Connect

Find us on...

Dashboard

Login using...

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
Map Save this Search
Sort listings by:New Listings First
Photo of Listing #541237

2989 Bay Villa Ct, SANDESTIN, FL - $2,335,000

Detached Single Family, Detached Single Family
  • 5 Beds
  • 7 Baths
  • 6,407 SQFT
View details More Photos Save

Price Reduced For Quick Sale On This Reo Custom Designed Home In Burnt Pine. Exterior Features Include Stucco Walls With Custom Faux Finish, Clay-tile Roofing, Cooper Gutters And Wrought Iron Fixtures. The Details In This Home Are At Every Turn. R...

Photo of Listing #745976

30 Plantation Way, SANTA ROSA BEACH, FL - $141,000

Detached Single Family, Detached Single Family
  • 2 Beds
  • 2 Baths
  • 960 SQFT
View details More Photos Save

Great Home Is The Heart Of Santa Rosa Beach. This Well Kept Ranch Style Home Sits On A Large Lot Which Is Already Fenced For Privacy. The Home Is Move-in Ready And Priced To Sell. The Home Is Convenient To Destin, Panama City Beach, And Popular ...

Photo of Listing #745743

1160 Scenic Gulf Dr Unit A1106, MIRAMAR BEACH, FL - $1,149,000

Condominiums, Condominiums
  • 4 Beds
  • 3 Baths
  • 3,336 SQFT
View details More Photos Save

Just Recently Redone, No Detail Was Spared In This Completely Renovated Two-story Penthouse With Privet Parking Spaces. This Unit Boasts Over 3,300 Square Feet Plus Some Of The Best Views In Destin, And Over 1,000 Additional Feet Of Spacious Balco...

2724 Riverside Landing Dr, NAVARRE, FL - $176,900

Detached Single Family, Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,848 SQFT
View details More Photos Save

Bank Owned Property. This Three Bedroom, Two Bathroom Home Has A Lot To Offer, Just Needs A Little Tlc. Laminate Hardwood Flooring Can Be Found In The Dining Room, Breakfast Area, And In One Of The Bedrooms As Well. The Master Bedroom Includes A L...

1837 Tuscana Place, MIRAMAR BEACH, FL - $685,000

Attached Single Unit, Attached Single Unit
  • 2 Beds
  • 3 Baths
  • 2,706 SQFT
View details More Photos Save

Possible Seller Financing Up To 100%.. Subject To Buyer Approval. Italian Style Design Is Dressed In Regional Architectural Elements Such As A Tile Roof, Turrets, Stone Work, Exposed Rafters, And Beams. The Interior Is Equally As Enchanting With...

15 Carone Ln, SANTA ROSA BEACH, FL - $209,950

Detached Single Family, Detached Single Family
  • 4 Beds
  • 3 Baths
  • 2,090 SQFT
View details More Photos Save

Reo. Unique One Story Property Ready For A New Owner. Spacious Home On Almost Half An Acre In Walton County. Come Get A Piece Of Florida Paradise Close To The Gulf Of Mexico With The Prettiest White Sand Beaches. 4th Bedroom Could Be Used As A Mo...

11 Driftwood Rd 9, DESTIN, FL - $244,400

Attached Single Unit, Attached Single Unit
  • 2 Beds
  • 3 Baths
  • 1,390 SQFT
View details More Photos Save

This Reo Townhome Comes Just In Time For Beach Weather! Just Steps From The Gulf, This 3 Story Townhome Has 1390sf, 2 Bedrooms And 2 And A Half Baths, And Balconies Off The Living Room (second Floor) And Third Floor Bedroom. Home Is Completely Fur...

Photo of Listing #742810

234 Huck N Toms Rd, SANTA ROSA BEACH, FL - $214,900

Detached Single Family, Detached Single Family
  • 2 Beds
  • 1 Baths
  • 1,000 SQFT
View details More Photos Save

What A Cute 2 Bedroom, 1 Bath Reo Cottage Tucked Away On The Bay In Huck N Toms! Wow! 1/4 Ownership In The Dock! Great Location For A Year Round Residence, Rental Or A Vacation Get Away! The Home Features Vaulted Ceilings, Tile And Carpeted Floors...

3409 Ravenwood Ln, MIRAMAR BEACH, FL - $1,300,000

Detached Single Family, Detached Single Family
  • 4 Beds
  • 5 Baths
  • 5,052 SQFT
View details More Photos Save

Reo...luxury Home That Does Need Some Work And Prices Accordingly. With A Some Paint And A Some Tlc, This Home Provides For A Great Family Home And Entertaining Space. Home Has Two Fireplaces And Lots Of Storage. The Third Garage Bay Is Heated & ...

7923 Lola Cir, NAVARRE, FL - $184,900

Detached Single Family, Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,842 SQFT
View details More Photos Save

** Reo ** Excellent Location Off 399 Is Close To Military Bases, Beautiful Beaches, And Gulf Breeze. Popular Open Split Floor Plan Features A Spacious Kitchen With Breakfast Room, Breakfast Bar, Tile Flooring And New Sparkling White Appliances. Th...

143 Hewett Point Rd, SANTA ROSA BEACH, FL - $1,850,000

Detached Single Family, Detached Single Family
  • 5 Beds
  • 5 Baths
  • 6,227 SQFT
View details More Photos Save

Bank Owned! This Beautiful Property Includes An Elegant 3-story Main Home, Which Combines Gracious Traditional And Southern Design Elements With Comfort And Convenience; A 3-car Garage With Carriage Home; And A Large, Private Lot On The Choctawhat...

1958 Commodore Dr, NAVARRE, FL - $179,900

Detached Single Family, Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,673 SQFT
View details More Photos Save

Traditional Ranch Home Located In Desirable Holley By The Sea Is Now Available. Property Features Tile Flooring, Large Living Room, Galley Kitchen With Breakfast Nook, And A Bonus Room That Could Be Used As An Office, Play Room, Or 4th Bedroom. Ho...

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, Copyright2016, All rights reserved.

Listing information last updated on February 9th, 2016 at 6:15pm CST.