Morningside Bayfront Mansion Goes to Auction on $11.6M Judgment

A Miami-Dade circuit judge’s consent foreclosure judgment sends a 1928 Biscayne Bay estate in the gated Morningside enclave to auction Tuesday, with lender Tryumph QOZB, LLC holding an $11.6 million judgment against defendants D3N9 Bayshore Holdings LLC and former NBA forward Luol Deng, according to Miami-Dade Clerk of Courts and county auction records.

Why it matters

The 0.74-acre bayfront lot at 5925 N Bayshore Dr sits behind Morningside’s private gates in Miami’s Upper Eastside, zoned single-family under the city’s T3-R suburban code, so a buyer inherits a renovate-or-rebuild estate rather than a density play. The existing 1928 Mediterranean home carries five bedrooms, a guesthouse, a private dock and direct Biscayne Bay frontage, according to the Miami-Dade Property Appraiser. The sale runs online at miamidade.realforeclose.com on Sept. 8 at 9 a.m., with Tryumph QOZB’s own $12,381,302 max bid setting the floor a competing buyer must clear to take the property outright.

The numbers

The Clerk’s docket for case 2025-005786-CA-01 shows Judge Javier A. Enriquez entered a final judgment July 16 and an amended final judgment July 20, both totaling $11,617,417.28, after the parties filed a settlement and forbearance agreement in March that did not keep the case from converting to a consent judgment for foreclosure and damages. That figure runs about 34% above the county’s $8,635,085 market value on the parcel for 2026. The Property Appraiser’s sales history shows the address last changed hands for $4.6 million in August 2014, then moved by corrective deed for $100 in November 2022 from Luol Deng to D3N9 Bayshore Holdings LLC, an entity Sunbiz records show Deng’s circle formed eight days earlier.

What’s next

Barring a last-minute redemption or bankruptcy filing, Tuesday’s 9 a.m. sale converts the judgment into a certificate of title. A winning bid above Tryumph QOZB’s $12.38 million ceiling would return surplus proceeds to the defendants; a bid below it, or no competing bidder, hands the bayfront lot to the plaintiff itself. Watch South Florida’s distress pipeline for whether the buyer keeps the 1928 house standing or files new plans for the site.