ethic set her apart from other realtors. Liz guided us through the process of buying our dream home in Coral Gables with ease and confidence. She was always one step ahead, anticipating our needs and addressing any issues promptly. Liz's commitment to excellence and integrity made us feel confident and reassured throughout the entire transaction. We cannot recommend Liz highly enough!

 

~ James and Amanda R.

Liz Kenneally proved to be an exceptional real estate agent. Her expertise in Dadeland area homes, our preferred locale, was truly impressive. Liz's dedication to understanding our needs, preferences, and budget constraints was evident throughout our interactions. She tirelessly worked to find us the perfect home, keeping us updated and promptly addressing all our questions. Liz made the entire process enjoyable, turning house hunting into an adventure. I enthusiastically endorse her to anyone in the market to buy or sell. Thank you, Liz, for your outstanding service!

 

~ Camila I.

5 Stars for Responsiveness, Negotiation skills, Professionalism and communication, Market expertise, Was on point at every turn, from offer to closing.

 

~ Jordi B

Liz went above and beyond to market our property effectively, attracting a flood of interested buyers. Her attention to detail and commitment to showcasing our home in the best possible light truly paid off. We couldn't believe it when offers started pouring in, and even more so when the final sale price exceeded our initial expectations! It was the highest sold price in the community! Liz was responsive, proactive, and always had our best interests at heart. Her negotiation skills were impeccable, ensuring that we got the best possible deal for our property.

 

~ Willy and Gloria P.

Liz was the listing agent for a Miami property I called on and made an appointment to see . That's how it all started.I wasn't working with any agent and I told Liz I didn't want to commit to anyone. She stated she understood, nevertheless, she was relentless in keeping in touch with me. Finally, in one of her phone calls, Liz asked me if she was working hard to get my business ? I said yes, of course. Then she stated, "Imagine, what I am capable of doing in finding and negotiating for you in a tough and competitive Miami market?". That clinched it !

 

~ Arile R.

I want to thank this wonderful Lady that stuck with me until I found just the right place. I am very satisfied and you will always have a friend here. Thank you for everything Liz, you're the best.

 

~ Manny

We trusted her strategy and ended up buying the property that we were initially turned down on. You can say Liz turned that No into a Yes for less money! She is relentless. Thank you, Liz, you are a hard worker, trustworthy, on top of your game and simply a pleasure to team up with you

 

~ Alex Y.

As a business man, one of the things that impressed me about Liz is is her negotiation skills, patience and cool under pressure. She looks for a win-win even though at times we were just being one sided. Liz reminded us it's a sellers' market with properties selling quickly at or little above asking price in the area we wanted to buy.Whatever we weren't familiar with, Liz simplified it so we felt comfortable and understood the transaction.

 

~ Vincent S.

"...One of her best qualities is her ability to stand back, listen to your needs, present you all the alternatives and let you make the original decisions. She is not assertive with her opinion but when she says you better listen because it will be in your own best interest..."

 

~ Ioannis L.

I had a great experience with Liz in the sale and purchase of my new home. She was always available to answer questions with great confidence and knowledge. I consider her a personal friend since we met, through the process of buying this home. Highly recommend her to anyone looking to sell or buy.

 

~ Maria D

Ms Liz Keneally was a angel sent. I was going through personal hardship. And having a hard time not only selling The property but with the result of impending foreclosure. Which at the time was a very difficult time in my life. And she came along. And got a contract within a week. And I have nothing but gratitude towards her and her team. That treated me and my children like family.

 

~ Xenia L.

Liz has been a wonderful real estate agent for us. She is an excellent communicator, and communicates in a very timely manner. Liz provided easy to understand comparisons when we had multiple offers for the property that we were selling. Liz makes sure that all the details are taken care of, and most importantly perseveres in resolving the many issues that arise in a real estate transaction. We have been extremely happy with the work that Liz has done for us. We would highly recommend her for anyone who is seeking to sell or buy property.

 

~ Gary N

As a first time home buyer, I was nervous and worried about being taken advantage of. Liz calmed my nerves and guided me through the process. She was easy to communicate with and took the time to educate me.There were times, we had to negotiate and Liz always made sure to keep the deal alive, while protecting my interests. I have only wonderful things to say about her and would work with her again.

 

~ Sarah S.

Liz was professional from the exploratory stages of home buying to its completion. As a first-time buyer, I was looking into foreclosures. I did not expect the unexpected to say the least. From negotiations to paperwork, I am truly grateful for Liz's knowledge and skills. She guided me through the process and stood by my side when delays arose and frustrations even larger. Her calmness and verbal prowess ultimately helped me secure my very first home! Thank you, Liz!

 

~ Hennifer M

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