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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
$700,000 - $800,000 $900,000 - $1,000,000 Over $1,000,000
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7938 Lola Cir, NAVARRE, FL - $232,900

Detached Single Family
  • 4 Beds
  • 2 Baths
  • 2,540 SQFT
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Great 4 Bedroom Ranch In Villa Danielle. Open Floorplan With Dining And Office. Large Kitchen With Island. Large Master With Separate Shower And Dual Sinks. Community Doc Access.

129 Hackberry Way, SANTA ROSA BEACH, FL - $234,000

Detached Single Family
  • 4 Beds
  • 3 Baths
  • 1,812 SQFT
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You Have To See This Beautiful Florida Cottage In The Plantation At Santa Rosa Beach. Home Has Been Newly Painted Inside, And Back Porch. This Home Has Stainless Appliances. 4 Bedrooms And 3 Full Baths Give You Plenty Of Room For The Whole Family ...

8747 Navarre Pkwy Unit 202, NAVARRE, FL - $279,000

Condominiums
  • 3 Beds
  • 3 Baths
  • 1,741 SQFT
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Reo. Exclusive Pier 23 Condominiums! This Waterfront Unit On The 2nd Floor Has Spectacular Views Of The Sound From The Living Room/dining Area/kitchen And Master Bedroom! Custom Cabinetry With Brazilian Granite Counter Tops In Kitchen And All Bath...

2213 Bellmead Cir, NAVARRE, FL - $126,000

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,251 SQFT
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Reo. This Home Is Located In A Great Subdivision Close To Hurlburt Afb And Minutes From The Beautiful Beaches Of The Gulf Of Mexico!. Nice Floor Plan With An Eat In Kitchen And A Seperate Dining Area. Fireplace In The Living Area For Cool Evenings...

Photo of Listing #769524

1001 Scenic Gulf Dr C, MIRAMAR BEACH, FL - $729,000

Attached Single Unit
  • 4 Beds
  • 4 Baths
  • 1,792 SQFT
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Sandy Beach Gulf Fronttownhousethis Beautiful, Newly Renovated Beachfront Townhouse Is Located Directly On The Beautiful, Emerald-green Crystal Clear Waters Of The Gulf Of Mexico. Directly Out Your Back Door, You Will Find The White Sand Beaches ...

Photo of Listing #769529

8820 Waynell Ct, NAVARRE, FL - $159,900

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,344 SQFT
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Brand New Roof And Carpet Flooring! This Fantastic Home Is Located In East Navarre On A Large 1/2 Acre Lot With Lots Of Privacy On A Quiet Dead End Street. This Home Boasts 3 Spacious Bedrooms, 2 Full Bathrooms And A Split Floor Plan. The Kitchen ...

3044 Palm St, GULF BREEZE, FL - $209,900

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,770 SQFT
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Beautiful Brick Home In Gulf Breeze! This Move In Ready Home Offers Three Spacious Bedrooms Two Full Bathrooms And Over 1700sqft Of Functional Floor Plan. Interior Features Brand New Carpet And Fresh Paint Throughout. Living Area Boasts Cathedral ...

200 Sandestin Ln 909, MIRAMAR BEACH, FL - $110,900

Condominiums
  • 2 Beds
  • 2 Baths
  • 1,068 SQFT
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Reo ~ Top Floor End Unit At Point Of View!! This 2 Bd / 2 Ba Offers Fresh Paint Through Out & New Kitchen Appliances! This Entire Unit Features Tile Floors. Point Of View Is Just Minutes To Grand Blvd & Sandestin Making Shopping & Dining Easy! ...

Photo of Listing #767098

9047 Orlando Ave, NAVARRE, FL - $409,900

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...

1664 Woodlawn Way, GULF BREEZE, FL - $379,900

Detached Single Family
  • 4 Beds
  • 3 Baths
  • 3,002 SQFT
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Move In Ready!!!this Spacious 4/3 Home Offers An Open Floor Plan, Great Curb Appeal, Over Sized Kitchen With Lots Of Storage, Granite Counter Tops, Maple Cabinets, Eat In Kitchen, Breakfast Bar, Large Windows Allows Natural Lights Throughout, Fren...

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 March 25th, 2017 at 4:30pm CDT.