Sarasota FL Foreclosures

Below are bank owned properties for sale. This page is updated daily with virtual tours, photographs, descriptions, addresses and map of Sarasota foreclosures. If you would like to view any of these foreclosures please contact us. We would be happy to help you. 

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If you are looking for short sales instead of foreclosures visit our Sarasota short sale page. It is updated daily with short sale properties in Sarasota, Florida.

Sarasota Foreclosures & Short Sales Within Last Week

Sarasota Foreclosures For Sale - Updated Daily!

549 Search Results Found. Showing Results 1 - 15. New Search

323 S Washington Dr, Sarasota, 34236

$1,745,000
3 Beds, 3 Baths, 3097 sqft.
Sarasota, Florida. Subdivision: Saint Armands Division John Ringling Ests

MLS# A3919176, Built in 2005

Listing information courtesy of Michael Saunders & Company.

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2416 Bay Dr, Bradenton, 34207

$1,595,000
5 Beds, 4 Baths, 5387 sqft.
Bradenton, Florida. Subdivision: Not In Subdivision

MLS# M5812597, Built in 2008

Listing information courtesy of Wagner Realty.

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15830 County Road 675, Parrish, 34219

$1,499,900
3 Beds, 2 Baths, 3677 sqft.
Parrish, Florida. Subdivision: Not In Subdivision

MLS# M5805967, Built in 2005

Listing information courtesy of Horizon Realty International.

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2412 Bay Drive, Bradenton, 34207

$1,475,000
4 Beds, 3 Baths, 5348 sqft.
Bradenton, Florida. Subdivision: Not In Subdivision

MLS# A3892445, Built in 2009

Listing information courtesy of Coldwell Banker Res R E.

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549 Hornblower Ln, Longboat Key, 34228

$1,399,000
5 Beds, 3 Baths, 3839 sqft.
Longboat Key, Florida. Subdivision: Country Club Shores Unit 3 Sec 2

MLS# A3930589, Built in 2007

Listing information courtesy of Coldwell Banker Res R E.

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1675 Bay Harbor Ln, Sarasota, 34231

$1,250,000
4 Beds, 3 Baths, 4830 sqft.
Sarasota, Florida. Subdivision: Stillwater On The Bay

MLS# A3917064, Built in 2004

Listing information courtesy of Michael Saunders & Company.

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1835 Lincoln Dr, Sarasota, 34236

$989,000
4 Beds, 4 Baths, 2881 sqft.
Sarasota, Florida. Subdivision: Avondale Replat

MLS# A3930722, Built in 2000

Listing information courtesy of Re/max Alliance Group.

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3341 Bayou Sound, Longboat Key, 34228

$985,000
3 Beds, 2 Baths, 2421 sqft.
Longboat Key, Florida. Subdivision: Bay Isles Unit 2

MLS# N5770041, Built in 1979

Listing information courtesy of Listing Services Direct.

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7650 Albert Tillinghast Dr, Sarasota, 34240

$939,000
4 Beds, 4 Baths, 4607 sqft.
Sarasota, Florida. Subdivision: Laurel Oak Ests Sec 6

MLS# A3930237, Built in 1997

Listing information courtesy of Re/max Alliance Group.

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557 Fore Dr, Bradenton, 34208

$875,000
6 Beds, 6 Baths, 5927 sqft.
Bradenton, Florida. Subdivision: Riverdale Revised

MLS# A3931155, Built in 2008

Listing information courtesy of Century 21 Dockside Rlty Assoc.

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1032 Rainbow Ct, Bradenton, 34212

$838,900
5 Beds, 6 Baths, 5400 sqft.
Bradenton, Florida. Subdivision: Waterlefe Golf & River Club Un11

MLS# M5813413, Built in 2004

Listing information courtesy of Realtyteam.com, Inc..

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8312 Linger Lodge Rd, Bradenton, 34202

$799,000
3 Beds, 2 Baths, 1800 sqft.
Bradenton, Florida. Subdivision: Not In Subdivision

MLS# R4593561, Built in 1998

Listing information courtesy of Re/max Metro.

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7318 Chatsworth Ct, University Park, 34201

$683,600
3 Beds, 3 Baths, 3261 sqft.
University Park, Florida. Subdivision: University Park

MLS# A3931105, Built in 2002

Listing information courtesy of Re/max Alliance Group.

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5621 Gulf Of Mexico Dr, Longboat Key, 34228

$649,000
2 Beds, 2 Baths, 1395 sqft.
Longboat Key, Florida. Subdivision: Salty Acres Condo

MLS# A3917401, Built in 1985

Listing information courtesy of Realtyone Florida.

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7928 Royal Queensland Way, Lakewood Ranch, 34202

$649,000
5 Beds, 3 Baths, 4119 sqft.
Lakewood Ranch, Florida. Subdivision: Lakewood Ranch Country Club

MLS# A3928392, Built in 2001

Listing information courtesy of Re/max Alliance Group.

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Sarasota Foreclosures & Short Sale

The properties below have already gone through the foreclosure process and are owned by a bank or lender. 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 real estate 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. This negotiation can take a long time to accomplish. In many cases it takes months to negotiate a short sale. Be prepared to spend a lot of time and energy in a short sale negotiation. If you need to move into a home quickly it might be best to exclude short sales from your list.

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.