Destin Foreclosures

The number of Destin foreclosure homes, also known as bank owned properties or REO (real estate owned) properties, is rising rapidly, which means that you could have a handle on a bargain that you can make into your next home, an investment rental property or an investment sale property. The Destin foreclosure market is a niche that is seeing more interest. However, the unique nature of foreclosures in Destin FL is such that expert advice is highly recommended. Ā Read more about Destin foreclosure homes.

Destin Foreclosures

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 Over $1,000,000
148 Properties Found. Showing Page 1 of 10
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2989 Bay Villa Ct, Sandestin - 541237

Photo of Listing #541237

$2,460,000

  • 5 Beds
  • 7.0 Baths
  • 6,407 SqFt

Detached Single Family

Sandestin, FL

$500,000 Price Reduction On This Bank Owned Beauty In Burnt Pine!! Exterior Features Include Stucco Walls With Custom Faux Treatment, Clay-tile Roofing, Cooper Gutters And Wrought Iron Fixtures. ...

Pelican Real Estate

781 Bayou Dr, Destin - 561864

Photo of Listing #561864

$1,790,000

  • 5 Beds
  • 5.0 Baths
  • 4,163 SqFt
  • 0.96 Acres

Detached Single Family

Destin, FL

Bank-owned Waterfront Living On Joe's Bayou With Sweeping Bay Views! Extremely Flexible Owner Financing Available. This Beautiful Custom Home Was Designed And Built For Entertaining Family And Frie...

Cindy Cole Fine Homes

557 Waterview Cove Dr, Freeport - 704580

Photo of Listing #704580

$1,630,000

  • 4 Beds
  • 6.0 Baths
  • 5,341 SqFt
  • 13.00 Acres

Detached Single Family

Freeport, FL

Luxurious Waterfront Retreat. If You Seek Privacy & Spectacular Views This Is The Estate For You! Located On Alaqua Bayou With Views To Choctawhatchee Bay And South Walton. The Estate Is Situated ...

Newman Dailey Resort Properties Inc

8057 Gulf Blvd, Navarre - 571054

Photo of Listing #571054

$1,325,000

  • 3 Beds
  • 3.0 Baths
  • 1,716 SqFt
  • 0.30 Acres

Detached Single Family

Navarre, FL

Bank Financing Available. This Is One Of The Most Affordable And Pleasant Gulf Front Homes On The Market And Is The Quintessential Site For The Laid Back Florida Lifestyle. The House Is Laid Out Al...

Livin Right Real Estate Llc

219 Scenic Gulf Dr 1630, Grand Dunes - South Tower

Photo of Listing #707644

$1,150,000

  • 3 Beds
  • 3.0 Baths
  • 2,500 SqFt

Condominiums

Miramar Beach, FL

Magnificent Gulf Front Rental Restricted Building. A Few Of The Amenities Of This Spectacular 16th Floor Unit Are A Private High Speed Elevator, 11 Foot Ceilings, 11' Deep Tiled Balcony With Stainl...

Dream Team Realty Of Nw Florida Llc

263 Leaning Pines Lp, Destin - 700962

Photo of Listing #700962

$1,029,000

  • 5 Beds
  • 12.0 Baths
  • 4,700 SqFt
  • 0.42 Acres

Detached Single Family

Destin, FL

What A Beautiful 5 Bedroom 7 1/2 Bath Home In Kelly Plantation! The First Floor Has Two Bedrooms That Include The Master Suite With His And Her Baths, Walk-in Closets, A Glamorous Tub, Bidet, Firep...

Keller Williams Realty Emerald Coast - Destin

500 Walton Way, Miramar Beach - 702468

Photo of Listing #702468

$865,000

  • 4 Beds
  • 2.0 Baths
  • 4,266 SqFt
  • 1.03 Acres

Detached Single Family

Miramar Beach, FL

Very Unique Property With Over 1 Acre Of Land And 100 Feet On Choctawhatchee Bay. Phenomenal Views. Better Potential. Use Your Imagination To Make This Property Your Own. Don't Wait...you'll Be...

Dream Team Realty Of Nw Florida Llc

4077 Indian Bayou N, Destin - 709697

Photo of Listing #709697

$849,900

  • 4 Beds
  • 3.0 Baths
  • 3,054 SqFt
  • 0.53 Acres

Detached Single Family

Destin, FL

Beautiful Home With Loads Of Southern Charm Home Situated On A Large Waterfront Lot On Protected Deep Water. This Home Is Spacious, Open & Has Gorgeous Water Views From Almost Every Room. The Ma...

Finn Realty Inc

662 E Highway 98 250, Grand Harbor

Photo of Listing #710853

$845,900

  • 4 Beds
  • 4.0 Baths
  • 2,995 SqFt

Condominiums

Destin, FL

Wonderful Second Floor Unit. Quiet, Comfortable And Secure And Has All The Room You Need For Family Living And Entertaining. As You Enter The Grand Foyer It Flows Through To The Expansive Living A...

Dream Team Realty Of Nw Florida Llc

4400 Windlake Dr, Niceville - 609457

Photo of Listing #609457

$825,000

  • 4 Beds
  • 3.0 Baths
  • 3,610 SqFt
  • 0.29 Acres

Detached Single Family

Niceville, FL

Foreclosure. Exceptional Custom Waterfront Home, Which Has New Appliances, New Interior Paint And Two New A/c Systems. This Waterfront Home Is Located On Grass Lake In The Gated Community Of Sout...

Coldwell Banker United Realtors-nville

451 Allen Loop Dr, Santa Rosa Beach - 704616

Photo of Listing #704616

$729,900

  • 4 Beds
  • 4.0 Baths
  • 3,888 SqFt
  • 0.86 Acres

Detached Single Family

Santa Rosa Beach, FL

Bank Owned Foreclosure 4 You!! Price Reduced $45,000! This Property Could Be A True Showcase With Some Updating And Tlc And Priced Well Below Market Comparables. Amazing Views Of Oyster Lake, Walki...

Keller Williams Realty Emerald Coast - Destin

44 Daybreak Ct, Santa Rosa Beach - 705221

Photo of Listing #705221

$699,900

  • 4 Beds
  • 4.0 Baths
  • 2,899 SqFt
  • 0.13 Acres

Detached Single Family

Santa Rosa Beach, FL

Right Where You Want To Be!! This Beautiful 3 Story 4 Bedroom 4 Bath Beach House Is In A Nice Gated Community South Of 30a. The 1st Floor Has A Huge Rec Room, Bedroom, & Full Bath. The 2nd Floor ...

Finn Realty Inc

725 Gulfshore Dr 201b, Harbor Landing

Photo of Listing #605594

$599,900

  • 3 Beds
  • 3.0 Baths
  • 2,044 SqFt

Condominiums

Destin, FL

Beautiful 2nd Floor End Unit With Panoramic Views From The Living Room And Master Bedroom Of The Harbor, Gulf And Okaloosa Island. The Floor Plan Is Open And Functional With Many Upgrades, Granite ...

Pelican Real Estate

50 Surfsong Ln B-506, Mediterranea

Photo of Listing #710116

$554,900

  • 2 Beds
  • 3.0 Baths
  • 1,471 SqFt

Condominiums

Destin, FL

.*** This Property Is Eligible Under The Freddie Mac First Look Initiative Through 08/06/2014. During The First 20 Days A Home Is Listed For Sale In The Mls, Only Offers From Owner-occupants (prima...

Era American Real Estate - Panama City Branch

29 Lake Pointe Dr, Santa Rosa Beach - 704648

Photo of Listing #704648

$549,900

  • 3 Beds
  • 3.0 Baths
  • 2,315 SqFt
  • 0.33 Acres

Detached Single Family

Santa Rosa Beach, FL

What A Location For This 3 Bedroom 2.5 Bath Beauty! The Property Is Located In A Gated Community With A Dock For The Residents Use. The Open Living Area, Screen Porch And A Huge Lot Are Perfect For...

Keller Williams Realty Emerald Coast - Destin

Buying a Destin Bank Owned Property or REO

A Destin foreclosure can be lower than the standard going rate due to the property being in disrepair, falling home values or the institution owning the home has a plethora of foreclosures and wants to get rid of it. It is possible to buy your first home this way or obtain a rentable property that you can fix up while receiving rent income that goes to the mortgage. Reselling former foreclosure homes or renting them out to screened individuals and families helps maintain a good neighborhood, ensuring that criminal activity is not encouraged to take root in the area.

Purchasing a foreclosure home is not the same as purchasing a regular home. Many foreclosures are in poor condition and you may not have the leisure to inspect it as you would wish. You need to know the legalities involved in purchasing a foreclosure in Destin and the timeframe that you may be looking at. Sometimes foreclosures can take months to come fully into your possession. The wise foreclosure investor checks the title for liens and taxes owed on the property, if any. You should also consider buying only vacant properties, as tenants on the property mean you may have an unpleasant and costly eviction ahead of you.

Destin foreclosure condos and townhomes are quite common and require some special handling to ensure that you're getting a great deal in a good complex or community. Make sure that you get a copy of the CC&Rs (covenants, conditions and restrictions), study the budget and are aware of rules that might affect your enjoyment of ownership. All the normal condo buying rules apply here, but in addition, you will want to make sure that the foreclosure you're looking at is not one of a number of foreclosures in the complex. This can affect your home values and make the property difficult to rent or sell.

Entrusting your Destin foreclosure search to an experienced professional is the best way to navigate the waters of the foreclosure market and find the home you want, for the price you want and with no hidden problems. Find out more by contacting Tim Shepard, your Destin RealtorĀ®.

Contact Tim Shepard for more information about Destin foreclosure real estate

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2014, All rights reserved.

Listing information last updated on July 30th, 2014 at 6:01pm CDT.