South Bay FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in South Bay, Florida.

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BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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1 Photo
NW 9TH AVE South Bay FL 33493 Foreclosures 3 2 $42,000.00 Details
About our Listings

How to Buy South Bay Foreclosures

How to buy foreclosures

Buying real estate foreclosures in South Bay, FL starts with finding listings. By browsing South Bay foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in South Bay, FL.

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How to Invest in South Bay Foreclosures

How to invest foreclosure

South Bay foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best South Bay real estate investing bargains, you'll have to assess several properties and decide which has the most potential for South Bay foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at South Bay foreclosure short sales, wait for the right property at the right price.

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Types of Foreclosures in South Bay

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in South Bay will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in South Bay, FL. There are even chances to buy land, farms, and ranches, sites for mobile homes, and South Bay apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

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Florida Foreclosure Laws

Foreclosure law

In the state of Florida, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Florida are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Florida REO properties.

South Bay Banks Foreclosures

Bank Foreclosure

South Bay bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in South Bay, FL are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on South Bay bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in South Bay Florida to be similar to buying from an agent. Check our South Bay bank foreclosure listings and find discount properties.

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South Bay Government Foreclosures

Government Foreclosure

South Bay Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in South Bay FL are another popular type of foreclosure, as are VA foreclosures in South Bay, which are available from the Veterans Affairs Department for especially great deals. Check our South Bay government foreclosure listings.

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South Bay Pre-Foreclosures

Foreclosure

PreForeclosures in South Bay are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a South Bay Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

South Bay Foreclosure Auctions

Foreclosure Auction

Most South Bay foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in South Bay, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in South Bay, FL. We offer a comprehensive South Bay foreclosure auction listings.

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Top Zip Codes in South Bay, Florida

Find Home Foreclosure Listings in South Bay, FL

South Bay foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in South Bay, FL and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in South Bay Florida, best affordable foreclosure condo in South Bay, cheap apartments for sale, bargain foreclosed homes for sale in South Bay, FL and earn huge savings on the homes YOU want to buy!

Our South Bay Foreclosure Lists

You can find South Bay foreclosure homes for sale which you can buy for living or investment. Simply click through our South Bay foreclosure home listings to find government foreclosures and bank owned homes in South Bay area. If you're searching for a deep discount or low prices on real estate then searching our South Bay foreclosure lists for homes foreclosure for sale or short sale listing in South Bay is your answer. Our up-to-date South Bay short sale listings provide the latest investing opportunities on affordable South Bay bank owned property listings, government pre foreclosure lists, South Bay banrkuptcy homes and South Bay HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in South Bay, you should have little trouble finding the cheapest deal on a foreclosed home in South Bay, Florida.

You can also search Palm Beach foreclosure listings and North Palm Beach foreclosure listings for more properties in the neighboring area.



South Bay, FL

As of 2011, South Bay's population is 4,566 people. Since 2000, it has had a population growth of 18. 23 percent. The median home cost in South Bay is $98,700. Home appreciation the last year has been -6. 39 percent. Compared to the rest of the country, South Bay's cost of living is 7. 00% Lower than the U. S. average. South Bay public schools spend $5,153 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 7 students per teacher in South Bay. The unemployment rate in South Bay is 10. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. South Bay jobs have Increased by 0. 94 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peoplesouth-bay, flUS
Population4,566307,829,557
Pop Density1,74187
Pop Change18.23%9.34%
Median Age3236.6
Households985116,329,167
Household Size3.382.58
Male Population62.98%49.31%
Female Population37.02%50.69%
Married Population20.63%47.15%
Single Population79.37%52.85%
Estimated Households By Household Incomesouth-bay, flUS
Income Less Than 15k27.91%12.10%
Income Between 15k And 25k11.02%10.18%
Income Between 25k And 35k14.66%10.56%
Income Between 35k And 50k15.47%14.98%
Income Between 50k And 75k16.99%19.53%
Income Between 75k And 100k6.37%12.52%
Income Between 100k And 150k5.56%12.14%
Income Between 150k And 250k0.91%3.91%
Income Between 250k And 500k0.81%3.34%
Income Greater Than 500k0.30%0.75%
Economysouth-bay, flUS
Unemployment Rate10.60%9.10%
Recent Job Growth0.94%-0.12%
Future Job Growth31.28%31.25%
Sales Taxes6.50%6.80%
Income Taxes0.00%6.25%
Income Per Cap$11,338$27,067
Household Income$32,519$52,954
Housingsouth-bay, flUS
Median Home Age33.135.1
Median Home Cost$98,700$175,100
Home Appreciation-6.39%-3.15%
Homes Owned45.66%59.90%
Housing Vacant18.20%10.37%
Homes Rented36.15%29.73%
Property Tax Rate$13.37$11.20
Owner Occupied Housing Units By Valuesouth-bay, flUS
Less Than 20k17.21%2.65%
20k To 399996.52%3.76%
40k To 599992.36%4.99%
60k To 7999911.78%6.01%
80k To 9999915.94%7.27%
100k To 14999942.39%19.24%
150k To 1999992.54%14.67%
200k To 2999991.09%18.09%
300k To 3999990.00%9.14%
400k To 4999990.00%4.94%
500k To 7499990.00%5.42%
750k To 9999990.18%2.03%
1kk Or More0.00%1.77%
Educationsouth-bay, flUS
School Expend$5,153$5,678
Pupil Teacher Ratio16.714.9
Students Per Librarian465803
Students Per Counselor448513
2 Yr College Grad1.02%7.47%
4 Yr College Grad6.40%17.42%
Graduate Degrees2.13%10.12%
High School Grads56.01%84.72%
Crimesouth-bay, flUS
Violent Crime104
Property Crime54
Housing Units By Year Structure Builtsouth-bay, flUS
1999 To 200516.13%13.71%
1995 To 19984.73%8.54%
1990 To 19944.12%5.77%
1980 To 198915.38%13.87%
1970 To 197929.03%16.17%
1960 To 196921.67%11.70%
1950 To 19594.96%11.08%
1940 To 19492.89%6.02%
1939 Or Earlier1.08%13.15%

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