101 days on market$430,000
Bank owned (REO)
7740 Sandy Ridge Drive 241 Bldg 44Reunion, FL, 34747
- 5 beds
- 4 baths
- 2,630 sqft
Spectrum Resort, Reunion Resort, Florida
Spectrum Resort homes for sale: foreclosures and REO
We show Spectrum Resort homes for sale flagged Real Estate Owned in the MLS. This is not a directory of every foreclosure, court auction, short sale or pre-foreclosure property.
Spectrum Resort listings flagged Real Estate Owned
1 listingThe community behind the listing
For buyers considering Spectrum Resort foreclosures for sale, we focus on Spectrum Resort homes for sale flagged Real Estate Owned in the MLS. Spectrum, also marketed as Spectrum+, sits within Reunion Resort in Osceola County, Florida. The search boundary includes condos and phase-two townhomes, with no property-type, bedroom or price restriction. A clubhouse, fitness center, resort-style pool with cabanas, playground and shared outdoor gathering space give you amenities to consider for everyday living or second-home use. Confirm which access rights transfer with the individual property and whether membership charges apply. Our Spectrum Resort community page provides broader context beyond this bank-owned selection.
REO, auction and short-sale listings are different
Selection uses only the MLS Real Estate Owned flag. Short sales are a separate listing category.
| Aspect | Sale status | What it means | Does this search select it? |
|---|---|---|---|
| Institution-owned property | Real Estate Owned (REO) | Held by a lender or institution, commonly after foreclosure or a deed in lieu. | Yes, when the MLS listing carries the Real Estate Owned flag. |
| Judicial sale | Court foreclosure auction | A separate judicial sale process administered through the court system. | No. This search is not an auction directory. |
| Lender-agreed sale | Short sale | A sale below the mortgage debt with lender or servicer agreement. | No. A Short Sale flag alone does not qualify. |
| Before completed foreclosure | Pre-foreclosure | The period before foreclosure is completed, not an REO ownership category. | No. A pre-foreclosure reference alone does not qualify. |
What to review before making an REO offer
Start with the property's records and seller terms. REO status alone tells you neither its condition nor the full cost of ownership.
Inspection access and property condition
Confirm inspection access, review condition reports and obtain repair estimates. An appraisal addresses value and does not replace an independent inspection.
Seller terms and your contractual options
Read seller addenda alongside the purchase contract. Repair, credit and cancellation options depend on the agreed terms, not simply the bank-owned label.
Association documents and reserve records
Read declarations, bylaws, rules, budgets and financials. Reserve studies address funding; milestone inspections assess condition. Check applicable records.
Property-specific ownership costs
Obtain actual association charges, assessments, applicable membership costs, insurance, taxes, closing charges and inspection-based repair estimates.
Spectrum Resort market snapshot: all prices and conditions
All site-listed Spectrum Resort properties across types, bedrooms, asking prices and listing conditions. Not this page's filtered segment or sold values.
- For sale now
- 26
- Median asking price
- $385,000
How to read the nearby sales
The cards below show completed sales within a nearby radius of the first property returned by the Spectrum Resort REO search. That search determines the starting location, but its filters do not carry over to the sold properties. A card may therefore show a home outside Spectrum, a different property type or bedroom count, another price range, or a sale without REO status. Use these transactions to understand nearby activity, not as automatically matched comparables. Differences in condition, ownership structure and association obligations matter when assessing a particular asking price; proximity alone does not establish a discount.
Nearby radius sales: past 12 months, not matched comparables
77 properties sold within half a mile in the last 12 months · median $382,000
7770 Sandy Ridge Drive Unit 1143 bed · 3 bath · 1,491 sqft
$265,000
Sold Nov 6, 2026
7593 Gathering Drive Unit 3092 bed · 2 bath · 1,646 sqft
$380,000
Sold Oct 30, 2026
901 Golden Bear Drive11 bed · 14 bath · 10,436 sqft
$7,125,000
Sold Oct 22, 2026
1224 Royal View Terrace3 bed · 3 bath · 1,708 sqft
$375,000
Sold Oct 20, 2026
Narrow your Spectrum Resort REO search by price
Keep the property criteria for this Spectrum Resort search while narrowing your budget. Homes priced exactly at each ceiling are excluded.
- REO homes under $300K in Spectrum Resort
- REO homes under $400K in Spectrum Resort
- REO homes under $500K in Spectrum Resort
A search may have no current matches. Asking prices do not include all acquisition or ongoing ownership costs.
Questions about buying a Spectrum Resort REO property
Gaby Sadler
Property Specialist, Serhant
Find your Spectrum Resort home with Gaby
Tell me your budget, preferred layout and plans for the home. I can help you compare Spectrum Resort properties and identify the ownership records, costs and access arrangements to review.
Find the right property for your plans
Review the available Spectrum Resort REO listings, then speak with us about the documents, condition and ownership costs of a property that interests you. Bring your intended use and budget into that conversation so the review addresses your priorities, not just the asking price. Our pages on Spectrum Resort HOA fees and membership provide related context, while the property's own records establish its obligations and access rights. For a separate view of all listing conditions, see Spectrum Resort homes for sale. See Spectrum Resort short sales for that separate sale category.