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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.

All area foreclosures and short sales January 16, 2021
10
Listed
102
Avg. DOM
$162.56
Avg. $ / Sq.Ft.
$267,450
Med. List Price
10 Properties
$159,000
Subdivision: Crestview Suburb
3
Beds
2
Baths
1,252
Sq.Ft.
1987
Year Built
4
Days on Site
862409
MLS
Perfect starter home or downsizing home!You are welcomed into the Living room via foyer entrance- You will love the Stone Fireplace with plenty of room for your TV and furniture- Dining room is a...
$220,000
Subdivision: Finisterra Condo
2
Beds
2
Baths
1,029
Sq.Ft.
1974
Year Built
10
Days on Site
862029
MLS
Very Well Maintained Unit located in a Gated Community. This Condo is SO Clean! Community is located on the Choctawhatchee Bay!. Community offers a Community Pool, Laundry, Tennis. Close to Eglin...
$305,000
Subdivision: The Palms Of Destin Resort
2
Beds
2
Baths
1,175
Sq.Ft.
2007
Year Built
12
Days on Site
861827
MLS
TRUE Two Bedroom Two Bath sleeps 6 in this lovely exclusive resort condo with all the amenities you could ask for, plenty of parking, pools, hot tubs, tennis, basketball courts, play grounds,...
$575,000
Subdivision: Lake Pippin
4
Beds
2F11/2
Baths
2,919
Sq.Ft.
1987
Year Built
30
Days on Site
861100
MLS
Enjoy a walk to the bay and take a swim. Never having to leave your neighborhood. Fish from the shore or just enjoy sitting in the park feeling the ocean breeze.Take a dip in your private pool and...
$363,700
Subdivision: Royal Oaks S/D
5
Beds
3
Baths
2,680
Sq.Ft.
1999
Year Built
33
Days on Site
860896
MLS
FIVE Bedrooms, THREE full baths, OFFICE, PORCH, HUGE KITCHEN, DINING ROOM. This truly is a brick beauty located in Royal Oaks south of I-10. The super floor plan boasts a wonderful spacious great...
$465,000
Subdivision: Windward Ph 3
4
Beds
3
Baths
2,376
Sq.Ft.
1989
Year Built
86
Days on Site
857919
MLS
Beautifully tucked away in its own private setting. This home features beautiful hardwood engineered floors of Brazilian Cherry throughout the main rooms of the first floor. Totally updated kitchen...
$249,900
Subdivision: Sound Haven
3
Beds
2F11/2
Baths
1,614
Sq.Ft.
2011
Year Built
89
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...
3
Beds
1
Baths
854
Sq.Ft.
1930
Year Built
138
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...
$285,000
Subdivision: St Andrews Village South 2
3
Beds
2
Baths
1,608
Sq.Ft.
1983
Year Built
277
Days on Site
844680
MLS
Home is a short sale and will be sold as is only. No repairs or seller concessions will be considered. Buyer to verify all pertinent data.
$169,000
Subdivision: Bobolink Way
3
Beds
2
Baths
1,364
Sq.Ft.
2007
Year Built
350
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.