Miami Beach’s South of Fifth neighborhood has become a trendy spot for condo development and restaurants, but one apartment building has missed out on the boom and could be seized in foreclosure.
SHE DDF1-FL1 LLC, an affiliate of Miami Beach-based Safe Harbor Equity Managers, filed a foreclosure lawsuit on Nov. 2 against TwoFifty Collins LLC. It targets the 28-unit building at 250 and 260 Collins Ave.
Alessandro Renzetti, the managing member of TwoFifty Collins, wasn’t named in the lawsuit.
The… …read more
From:: biz journal foreclosures