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 $600,000 - $700,000 Over $1,000,000
27 Properties Found. Showing Page 1 of 2
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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...

270 Morgans Trail, Santa Rosa Beach - 714914

$599,000

  • 4 Beds
  • 4 Baths
  • 2,630 SqFt

Detached Single Family

Santa Rosa Beach, FL

Bank Owned - Reo! Fantastic Florida Cottage In The Preserve At Grayton Beach! This Home Backs Up To The State Forest And Has Expansive Southern Views From The Upper Floors. Feel The Breeze Through...

15 Seaspring Cove, Santa Rosa Beach - 730240

$489,000

  • 4 Beds
  • 4 Baths
  • 2,036 SqFt

Detached Single Family

Santa Rosa Beach, FL

Reo Come See This 30a Cottage Right On 30a With Beautiful Views Of The Cottage Roof Tops Of South Walton With Glimpses Of The Ocean Beyond. Grab Your Bike And Enjoy The 30a Trail Right Out The Back...

54 Las Palmas Way, Santa Rosa Beach - 733824

$439,900

  • 4 Beds
  • 4 Baths
  • 2,114 SqFt

Detached Single Family

Santa Rosa Beach, FL

Reo, Check Out This Bank Owned Home, Close To Two Beach Accesses, Restaurants And Shopping! Three Story Allows For Gulfviews, Game Room Located On Top Floor. Ask About Possible Seller Financing.

4962 Hickory Shores Blvd, Gulf Breeze - 731243

$417,950

  • 4 Beds
  • 2 Baths
  • 2,539 SqFt
  • 1.29 Acres

Detached Single Family

Gulf Breeze, FL

Nrt01995waterfront!! Own Your Piece Of Paradise In Hickory Shores. Home Features Four Spacious Bedrooms Two Full Bathrooms, Open Concept, Hardwood Flooring, Vaulted Ceilings, Plant Ledges And More!...

1969 Frontera St, Navarre - 737357

$214,900

  • 3 Beds
  • 2 Baths
  • 1,697 SqFt
  • 0.46 Acres

Detached Single Family

Navarre, FL

Completely Renovated 3 Bedroom/2 Bath Home With 1697 Sq Ft In A Beautiful Neighborhood In Navarre! This Home Sits On A Large 1/2 Acre, Corner Lot. Back Your Boat, Trailer, Or Rv Through The Gates A...

2814 Oak Ridge Dr, Gulf Breeze - 736200

$209,900

  • 3 Beds
  • 3 Baths
  • 1,828 SqFt
  • 0.31 Acres

Detached Single Family

Gulf Breeze, FL

Welcome To Whisper Bay Located In The Popular Gulf Breeze School District! Within Minutes Of The Beautiful White, Sandy Beaches Of Pensacola Beach! Gorgeous Home With Renovations Almost Complete! M...

9352 Vandivere Dr, Navarre - 720807

$180,000

  • 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 Reo Home That Is Located On The Soundside In Biscayne Pointe. The Home Features Hardwood Laminate Flooring In Living Room, Tile In Kitchen And Baths ...

149 Mandy Cir, Santa Rosa Beach - 734909

$174,900

  • 3 Beds
  • 2 Baths
  • 1,479 SqFt
  • 0.44 Acres

Detached Single Family

Santa Rosa Beach, FL

Reo Tired Of Short Sales? Check Out This Bank Owned Home. New Paint, New Carpeting, Good Location Close To Schools, Beaches And Shopping. Conservation Easement On A Portion Of This Lot, Ae Flood...

2194 Frontera St, Navarre - 735964

$164,000

  • 4 Beds
  • 3 Baths
  • 1,889 SqFt
  • 0.34 Acres

Detached Single Family

Navarre, FL

4 Bedroom, 3 Bath Home In Navarre. Over 1900 Sqft With Double Car Attached Garage. Covered Front Porch. Yard Shed In Back Yard. Tiled Floors Throughout. Custom Built Cherrywood Cabinets In Kitchen ...

20 N 3rd St, Santa Rosa Beach - 736201

$163,000

  • 3 Beds
  • 2 Baths
  • 1,464 SqFt
  • 0.14 Acres

Detached Single Family

Santa Rosa Beach, FL

Hud Case No. 091499501; Insured Escrow (ie), Sold As-is With Rights To Inspection. Equal Housing Opportunity: Hud Properties Are Offered For Sale To Qualified Purchasers Without Regard To The Prosp...

1978 Avenida De Sol, Navarre - 736058

$139,900

  • 3 Beds
  • 2 Baths
  • 1,316 SqFt
  • 0.46 Acres

Detached Single Family

Navarre, FL

Reo ~ Lots Of Potential... This 3 Bd / 2 Ba Home Offers Plenty Of Working Space With Large Work Shop In The Back Yard Featuring Wood Stove, Cable Hook Ups, Electricity & Plenty Of Work Tables. Add...

1782 Salem Ave, Navarre - 724423

$99,900

  • 3 Beds
  • 2 Baths
  • 1,677 SqFt
  • 0.18 Acres

Detached Single Family

Navarre, FL

A Beach House With Privacy In Navarre? Home Is This Close To The Santa Rosa Sound And You Have Water Views From This Property. This Brick Home Has A Fireplace In The Living Room, Large Eat-in Kit...

71 S 6th St, Santa Rosa Beach - 735204

$60,000

  • 3 Beds
  • 2 Baths
  • 1,296 SqFt
  • 0.28 Acres

Detached Single Family

Santa Rosa Beach, FL

Reo ~ Great Opportunity In Old Town Santa Rosa... 3 Bd / 2 Ba Home With Open Floor Plan Offers Large Lot... Room For An Above Ground Pool. Close To Bay Access, Ed Walline Park & Plenty Of Outdoor ...

2214 N Wind Trace Rd, Navarre - 733973

$39,550

  • 2 Beds
  • 1 Baths
  • 744 SqFt
  • 0.25 Acres

Detached Single Family

Navarre, FL

With A Little Love, This 1 Almost 2 Bedroom, 1 Bath Reo Home With An Attached Garage In Navarre Could Be A Great Residence Or Rental Property! The Home Is Conveniently Located Near Military Bases,...

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 September 3rd, 2015 at 1:28am CDT.