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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.  Read more about Destin foreclosure homes.

Listings for Destin Foreclosures & Bank Owned Properties

All Listings $100,000 - $200,000 $200,000 - $300,000
$300,000 - $400,000 $400,000 - $500,000 $500,000 - $600,000
$600,000 - $700,000 $800,000 - $900,000 $900,000 - $1,000,000
Over $1,000,000
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Photo of Listing #757712

9500 Grand Sandestin Blvd 2206, SANDESTIN, FL - $174,900

Condominiums
  • 1 Bed
  • 2 Bath
  • 821 SQFT
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Reo. More Views From The Largest Balcony On The Second Level And Style Than You Would Expect To Find In Any One Bedroom Condominium. Located In The Elegant Grand Sandestin Adjacent To The State Of The Art Conference Center And The Village Of Bayto...

Photo of Listing #767499

2250 Whispering Pines Blvd, NAVARRE, FL - $157,500

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,382 SQFT
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Freshly Painted The Interior A Neutral Color, New Carpeting, New Hvac And New Roof! Cute 3 Bedroom 2 Bath Home Located Close To Hurlburt Afb, Shopping And The Beautiful Beaches Of The Gulf Of Mexico! This Home Has A Nice Sized Living Area And Cut...

Photo of Listing #767451

1822 Edgewood Dr, NAVARRE, FL - $279,900

Detached Single Family
  • 4 Beds
  • 4 Baths
  • 2,539 SQFT
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Stunning Two Story Red Brick Home In Holley By The Sea! This Home Was A Featured Show Case Home For The Parade Of Homes And Has Tremendous Curb Appeal. As You Walk Though The Beautiful New Front Door You Will Be Instantly Impressed By The New Prof...

9047 Orlando Ave, NAVARRE, FL - $419,900

Detached Single Family
  • 4 Beds
  • 4 Baths
  • 3,048 SQFT
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This Stunning Reo Property Is Located The Popular Gated Community Of Heritage Park And Is Literally Mins From Navarre Beach! Built In 2006, This 2 Story Home Has Privacy Fenced Back Yard, Side Entry 3 Car Garage And A Large Balcony Just Off The Up...

2253 Prytania Cir, NAVARRE, FL - $169,500

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,861 SQFT
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New Listing In The Established Neighborhood Of Fox Den. Close To Hurlburt Afb, Shopping, And Navarre Beach. One Story All Brick Home With Split Bedroom Floor Plan. 3 Bedrooms And 2 Full Bathrooms. Laminate Floors In Both Guest Bedrooms. Large ...

2158 Calle De Cantabria, NAVARRE, FL - $153,000

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,167 SQFT
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Reo. Freshly Painted! New Carpet! 3 Bedroom, 2 Bath Home Featuring A Vaulted Ceiling In Living Area With A Fireplace To Warm You On Cool Nights! French Doors In The Dining Room Leading To An Open Deck For Warm Night Bbq's! Wood Laminate Floors...

2296 Prytania Cir, NAVARRE, FL - $234,900

Detached Single Family
  • 4 Beds
  • 3 Baths
  • 2,432 SQFT
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Gorgeous 2-story Home In East Navarre That Offers 4 Bedrooms, 3 Full Bathrooms And Nearly 2,500 Sqft Of Living Space! Just Minutes Away From Navarre Beach, Shopping And Schools! Come And See This Nearly All Brick Home With A Brand New Roof! Relax ...

Photo of Listing #765873

202 Loblolly Bay Dr, SANTA ROSA BEACH, FL - $259,900

Detached Single Family
  • 4 Beds
  • 3 Baths
  • 2,260 SQFT
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Reo ~ This Spacious 4 Bd / 3 Ba Home In Driftwood Estates Offers Plenty Of Room For A Growing Family. The Living Room Features Cathedral Ceiling & Fireplace. The Large Kitchen Features Breakfast Bar & Plenty Of Cabinet Space. The Downstairs Also O...

Photo of Listing #765192

50 Surf Song Ln Unit C-507, MIRAMAR BEACH, FL - $1,099,000

Condominiums
  • 3 Beds
  • 4 Baths
  • 3,283 SQFT
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New Price! Penthouse Unit At The Mediterranea Of Destin - Reo Property.the View Is Breathtaking From Inside Or Standing On The Balcony. Situated In The Center Of The Complex Gives This Unit A Perfect View Of The Pool, Jacuzzi, White Sandy Beaches ...

Photo of Listing #764878

5000 Sandestin Blvd S 7008, MIRAMAR BEACH, FL - $212,900

Condominiums
  • 1 Bed
  • 1 Bath
  • 750 SQFT
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Reo ~ Resort Living At Its Best! This 1 Bd / 1 Ba Unit At Luau I Is Situated On The 10th Floor Offering Views Of The Grounds & The Gulf Of Mexico. You'll Enjoy Entertaining On Your Spacious Private Balcony. Situated Within The Sandestin Golf &...

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. 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, Copyright2017, All rights reserved.

Listing information last updated on January 21st, 2017 at 2:15am CST.