Heron Pond, the long-empty condominium community in Pembroke Pines, has finally changed hands, selling for $20.5 million in a court receivership sale that caps a years-long legal fight. The 25-acre property has sat vacant since city officials ordered all residents to evacuate in 2024 and it remains fenced off and monitored.
The sale was first reported by the South Florida Business Journal on July 23, 2026, which noted that the deal came through a court-controlled receivership process and that the site is expected to be redeveloped. According to the Business Journal, the transaction finally brought an end to a sale process slowed by competing claims and rounds of litigation.
Court records show that receiver Daniel J. Stermer, appointed by the court to take control of the troubled property, named Miami-based Integra Real Estate as the stalking-horse bidder and set its $20.5 million offer as the minimum auction price. An appeals panel later signed off on the deal. An Eleventh Circuit opinion lays out the competing bids and explains why the court upheld the sale…