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
$900,000 - $1,000,000 Over $1,000,000

Foreclosures for Sale in Sarasota & Manatee Counties

113 Properties Found. Page 1 of 8.
Photo of Listing #A4423323

WOW - this is a LOT of house for less than $150/per square foot! Lovely floor plan with FOUR bedroom and an OFFICE and both Formal Living and Dining, and Family Room and huge Breakfast Table area,...

Photo of Listing #A4423897

Endless potential with this newer home in the heart of University Place. The best price in the community. Some cosmetic items needed, however this home has good bones. Gorgeous, gated, and close...

Photo of Listing #C7410325

Harbor Isles is the perfect Florida destination for this 55 plus gated manufactured home community. A wide array of amenities for this golf cart friendly community including clubhouse, heated pool ...

Photo of Listing #A4423864

Short Sale. Short Sale / Third Party Approval Required. Investor Alert. Home needs lots work but has great potential. Three bedroom, one bath, block house. Home has nice large yard for dogs or grow...

Photo of Listing #A4423853

Bright and Clean 2 Bedroom 2 Bathroom 2nd floor condo with a balcony overlooking the tropical grounds. The Meadows offer golfing, bike paths, exercise paths and a newly completed pickle ball court....

Photo of Listing #O5756094

Investment opportunity available. This ranch home features 2 bedrooms, 1 bath, attached garage, good sized rooms, separate dining room and kitchen with ample counter and cabinet space. The home is ...

Photo of Listing #T3150616

Great Gulf Gate home that offers 2 bedroom/2 bathroom, Attached 1 car garage. The home features a nice open floor plan, den area, and nice size backyard that gives you option for entertainment or a...

Photo of Listing #T3151230

Auction property. Investor alert! Golden opportunity in Lillys Subdivision of Nokomis. 1978 3BR/1BA ranch on .17+acres. Buyer to verify all data. Needs TLC. Sold as-is! All bids should be entered b...

Photo of Listing #A4401320

Short Sale. SHORT SALE. Built in 2004, home has been pre-inspected to confirm its top condition. This private, gated, resort like Bayfront property, close to the City and very close to area’s most ...

Photo of Listing #O5755784

Investment opportunity this 3 bedroom 1 bath home features an open floor plan, great room with fireplace, tile floors, spacious kitchen with breakfast bar and large back yard. Some work is needed t...

Photo of Listing #A4423449

Pinewood Village - Lots of potential here in this 3 Bedroom 2 Bath split plan house! Bring your personal touches and make it your own! Needs many repairs but has good bones. Split bedroom plan, ...

Photo of Listing #A4423352

Don't miss seeing this adorable 2 Bedroom home with den. Features tile throughout living and kitchen combination area, spacious fenced back yard, 1 Carport. House needs repairs and updating, perfe...

Photo of Listing #A4423351

Short Sale. Do you love nature? Are you looking for a peace and tranquility? Then look no further. This gorgeous executive home on the much sought after Community of Rivendell has it all. The pri...

Photo of Listing #A4423083

Short Sale. This is your opportunity to take a step back in time and pick some Avocados and Mangoes from your trees of this relaxing magnificent estate with large pool right off Riverview Blvd. Hea...

Photo of Listing #A4422306

A STEAL IN THE COUNTRY CLUB! A rare opportunity to pay less than $200 per square foot for a single story home with preserve view, over sized lot (0.8 acres!) that need some cosmetic love. Very spa...

Photo of Listing #A4423379

Bent Tree Village a golf course community with mature trees and plenty of foliage alongside of several lakes ! Views abound on this mature landscaped homesite from living areas, kitchen, master be...

 

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.

Listing information last updated on January 15th, 2019 at 8:15pm EST.