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Sarasota Short Sale Condos For Sale

Explore Sarasota Short Sales For Sale

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Overview

Sarasota short sale condos are defined as condos where the Seller is looking to sell at a value below the amount owed on the mortgage. IT is important to utilize an experience buyers agent when considering making an offer on a short sale.

Sarasota Real Estate Statistics

Total Listings: 3,720
Average Price: $684,158
Highest Price: $16,570,000
Lowest Price: $10,000

Current Short Sale Condos In Sarasota

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$600,000 - $700,000 $700,000 - $800,000 Over $1,000,000
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Photo of Listing #A4405777

7682 Eagle Creek Dr, Sarasota, FL - $105,000

Residential, Condo
  • 2 Beds
  • 2 Baths
  • 983 SQFT
  • 2 DOM
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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 Screened In Balcony. Community Offers Many Ameni...

Photo of Listing #A4434645

6312 Midnight Pass Rd #704, Sarasota, FL - $750,000

Residential, Condo
  • 3 Beds
  • 2 Baths
  • 1,153 SQFT
  • 2 DOM
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Short Sale. Short Sale, This Is The Only Three Bedroom Unit In Crescent Arms, Directly On The Beach, Updated Several Yeas Ago, Ac Is Newer.

Photo of Listing #A4436523

109 Pass Key Rd #109, Sarasota, FL - $300,000

Residential, Condo
  • 2 Beds
  • 2 Baths
  • 981 SQFT
  • 2 DOM
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Short Sale. Short Sale Third Party Approval Needed. Sandy Cove Condominium Is Just Short Distance From Siesta Village And The Beach. Take A Walk Or Ride Your Bicycle In This Sought Out Neighborhood. Enjoy Siesta Key Living At Its Best. This Ho...

Photo of Listing #A4425375

6300 Midnight Pass Rd #503, Sarasota, FL - $1,050,000

Residential, Condo
  • 2 Beds
  • 2 Baths
  • 1,240 SQFT
  • 2 DOM
View details More Photos Save

Short Sale. Short Sale. Spectacular Views From This Updated 2 Bedroom 2 Bath Unit In Crystal Sands. Sweeping 180 Degree Views Of The Gulf Of Mexico. Strong Rental History. Crystal Sands Continues To Be One Of The Most Popular Complexes On The Ke...

Photo of Listing #T3153411

N/A, Sarasota, FL - $10,000

Residential, Condo
  • 3 Beds
  • 3 Baths
  • 1,250 SQFT
  • 5 DOM
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Short Sale. Short Sale. Home Has Extreme Mold - Do Not Enter Property. 3 Bedroom 2 Bath. Needs Complete Rehab.

5750 Midnight Pass Rd #309, Sarasota, FL - $700,000

Residential, Condo
  • 2 Beds
  • 2 Baths
  • 1,335 SQFT
  • 8 DOM
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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 Club Presents An Incredibly Privileged Lifestyle, Ri...

Photo of Listing #A4429874

4660 Ocean Blvd #r2, Sarasota, FL - $450,000

Residential, Condo
  • 2 Beds
  • 2 Baths
  • 1,200 SQFT
  • 62 DOM
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Short Sale. 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, Light And Bright Interior That Offers A Very Comfortable Living Space Fr...

5711 Soldier Cir #202, Sarasota, FL - $129,900

Residential, Condo
  • 2 Beds
  • 2 Baths
  • 1,141 SQFT
  • 66 DOM
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Short Sale. 2nd Floor Unit Located In The Gated Condo Complex Of Admiral's Walk. This Unit Is In Front Of The Complex And Very Quiet. All Buildings Recently Updated With New Windows, Roof, Siding, Paint, & Landscaping. Open And Airy With Great Lig...

4001 Beneva Rd #105, Sarasota, FL - $72,500

Residential, Condo
  • 2 Beds
  • 2 Baths
  • 1,052 SQFT
  • 101 DOM
View details More Photos Save

Short Sale. Trustee Sale. Must Sell. Great Location Close To Shopping, Beaches, Restaurants. Community Features Community Pool, Tennis Courts.

WANT THE BEST DEAL? QUESTIONS?

Sarasota Short Sale Condos For Sale

The market for Sarasota short sales is a competitive one, and Sarasota condo buyers often ask for us to send them short sales and foreclosures to view.  The idea if that they are searching for "deals", however short sales often times are not necessarily bargains.   It is important to note that a short sale list price is not necessarily the price that the condo will actually be sold for.  The seller owes more than they are asking as a list price, so even if the Buyer and Seller agree on sales terms and sign a contract, the lender has the final say as to what they are willing to accept as a sales price.

The process can be time consuming  (often several months or longer) for the bank to respond to the Buyer and Seller's sales agreement terms.  If the buyer has a limited timetable to purchase the condo, we do not recommend making offers on short sales.   We have had success selling short sales however, and at times, the deals are good.  However, there are many cases where the lender's response to a short sale contract is to ask for a a much higher price than was negotiated between the Buyer and Seller, and in these cases, the deal will not occur unless the Buyer agrees to pay the difference.

If you have any questions about purchasing a short sale in Sarasota, we are happy to take your calls and discuss your specific buying situation to determine of short sale condos are the best choice for you.

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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 June 24th, 2019 at 9:15am EDT.