Today's F@cked Buyer (Sunny Isles Beach)

While this short sale doesn't show a huge loss, it's still interesting. It was listed 483 days ago for $3,350,000 and they have since dropped the price by nearly $1.5 million -- below its 2004 purchase price. If you have a Ziprealty.com account, check the photos on this property out; it's very nice -- here's the link.

18900 N BAY RD, Sunny Isles Beach, FL 33160

• 6 Bed, 5.5 Bath SFH
• Bought in June 2004 for $1,907,500
• On the MLS for $1,900,000
• Days on the MLS: 483 Days
• Loss before the Realtor® commission: $7,500
• Loss after the Realtor® commission: $121,500
  

New request: I am looking to add "buyers" that have multiple distressed properties for sale. If you know of any, please provide a link or MLS listing to one of their properties. I want to highlight some of speculators that were caught holding multiple properties.