Emerald Coast Foreclosure Homes for Sale

Build your dream home on this 0.34-acre residential lot ideally located within the City of Crestview. This wooded homesite offers the perfect balance of privacy and convenience, with paved road frontage and easy access to shopping, dining, schools, and everyday amenities. Situated just minutes from Downtown Crestview, Highway 90, and I-10, this property provides an excellent opportunity for a custom home or investment. Enjoy a convenient commute to Eglin Air Force Base, Duke Field, and 7th Special Forces Group, while the beautiful Emerald Coast beaches are approximately 45-60 minutes away. Public utilities are believed to be available nearby (buyer to verify). Whether you're looking to build now or invest for the future, this centrally located lot is full of potential.

535 Mcclelland St, Crestview

$165,000

3 Beds ⋅ 2 Baths ⋅ 1008668 MLS

Welcome to your next REO opportunity! This home needs some extra attention, but some elbow grease along with some vision could turn this property home into a contender. Split bedroom design, this 3 bedroom 2 bath home has a privacy fenced back yard with an inground vinyl lined pool. Pool is in poor condition and is currently covered. The back patio is covered. Inside you will find vaulted ceilings, large kitchen with island, breakfast nook and a separate dining area. This home needs quite a bit of repairs and therefore may only quality for rehab loans only. This property may qualify for Vendee financing and can be verified on the VRM properties website. Call today!

1246 Ego Dr, Crestview

$629,900

4 Beds ⋅ 3 Baths ⋅ 1008591 MLS

Welcome to 1005 Shalimar Pointe Drive, a beautifully updated home located on a quiet cul-de-sac in the gated Shalimar Pointe community. Situated directly on the Shalimar Pointe Golf Course, this 4-bedroom, 3-bath home offers approximately 2,625 square feet of living space with a desirable single-level layout, private in-ground gunite pool, and a long list of recent improvements. Designed for easy living, this move-in ready home provides peace of mind with major updates already completed, including a new roof, HVAC system, flooring, granite countertops, appliances, fixtures, vanities, exterior and garage doors, landscaping, and refreshed stucco. The spacious floor plan offers comfortable living areas while the pool and golf course setting provide a relaxing backdrop for everyday enjoyment. Conveniently located near Eglin Air Force Base, Hurlburt Field, local shopping, dining, schools, and just a short drive to the Emerald Coast's white-sand beaches, this home combines a desirable location with modern updates and a low-maintenance lifestyle. Don't miss your opportunity to experience everything 1005 Shalimar Pointe Drive has to offer. Call and schedule your private showing today!

1005 Shalimar Point Dr, Shalimar

$252,000

4 Beds ⋅ 2 Baths ⋅ 1008585 MLS

Real Estate Owned. All brick 4 bedroom, 2 bath home on the south end of Crestview offering a popular split floor plan and convenient location. The living room features vaulted ceiling, plant ledges, and french doors opening to the rear deck. The updated kitchen is a standout with white cabinetry, granite countertops, stainless steel appliances, gas range, center island, breakfast bar, pendant lighting, and a bay window breakfast nook overlooking the backyard. Updated bath finishes include tile detail and a walk in shower design. The fenced backyard offers additional outdoor living space with a green area beyond. Convenient to local bases, beaches, shopping, schools, and major roadways. Call to take a look at 324 Egan Dr today.

324 Egan Dr, Crestview

$355,000

4 Beds ⋅ 2 Baths ⋅ 1008470 MLS

This newest REO opportunity should definitely be on your must see list if searching for a large home with 4 bedrooms, 2 baths, nearly 2000 square feet and less than 3 miles from Hurlburt main gate. Built in 2005, this all brick home has a 2 car garage, privacy fenced back yard, and brick mailbox. Inside you will find a split bedroom design with tiled floors throughout the majority of the home and engineered hardwood covering the rest of the flooring. The great room living room is spacious and inviting with a breakfast nook, granite tops in the kitchen, and a separate dining area. The master bedroom is just off the kitchen and master bath has shower, tub and walk in closet. This home has tons of potential and may qualify for vendee financing, which can be verified on the VRM properties website. Call today!

314 Friar Tuck Rd, Mary Esther

$190,000

2 Beds ⋅ 1 Baths ⋅ 1007839 MLS

Real Estate Owned REO opportunity in the waterfront community of Sea Palms! This updated condo offers a strong option for investors, second home buyers, or owner occupants looking for a property near the water. The interior features an open living and dining area with modern gray flooring throughout, neutral paint, and plenty of natural light. The kitchen has been tastefully updated with white shaker style cabinetry, tile backsplash, stainless steel appliances, and a clean modern layout. The unit also offers updated bath finishes, spacious living areas, and views overlooking the courtyard setting. Sea Palms offers attractive community amenities and a convenient Fort Walton Beach location with access to the Intracoastal Waterway. Making this a flexible opportunity for personal use or income production. Property is being sold as is. Buyer to verify all dimensions, HOA dues, rental restrictions, financing eligibility, community amenities, and any information deemed important. Call to take a look at Sea Palm Unit 1 C today.

300 Miracle Strip Parkway Pkwy Unit 1C, Mary Esther

$160,000

2 Beds ⋅ 3 Baths ⋅ 1007598 MLS

Another REO opportunity awaits! This super cute 2 bedroom 2 and 1/2 bath TH located in the very popular Eagles Landing subdivision is one to check out today! This home is virtually move in ready and comes with tiled floors in wet areas, carpet throughout the rest of the home. Master bedrooms (yes 2 of them) both with full baths and walk in closets. Laundry and 1/2 bath are located down stairs. These homes home with attached 1 car garages, community pool area, mailbox banks, and easy access to interstate and due to location, will get you to bases and south county faster than any property located past John King Rd. A definite must see for both owner occupants and investors alike. This property may qualify for Vendee financing and can be verified on the VRM properties website. Call today!

779 Majestic Dr, Crestview

$280,000

5 Beds ⋅ 3 Baths ⋅ 1007491 MLS

This latest REO opportunity is located in the heart of Crestview. Schools, hospital, shopping and more are just a few miles from this home. Located in Stillwell Estates, this 1962sf home has a fenced back yard, level lot, solar panels and fenced back yard. Inside this 2 story home you will find master bedroom on the first floor along with a guest bath. Upstairs are the remaining 3 bedrooms and another full bath. This home definitively maximizes living space. This home does need some repairs and may not qualify for all financing types. Call today.

455 Eisenhower Dr, Crestview

$2,495,000

3 Beds ⋅ 3 Baths ⋅ 1007233 MLS

Rare opportunities like this are becoming increasingly difficult to find. This approximately 0.3 acre homesite sits just steps from the beach access across the street and offers exceptional redevelopment potential, subject to buyer verification. Situated in the heart of Miramar Beach, this unique property combines an estate-sized homesite with an unbeatable location. Whether you're searching for a primary residence, second home, investment property, or exploring redevelopment opportunities, the possibilities are as compelling as the location itself. The beautifully landscaped grounds feature mature palms, shade trees, lush lawn, a private pool, and a fully fenced yard, creating a private setting rarely found this close to the beach. The home's elevated position enhances both privacy and outdoor enjoyment. The existing residence has been thoughtfully updated with granite countertops, upgraded cabinetry, and quality interior finishes. Built with durable concrete block construction, a stucco exterior, a metal roof, and hurricane shutters, the home also offers a spacious front porch with both screened and open-air living areas, plus a private rear porch overlooking the tranquil garden. Leave the car behind and enjoy one of the property's greatest advantages. Beach access is directly across the street, placing the sugar white sand and emerald green waters just moments away. Nearby destinations include Silver Sands Premium Outlets, Sandestin Golf and Beach Resort, Grand Boulevard, championship golf courses, restaurants, shopping, and entertainment.

119 Norwood Dr, Miramar Beach

$289,500

1006232 MLS

Own your office instead of leasing! Suite E at Diamond Lakes Office Park offers a move-in-ready professional space in one of Destin's most sought-after business locations...all for under $300,000. Conveniently located just behind the Walmart Supercenter, this ground-floor office features five private offices, a welcoming reception area, a kitchen, and a private restroom. The functional layout is perfect for professional, medical, legal, financial, or real estate offices, with plenty of flexibility to fit your business needs. Positioned in the heart of Destin, you'll enjoy easy access to Highway 98, Destin Commons, restaurants, and surrounding businesses, making it convenient for both clients and employees. Affordable, professional office space in this location is hard to find. If you're ready to stop paying rent and invest in your business, Suite E is ready for you. Schedule your private tour today!

3997 Commons Dr Unit E, Destin

$3,000,000

7 Beds ⋅ 8 Baths ⋅ 1005882 MLS

Excellent REO opportunity to own an extraordinary coastal estate located within Destiny by the Sea, one of Destin's most exclusive 24/7 secured, gated communities. For that savvy investor looking for a short-term rental, this expansive home sleeps 24 and offers a proven footprint for high-capacity guest stays. The property features 7 bedrooms, 7.5 bathrooms, and 5,595 sq ft of living space, highlighted by large balconies and a private saltwater pool with a waterfall feature. The highly functional layout includes a large open kitchen with island seating, an elevator, two dedicated bunk rooms, a home movie room, a billiard room, and a foosball area. Located just a short walk from the luxurious community pool and private beach access, this property is being sold as-is, where-is. Buyer to verify all dimensions, square footage, HOA rules, and rental regulations.

4782 Ocean Blvd, Destin

$135,000

4 Beds ⋅ 2 Baths ⋅ 1005423 MLS

Built in 1965 and centrally located just north of Hwy 90 and Valley, this REO opportunity is one to see. The original floorplan was expanded to add another full master suite with master bedroom. An all brick exterior home with metal roof, this home is just over 1400 sf and comes with a total of 4 bedrooms and 2 baths. The back yards is fenced and there is a detached carport for shaded parking. This home does need some work and will not qualify for all financing types, though the home could indeed be financed so using the right lender is important. This opportunity is FHA IE (insurable with escrows). Call today!

516 Forrest Ct, Crestview

$325,000

4 Beds ⋅ 3 Baths ⋅ 1005417 MLS

Fantastic REO opportunity you will not want to miss! Built in 2022, this all-brick home is in ready for its new owners. This home has a split-bedroom floor plan with the master suite just off the main living area. Bedrooms two and three share a convenient Jack-and-Jill bathroom, while a separate third full bath sits adjacent to the fourth bedroom--perfect for guests or an office setup. A large island separate the kitchen and living room in this open great room design, complemented by a separate breakfast nook and a formal dining area for easy entertaining. Luxury vinyl plank (LVP) flooring runs through all the high-traffic main living spaces, with carpet featured in the bedrooms. Very little has changed since this home was constructed, meaning it still feels remarkably fresh. This property qualifies for the FHA $100 down program and is classified as FHA IE (Insurable with Escrow). Don't let this one pass you by--call today to schedule your viewing!

2112 Queen St, Crestview

$544,900

3 Beds ⋅ 2 Baths ⋅ 1004533 MLS

Welcome to Shoreline Towers III, where coastal living and investment potential come together in one exceptional opportunity. This beautifully furnished corner unit is truly turn-key and ready for immediate use as a primary residence, second home, or income-producing short-term rental. Thoughtfully designed with an open floor plan, the spacious living, dining, and kitchen areas flow seamlessly together, creating an inviting atmosphere for entertaining and relaxing after a day at the beach. The kitchen features a large breakfast bar with ample seating and overlooks the main living area, allowing everyone to stay connected. Tasteful furnishings and décor are included, making this a hassle-free purchase for buyers looking to begin enjoying or renting the property immediately. The enclosed balcony provides additional square footage and enhances the overall functionality of the unit. Shoreline Towers is a gated Gulf-front community with a 24-hour guard-gated entrance and 460 feet of private sugar-white sand beach along the Emerald Coast. Residents and guests enjoy an impressive selection of resort-style amenities including a large swimming pool, fitness center, sauna, tennis courts, shuffleboard courts, clubhouse, grilling area, picnic space, and a scenic fishing lake. Covered parking is available in the parking garage, and boat trailer parking is also offered.

900 Gulf Shore Dr Unit 3021, Destin

$974,900

4 Beds ⋅ 5 Baths ⋅ 1004321 MLS

Opportunity abounds with this gorgeous REO property located less than a 1/2 mile to the Gulf of America! Built in 2020, this spacious 2,400-square-foot, 3-story home features 4 bedrooms and 4.5 bathrooms. It is being sold fully furnished and nearly completely turnkey. The thoughtful layout includes a private balcony on both the second and third floors, attached storage, and a fenced backyard. Situated in the desirable community of Hidden Palms, residents enjoy premier amenities including a community pool and included exterior lawn maintenance. Located in an extremely popular vacation rental area, this home is primed and ready for its new owners. Whether you are looking for a personal coastal retreat or your next lucrative vacation rental investment, this incredible property is calling your name. Call today to schedule your showing!

92 Ciboney St, Miramar Beach

$569,900

3 Beds ⋅ 3 Baths ⋅ 1004086 MLS

Welcome to Emerald Lakes and your newest REO real estate opportunity. This large 2 story homes rests in the popular gated community of Emerald Lakes and is centrally located so that Destin Commons, Gulf of America Beach Access, and even the Outlet mall is just a few miles away. This all stucco exterior home was built in 2003 and is mostly original. With 3 bedrooms and 2 and 1/2 baths, this 2500+ square foot home has 2 car garage, huge great room are with 2 story tall ceilings, and master suite on the first floor. Upstairs next to the large loft that overlooks the great room you will find the remaining 2 bedrooms and a full bath. This home has screams opportunity so call today!

317 Tequesta Dr, Destin

$525,000

1003793 MLS

EASY SHOW! Now vacant and refreshed with new paint throughout (SW SeaSalt color)! Destin BUSINESS PROFESSIONALS! Here is a Great location for your commercial business. This is 2 units put together M&N equalling 2400sf total including a large entry waiting area (27'4'x 11'11') with glass window reception desk behind. Formerly a medical office with several exam rooms, a large break/conference room (18'5' x 10'3'), 7 private office rooms some with closets plus 1 locked storage room & two bathrooms (7' x 7 .5'). The glassed windowed large reception area has 2 areas for desk stations (10'9' x 22'7'). Two separate a/c closets (one a/c is newer). Could possibly be converted back into two separate offices of 1200sf each. Rare opportunity for this central Destin convenient location. 2nd floor location near elevator for extra convenience. Now Vacant and ready for a New Destin Business! Buy into Destin's most convenient professional office park behind Destin Walmart SuperCenter. Other office park tenants include realtors, lawyers, medical, financial services, engineers, property mgt., hair salon and other professionals. Inquire today!

3997 Commons Dr Unit M & N, Destin

$296,000

1 Beds ⋅ 1 Baths ⋅ 1002379 MLS

You do not want to miss out on this REO opportunity! One of the larger units located at the Grand Sandestin, this full bedroom and 1 bath unit comes with a private balcony, true 1 bedroom, large living room with dining area and a full sized kitchen. This vacation rental opportunity comes fully furnished and is ready to go. This is an absolute must see to appreciate and priced to move. Call today!

9500 Grand Sandestin Blvd Unit 2325, Miramar Beach

$159,900

3 Beds ⋅ 1 Baths ⋅ 996561 MLS

Your next REO opportunity awaits! This all brick was built in 1975 home and is located between Hwy 90 and Airport Rd. Just a few miles from schools, grocery, churches and more, this 3-bedroom, 1-bathroom home has an open Kitchen-Living room layout, bonus room and an indoor laundry room. The entire property has chain-link fence, and comes with a huge detached workshop. Whether you're looking for a rental addition, a fix-and-flip, or starter home this property is one to add to the list.

208 Forrest Pkwy, Crestview

$2,149,900

5 Beds ⋅ 5 Baths ⋅ 996297 MLS

REO: Welcome to your dream beach retreat in the highly sought-after, gated community of Destiny East sits This beautifully renovated villa sits on a corner lot which offers privacy and plenty room for everyone. Villa comfortably sleeps 20 and was designed with entertaining and luxury coastal living in mind. Short-term rentals ok! The main residence features five spacious bedrooms, including three primary suites with private ensuite baths, offering comfort and privacy for family and guests alike. A second-floor bunk room and an oversized third-floor bunk room with adjoining den and charming spiral staircase create the perfect gathering spaces for kids and guests. At the heart of the home, the huge gourmet eat-in kitchen impresses with a granite island, tile backsplash, and abundant space for hosting. Multiple living and entertaining areas flow seamlessly to the outdoors, where you'll find two enormous covered porches, lush landscaping, extensive outdoor lighting, and a private resort-style setting. Step outside to your own backyard oasis featuring a heated private pool, hot tub, and expansive grilling area--perfect for relaxing after a day at the beach. Additional highlights include a full-house generator, on-demand water heater, new roof (2023), 2-car garage, and thoughtful upgrades throughout. Above the garage is a separate apartment-detached carriage house provides additional flexibility--ideal for guests, in-laws, or rental potential. Carriage home is complete with a full kitchen, a living room and a separate bedroom. Destiny East amenities include a lagoon-style community pool, Destiny East Clubhouse, tennis/pickleball courts, a putting green, playground, fitness center. Close to several outstanding restaurants, and local attractions. This exceptional property offers the ultimate combination of location, luxury, and space--perfect as a primary residence, second home, or high-performing vacation rental in one of Destin's most desirable communities

44 Tranquility Ln, Destin

$739,900

4 Beds ⋅ 2 Baths ⋅ 963442 MLS

Located in the extremely popular Paradise Retreat subdivision, this completely remodeled REO home is one to see! Paradise Retreat Subdivision is directly across from the Gulf of Mexico Beaches. Many of the homes in this area serve the AirBnB and VRBO community and offer amazing owner occupied opportunities. Home has a new dimensional shingled roof, New HVAC, flooring, fresh paint, craftsman trim, new appliances, sprinklers, sold and so much more. Live the Beach Life! Perfect for year-round living or a lucrative vacation rental, this property offers the ultimate coastal lifestyle. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. Call today!

59 Marigot Bay Cir, Miramar Beach