2 Beds   2 Baths   1,125 Sq. Ft.   Single-Family
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Coco Ridge Cir
Sarasota, FL 34233

Status: Inactive
Listing ID: 55231976

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,125
  • Year Built: 1966
  • Comments: Invest with success and buy through Auction.com. This foreclosure investment property is a great opportunity to rehab and flip for potential profit or rent out for long-term income. This 1,125 square feet property features 2 beds and 2.0 baths. It is located in Sarasota County in the city of Sarasota. Be ready to bid and buy at auction on 11-01-2021. Visit Auction.com to find additional property details, time-saving reports, and important auction information.
  • Day(s) On Site: 832
  • Subdivision: SOUTH GATE RIDGE 03
  • Property Type: Single Family Dwelling
  • Deed Category: NFS

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Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • Rooms: 5
  • No. of Stories: 1
  • Parking: ATTACHED FINISHED GARAGE
  • Parking Sqft: 312
  • Air Conditioning: YES
  • Construction Type: MASONRY
  • Exterior Wall Type: CONCRETE BLOCK
  • Foundation Type: SLAB
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE/HIP
  • Land Area Sqft: 11,767
  • Year Built: 1966
  • APN: 0071-04-0059
  • Property Type: Single Family Residence
  • Living Sqft: 1,125
  • Garage: ATTACHED FINISHED
  • Subdivision: SOUTH GATE RIDGE 03

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Address: Coco Ridge Cir Sarasota FL 34233

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Auction Information

  • Minimum Bid: $100
  • Auction Date: 11-01-2021

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Sarasota, FL
Home Inspectors
Fine Home Inspections, Inc.
Jamie Milholland
941-362-4862
Home Inspections Plus, LLC
James J VanSuch
941-926-5026
Reliable Florida Home Inspections LLC
Glen Leach
941-716-0208
G. Stephens and Associates, Inc.
Glenn Stephens
941-914-1204
Jigsaw Home Inspections, Inc.
Kurt L Arbogast
941-807-4456
Homes On This Street
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Coco Ridge Cir
Sarasota, FL 34233

2 Beds   2 Baths   1,125 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 55231976

Property Information

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Public Records

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Property Description

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Listing URL

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