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 Over $1,000,000

Market Statistics

Total Listings: 187
Average Price: $277,942
Highest Price: $1,599,900
Lowest Price: $75,000

Foreclosures for Sale in Sarasota & Manatee Counties

187 Properties Found. Page 1 of 12.
Photo of Listing #A4166591

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 some things ...

Photo of Listing #A4197395

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

Photo of Listing #T3205295

Short Sale. .

Photo of Listing #A4452823

Short Sale. Needs some TLC, but this 3 Bed 2 bath ranch, on a quiet cul de sac, is perfect for a family. It is in a great location with proximity to shopping, beaches, highways and schools.

Photo of Listing #U8070378

Short Sale. Enjoy island life and live 1 block from Lido Beach in this 2 bedroom home. Home features an open concept kitchen living room, an updated bathroom and kitchen and a washer and dryer with...

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 #A4457674

Short Sale. Here comes your next home. Needs a little TLC but once all done this will be beautiful. This 2 bedroom 2 bath has lots of square footage. The South Venice Ferry and Boat ramp is a bike ...

Photo of Listing #A4460223

Don’t wait to see this ONE! This 2 story single family home has so much to offer starting with front walled with gate for privacy. The palm tree lined driveway leads to this 4 Bedroom home built i...

Photo of Listing #A4436467

Short Sale. Short Sale. Third party approval needed. Farm house in need of renovation. This family home boast barn and horse stable. This home nestled in a woody area with view and access of th...

Photo of Listing #T3224395

Adorable very clean - Turnkey 3 bedroom, 2 bath home features include new stainless-steel appliances, new cabinets, new counter tops, updated hardware, freshly painted and more. Schedule your showi...

Photo of Listing #A4456070

Short Sale. SHORT SALE. Value in the land. House needs total rehab or to be removed. Attic is home to raccoons and other rodents. Entire roof, soffits, facia need replacing. Also the lot is ove...

Photo of Listing #A4460009

INVESTOR ALERT !!! This 3 bedroom and 2 bathroom home is waiting for an update so don't miss out on this opportunity. Located on a large lot on a dead end street with no need restrictions offers ...

Photo of Listing #A4460110

Fabulous opportunity to own this charming home built in 1954 located in Central Sarasota. 4 bedroom + Den, separate dining area, covered patio. Home needs maintenance and repairs being sold as i...

 

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 February 19th, 2020 at 5:00pm EST.