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. Ā Read more about Destin foreclosure homes.

Destin Foreclosures

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 $700,000 - $800,000
$900,000 - $1,000,000 Over $1,000,000
154 Properties Found. Showing Page 1 of 11
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781 Bayou Dr, Destin - 561864

$1,790,000

  • 5 Beds
  • 5 Baths
  • 4,163 SqFt
  • 0.96 Acres

Detached Single Family

Destin, FL

Bank-owned Waterfront Living On Joe's Bayou With Sweeping Bay Views! Extremely Flexible Owner Financing Available. This Beautiful Custom Home Was Designed And Built For Entertaining Family And Frie...

263 Leaning Pines Lp, Destin - 716791

$979,000

  • 5 Beds
  • 7 Baths
  • 6,299 SqFt
  • 0.42 Acres

Detached Single Family

Destin, FL

Awesome Opportunity! This Large Family Home, 5 Bedroom, 5 Bath Residence Situated In Kelly Plantation Boasts Many Luxury Amenities... The First Floor Features A Grand Room With 25 Foot Ceilings, F...

4077 Indian Bayou N, Destin - 709697

$685,000

  • 4 Beds
  • 3 Baths
  • 3,054 SqFt
  • 0.53 Acres

Detached Single Family

Destin, FL

Beautiful Home With Loads Of Southern Charm Home Situated On A Large Waterfront Lot On Protected Deep Water. This Home Is Spacious, Open & Has Gorgeous Water Views From Almost Every Room. Home H...

4398 Old Bayou Trail, Destin - 722576

$606,000

  • 4 Beds
  • 4 Baths
  • 3,547 SqFt
  • 0.41 Acres

Detached Single Family

Destin, FL

Southern Style Lakefront Home In Kelly Plantation... This Charming 4 Bd / 3 Ba Home Features Large Wrap Around Porch, Formal Living Room & Dining Room, Family Room With Gas Fireplace & Vaulted Ceil...

725 Gulfside Dr 102b, Harbor Landing

$399,999

  • 2 Beds
  • 2 Baths
  • 1,500 SqFt

Condominiums

Destin, FL

Possible Special Seller Financing Up To 100%. Subject To Buyer Approval. - Bank Owned Condo With Lovely Views! This Condo Is On The First Level Of Condos In The Building But Is Actually On The T...

83 Sunfish St, Destin - 721848

$399,900

  • 4 Beds
  • 3 Baths
  • 2,450 SqFt
  • 0.17 Acres

Detached Single Family

Destin, FL

This 4 Bedroom, 3 Bath Home Is Hidden Away By Natural Landscaping, In A Private Lake Front Setting, Yet Just A Short Distance To The Beach In A Popular Subdivision. The Kitchen Features Lots Of Ca...

970 E Highway 98 201, Terrace At Pelican Beach

$244,900

  • 3 Beds
  • 3 Baths
  • 1,400 SqFt

Condominiums

Destin, FL

Lots Of Potential For 2nd Home Or Rental Investment... 3 Bd / 3 Ba Lock Out At Terrace At Pelican. This End Unit Features Wrap Around Balcony With Views. Terrace Residents Enjoy All The Amenities...

273 Calusa Blvd, Destin - 612045

$232,600

  • 4 Beds
  • 3 Baths
  • 2,036 SqFt

Detached Single Family

Destin, FL

What A Great 4 Bedroom, 2 Bath Mediterranean-style Home In The Gated Community Of Calusa Bay Subdivision That Has Community Swimming Pool. Located Near The End Of The Cul-de-sac, This Home Features...

195 Durango Rd 3d, Sun King Towers Ph 1

$209,900

  • 2 Beds
  • 1 Baths
  • 900 SqFt

Condominiums

Destin, FL

Holiday Isle - Harbor Front Condo. This 2b/1b Condo On Destin Harbor Has An Open Living And Kitchen Area And A Large Balcony That Overlooks Destin Harbor. Don't Miss This Opportunity To Buy Water...

156 Lola Cir, Destin - 723144

$199,900

  • 3 Beds
  • 3 Baths
  • 1,427 SqFt
  • 0.09 Acres

Detached Single Family

Destin, FL

You Will Love The Intimate Setting Of This 41 Home Neighborhood Comprised Of Only Lola Circle. This Single Street And Single Entry Point Neighborhood Is A Perfect Setting For You To Call Home. This...

44 Pine Ridge, Destin - 719372

$154,900

  • 3 Beds
  • 2 Baths
  • 1,024 SqFt
  • 0.12 Acres

Detached Single Family

Destin, FL

This Is A Cute 3 Bedroom, 2 Bath Home In Destin! The Home Features Crown Molding, A Built In Hutch, French Patio Doors, A Fireplace, Bay Window In Living Room And A 1 Car Attached Garage. The Backy...

3871 Indian Trail G4, Destin - 721684

$109,900

  • 2 Beds
  • 2 Baths
  • 1,368 SqFt

Attached Single Unit

Destin, FL

Low Maintenance Living... This Spacious 2 Bd / 2 Ba T/h At Mossy Cove Is Situated On Indian Trail Offering Plenty Of Access To All The Conveniences To Destin. The Home Features Large Screened In ...

4000 Dancing Cloud Ct 19, Indian Lake

$87,900

  • 1 Beds
  • 1 Baths
  • 743 SqFt

Condominiums

Destin, FL

Great Opportunity In Indian Lake... This 1 Bd / 1 Ba Unit Has Fresh Paint, New Carpet, New Stove / Oven & Dishwasher. This Is An Awesome Opportunity For A Starter Home... Move In Ready. Indian La...

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. Find out more by contacting Tim Shepard, your Destin RealtorĀ®.

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 March 4th, 2015 at 4:31pm CST.