Final Judgment on Twenty Acres @ 336 Street and 172 Avenue

The 20 acres includes the two 5 acre parcels to the north.

 
$4,416,584.36 Judgment

South Florida Business Journal by Brian Bandell, Senior Reporter

Date: Friday, September 14, 2012, 3:05pm EDT - Last Modified: Friday, September 21, 2012, 12:25pm EDT

Bank wins foreclosure on 20-acre Homestead site

A vacant 20-acre site in Homestead is headed to auction after its owner lost a $4.4 million foreclosure judgment.

First-Citizens Bank & Trust Co. won the judgment against Toptrez LLC over a $2.4 million mortgage, plus interest and fees. The loan was originally issued by Sun American Bank, which later failed.

The agricultural site at the southeast corner of Southwest 336^th Street and Southwest 172^nd Avenue is set for online auction Oct. 17.

Toptrez, managed by Alicio Pina, Nirma Pina and Thomas Mesa, paid $3.2 million for the property in 2004.

 http://homesteadishome.blogspot.com/2012/04/dozens-of-corporations-and-llcs.html