• Home
  • Destin, Miramar Beach, Santa Rosa Beach, and 30a foreclosures

Foreclosures in Destin, Miramar Beach, Santa Rosa Beach, and 30a Florida

Foreclosures in Destin, Miramar Beach, Sandestin, and 30a are a way for buyers to take advantage of below-market prices. Foreclosures are typically priced to sell but many times will not be in perfect condition. If you are willing to buy real estate that does not turn key and needs minor to major work, a foreclosure may be right for you. If not, there are other affordable homes for sale on the market.

What to expect with a foreclosure

All foreclosures are not going to be in poor condition but many will be. When you see a foreclosure property in Destin, Miramar Beach, Sandestin, and 30a that is priced low you need to be prepared to make an offer quickly. Typically the bank prices distressed and foreclosed properties below market value to attract attention very fast.

It is a very common situation to have multiple offers of foreclosures. To avoid this situation be ready to buy when you find a good deal. You will need a pre-approval letter from the bank for financing or proof of funds for paying cash.

9 Properties
$249,900
Subdivision: Sound Haven
3
Beds
2F11/2
Baths
1,614
Sq.Ft.
2011
Year Built
2
Days on Site
857638
MLS
This Gorgeous townhome has access to the Santa Rosa Sound and a community pool. It is just a shortwalk to fish, swim, kayak or just relax in the water. This home features 3 bedrooms, 2 full baths...
$329,450
Subdivision: Safe Harbour Village Condo
3
Beds
3
Baths
1,359
Sq.Ft.
1983
Year Built
5
Days on Site
857506
MLS
Lovely gated community has been providing luxury homes on the Santa Rosa Sound for many years. Lucky owners enjoy great views, fishing from their own sandy beach, open common areas, swimming pool and...
$229,000
Subdivision: Hidden Trails Ph 1
3
Beds
2
Baths
1,170
Sq.Ft.
1984
Year Built
15
Days on Site
856777
MLS
Real Estate Owned. Affordable home in Fort Walton Beach. This is a well kept home in Hidden Trails subdivision. Cuddle up in front of your cozy Fireplace located in your large living room with a...
$306,999
Subdivision: Calusa Bay S/D
3
Beds
2F11/2
Baths
1,840
Sq.Ft.
2002
Year Built
21
Days on Site
834508
MLS
VACANT - CALL TO SHOW! APPROVED SHORT SALE. Contact for more info! Welcome to Calusa Bay; an exclusive, premier neighborhood of east Destin boasting a lakefront community pool which overlooks one...
$1,060,000
Subdivision: Kelly Plantation S/D
3
Beds
3
Baths
3,961
Sq.Ft.
2000
Year Built
43
Days on Site
855056
MLS
TIMELESS custom built home by Maurice Sweet showcases the truly signature design of 'bringing the outside in'. 6 Rooms captures view of the outdoor living area designed for entertaining. The Heart...
3
Beds
1
Baths
854
Sq.Ft.
1930
Year Built
51
Days on Site
835952
MLS
REO property in the heart of Defuniak Springs just a short drive to shopping, interstate access and schools. Home rests on a larger, nearly 1/2 acre city lot and is exposed to nearly 280sf of road...
$190,000
Subdivision: Old Bay Village Condominium
2
Beds
2
Baths
1,100
Sq.Ft.
2005
Year Built
57
Days on Site
854033
MLS
Real Estate Owned REO, this top floor unit at Old Bay is your best choice! Home comes with all stainless steel appliances. *** Exterior: Galvalume Metal Roof, Stucco & James Hardee brand Siding,...
$164,900
Subdivision: Cherokee Heights
3
Beds
2
Baths
1,451
Sq.Ft.
2004
Year Built
177
Days on Site
845366
MLS
Back on the Market BANK APPROVED, BANK APPROVED SALE -Short Sale - This home is a 4 br 2 bath with a lot of work needed. Handyman - investor project. To bring this back to a liveable condition will...
$179,000
Subdivision: Bobolink Way
3
Beds
2
Baths
1,364
Sq.Ft.
2007
Year Built
263
Days on Site
839465
MLS
ATTENTION THIS IS A SHORT SALE. This wonderful 3 bedroom 2 bath home is located right out of crestview city limits. Only taking 12-15 minutes to get to crestview but enjoying the lovely outdoor life....

Find a foreclosure realtor

Start working with a Destin area Realtor now and be educated on the real estate market. Danny Margagliano has negotiated dozens of short sales and foreclosures with numerous different banks. If you’re looking for the highest qualified real estate agent look no further. Danny Margagliano is also a Certified Distressed Property Expert. His extensive training will give you the peace of mind knowing that you’re in good hands.

What to do with multiple offers on a home?

When a foreclosure property gets multiple offers the bank will typically ask all parties or potential buys involved to submit a “best and final” offer. This is not a bidding war but one last chance to change your offer price. When this happens most of the time the final price will be over the original list price but still be under market value. The bank that owns the foreclosed real estate will review all of the offers and take the most attractive.

Best way to get a deal on a foreclosure

Cash offers on foreclosures will be more favorable to banks than those that are financed. Once an offer is accepted by the bank closing will typically be within 30 days. For more information on Miramar Beach, Sandestin, and 30a foreclosures call Danny Margagliano at 850-830-4747.