Miami rapper Flo Rida took a $170,000 loss in a bad real estate deal. The money was for a down payment for a home that was never signed over to him by its owners.
Here's the story -- Flo claims he attempted to purchase the home from Florida couple Pierre and Marie Malette in 2009 ... but the deal never closed.
Flo claims he handed over the money as a down payment, but the Malettes never signed over the house ... leaving Flo with no house and no money.
Sources close to Flo tell us he's not as upset about the house -- he wasn't going to live there ... it's more about the dough.
The Malettes have since filed for bankruptcy ... and now Flo has filed a claim in their case, demanding his $170K.
Good luck with that, bruh.