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Miami-Dade County Tax Sale Research & Auction Data
Florida • Hybrid System (Liens + Deeds)
Miami-Dade County operates Florida's dual tax sale system: tax certificate sales (liens) occur annually in May-June, while tax deed sales happen monthly throughout the year. Understanding the difference is critical—most investors are buying certificates (the right to collect interest), not properties.
Tax certificates in Miami-Dade offer interest rates that have compressed in recent years due to institutional bidding competition. Rates that once reached 18% now frequently drop to 0.25% or lower at auction. The real opportunity lies in tax deed sales, where certificate holders force property sales after certificates go unredeemed for two years. These deed auctions are smaller and less competitive, typically offering 20-50 properties per sale. The county's high property values mean even distressed parcels often command significant opening bids.
Miami-Dade County Tax Sale Overview
| Sale Type | Tax Certificate (lien) + Tax Deed (ownership) |
| Governing Law | Florida Statutes Chapter 197 |
| Redemption Period | 2 years minimum before deed application |
| Auction Platform | RealAuction (certificates), County-run (deeds) |
| Typical Volume | Certificates: thousands annually; Deeds: 20-50 monthly |
Frequently Asked Questions
What is the difference between Miami-Dade tax certificates and tax deeds?
Tax certificates are liens—you're buying the right to collect back taxes plus interest when the owner pays. Tax deeds transfer actual property ownership after certificates go unredeemed and the certificate holder applies for a deed sale.
What interest rate can I earn on Miami-Dade tax certificates?
The maximum rate is 18%, but competitive bidding typically drives rates to 0-5% on desirable properties. Institutional buyers often bid 0.25% to acquire certificates on valuable parcels.
How long before I can get a tax deed in Miami-Dade County?
Certificate holders must wait at least 2 years after the certificate date before applying for a tax deed. The deed application process adds 3-6 months.
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