Two entities tied to Marlon Gomez lost a distressed Miami River development site at a courthouse auction, marking the second time in six months that the Miami developer was forced to give up land.
An affiliate of the Fiorentino Family Office bought the 1.8-acre assemblage at 1515, 1529 and 1543 Northwest South River Drive with a $15,600 winning bid last week, Miami-Dade County Circuit Court records show.
The Fiorentino affiliate obtained a $12.8 million final judgment on Jan. 30 against Gomez, his entities and his former development partners, Fausto Callava and Antonio Pardo.
The lender sued Gomez, Callava and Pardo last year for allegedly defaulting on a $10 million loan that matured last February. Accrued interest and fees pushed the judgment to $12.8 million.
The site hit the market in 2024 with an asking price of $25 million, which was slashed to $18 million last year when a court-appointed receiver took over management of the Gomez entities.
The Fiorentino affiliate alleged Gomez submitted a “fraudulent financial statement” and failed to disclose he was already in default on a $15 million Aventura loan when he borrowed the $10 million secured by the riverfront property.
Gomez did not respond to a request for comment. He previously denied wrongdoing, and blamed the lender for derailing the Miami River project.
The Miami River site is entitled for a 40-unit luxury townhome project with 50-foot boat slips. No sale materialized before the foreclosure, leaving the lender to decide whether to relist the site, bring in a new partner or pursue the original Miami River Cove concept.
The foreclosure sale marks the second development site Gomez has lost since October, when an affiliate of Rok Lending seized control of his planned Aventura medical office project at a separate courthouse auction, following a $19.9 million foreclosure judgment tied to a defaulted $15 million construction loan.