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This is a judicial foreclosure auction brought by Banco Popular de Puerto Rico after a court judgment, not a voluntary sale. The auction appears to involve a condominium or apartment unit in Ponce, so bidders should review whether the collateral description in the notice matches the property they intend to underwrite. For investors, the main diligence issues are title status, lien priority, HOA or maintenance fees, occupancy, and physical condition. Payment is due at the auction.
Montemar Apartments, situado en la Carretera número dos (2) kilómetro doscientos cincuenta y cinco punto dos (255.2) en el Barrio Canas del término municipal de Ponce,, Puerto Rico, apartamento ciento treinta y uno (131), localizada en el Edificis '1531', piso primero
Urbana: Propiedad Horizontal: Colinda por el Norte, con pared hacia el exterior, puerta de acceso a apartamento y escalera; por el Sur, con pared exterior; por el Este, con pared exterior; y por el Oeste, con apartamento ciento treinta y dos (132) y escalera. Esta propiedad está formada por sala, comedor, cocina, tres (3) dormitorios con closets, baño y área de lavandería. Le corresponde un (1) estacionamiento doble identificados con los números doscientos cincuenta y cuatro (254) y doscientos cincuenta y cinco (255) y una participación de uno punto mil trescientos cuarenta y nueve (1.1349) por ciento en los elementos comunes
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Jan 8, 2025 | 11:00 AM | $85,000 | passed |
Second auction | Jan 15, 2025 | 11:00 AM | $56,667 | passed |
Third auction | Jan 23, 2025 | 11:00 AM | $42,500 | passed |
Recorded sale | Apr 30, 2025 | Time not recorded | $85,300 | Possible auction sale |
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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 Jul 2026.
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