01 / 04
This is a mortgage foreclosure on a condominium apartment in Plaza del Mar, Carolina. Banco Popular is enforcing a modified loan with a principal of $161,316.87 and a current balance owed of approximately $119,411.23 plus interest at 4.125% annual from August 2023, plus costs and fees totaling around $18,000. The property faces two significant subordinate liens: a second mortgage to Associates International Holding Corporation for $119,500 at 11.682% interest, and a lawsuit by MTGLQ Investors, LP claiming $89,272.31. Both junior liens survive the sale. The winning bidder takes the property subject to those encumbrances. The auction requires cash, postal money order, or certified check payable to the marshal at the time of sale. Investors should verify lien amounts, priority, title status, occupancy, HOA fees, and possession risk before bidding.
Condominio Plaza Del Mar 3001, Avenida Isla Verde, Apartamento 1602, Carolina, PR · Puerto Rico
Apartment 1602 on the 16th floor of Condominio Plaza Del Mar, located on State Highway 187 in Barrio Cangrejo Arriba, Carolina. The unit measures 1,403.56 square feet (130.44 square meters) including a north-facing balcony. Boundaries: 50'8" north facing the Atlantic Ocean; 50'8" south facing the common corridor; 29' east adjoining apartment 1601 and exterior space; 29' west adjoining apartment 1603 and exterior space. Includes parking space #74 and storage unit #47 in the basement. Participation share: 0.686525% in common elements.
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Aug 10, 2026 | 10:30 AM | $161,317 | passed |
Second auction | Aug 17, 2026 | 10:30 AM | $107,545 | passed |
Third auction | Aug 24, 2026 | 10:30 AM | $80,658 | passed |
Sign in with a Plus or Pro plan to view court case details.
View pricingSign in with a Pro plan to view market analysis for this listing.
View pricingThis sample combines multiple recorded sources, including any likely auction transfer inferred from a public record dated within nine months after a scheduled auction. Transactions below $25,000 are excluded from market statistics. Directional confidence. Use this sample as market context. It is not a complete sales ledger. Sample refreshed May 2026.