The Real Deal Miami

Colliers to hold ‘FDIC bank insured’ auction in Miami

March 09, 2010 10:39AM

Colliers Abood Wood-Fay, along with North Miami-based AmeriBid, will auction off two commercial properties March 16 at the Marriott Marquis. The FDIC Insured Bank Foreclosure Auction will put two properties on the block: the 14,000-square-foot former ‘Art Temple’ at 7141 Indian Creek Drive in Miami Beach,and a vacant land parcel at 435 SW 12th Avenue, near Little Havana. The minimum bid is $900,000 for the Miami Beach property and $350,000 for the Miami property. Colliers announced it would combine operations with FirstService in January. Colliers is set to become Colliers International April 21. TRD