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: 206
Average Price: $326,616
Highest Price: $4,000,000
Lowest Price: $75,000

Foreclosures for Sale in Sarasota & Manatee Counties

206 Properties Found. Page 1 of 13.
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 Bank Approval Needed Cash Offers Only Pls

Photo of Listing #A4417388

SHORT SALE. Welcome to the Preserve at Misty Creek. This is a wonderful golf course community with full time security. The lots are large and this particular pie shaped lot has 187 feet of lake ...

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 #N6102212

SHORT SALE - Home is being sold "AS IS". Fixer Upper. The home has two bedrooms, one full bathroom and one half-bathroom. Convenient inside laundry room. There is a storage shed on the property.

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 #A4429295

Short Sale. Located on the #1 rated beaches and one of the most desirable shorelines in the world. Live the Florida dream in this Siesta Key beachfront retreat. The exclusive, gated Gulf & Bay Cl...

Photo of Listing #T3164054

AMAZING Opportunity to own this 2 Bedroom and 2 Bath Villa + Bonus Room and make it your “Dream Florida Home” for a great value. This quiet & private, free standing Condo, in pet friendly 55+ Commu...

Photo of Listing #A4423434

Short Sale. SHORT SALE: 3 Bedroom 2 bath home is located in the University Pines Subdivision right off University Parkway. Close to great shopping, dining, theaters and the gulf beaches. This home ...

Photo of Listing #A4429874

Short Sale. BACKUPS REQUESTED! GULF FRONT GORGEOUS! Amazing sunsets and full gulf views are yours to enjoy from this fabulous Sea Village condo. This coastal home has been updated with a crisp, lig...

Photo of Listing #O5771650

Here's your opportunity to own this 3 bedroom 2 bath condo with attached garage on the first floor in Waterlefe. Step inside to find an open and spacious floor plan, tile floors, lots of windows to...

Photo of Listing #T3105004

Great investment opportunity on this quaint 2 bedroom, 1 bath home. No deed restrictions here, great neighborhood close to schools, just a few short blocks from the Manatee River, Downtown Bradento...

Photo of Listing #N6101596

SHORT SALE - Homeowner motivated. This is a beautiful fenced, corner lot home with almost 7 acres overlooking an on-property pond located in the equine community of Foxwood at Panther Ridge. The ...

Photo of Listing #A4420629

SHORT SALE: Make your appointment to see this family home today. Property must be actively listed for 5 days to meet lenders requirement before an offer can be accepted. All room dimensions are app...

Photo of Listing #A4431090

Adorable 3 bedroom, 2 bathroom single family home now available in central Sarasota! This home is ready for an easy face lift with just over 1400 square feet. Features include a spacious living roo...

Photo of Listing #A4431106

What a remarkable opportunity! Large 3 bedroom/2 bath with huge living room, kitchen open to family room, and oversized screened lanai overlooking the serene golf course and mature trees. Popular s...

 

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 March 26th, 2019 at 1:45am EDT.