Ft Lauderdale, FL – IN FORECLOSURE – NOTE SALE – NEW CONSTRUCTION – This 12-unit, gated townhome community. The property consists of three, 3-story buildings, containing 5, 3 and 4 units on 26,400 sq ft of land. The unit mix is composed of 10 two BR two and a half BA units, each with 1,711 sq ft, and including a one-car garage and sundeck. Also, there are two units with three BR and three and a half BA, each containing 2,616 sq ft with a 2-car garage and sundeck. Bank filed foreclosure in the end of May 2009. Original Loan amount is $3.7MM.