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 $100,000 - $200,000 $200,000 - $300,000
$300,000 - $400,000 $400,000 - $500,000 $500,000 - $600,000
$600,000 - $700,000 $900,000 - $1,000,000

Market Statistics

Total Listings: 22
Average Price: $359,252
Highest Price: $995,000
Lowest Price: $104,500

Foreclosures for Sale in Sarasota & Manatee Counties

22 Properties Found. Page 1 of 2.
Photo of Listing #O5895688

One or more photo(s) has been virtually staged. Stunning 4BR/3BA pool home located in the gated community of River Wilderness with golf, tennis, community pool and much more! Boasting 3,100+ sq. ft...

Photo of Listing #A4478915

One or more photo(s) has been virtually staged. FANTASTIC and rarely available ISLAND AT RIVIERA DUNES gated community home overlooking the Marina. Enjoy sweeping water views, while you take a dip ...

Photo of Listing #A4478610

***MULTIPLE OFFERS, HIGHEST & BEST OFFERS ARE DUE TUESDAY 9/29/2020 BY 5:00 PM**Custom built home in a Gated Waterfront Community. Located on a Saltwater Canal with dock and direct access to the In...

Photo of Listing #T3265630

**BACK ON THE MARKET, ACCEPTING OFFERS**Great golf community 3 bedroom/2 bathroom, 2 car garage home. The home offers great views of the lake and golf course. The home opens up to lovely open livin...

Photo of Listing #A4478129

Short Sale. Nestled on a quiet, cozy culdesac is a three bedroom 2 bath house on over a quarter acre waiting for you to call it home. Upon approaching from the pavered driveway, and after entering ...

Photo of Listing #A4476997

Short Sale. Spacious Two Story, 3 bedroom, 2.5 Bath Townhome in the Parkridge Community with 1 car attached garage. Ground Level Entry into the open floor plan with a Great Room, Kitchen with Bre...

Photo of Listing #A4477330

Short Sale. SHORT SALE. Private corner lot with water views! Extended Grand Villa, best priced Florentino model in VGRC! Upgrade Kitchen granite counter tops, 42" solid wood cabinets. Island worksp...

Photo of Listing #A4477143

Short Sale. As short sales go this is an ideal property for a cash buyer and/or investor. It’s been occupied by squatters for over a year protected from eviction by the COVID moratorium. The hous...

Photo of Listing #A4477174

Auction Property. Enjoy golf course views from this spacious 3 bedroom/3 full bath/PLUS den, PLUS bonus room, formal living room, formal dining room and huge family room pool home with 3,337 sq ft,...

Photo of Listing #A4475657

Short Sale. Third Party Approval Required. This large villa gives you the feel of a stand alone villa. Large eat-in kitchen over looks family room. Unit has a nice layout where bedrooms spaced o...

Photo of Listing #T3257911

**NEW PRICE REDUCTION**Wonderful 3brm/2bth, 2 car garage Longwood run Beauty!!! The home offers recent updates new exterior, new title roof (2020), and HVAC (2020). The interior features an high ce...

Photo of Listing #A4474002

SELLER TO CONTRIBUTE $20K TOWARD REQUIRED MEMBERSHIP JOINING FEES AT CLOSE! Live the Lifestyle that you deserve. Live comfortably at Meridian in The Oaks Preserve in Osprey. The elevator brings you...

Photo of Listing #A4472291

Price Improvement. Perfection in Palma Sola Trace! Built in 2007, this is a newer home in an amenity rich community. Overall there are 4 bedrooms, 2.5 baths and 3057 sq/ft with a screened lanai an...

Photo of Listing #T3247432

**NEW PRICE REDUCTION**Great Palma Sola home looking for a New owner! 3 bedroom/2 bathroom with an attached 2 car garage. The home offers a nice layout, with loft type vibe, fireplace, and split be...

Photo of Listing #A4467650

REDUCED!!! Spacious end unit townhome with 1,419 sq ft, 3 bedrooms, 2 1/2 baths, open floorplan on first floor with ceramic tile floors, sunny kitchen and dining area, large laundry room. private f...

Photo of Listing #C7433275

Come check out this beautiful POOL & SPA home that sits on a cul-de-sac and is located in the serene community of Emerald Woods at the Oaks Preserve. This home offers 3 bedrooms, 2 bathrooms with 2...

 

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 September 29th, 2020 at 3:30pm EDT.