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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 $700,000 - $800,000 Over $1,000,000
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Photo of Listing #786801

75 Cullman Ave, SANTA ROSA BEACH, FL - $625,000

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,332 SQFT
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Come See This Classic Cottage Designed By Prescott Architects. This Is A Great Opportunity To Be In The Sought After Grove By The Sea Neighborhood. This 3 Bedroom / 2 Baths Cottage Is A Few Minutes Walk To The N Andalusia Beach Access. Enjoy Y...

Photo of Listing #786736

26 E Walton Magnolia Ln, INLET BEACH, FL - $4,100,000

Detached Single Family
  • 4 Beds
  • 2 Baths
  • 1,440 SQFT
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Amazing Gulf Front Lot And Cottage! 74'x 185' Of Beachfront Living!. Authentic Florida Cottage Offers 4 Bedrooms,open Concept Kitchen, Dining, Living Room, With Unobstructed Views As Far As The Eye Can See East To West. Purchase As An Investment P...

Photo of Listing #786411

9483 Parker Pl Dr, NAVARRE, FL - $174,900

Detached Single Family
  • 4 Beds
  • 2 Baths
  • 2,400 SQFT
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Looking For A House With Good Bones That Needs Some Updating? There Are 4 Bedrooms, 2 Baths, And 2,400 Sq. Ft. Of Living Space. The Large Kitchen Has An Island, And Plenty Of Storage. The Quiet Neighborhood Is Just Down The Road From Restaurants, ...

6960 Flintwood St, NAVARRE, FL - $267,900

Detached Single Family
  • 4 Beds
  • 2 Baths
  • 1,783 SQFT
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Freshly Painted, New Flooring Throughout, New Stainless Appliances, New Light Fixtures Inside And Out, New Faucets, New Sinks And More!!!! This 4 Bedroom 2 Bath All Brick Home On 1/2 Acre Lot In Holley By The Sea Offers A Spacious Great Room With...

77 Rue Caribe Dr, MIRAMAR BEACH, FL - $499,500

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,918 SQFT
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What A Fantastic Location For This 3 Bedroom, 2 Bath Reo In Miramar Beach! The Home Is Located In The Adorable Gated Community Of Caribe. This Community Offers Pools, Beach Access And Some Of The Most Interesting And Beautiful Architectural Styles...

9 Enchanted Way, SANTA ROSA BEACH, FL - $195,900

Detached Single Family
  • 3 Beds
  • 3 Baths
  • 1,658 SQFT
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Reo/foreclosure. Selling As-is. Convenient To Shopping, Restaurants And Sacred Heart Hospital. Established Neighborhood. 3bd/2.5ba House With One Bedroom Located On The First Floor. Corner Lot. Room Dimensions Are Approximate. Please Measure,...

4 Gilmore Dr, GULF BREEZE, FL - $174,900

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,313 SQFT
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Unique And Rare Opportunity To Own A Home And Land In Gulf Breeze Proper, For This Price. This Property Is A Diamond In The Rough And Will Require Some Tlc Before It Is Quite ''move In Ready.'' However, This Location Cannot Be Outdone. Very Close ...

1664 Woodlawn Way, GULF BREEZE, FL - $369,900

Detached Single Family
  • 4 Beds
  • 3 Baths
  • 3,002 SQFT
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Spacious 4/3 With Plenty Of Storage! This Home Has Over 3,000 Sq. Ft. And Includes A Separate Office/study, Formal Dining Room, Eat In Kitchen, And A ''jack And Jill'' Bathroom. The Kitchen Has Black Appliances, Solid Surface Counter Tops And Tons...

200 Sandestin Ln 209, MIRAMAR BEACH, FL - $117,500

Condominiums
  • 2 Beds
  • 2 Baths
  • 1,058 SQFT
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This Is A 3rd Floor Unit. A Great Investment Opportunity Or A Prime Location To Have A Condo In The Destin Area Close To The Beach From A Comparitive Point Of View. Unit Has 9 Ft Ceilings And A Large Laundry Room. All Appliances Included. This Uni...

Photo of Listing #783171

1943 Melissa Oaks Dr, GULF BREEZE, FL - $186,950

Detached Single Family
  • 4 Beds
  • 2 Baths
  • 2,007 SQFT
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Lovely Home Available Now In Desirable Gulf Breeze. Home Is Large, At Over 2k Square Feet And Features Four Bedrooms, Two Bathrooms, Large Eat-in Kitchen, Living Area With Fireplace And Vaulted Ceilings. Other Charming Features Include Chair Rails...

4192 E Co Highway 30-a B, SANTA ROSA BEACH, FL - $1,150,000

Attached Single Unit
  • 5 Beds
  • 5 Baths
  • 3,177 SQFT
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Don't Miss This Amazing Opportunity To Own This 5br/5ba, 3,177sf Townhome Only Steps To The Beach. Located In Seagrove On The South Side Of 30a This Townhome Has Deeded Beach Access & Would Make A Great Vacation Rental. The 1st Floor Features A Li...

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 November 21st, 2017 at 3:15pm CST.