Sarasota Foreclosures

Take a look below to view foreclosures in Sarasota, Bradenton, Siesta Key, Longboat Key, Casey Key, Bird Key, Lido Key, Lakewood Ranch, Osprey and Nokomis. This page is updated daily with new opportunities. To get up to the minute foreclosure or short sale listings sent to you via email, just click this link: Distressed Home Finder.

 Longboat Key Foreclosures  Siesta Key Foreclosures
 Casey Key Foreclosures  Lido Key Foreclosures
 Bird Key Foreclosures  Downtown Sarasota Foreclosures
 Lakewood Ranch Foreclosures     

Sarasota Foreclosures & Short Sales Within The Last 7 Days

New Sarasota & Manatee County Foreclosures   New Longboat Key Foreclosures
New Siesta Key Foreclosures   New Lido Key/Bird Key/Downtown Foreclosures
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Sarasota Foreclosures For Sale - Updated Daily!

All Listings $100,000 - $200,000 $200,000 - $300,000
$300,000 - $400,000 $400,000 - $500,000 $500,000 - $600,000
$600,000 - $700,000 $700,000 - $800,000 $800,000 - $900,000
$900,000 - $1,000,000 Over $1,000,000
544 Properties Found. Showing Page 1 of 37
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Bank Owned Property- Back On The Market! "gioiello...

$5,990,000
5 br, 6 ba, 6,700 ft² Residential
Price:
$5,990,000
City:
Sarasota
Beds:
5
Baths:
6
Type:
Residential
MLS® #:
A3975045
Provider:
Keller Williams On The Water

Bank Owned Property- Back On The Market! "gioiello Sull Baia" Was Built Like A Modern Day Castle, Yet...

Photo of Listing #A3975045

Short Sale - Bank Approved Price. Bird Key Waterfront...

$4,200,000
4 br, 6 ba, 6,789 ft² Residential
Price:
$4,200,000
City:
Sarasota
Beds:
4
Baths:
6
Type:
Residential
MLS® #:
A3998661
Provider:
Solutions Realty

Short Sale - Bank Approved Price. Bird Key Waterfront Home With Spectacular Waterfront Views And Breathtaking...

Photo of Listing #A3998661

Short Sale What An Opportunity To Live In A Premier...

$1,805,000
4 br, 4 ba, 4,869 ft² Residential
Price:
$1,805,000
City:
Sarasota
Beds:
4
Baths:
4
Type:
Residential
MLS® #:
A3972136
Provider:
Coldwell Banker Res R E

Short Sale What An Opportunity To Live In A Premier Neighborhood, On A Premier Waterfront Lot, In A...

Photo of Listing #A3972136

Reo!! Investors Dream! Two Additional Lots Included...

$1,400,000
3 br, 4 ba, 5,100 ft² Residential
Price:
$1,400,000
City:
Sarasota
Beds:
3
Baths:
4
Type:
Residential
MLS® #:
M5836665
Provider:
Coldwell Banker Residential Re

Reo!! Investors Dream! Two Additional Lots Included With This Price! One Of The Lots Is Directly On The...

Photo of Listing #M5836665

Beach House With Direct Gulf Views. This Unique Property...

$1,175,000
2 br, 2 ba, 1,174 ft² Residential
Price:
$1,175,000
City:
Longboat Key
Beds:
2
Baths:
2
Type:
Residential
MLS® #:
A3998452
Provider:
Berkshire Hathaway Homeservice

Beach House With Direct Gulf Views. This Unique Property Would Make A Perfect Vacation Home Or A Valuable...

Photo of Listing #A3998452

Short-sale, But With A Twist. It's Going To Be A Fast...

$1,149,000
5 br, 8 ba, 4,948 ft² Residential
Price:
$1,149,000
City:
Lakewood Rch
Beds:
5
Baths:
8
Type:
Residential
MLS® #:
A3994201
Provider:
Jubilee Real Estate Corp

Short-sale, But With A Twist. It's Going To Be A Fast Negotiation And Sale For The Right Buyer. This...

Photo of Listing #A3994201

Short Sale. Stunning Home In Gator Creek Is Situated...

$999,000
3 br, 4 ba, 5,264 ft² Residential
Price:
$999,000
City:
Sarasota
Beds:
3
Baths:
4
Type:
Residential
MLS® #:
A3998854
Provider:
Keller Williams On The Water

Short Sale. Stunning Home In Gator Creek Is Situated On 7 Manicured Acres Of Privacy Providing A Peaceful...

Photo of Listing #A3998854

Short Sale! Cherokee Park. Bank Just Approved For Quick...

$949,000
4 br, 4 ba, 3,694 ft² Residential
Price:
$949,000
City:
Sarasota
Beds:
4
Baths:
4
Type:
Residential
MLS® #:
N5780846
Provider:
Re/max Alliance Group

Short Sale! Cherokee Park. Bank Just Approved For Quick Closing. Excellent Opportunity For This West...

Photo of Listing #N5780846

Auction - Dates 6-28-2014 Thru 7-1-2014 - Gorgeous...

$897,200
5 br, 4 ba, 3,943 ft² Residential
Price:
$897,200
City:
Lakewood Ranch
Beds:
5
Baths:
4
Type:
Residential
MLS® #:
M5900077
Provider:
Realtyteam.com, Inc.

Auction - Dates 6-28-2014 Thru 7-1-2014 - Gorgeous Arthur Rutenberg Home In The European Inspired Neighborhood...

Photo of Listing #M5900077

Short Sale: 4 Bedroom, 3 Full Bath, 2 Half Bath, 4...

$875,000
4 br, 5 ba, 3,818 ft² Residential
Price:
$875,000
City:
Sarasota
Beds:
4
Baths:
5
Type:
Residential
MLS® #:
C7200094
Provider:
Thomas Ryan Real Estate Manage

Short Sale: 4 Bedroom, 3 Full Bath, 2 Half Bath, 4 Car Garage Or 2 Car Plus Barn/storage. 4 Stall Barn...

Photo of Listing #C7200094

Bank Owned Property Sold "as Is" Without Repair Or...

$870,000
3 br, 3 ba, 2,705 ft² Residential
Price:
$870,000
City:
Nokomis
Beds:
3
Baths:
3
Type:
Residential
MLS® #:
O5222319
Provider:
Realhome Svc & Solutions Inc

Bank Owned Property Sold "as Is" Without Repair Or Warranty. Listing Agent Has No Knowledge Of Property...

Photo of Listing #O5222319

Short Sale Pre-approved This Is A Short Window Of Opportunity.

$835,000
2 br, 3 ba, 1,991 ft² Residential
Price:
$835,000
City:
Nokomis
Beds:
2
Baths:
3
Type:
Residential
MLS® #:
N5780784
Provider:
Effort Realty

Short Sale Pre-approved This Is A Short Window Of Opportunity.

Photo of Listing #N5780784

Don't Miss Out On This Beautiful, Custom Built Home...

$825,000
5 br, 7 ba, 6,619 ft² Residential
Price:
$825,000
City:
Sarasota
Beds:
5
Baths:
7
Type:
Residential
MLS® #:
A4101764
Provider:
Allison James Estates & Homes

Don't Miss Out On This Beautiful, Custom Built Home On 5+ Acres. From The Gorgeous Fireplace In The...

Photo of Listing #A4101764

Price Reduced!! Very Possibly A Great Investment For...

$819,900
4 br, 5 ba, 4,917 ft² Residential
Price:
$819,900
City:
University Pk
Beds:
4
Baths:
5
Type:
Residential
MLS® #:
A3991849
Provider:
Atchley International Realty

Price Reduced!! Very Possibly A Great Investment For Someone Looking To Fix Up And Live In This Luxurious...

Photo of Listing #A3991849

Tropical And Waterfront Surroundings Makes This One...

$799,900
4 br, 4 ba, 2,723 ft² Residential
Price:
$799,900
City:
Sarasota
Beds:
4
Baths:
4
Type:
Residential
MLS® #:
A3998322
Provider:
Allison James Estates & Homes

Tropical And Waterfront Surroundings Makes This One Of The Most Beautiful Streets On Siesta Key. The...

Photo of Listing #A3998322

Good Foreclosure and Short Sale Blog Posts

Sarasota Foreclosures & Short Sale

The properties above are either short sales or foreclosures. It is much easier to purchase a foreclosure than a short sale. Typically, you can get a response back from the bank rather quickly whereas a short sale could take months.

A short sale occurs when the proceeds of a real estate sale are insufficient to cover the mortgage or balance owned on the property. In a short sale, the bank agrees to take less than what is owed to them due to an economic or financial hardship on the part of the borrower.

In a short sale the bank does not have title to the property. The homeowner still has title and must approve a purchase agreement. The seller then takes the agreed upon real estaet contract and submits it the bank for approvale. This negotiation can take a long time to accomplish. In many cases it takes months to process a short sale. Be prepared to spend a lot of time and energy in a short sale. If you need to move into a home quickly you should ignore short sales.

The foreclosure process is typically a bank or other secured creditor selling or repossessing a property after the owner has failed to comply with an agreement between the lender and borrower called a mortgage. In short, they stopped paying on the promissory note and the bank takes back the property. When the foreclosure proceeding is complete, the lender can dispose of the property and keep the proceeds to pay off the mortgage and any legal costs.

Buying a foreclosure, also known as REO or bank owned property, is easier than a short sale. Typically, you can get a response to an offer rather quickly. If you have a time line for purchasing it is best to look at bank owned properties instead of short sales.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Listing data comes from My Florida Regional MLS.

Listing information last updated on July 28th, 2014 at 4:08pm.