Sarasota Foreclosures & Short Sales

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 on the MLS. To get up to the minute foreclosure or short sale listings sent to you via email, just click this link: Distressed Home Finder.

 

Foreclosures for Sale in Sarasota & Manatee Counties

All Listings Under $100,000 $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

Market Statistics

Total Listings: 145
Average Price: $282,189
Highest Price: $1,427,400
Lowest Price: $75,000

Foreclosures for Sale in Sarasota & Manatee Counties

145 Properties Found. Page 1 of 10.
Photo of Listing #A4166591

Short Sale. Short Sale. The house is a nice three-bedroom, two-bath with no garage in an ideal location. There is a pool and an outdoor living area with some nice updates. Nice backyard. There are ...

Photo of Listing #A4197395

Short Sale. Short Sale Bank Approval Needed Cash Offers Only Pls

Photo of Listing #A4468259

Short Sale. This 2 bedroom plus den, 3 bathroom home is light and bright with plenty of natural light. Tile throughout, cedar lined closets, wood burning fireplace in living room. Nice sun room tha...

Photo of Listing #A4405777

Short Sale, subject to third party approval. This 2 bedrooms, 2 bathroom end unit is tucked away on a private street within Palm Aire. Enjoy the beautiful golf course views from your second floor...

Photo of Listing #N6102351

SHORT SALE: This home has two bedrooms, two bathrooms, living room, kitchen and dining room. With it's own entrance, the in-law suite has an open floor-plan with 1 bedroom and bathroom, living/din...

Photo of Listing #A4438700

Short Sale. Short Sale. Subject to third Party approval . Excellent opportunity to build sweat equity. This conveniently situated home is easily accessible to Bradenton or Sarasota and only 50 minu...

Photo of Listing #A4444862

Short Sale. Three Bedroom two bath home in Gulf Gate. 1500+ sq ft of living area along with large outdoor area and pool. Walking distance to Gulf Gate Elementary school along with all the restaura...

Photo of Listing #T3245103

Gated Del Tierra home with Pond views! Built in 2016, this 1798 square foot home has 4 bedrooms, 2 bathrooms, 2 car garage and gorgeous views from your covered patio. The floor plan is open and inv...

Photo of Listing #C7429303

***POOL HOME*** This home boasts 1,626 SqFt of living space with 3 bedrooms, 2 bathrooms AND a POOL! Here you are located in the Lake Ridge Subdivision. With great curb appeal, this home offers ton...

Photo of Listing #A4459991

Short Sale. SHORT SALE - 2 story home in need of major rehab

Photo of Listing #A4454954

Short Sale. SHORTSALE. This is a short sale. The Sale of the property may be conditioned upon approval of a court, a lender, or other third party. Sold AS-IS.

Photo of Listing #A4453778

Short Sale. SHORT SALE. Golden opportunity for an investor. Needs lots of work. Mold appears to be present but hasn't been tested. If you have breathing issues, please conduct yourself according.

Photo of Listing #A4463843

Can you believe a pool home in northwest Bradenton for this price? It has not been loved lately but you can fix that. Location is key.. You'll be near popular schools, shopping, medical faciliti...

Photo of Listing #C7428598

Located in Ridgewood Estates 2Br, 1Bath home with carport. Nicely shaded yard and centrally located to shopping, medical facilities, schools & I75. Quite neighborhood. Good investment opportunity. ...

Photo of Listing #A4458989

Short Sale. SHORT SALE! SHORT SALE! MULTIPLE OFFERS. HIGHEST AND BEST DUE BY NOON, FEBRUARY 10TH. THIS IS IN QUAIL RUN JUST OFF OF TELEVAST. 3/2/2 ALL TILE. OPEN FLOOR PLAN, WITH AN OPEN KITCHEN. N...

Photo of Listing #A4466714

Spacious 2 bed/2 bath single family home located in popular Kensington Park! Remodeled and ready for you to move right in and make this your home. BRAND NEW AC, BRAND NEW ROOF, NEW KITCHEN with GR...

 

All Foreclosures & Short Sales Foreclosures & Short Sales Listed Within the Last 7 Days
 Longboat Key Foreclosures  New Longboat Key Foreclosures
 Casey Key Foreclosures  New Siesta Key Foreclosures 
 Bird Key Foreclosures  New Lido Key/Bird Key/Downtown Foreclosures
 Lakewood Ranch Foreclosures  New Lakewood Ranch Foreclosures
 Siesta Key Foreclosures  
 Lido Key Foreclosures  
 Downtown Sarasota Foreclosures  

 


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 home or condo 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 estate contract and submits it the bank for approval. 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.

 

 

Communities

Sarasota Bradenton
Anna Maria Island Longboat Key
Siesta Key Lido Key
St. Armands Circle Bird Key
Casey Key Downtown Sarasota
Lakewood Ranch West of Trail
Palmer Ranch St. Petersburg

 

Lifestyles

Suburbs Condo Living
Luxury Properties Gated Communities
Beach Condos Downtown Living
Waterfront Golf & Tennis
Barrier Islands Master Planned Communities
55+ Communities Acreage

 

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 DBA Stellar MLS.

Listing information last updated on May 31st, 2020 at 2:45pm EDT.