The Bidding Process
"Surplus Property" is real property that serves no future use for the county and may be declared surplus and sold. In May 2018, Sarasota County completed a review of all county-owned lands. As a function of that review, parcels were designated for potential surplus sale. Identified surplus properties are now being offered for sale via a “Sealed Bid” process. All properties currently available for bidding are listed in the MLS and on https://www.SarasotaCountySurplusProperties.com. Please see website for additional information and to submit all questions. Please note that neither Real Estate Asset Disposition Corp. (“READ Corp.”) nor County, can answer any question regarding any Property directly. All questions submitted will be answered on the property’s page at the website listed above.
Bid Process:
Directions for submitting a bid:
Attention: Hayley A. Baldinelli
1660 Ringling Blvd., Suite 240
Sarasota, FL 34236
Bid Process:
- Sarasota County has a minimum 30 day, or longer, bid timeline depending on property. See specific property page for timelines for each property.
- This is a sealed bid process and no bids will be opened prior to this timeline.
- All bids MUST be written on the Sarasota County approved contract found in attachments section of MLS.
- All bids must be fully executed by all parties submitting the bid and witnessed by two other individuals, that are unrelated to the transaction. ANY BID RECEIVED WITHOUT WITNESS SIGNATURES WILL NOT BE CONSIDERED.
- If you are a buyer, READ Corp. can assist in submitting your bid. Just click “Contact” page and submit your contact info. We will contact you within 1 business day to assist in submitting your bid.
Directions for submitting a bid:
- All bids must include: “Proof of Funds” for cash offers, or a “Pre-Approval Letter” for financing offers.
- Sarasota County pre-approved contract and Proof of Funds/Pre-Approval Letter must be mailed in a sealed envelope directly to:
Attention: Hayley A. Baldinelli
1660 Ringling Blvd., Suite 240
Sarasota, FL 34236
- Package tracking number is recommended for proof of receipt.
| sarasota_county_bidding_contract.pdf |
