Acqualina Penthouse PH4506 Heads to Auction on $8.7M Judgment
Penthouse PH4506 at 17875 Collins Ave in Sunny Isles Beach goes to foreclosure auction Nov. 23 on an $8.7M final judgment, above its $6.7M assessed value.
- Source Briefing
- Public record
Penthouse PH4506 at 17875 Collins Ave in Sunny Isles Beach is set for a Miami-Dade foreclosure auction on Nov. 23, 2026, on a final judgment of about $8.75 million, according to the clerk’s auction calendar.
Why it matters
The judgment sits roughly $2 million above the county’s assessed value for the unit, a gap that shapes how bidders approach a sale like this. Oceanfront penthouses in Sunny Isles Beach rarely reach a public auction, and the case gives a rare view of how far a luxury condo’s debt can outrun its tax-roll value. It also adds to the run of high-dollar South Florida auctions on the November calendar.
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The numbers
The case is Miami-Dade Circuit Court 2024-003556-CA-01, with the sale set to start at 9:00 a.m. ET on Nov. 23. The auction listing shows a judgment of $8,748,449.13.
The Property Appraiser lists the unit, folio 31-2211-071-2420, at a 2026 assessed value of $6,702,003, unchanged since 2024. The last recorded sale was $4.5 million on May 12, 2021, to an LLC. That is $2.2 million less than the judgment now attached to the unit.
The unit is a four-bedroom, 6,419-square-foot condo in Acqualina Ocean Residences & Resort Condo, built in 2006. Assessed value is not a market price, and beachfront penthouse units can trade well above or below it.
What’s next
Bidding opens on RealForeclose on the morning of Nov. 23. Foreclosure sales can be postponed or canceled before the date, so the listing should be checked again closer to the sale. Winning bidders typically must fund the purchase within the clerk’s deadline, and condo buyers should confirm association dues and any unpaid assessments. For more auction coverage, see our distress and opportunity desk.
More in Foreclosure & Distress News. See the upcoming commercial foreclosure auctions.
Quick answers
- What is the latest on Acqualina Resort & Residences in South Florida?
- Penthouse PH4506 at 17875 Collins Ave in Sunny Isles Beach goes to foreclosure auction Nov. 23 on an $8.7M final judgment, above its $6.7M assessed value.
- What are the key numbers for Acqualina Resort & Residences?
- final judgment: $8.7M; assessed value: $6.7M; 2021 sale price: $4.5M; auction date: Nov. 23.
- Where does the information on Acqualina Resort & Residences come from?
- The story cites Miami-Dade Clerk, RealForeclose and Miami-Dade Property Appraiser.
On the record
The Property Appraiser lists PH4506 at a 2026 assessed value of $6,702,003, unchanged from 2024, with a last recorded sale of $4.5 million on May 12, 2021.
Public record · miamidade.gov
Primary record
- Public recordThe unit is a 6,419-square-foot, four-bedroom condo in Acqualina Ocean Residences & Resort Condo, built in 2006 per appraiser records.View the record on miamidade.gov
- Miami-Dade Clerk, RealForecloseMiami-Dade foreclosure auction calendar for Nov. 23, 2026, case 2024-003556-CA-01