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 Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $700,000 - $800,000 $800,000 - $900,000
$900,000 - $1,000,000 Over $1,000,000
41 Properties Found. Showing Page 1 of 3
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8057 Gulf Blvd, Navarre - 571054

$1,325,000

  • 3 Beds
  • 3 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...

160 My Way, Santa Rosa Beach - 719755

$445,000

  • 4 Beds
  • 2 Baths
  • 2,304 SqFt
  • 0.34 Acres

Detached Single Family

Santa Rosa Beach, FL

Three Story Waterfront Home In A Great Neighborhood. This Home Features 2 Fireplaces And 2 Hvac Systems As Well As 2 Balconies And A Large Deck Facing The Bayou. The Dining Area Features Bamboo Flo...

2027 Heritage Park Way, Navarre - 722818

$364,500

  • 4 Beds
  • 3 Baths
  • 2,676 SqFt
  • 0.26 Acres

Detached Single Family

Navarre, FL

Reo. Waterfront Gated Community! This 4 Bedroom, 3 Bath Home Has An Oversized Side Entry Garage And A Courtyard Entry. Heritage Park Subdivision Is An Exclusive Waterfront Gated Community With Po...

2054 Heritage Park Way, Navarre - 721491

$349,900

  • 4 Beds
  • 3 Baths
  • 2,620 SqFt
  • 0.25 Acres

Detached Single Family

Navarre, FL

Reo. Gorgeous Home In Waterfront Community Located On The Santa Rosa Sound In Navarre. This Home Features 4 Bedrooms And 3 Baths With 2620 Square Feet. Upgraded Features Include: 11 Foot Ceiling...

2781 Dunsmuir Dr, Navarre - 713081

$213,900

  • 4 Beds
  • 3 Baths
  • 2,992 SqFt
  • 0.25 Acres

Detached Single Family

Navarre, FL

Space, Space & More Space... 4 Bd / 3 Ba Home Features Spacious Living Room Area, Large Kitchen With Island & Breakfast Bar, Formal Dining Room. The Master Suite Offers Garden Tub, Double Vanity &...

2007 Alfred Blvd, Navarre - 724923

$209,900

  • 4 Beds
  • 3 Baths
  • 2,410 SqFt
  • 0.25 Acres

Detached Single Family

Navarre, FL

Beautiful Brick Home In Navarre * Unique Floor Plan Featuring Award Winning His & Hers Bathrooms * Custom Neutral Paint Throughout * Open Spacious Kitchen, Dining And Family Room With Large Breakfa...

9352 Vandivere Dr, Navarre - 720807

$206,900

  • 3 Beds
  • 2 Baths
  • 1,955 SqFt
  • 0.29 Acres

Detached Single Family

Navarre, FL

This Is A Very Nice 3 Bedroom, 2 Bath All Brick Home That Is Located On The Soundside In Biscayne Pointe. The Home Features Hardwood Flooring In Living Room, Tile In Kitchen And Baths And Carpet In...

2221 Prytania Cir, Navarre - 724717

$175,000

  • 3 Beds
  • 2 Baths
  • 1,319 SqFt
  • 0.46 Acres

Detached Single Family

Navarre, FL

Reo. Freshly Painted And New Flooring! Open Floor Plan, Well Organized Kitchen With Tile Countertops, Wood Burning Fireplace, Master Bath Includes Double Sinks With Cultured Marble Countertops An...

9721 Leeward Way, Navarre - 728305

$169,900

  • 3 Beds
  • 2 Baths
  • 1,505 SqFt
  • 0.11 Acres

Detached Single Family

Navarre, FL

This 3 Bedroom 2 Bath Home With Pool Is Move-in Ready! Great Location Between Navarre And Hurlburt Field. Inside This Gated Community You Will Find A Home That's Been Updated With New Appliances, L...

8556 Corbin Ct, Navarre - 724443

$131,000

  • 3 Beds
  • 2 Baths
  • 1,488 SqFt
  • 0.25 Acres

Detached Single Family

Navarre, FL

Reo Opportunity In Ross Crossing 3 Bedroom, 2 Bath House Needing Repairs. This Is A Split Bedroom Floor Plan With Open Concept. When You Enter The House The Dining Area Is To Your Left With A Win...

2136 Hillary Ln, Navarre - 718147

$84,900

  • 3 Beds
  • 2 Baths
  • 1,167 SqFt
  • 0.14 Acres

Detached Single Family

Navarre, FL

With A Little Love, This 3 Bedroom, 2 Bath Home Would Be The Perfect Home Or Investment Property. The Home Features Vaulted Ceilings, Hardwood Flooring In The Kitchen And Living Room And Carpet In...

2350 Crescent Wood Rd, Navarre - 726936

$79,900

  • 2 Beds
  • 2 Baths
  • 1,440 SqFt
  • 0.31 Acres

Detached Single Family

Navarre, FL

Cute 2 Story Home On A Good Sized Lot! 3 Bedroom, 2 Full Bath With A 1 Car Attached Garage * Location Is Close To Hurlburt And Eglin. Buyer To Verify All Information They Deem Important Including ...

2187 Janet St, Navarre - 722701

$49,000

  • 3 Beds
  • 2 Baths
  • 1,075 SqFt
  • 0.19 Acres

Detached Single Family

Navarre, FL

This Is A Bank Owned Property. Close To Hurlburt (check), Close To Beaches (check), What Are You Waiting For? This Home Needs Tlc But Look At The Price. This 3 Bedroom Home East Of Navarre Is Rea...

8147 Menorca St, Navarre - 727851

$44,900

  • 2 Beds
  • 1 Baths
  • 1,164 SqFt
  • 0.46 Acres

Detached Single Family

Navarre, FL

This Is A Fannie Mae Reo Homepath Property. Great 2 Bedroom Home With The Addition Of A Bonus Room In The Attic! The Living Room Has A Pot Bellied Stove In A Bay Window Area, And The Eat-in-kitchen...

8280 Lucena St, Navarre - 728664

$33,000

  • 3 Beds
  • 2 Baths
  • 1,064 SqFt

Detached Single Family

Navarre, FL

Reo... Great 3 Bd / 2 Ba Home Situated On Approximately 1/2 Acre In Navarre. Home Offers An Open Floor Plan With Eat-kitchen & Breakfast Bar. Just Two Miles To The Beach! Don't Miss Out On This ...

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, Copyright2015, All rights reserved.

Listing information last updated on May 6th, 2015 at 5:30am CDT.