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.

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Sarasota Foreclosures & Short Sales Within The Last 7 Days

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Foreclosures for Sale in Sarasota FL

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 Over $1,000,000
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4788 Sweetmeadow Cir, Sarasota $699,000

  • 5 Beds
  • 5.0 Baths
  • 5,591 SqFt
  • 0.38 Acres

Short Sale - Magnificent And Modern, This Striking Home Rests On A Prime Corner Lot In Turtle Rock, One Of The Finest Communities In Palmer Ranch. The More Than 5,000 Sq. Ft. Of Living Space Is Custom Designed To Reflect Dramatic Contemporary Style, And Fea...

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500 Roberts Bay Dr, Nokomis $179,900

  • 2 Beds
  • 2.0 Baths
  • 1,470 SqFt
  • 0.27 Acres

Short Sale. Water Access To Roberts Bay. Potential With A Capital P, And A Rare Opportunity For Gulf Access At This Price.fixer Upper With Great Location . Remodel Begun But Not Finished. This Is The Right House, For The Investor Or Savvy Buyer Who Wants ...

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1043 Elaine St, Venice $154,500

  • 2 Beds
  • 2.0 Baths
  • 980 SqFt
  • 0.16 Acres

Nice Quiet Street, That Is Close To Venice Avenue, Within 10 Minutes To The Beach Area. Has 2 Bedrooms, With A Split Plan, So Good Space Between The Bedrooms For Good Privacy. Includes A Dinette Next To The Kitchen For An Easy Dining Area. The Master Bed...

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6435 Berkshire Pl, University Park $549,900

  • 3 Beds
  • 3.0 Baths
  • 2,069 SqFt
  • 0.17 Acres

Enjoy Elegant Country Club Living In This Exquisitely Detailed, Custom Home Offering Unparalleled Quality, Finishes And Design Throughout. This Stunning Residence Boasts Hardwood & Tile Flooring, Crown Molding, Multiple Built In's, An Enclosed Lanai With We...

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2466 Alhaven Ter, North Port $184,900

  • 3 Beds
  • 2.0 Baths
  • 1,775 SqFt
  • 0.23 Acres

Great Location, Close To All That Is New In North Port And Just Minutes From I-75. Spacious 3 Bedroom Plus A Den/office Split Floorplan With Vaulted Ceilings. Brand New Ac, Brand New Septic Tank. The Master Bedroom Has A Large Bathroom With Dual Sinks & Ple...

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3111 78th Ave E, Sarasota $249,900

  • 2 Beds
  • 2.0 Baths
  • 1,668 SqFt

Pristine 2 Bedroom With Den Courtyard Style Residence Located In The Prestigious, Gated Palm Lakes Community. This Unique Split Floor Plan Boasts New Interior Paint & Carpeting, Vaulted Ceilings, Spacious Family Room With Dining Area And Large Open Kitchen ...

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2150 59th St, Sarasota $239,900

  • 3 Beds
  • 2.0 Baths
  • 2,480 SqFt
  • 2.14 Acres

Large Three Bedroom Two Bath House In Desoto Acres. Over 2 Acres Of Wooded Area With A Horse Stable And Zoned Residential Estate. Inside Utility, Separate Office, Family Room, Living Room, Eat In Kitchen, And Separate Dining Room. Screened Lanai With In ...

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1561 Harbor Dr, Sarasota $1,144,000

  • 5 Beds
  • 4.0 Baths
  • 4,674 SqFt
  • 0.45 Acres

Room To Roam! Great Buy On This Bank Owned 5 Bathroom, 4 Bath Home With Over 4,000 Square Feet Of Living Area Located On Walled End Oversized Lot. Gourmet Kitchen With Solid Wood Cabinets And Granite Countertops, Large Master Suite With Walk-in Closet And O...

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5020 32nd Avenue Dr W, Bradenton $200,000

  • 3 Beds
  • 2.0 Baths
  • 1,354 SqFt
  • 0.19 Acres

Short Sale Lake Royale Single Family Home In West Bradenton Across From Gt Bray Park Seeks New Owner. This Home Features Vaulted Ceilings, Split Bedrooms, And An Open Floor Plan For Entertaining. This Corner Lot Is Close To Shopping, Schools, Churches, An...

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274 Cape Harbour Loop #102, Bradenton $149,900

  • 3 Beds
  • 3.0 Baths
  • 1,200 SqFt

Private Preserve View From This 3 Bedroom/ 2 1/2 Bath Corner Unit Townhouse With 1,200 Sq Ft, Soaring Ceilings, Open And Bright Floorplan, Formal Dining Area And More! Bring Your Decorative Touches To Make This Your Home. Located In Heritage Harbour, A Comm...

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1864 Towering Oak Dr, Sarasota $274,900

  • 3 Beds
  • 2.0 Baths
  • 1,586 SqFt
  • 0.17 Acres

Beautifully Updated Home In Majestic Colonial Oaks. The Home Features 3 Bedrooms, 2 Baths, 2 Car Garage. New Roof, New Hvac, New Kitchen With Granite Counters, New Appliances, New Paint, New Carpet, And New Bathroom Vanities. Colonial Oaks Is A Deed-restric...

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1040 Villagio Cir #106, Sarasota $131,500

  • 1 Beds
  • 1.0 Baths
  • 822 SqFt

Villagio! Lakefront Condominium With Great Views Of Large Lake From Living Room, Dining Room, And Covered Porch. For The Security Minded The Condominium Community Is Gated. Community Amenities To Enjoy Are A Clubhouse, Fitness Center, Community Pool, And T...

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923 Circle Dr, Venice $525,000

  • 4 Beds
  • 3.0 Baths
  • 2,057 SqFt
  • 0.17 Acres

Short Sale. Welcome Home! Highly Sought After Venice Island Location. 4 Bedroom, 3 Bath, Pool Home. Double Master Bedrooms With En Suite Set The Stage For A Great Multi-generation Home Or An Incredible Investment Opportunity For Seasonal Rental. 2 Deed...

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4918 Escalante Dr, North Port $164,900

  • 3 Beds
  • 2.0 Baths
  • 1,601 SqFt
  • 0.29 Acres

Lakefront Pool Home In A Fantastic Location Has Been Recently Painted Inside, A New A/c Unit, New Pool Pump & Laminate Flooring Installed. The Home Features Tile Flooring, A Split Floor Plan, French Doors, An Open Concept Kitchen With Ample Cabinet & Counte...

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3106 45th Ave E, Bradenton $252,500

  • 3 Beds
  • 2.0 Baths
  • 1,817 SqFt
  • 0.17 Acres

Best Value In Wallingford. This Is A Nice Floor Plan With 3 Bedrooms, 2 Baths And 1817 Square Feet. Features Include Vaulted Ceilings, Decorator Niches, Screened Porch, And Fenced Yard. If You Are Looking For An Affordable Home Or Investment Property, Then ...

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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 May 23rd, 2017 at 4:08pm EDT.