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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 May 15, 2021
10
Listed
32
Avg. DOM
$146.65
Avg. $ / Sq.Ft.
$257,400
Med. List Price
10 Properties
$444,000
Subdivision: Hands Cove Lot 4
4
Beds
3
Baths
2,750
Sq.Ft.
1987
Year Built
2
Days on Site
868891
MLS
REO property that has IMMENSE potential! Enjoy the water views of the bayou from your back yard! This home has space space and more space! 3 bedrooms downstairs & 1 upstairs with its own living space...
$456,750
Subdivision: Deerwood
3
Beds
2F11/2
Baths
1,773
Sq.Ft.
2000
Year Built
3
Days on Site
871718
MLS
Awesome opportunity in Sandestin. lake view from your private enclosed screened patio and deck. Split floor plan with master suite on one side, spacious living room with gas fireplace,dining area and...
$399,000
Subdivision: Dorothy Bowen Estates
3
Beds
2F11/2
Baths
1,872
Sq.Ft.
2002
Year Built
5
Days on Site
871466
MLS
Fantastic home by Ray Hall Builders is in a prime location that can't be beat! This all BRICK 3 bedroom 2 1/2 bath open split floor plan with TALL ceilings. covered front porch and LARGE fenced-in...
$259,900
Subdivision: Sound Haven
3
Beds
2F11/2
Baths
1,614
Sq.Ft.
2011
Year Built
11
Days on Site
870946
MLS
reo.This Gorgeous townhome has access to the Santa Rosa Sound and a community pool. It is just a short walk to fish, swim, kayak or just relax in the water. This home features 3 bedrooms, 2 full...
$320,000
Subdivision: Fox Valley
4
Beds
3
Baths
3,031
Sq.Ft.
2006
Year Built
24
Days on Site
869772
MLS
Welcome to your Home in Fox Valley. 4 bedroom 3 bath with Formal Dining Area, large kitchen with lots of cabinet space. Master Bedroom has trey ceilings and is large enough for a king size bed....
2
Beds
1
Baths
925
Sq.Ft.
1977
Year Built
33
Days on Site
869109
MLS
No description available...
$254,900
Subdivision: Sound Haven
3
Beds
2F11/2
Baths
1,614
Sq.Ft.
2011
Year Built
40
Days on Site
868532
MLS
reo.This Gorgeous townhome has access to the Santa Rosa Sound and a community pool. It is just a short walk to fish, swim, kayak or just relax in the water. This home features 3 bedrooms, 2 full...
$205,000
Subdivision: Green Arbor T/H
2
Beds
1F11/2
Baths
1,560
Sq.Ft.
1983
Year Built
59
Days on Site
867114
MLS
PHOTOS COMING SOON. This townhome is move-in ready and offered at a great price! Conveniently located to both bases, it would be a great home or rental. All tile downstairs. Granite in kitchen and...
3
Beds
1
Baths
854
Sq.Ft.
1930
Year Built
63
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...
3
Beds
2
Baths
1,780
Sq.Ft.
1994
Year Built
90
Days on Site
864662
MLS
A very unique opportunity with this REO property. Sale consists of 3 separate parcels. Parcel one is approx 1 acre and comes with a Double wide mobile home built in 1994. Home is 3 bedrooms, 2 baths...

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.