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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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Photo of Listing #769476

9856 Creet Cir, NAVARRE, FL - $167,900

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,902 SQFT
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Reo. Charming, Lakefront Home Located In The Orion Lakes Subdivision! Home Includes 1,902 Square Feet, Three Bedrooms, And Two Full Bathrooms. The Kitchen Offers Lots Of Cabinets For Storage, Kitchen Island, And Lots Of Counter Space For Easy Meal...

Photo of Listing #769524

1001 Scenic Gulf Dr C, MIRAMAR BEACH, FL - $799,000

Attached Single Unit
  • 4 Beds
  • 4 Baths
  • 1,792 SQFT
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Sandy Beach Gulf Townhousethis 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 That ...

Photo of Listing #769529

8820 Waynell Ct, NAVARRE, FL - $169,900

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 ...

Photo of Listing #766762

3631 Pearl Ct, NAVARRE, FL - $235,000

Detached Single Family
  • 4 Beds
  • 3 Baths
  • 2,974 SQFT
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Beautiful Turn Key Home In Navarre!! This 2 Story Brick Home Offers Four Spacious Bedrooms, Two And Half Bathrooms And Over 2900sqft Of Split Bedroom Floor Plan With Recessed Lighting Throughout And Crown Molding. Interior Features Home Office /st...

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 ...

4800 Westwinds Dr 4800, MIRAMAR BEACH, FL - $569,000

Condominiums
  • 2 Beds
  • 2 Baths
  • 1,090 SQFT
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Simplicity Combined With Five Star Amenities And Spectacular Gulf Views For Under $600k. Located On The 12th Floor Of The Westwinds Tower This 2 Bedroom, 2 Bathroom Condo Is A Nirvana For Beach Lovers. The Light-filled Living Room Provides Access ...

200 Sandestin Ln 909, MIRAMAR BEACH, FL - $129,900

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! ...

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 ...

Photo of Listing #766182

2296 Prytania Cir, NAVARRE, FL - $222,900

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 ...

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 February 22nd, 2017 at 10:45pm CST.