Condos for less than a new car

2 of 8

Miami, Fla.

Price: $23,450

Beds: 1
Baths: 1.5
Square feet: 898

Description: This foreclosure property is a sweet deal. It has been well maintained, has an extra half-bath, and comes with central air and a parking space. There's a beautiful swimming pool on the grounds as well as green lawns and shade trees.

The location in the Ives Estates section is north of downtown Miami, about halfway between there and Fort Lauderdale. The beach is just minutes away.

One reason it's so inexpensive is that the building does not allow renters, so investors are not interested.

For more information: Trulia

NEXT: Glendale, Ariz.

Last updated August 02 2010: 3:50 AM ET

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