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 $800,000 - $900,000
Over $1,000,000
30 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...

2027 Heritage Park Way, Navarre - 722818

$319,900

  • 4 Beds
  • 3 Baths
  • 2,676 SqFt
  • 0.26 Acres

Detached Single Family

Navarre, FL

Reo. Waterfront Gated Community! This 4 Bedroom, 3 Bath Home Has An Oversized Side Entry Garage And A Courtyard Entry. Heritage Park Subdivision Is An Exclusive Waterfront Gated Community With Po...

2054 Heritage Park Way, Navarre - 721491

$309,900

  • 4 Beds
  • 3 Baths
  • 2,620 SqFt
  • 0.25 Acres

Detached Single Family

Navarre, FL

Reo. Gorgeous Home In Waterfront Community Located On The Santa Rosa Sound In Navarre. This Home Features 4 Bedrooms And 3 Baths With 2620 Square Feet. Upgraded Features Include: 11 Foot Ceiling...

7280 Jacobs Trail 7, Navarre - 724343

$220,900

  • 3 Beds
  • 3 Baths
  • 2,015 SqFt

Attached Single Unit

Navarre, FL

Rare Find!!! Waterfront Townhouse In Navarre. This Beautiful Home Sits On East Bay With Majestic Views From All 3 Levels. As You Enter On The Ground Floor From The 1 Car Garage, You Immediately Not...

24 Waterwood Ct, Santa Rosa Beach - 732186

$191,900

  • 3 Beds
  • 2 Baths
  • 1,468 SqFt
  • 0.14 Acres

Detached Single Family

Santa Rosa Beach, FL

This Is An Reo Property And Located In Santa Rosa Beach Just Mins From San Destin Resort, Outlet Shopping And Gorgeous Beaches. Located In A Small Community This Home Was Built In 2001 And Has Righ...

9352 Vandivere Dr, Navarre - 720807

$189,900

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

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

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 Zon...

1277 Grand Ridge Cir, Gulf Breeze - 734889

$155,000

  • 4 Beds
  • 2 Baths
  • 2,152 SqFt

Detached Single Family

Gulf Breeze, FL

Beautiful Home Located In Grand Ridge Subdivision In Gulf Breeze. This Home Offers Four Bedrooms Two Full Bathrooms; Over 2100sqft Of Living Space And Features High Ceilings, Plant Ledges And Firep...

1912 Williams Creek Dr, Navarre - 732804

$152,500

  • 4 Beds
  • 3 Baths
  • 2,072 SqFt
  • 0.61 Acres

Detached Single Family

Navarre, FL

Centrally Located In Williams Creek Estates An Reo Opportunity For A 4 Bedroom, 3 Bath Split Level Floor Plan House On A Nice Lot! Great Curb Appeal With This Property When You First Pull Up With ...

9311 E River Dr, Navarre - 731968

$134,900

  • 3 Beds
  • 2 Baths
  • 1,324 SqFt
  • 0.77 Acres

Detached Single Family

Navarre, FL

Reo. This Home Has Tile In All Living Areas! The Large Kitchen Offers Plenty Of Cabinet Space And A Pantry. The Adjacent Dining And Living Room Area Has Space Enough To Entertain The Entire Family...

9490 Parker Place Dr, Navarre - 730012

$130,000

  • 3 Beds
  • 2 Baths
  • 1,422 SqFt
  • 0.18 Acres

Detached Single Family

Navarre, FL

Reo... Charming 3 Bd / 2 Ba Home Will Make Great Starter Home... Fresh Paint, New Stove / Oven, Dishwasher & Carpet. The Living Room Offers Vaulted Ceilings, Plant Ledges & Has Access To Large Fen...

9387 E River Dr, Navarre - 733035

$126,500

  • 3 Beds
  • 2 Baths
  • 1,320 SqFt
  • 0.67 Acres

Attached Single Unit

Navarre, FL

Reo Opportunity Centrally Located In Navarre! This Is A 3 Bedroom, 2 Bath House That Sits On .67 Of An Acre. Good Size Living Room With Sliding Glass Door Leading To The Large Back Yard With A Wo...

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...

2350 Crescent Wood Rd, Navarre - 733707

$58,900

  • 3 Beds
  • 2 Baths
  • 1,440 SqFt
  • 0.30 Acres

Detached Single Family

Navarre, FL

Affordable And Spacious Home With A Large Lot In Navarre Is Ready For Some Tlc. Home Features An Enclosed Garage, Large Eat-in Kitchen, And Bedrooms Upstairs. This Opportunity Property Has Tons O...

2214 N Wind Trace Rd, Navarre - 733973

$43,900

  • 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 Home With An Attached Garage In Navarre Could Be A Great Residence Or Rental Property! The Home Is Conveniently Located Near Military Bases, Sch...

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 July 29th, 2015 at 4:45pm CDT.