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 | $700,000 - $800,000 | Over $1,000,000 |
Market Statistics
This 2 bedroom 2 bath condo in a 55+ community offers sizeable kitchen with breakfast bar, living room and tiled rear porch. The community offers a pool and convenient to nearby amenities. Take a ...
Short Sale. Nestled behind lush landscape on a double lot is this historical Spanish revival home built in 1925 by the famous architect Ralph S. Twitchell. This special home is rich in flavor with...
Dive into a great opportunity! This 3 bedroom, 2 bath pool home has 1496 sq/ft and is situated on a large corner lot. Interior features include 10 ft ceilings, decorative archways, plant shelves, g...
TWO BLOCKS FROM THE WHITE SANDS OF THE WORLD FAMOUS SIESTA KEY BEACH*RARELY AVAILABLE, AND NEVER THIS CLOSE TO THE BEACH, MID CENTURY MODERN TWITCHELL DESIGNED HOME*LARGE OPEN GREAT ROOM LAYOUT WIT...
Perfectly Priced in Parkstone! This townhome has 3 bedroom, 2.5 baths, 1489 sq/ft and a 1 car garage. It is located on a dead end street with long views of the Pond with Western exposure for great ...
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 ceiling living room area,...
Spacious home with four bedrooms, three bathrooms and a den with a beautiful lake view! It offers a caged pool with new pump and a spa. Chelsea Oaks in Parrish is a gated subdivsion with homes bui...
LOCATION, LOCATION, LOCATION! Located on a quiet cut-de-sac in the desirable community of Briarwood. This 3 bedroom 2 bath pool home needs some tlc but has great bones! Briarwood offers a low HOA f...
Live the Lifestyle that you deserve. Live comfortably at Meridian in The Oaks Preserve in Osprey. The elevator brings you to your own private lobby. Inside this spacious unit, there is a grand foye...
Ranch home in Bradenton offers 3 bedrooms, 2 baths, spacious kitchen with breakfast bar open to dining area, good sized rooms and rear covered patio. Work is needed to ready this home, paint, dryw...
Wonderful River Plantation Home!!! Spacious 5 bedroom/3.5 bathroom, 3 car garage, located in a well maintained community. The home features an open living room and dinning area, that flows out to t...
Amazing 3 bedroom 3 bathroom home with Large living room and family room located on Shamrock lake. Located in Venice close and convenient to downtown Venice, shopping and beaches . This property i...
Short Sale. *Short Sale* Rare opportunity to own a Lakefront home in County Palms in the University Parkway /Tuttle Rd area. This beautiful 3 bedrooms, 2 bath, 2 car garage home has an open split f...
Price Improvement. Perfection in Palma Sola Trace! This home has been pre inspected and recently renovated to deliver outstanding value with a maintenance free lifestyle. Built in 2007, this is a ...
| 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 August 15th, 2020 at 1:15am EDT.