Overview
This Condo Tax Lien is located at Borasco Dr Apt 1702, Melbourne, FL 32940. It has , 781 sqft of living space. This property is Tax Lien.
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This condo property is available as a tax lien at Borasco Dr Apt 1702. With 781 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Melbourne, specifically for Borasco Dr Apt 1702 and comparable listings. Based on this expert analysis, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Borasco Dr Apt 1702 are updated daily along with others in Melbourne, Florida, ensuring you have the most current and accurate information.
This property in Melbourne, FL is located in the Three Fountains/viera Subdivision.
The property located at Borasco Dr Apt 1702 in Melbourne, FL is listed as a Tax Lien
The property located at Borasco Dr Apt 1702 in Melbourne, Florida has a tax lien. When annual property taxes are delinquent, a lien is immediately placed against the property that must be paid in full before it can be sold. If a homeowner fails to pay his or her real estate taxes, the government or other taxing entity may attempt to sell the property. For this reason, valuable properties may sometimes be acquired for a fraction of their true value.Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
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There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 05/31/24 | Tax Lien | ||
| 12/11/09 | 05/10/10 | Preforeclosure | WELLS FARGO BANK |
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