LienHub: Miami-Dade Tax Certificate Auction Welcome
MIAMI-DADE COUNTY
2024 TAX CERTIFICATE SALE

 
When
The annual tax certificate sale will begin on June 1, 2024 when the first batch of certificates closes. Thereafter, the tax sale will begin each day until all tax certificates have been offered for sale. Certificates will be sold individually and will be divided in batches of about 2,000 to 3,000 available for sale each hour. Batches will close each hour from 8:00 a.m. to 4:00 p.m. ET on June 1, 8:00 a.m. to 4:00 p.m ET on June 2, and 8:00 a.m. to 11:00 a.m. ET on June 3.
 
Where
The 2024 Tax Certificate Sale will be conducted as an Internet auction. The web address for the sale is LienHub.com. Bidders will be able to view the parcels and begin submitting bids once the advertised lists of delinquent taxes are published in the newspaper. The date of publication is scheduled for May 12, 2024. For more information regarding the online auction process, please visit the web site and review the Frequently Asked Questions (FAQs).  After submitting registration on the web site, a demo is available for review on the Auction Selections page.
 
Delinquent real estate taxes are advertised in a local publication of general circulation once a week for three consecutive (3) weeks before the tax certificate sale. Parcels with unpaid taxes as of April 1, 2024 will be advertised in the Miami Times. The list will be available on the Miami-Dade Tax Collector website, as well as through our auction web site LienHub.com.
 
Tax Sale Auction Procedures
Florida law provides for a maximum interest rate of 18% and a minimum of 0% (no interest). Bids for each parcel shall be accepted in even and in fractional decrements of one-quarter percentage (%) points only.
 
The tax certificate is a lien issued to the lowest bidder who will pay the delinquent tax including interest, cost of sale, advertising and tax collectors commission of 5%.
 
The issuance of a tax certificate on a parcel does not entitle the buyer to the property. The holder of a tax certificate may not directly, through an agent, or otherwise initiate contact with the owner of property upon which he or she holds a tax certificate to encourage or demand payment until two years have elapsed since April 1 of the year of issuance of the tax certificate.
 
There are inherent risks involved in purchasing tax certificates. Miami-Dade County does not guarantee the condition of any property or title with respect thereto.
 
BID CAREFULLY. BIDDER CANCELLATIONS WILL NOT BE ALLOWED OR ACCEPTED. ALL SALES ARE FINAL.
 
If you wish to bid on a parcel, you must enter your minimum acceptable rate into the input cell on the web site and click the Submit button PRIOR to the close of the batch that contains that parcel.
 
Before being permitted to submit bids, bidders must complete the following steps on LienHub.com:
  1. Complete online registration
  2. Submit an Auction Schedule Agreement
  3. Complete IRS Form W-9
  4. Submit a deposit (online via ACH), if required
  5. Establish a budget
  6. Designate a Final Payment Account
  7. Receive bidder number assignment
The lowest bid rate accepted and buyer number of the successful bidder will immediately be entered into the tax collection database.
 
Parcels are auctioned individually in the sequence the parcels are listed in the newspaper advertisement.
 
Tax certificates are issued by electronic listing rather than by individual document certificates.
 
If there are no bidders on a parcel when auctioned, the tax certificate is issued to Miami-Dade County at the maximum rate of 18% interest.
 
The Miami-Dade Tax Collectors Office has the right to cancel any tax certificate that is improperly issued in accordance with Florida Statutes.
 
Tax payments will be accepted on advertised items at any time prior to the end of the day on June 1, 2024.
 
After the online sale is completed, the Tax Collector will review the results and balance the sale, confirming all payments have been received and removing any parcels that may have been erroneously included in the sale. Once the results have been verified by the Tax Collector, a final list of certificates will be available at the website. Each winning bidder will receive an email when the list is available, and will be able to log back into the web site, review and print a copy of their purchased certificates. The balance due for purchases will be automatically debited from the bank account the user designates as their "Final Payment Account" at 12:00 AM on June 5, 2024. Failure to make payment as required by the Tax Collector will result in the canceling of certificates issued to the non-paying bidder and the offering of those certificates for sale at a subsequent re-auction sale.

Tax certificates accrue interest from the date of issuance.
 
Tax certificates have a life of seven (7) years from the date of issuance.
 
Tax certificates may be transferred or assigned to someone other than the original buyer at any time before redemption at a cost of $2.25 per tax certificate. Any transfer/assignment of a tax certificate must be made by official endorsement, witnessed by the Tax Collector.
 
The Tax Collectors Office receives a fee of $6.25 for each tax certificate redeemed.
 
After redemption payments for tax certificate(s) are applied and check(s) are processed redemption checks will be mailed to the buyer of record.


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