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
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Sarasota Foreclosures & Short Sales Within The Last 7 Days

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Sarasota Foreclosures For Sale - Updated Daily!

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$900,000 - $1,000,000 Over $1,000,000
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290 N Washington Dr, Sarasota $5,990,000

  • 5 Beds
  • 6.0 Baths
  • 6,700 SqFt
  • 0.26 Acres

Venetian Elegance, Bay-front Home Just Steps To The Heart Of St. Armands Circle And The Gulf Of Mexico With No Bridges To Sarasota Bay And Easy Access To The Gulf Of Mexico. Spend Your Day At The Beach Followed By Shopping And World-class Dining And Finish ...

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336 W Royal Flamingo Dr, Sarasota $4,200,000

  • 4 Beds
  • 6.0 Baths
  • 6,789 SqFt
  • 0.43 Acres

Short Sale - Bank Approved Price. Bird Key Waterfront Home With Spectacular Waterfront Views And Breathtaking Sunsets. This Tuscan Inspired Masterpiece Offers Almost 7,000 Square Feet Of Indoor Living Space With 5 Bedrooms, 5 Bathrooms, 1 Half Bath, 3 Car ...

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7338 Periwinkle Dr, Sarasota $1,924,900

  • 4 Beds
  • 6.0 Baths
  • 4,493 SqFt
  • 0.41 Acres

Nice Bay Front Home In Coral Cove. Located Near The End Of The Street For Good Privacy, And On A Large Lot To Maximize The Outdoor Living Space To Enjoy, And Entertain Your Friends And Family. This Home Was Designed To Take Advantage Of The Expansive Bay ...

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8128 Midnight Pass Rd, Sarasota $1,426,900

  • 3 Beds
  • 4.0 Baths
  • 4,088 SqFt
  • 1.26 Acres

Great Opportunity To Own Over An Acre Of Land With Mature Landscaping And Trees On Peaceful Heron Lagoon On Siesta Key. Property Can Be Divided (per Sarasota Co.) Into The 4 Original Buildable Lots Or You Can Enjoy The Existing Main House Which Is An Eclect...

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5104 Lockwood Ridge Rd, Sarasota $1,350,000

  • 5,073 SqFt
  • 3.00 Acres

Short Sale - A 16,000+/- Square Foot 3 Story Office Building With Asphalt Parking Lot With Lighting, Water Retention, Central Water And Sewer And Decorative Fencing. Current Net Operating Income Of Approx. $107,000. There Is Also A Pad For An Additional 1...

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6812 Belmont Ct, Lakewood Ranch $1,299,900

  • 4 Beds
  • 4.0 Baths
  • 4,717 SqFt
  • 0.52 Acres

Great Opportunity In Lakewood Ranch Country Club Village, Wonderful Golf Course Frontage Within A Gated Community. Excellent Curb Appeal, Landscaping, Paver Driveway And Large Caged Pool. The Interior Features A Built In Buffet/bar Within The Spacious Liv...

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2962 Dick Wilson Dr, Sarasota $1,250,000

  • 5 Beds
  • 6.0 Baths
  • 6,319 SqFt
  • 1.03 Acres

Short Sale - Spectacular 2 Story Nariah Model Built By John Cannon In 2003. Gourmet Kitchen With Dacor 6 Burner Range, 3 Ovens Including One Convection, Twin 48" Subzero Refrigerator And Freezer And 3 Fischer Paykel Dishwashers. Butler's Pantry With Sink A...

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7736 Holiday Dr, Sarasota $1,200,000

  • 4 Beds
  • 4.0 Baths
  • 3,373 SqFt
  • 0.21 Acres

** Short Sale ** Big And Beautiful Mainland Waterfront Home On Wide Canal Directly Off Sarasota Bay, West Of The Trail. No Expense Was Spared When This Home Was Built In 2007 With High End Appliances, Fixtures, Wiring, Flooring And More.

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800 N Tamiami Trl # Ph1805, Sarasota $1,154,400

  • 3 Beds
  • 4.0 Baths
  • 3,219 SqFt

Spectacular 18th Floor, 3200sf Alinari Grand Penthouse With Private 1600sf Roof Top Lanai. Amazing Unobstructed West, East And Southwest Views Across Sarasota Bay, Longboat Key And Into The Gulf Of Mexico. You Can Watch The Sun Rise In The East And Set In T...

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2306 Canasta Dr, Bradenton Beach $1,149,000

  • 4 Beds
  • 4.0 Baths
  • 2,413 SqFt
  • 0.21 Acres

This Is Not A Short Sale. Spectacular Intracoastal Waterway Views From This Multi Story Custom Built Home. Features Include, Wood And Ceramic Tile Floors Throughout, Crown Molding, And French Doors Leading To Multiple Balconies. A Chef's Kitchen Has All Sta...

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440 Meadow Lark Dr, Sarasota $1,104,900

  • 4 Beds
  • 3.0 Baths
  • 2,908 SqFt
  • 0.38 Acres

Prime Large Corner Lot Is Minutes By Boat To The Gulf. Bird Key Is Sarasota's Premier Boater's Community. Large Split Ranch Is In Good Condition, Needs A Liitle Work Being Vacant For A Few Years. 3 Car Garage, Raised Ceilings, Caged Lanai/pool, Dock And 2 L...

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7755 Holiday N Dr, Sarasota $1,099,000

  • 3 Beds
  • 4.0 Baths
  • 4,317 SqFt
  • 0.29 Acres

This Is Not A Short Sale. Beautiful Contemporary Waterfront Home With Dock And Pool On Canal. Open Updated Kitchen, Family Room W/fireplace, Large Master With Elegant En Suite With Dual Sinks And Separate Tub And Shower. Many Custom Built Ins Throughout. A...

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10315 Riverbank Ter, Bradenton $1,035,000

  • 4 Beds
  • 6.0 Baths
  • 5,626 SqFt
  • 0.51 Acres

Short Sale-custom Riverfront Estate In Waterlefe's Exclusive Enclave "the Shores". The Shores Is Home To 28 Residences, Only 14 Of Which Are Riverfront Estates. These Homes Are Rarely Available & Highly Coveted. Waterlefe Offers World-class Amenities Not Fo...

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7012 Hawks Harbor Cir, Bradenton $999,999

  • 4 Beds
  • 4.0 Baths
  • 3,778 SqFt
  • 0.30 Acres

This Impressive Waterfront Home Is Situated In Hawks Harbor On Sarasota Bay And On Some Of The Best Boating Water In Sarasota And Bradenton. The Private Boat Dock Is Approximately 30’ Long. Also, There Are No Bridges To The Bay Or Gulf. Enjoy The Pool Fe...

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14427 E State Road 64, Bradenton $975,000

  • 2 Beds
  • 1.0 Baths
  • 832 SqFt
  • 8.58 Acres

Short Sale! Prime Retail Development Site Fronting Recently Widened State Road 64. Lorraine Road At The Corner Is The Main North To South Roadway East Of I-75 That Takes You Into The Northern Side Of Lakewood Ranch And Residential Communities To The North. ...

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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 January 31st, 2015 at 3:01am EST.