In Florida, most foreclosure projects cost between $50,000 and $300,000 per job, with a typical price near $150,000. Local labour, permits and materials move the final price, so treat the range below as a planning guide.
Typical foreclosure cost
$50,000 – $300,000
per job · typical $150,000
A general planning range, not a quotation.
Foreclosure cost breakdown
- Auction (cash only)$30,000 – $150,000typical $80,000
- Bank-owned (REO)$50,000 – $250,000typical $120,000
- Pre-foreclosure (short sale)$100,000 – $300,000typical $180,000
At a glance
- Typical range$50,000 – $300,000
- Unitper job
- Cities covered121
What Foreclosures costs
Prices vary by location and condition, with bank-owned or auction properties selling at a discount. However, foreclosures are often sold as-is, and buyers must cover repair costs. Financing can be trickier, and competition from investors is common.
By city in Florida
- Alafaya
- Altamonte Springs
- Apopka
- Aventura
- Boca Raton
- Bonita Springs
- Boynton Beach
- Bradenton
- Buenaventura Lakes
- Cape Coral
- Clearwater
- Clermont
- Coconut Creek
- Coral Gables
- Coral Springs
- Country Club
- Cutler Bay
- Davie
- Daytona Beach
- DeLand
- Deerfield Beach
- Delray Beach
- Deltona
- Doral
- Dunedin
- Egypt Lake-Leto
- Estero
- Fort Lauderdale
- Fort Myers
- Fort Pierce
- Fountainebleau
- Gainesville
- Greenacres
- Hallandale Beach
- Hialeah
- Hollywood
- Homestead
- Homosassa Springs
- Horizon West
- Jacksonville
- Jupiter
- Kendale Lakes
- Kendall
- Kendall West
- Kissimmee
- Lakeland
- Land O' Lakes
- Largo
- Lauderdale Lakes
- Lauderhill
- Leesburg
- Lehigh Acres
- Margate
- Meadow Woods
- Melbourne
- Miami
- Miami Beach
- Miami Gardens
- Miramar
- Navarre
- North Fort Myers
- North Lauderdale
- North Miami
- North Miami Beach
- North Port
- Oakland Park
- Ocala
- Ocoee
- Orlando
- Ormond Beach
- Oviedo
- Palm Bay
- Palm Beach Gardens
- Palm Coast
- Palm Harbor
- Panama City
- Pembroke Pines
- Pensacola
- Pine Hills
- Pinellas Park
- Plant City
- Plantation
- Poinciana
- Pompano Beach
- Port Charlotte
- Port Orange
- Port St. Lucie
- Princeton
- Richmond West
- Riverview
- Riviera Beach
- Royal Palm Beach
- Sanford
- Sarasota
- Sebring
- South Miami Heights
- Spring Hill
- St. Augustine
- St. Petersburg
- Sunrise
- Tallahassee
- Tamarac
- Tamiami
- Tampa
- The Acreage
- The Hammocks
- The Villages
- Titusville
- Town 'n' Country
- University
- Valrico
- Vero Beach South
- Wellington
- Wesley Chapel
- West Palm Beach
- Westchester
- Weston
- Winter Garden
- Winter Haven
- Winter Springs
- Zephyrhills
Frequently asked questions
How much can I save buying a foreclosure?
Typically 10-30% below market value, but you may pay more in repairs and closing costs. A $150,000 foreclosure might need $20,000 in fixes.
What drives foreclosure prices?
Condition, location, stage of foreclosure (auction vs. REO), and market demand. Properties in desirable areas may not be discounted much.
How can I get a good deal on a foreclosure?
Get pre-approved for financing, inspect thoroughly, budget for repairs, and be patient. Consider hiring an agent experienced in foreclosures and avoid overbidding at auctions.