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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
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
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Photo of Listing #774395

2071 Buckley Dr, NAVARRE, FL - $119,900

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,520 SQFT
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Reo. With A Bit Of Tlc, This Home Will Be Great. The Exterior Offers Brick Siding On The Front And Vinyl Siding On The Other Sides, As Well As A Side-entry Garage. Inside The Home There Is A Fireplace, Eat-in Kitchen, And Great Split Bedroom Floor...

Photo of Listing #754140

84 Baird Rd, SANTA ROSA BEACH, FL - $480,000

Detached Single Family
  • 4 Beds
  • 3 Baths
  • 2,494 SQFT
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Live The 30a Lifestyle! This Home Sits On A Hill And Has A Lovely View Of The Gulf Of Mexico. It Has An Open Floor Plan With A Stylish Interior. It Features Granite Counter Tops, Tile Flooring, Decorative Railings, Soaring Ceilings, And More. ...

Photo of Listing #774634

2187 Calle De Castelar, NAVARRE, FL - $177,000

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,729 SQFT
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Reo. Excellent Location Just Over The County Line! Enjoy This Home In Well Know Santander Subdivision Which Is Just 6 Miles From Hurlburt Air Force Base And Just Minutes From The Beautiful Beaches On The Gulf Of Mexico! Split Bedroom Plan. The Ma...

Photo of Listing #775916

2841 Dunsmuir Dr, NAVARRE, FL - $233,000

Detached Single Family
  • 5 Beds
  • 3 Baths
  • 2,705 SQFT
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Reo ~ Spacious 5 Bedroom, 3 Bath All Brick Home In Waterstone. Features Include Fireplace In Living Room, Formal Dining Room, Large Kitchen With Breakfast Bar, Oversized Bedrooms & Baths & Large Fenced Back Yard. This Property Is Considered Insu...

9106 Orlando Ave, NAVARRE, FL - $315,000

Detached Single Family
  • 4 Beds
  • 2 Baths
  • 2,473 SQFT
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Reo. All Brick Home Situated In A Wonderful, Waterfront Gated Subdivision. As You Step Into The Home, You Are Greeted With A Large Living Room Complete With A Welcoming Fireplace. Both Sides Of The Fireplace Feature Built-in Shelving, Great For St...

28 Crissman Rd, SANTA ROSA BEACH, FL - $214,900

Detached Single Family
  • 4 Beds
  • 2 Baths
  • 2,080 SQFT
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With A Little Love This 4 Bedroom, 2 Bath Reo Home On A Large Lot Would Be The Perfect Residence Or Rental Investment! The Home Features, Hardwood Floors In The Living Areas, Crown Molding, Open Floor Plan With Split Bedroom Design And Multiple De...

2279 Pawnee Dr, NAVARRE, FL - $216,000

Detached Single Family
  • 4 Beds
  • 2 Baths
  • 2,000 SQFT
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Real Estate Owned Reo. 4 Bed 2 Bath Home Built In 2011. This Location Has It All, East Side Of Navarre With Quick Access To Hwy 98, About 1 Mile East Of Navarre Bridge. Just Around The Corner From The High School, Close To Shopping And Dining. Thi...

372 Red Cedar Way, SANTA ROSA BEACH, FL - $1,248,900

Detached Single Family
  • 4 Beds
  • 5 Baths
  • 2,614 SQFT
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Reo ~ Tucked Away On A Quiet Street In Watercolor's Pine Ridge District, You'll Find This Charming 4 Bedroom, 4.5 Bath Home. The Florida Cottage Offers An Open Floor Plan With Spacious Kitchen With Plenty Of Cabinet Space, Large Island & Granite ...

72 Carolyn Ln, SANTA ROSA BEACH, FL - $829,000

Detached Single Family
  • 3 Beds
  • 3 Baths
  • 2,210 SQFT
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This Completely Renovated, Bayfront Home Is A Must See! The Smartly-designed, Open Floor Plan Allows For Expansive Views Of The Choctawhatchee Bay From Almost Every Room In This Three-bedroom Haven. The Quiet, Cul De Sac Street In A Small, Uniqu...

Photo of Listing #772475

407 S Shore Dr, MIRAMAR BEACH, FL - $259,900

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,989 SQFT
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What A Great Location For This 3 Bedroom, 2 Bath Reo Home In The Community Of Bayside! The Home Features An Open Floor Plan With Raised And Trayed Ceilings, A Gas Fireplace, A Seperate Dining Area As Well As An Eat In Kitchen, A 2 Car Attached Gar...

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 May 25th, 2017 at 6:45pm CDT.