Emerald Coast Foreclosure Homes for Sale

Your next REO opportunity is just a walk, drive, or golf cart away from the gorgeous beaches of Destin. Located in the popular Villages of Crystal Beach, this 3 story 2769sf home has 5 bedrooms, 4 baths and 2 living areas. Floor one, you will find the living room, kitchen, dining area, laundry, full bath and a large bedroom. Floor 2 boasts 3 more bedrooms with a huge Primary suite with massive bath and balcony access. Floor 3 hosts the 2nd living area, another bath and another bedroom. This property is being sold fully furnished, though seller has no rental history, surveys, disclosures, etc. A definite must see before this home is gone! Call today!

211 E Grand, Destin

$184,900

3 Beds ⋅ 2 Baths ⋅ 1014196 MLS

Waiting for you in the heart of South Crestview, this REO home may be your next opportunity. A uniquely shaped split level floor plan, this nearly 1700 square foot home rests on 0.29 acres and has a brick front, vinyl siding, side entry 2 car garage, balcony off the 2nd story and an enclosed patio. Built in 1993, this home has the living room, galley kitchen, pantry and dining area on the bottom floor. This floor leads out to the enclosed patio and to the back yard. On the entry level to the home you will find the 2 spare bedrooms and a full bath. Head upstairs to find a large 2nd living room/loft area with brick fireplace, office nook, access to the patio and primary bedroom and primary bath. The ceilings on this 2nd floor (loft/living and bedroom) are vaulted making this area feel much bigger and open. The home does need repairs and will not qualify for typical financing, but financing options are indeed available. A definite must see. Call today!

174 Villacrest Dr, Crestview

$195,000

1013530 MLS

A Visible Commercial Location with Development Potential Explore the possibilities at 850 N. Ferdon Boulevard in Crestview, Florida. This approximately 10,500-square-foot commercial parcel offers 60 feet of frontage and 175 feet of depth along one of Crestview's established commercial corridors. The property's location and manageable footprint create an opportunity for an investor, entrepreneur, or owner-user seeking to establish a small-scale commercial development in a visible and accessible location. With direct frontage along N. Ferdon Boulevard, the property offers exposure to passing traffic and convenient access to surrounding businesses and commercial services. The parcel may accommodate a variety of neighborhood-oriented business concepts, subject to zoning, site design, and applicable development requirements. Potential concepts could include a coffee shop, drive-through establishment, take-out restaurant, specialty retail shop, professional office, or other service-oriented business. For an owner-user, this property presents an opportunity to develop a location tailored to specific business needs. For an investor or developer, it offers the possibility of creating a purpose-built commercial property in an established Crestview corridor. The approximately 60-by-175-foot dimensions provide a starting point for evaluating building placement, customer parking, signage, and site access, subject to applicable city and county requirements. Bring your development plans to N. Ferdon Boulevard. Whether you are an investor exploring your next project or a business owner looking for a visible location, this commercial parcel offers an opportunity to create something designed around your vision. Buyers are encouraged to independently verify zoning, permitted uses, traffic access, utility availability, parking requirements, setbacks, and all applicable development regulations with the appropriate authorities.

850 N Ferdon Blvd, Crestview

4080 Dancing Cloud Court, Unit 232, Destin

$285,900

2 Beds ⋅ 2 Baths ⋅ 949934 MLS

Fabulous Renovation! New flooring throughout! Kitchen highlights include: Quartz countertops...New sink...New microwave...New stove...New dishwasher...New backsplash...Newly painted cabinetry...Kitchen has been updated and opened to the Living Room! Well maintained complex with short walk to the beach access and proximity to shopping, entertainment and recreation. City Dog Walk Park and Recreation complex across the street. Great for an income investment or residence, solid rental hisory. City of Destin proposed Pickleball Court Complex, consisting of 12 Lighted Pickleball Courts, plus playground, basketball court, improved parking and new restrooms, along with two multi-use courts across Indian Bayou Trail from Indian Lakes. Seller intends to perform an IRC Section 1031 tax-deferred exchange and buyer will be required to cooperate in such an exchange.

4080 Dancing Cloud Court, Unit 232, Destin

$5,900,000

1013035 MLS

STABILIZED MEDICAL OFFICE INVESTMENT | 100% OCCUPIED | 5.62% CAP RATE An exceptional opportunity to acquire a fully occupied, income-producing medical office complex in Crestview, Florida. This approximately 15,000-square-foot property consists of three separate medical office suites, each approximately 5,000 square feet, occupied by established healthcare-related tenants with long-term lease commitments. With approximately $331,541 in annual Net Operating Income (NOI) and an estimated 5.62% capitalization rate at the $5.9 million asking price, this investment offers an established income stream from day one. The property features a triple-net (NNN) lease structure, contractual rental increases, and limited landlord operating responsibilities, creating an attractive ownership profile for investors seeking a stabilized commercial real estate asset. Unlike properties requiring significant lease-up, tenant improvements, or the uncertainty of establishing occupancy, this medical office complex offers the advantage of existing tenants, executed leases, and ongoing rental income. Its three-suite configuration provides an established healthcare-oriented tenant base within a single investment property. Strategically located less than one mile from the local hospital, the property offers convenient access to Interstate 10, Crestview Commons, and major commercial corridors. Crestview serves as an important healthcare and commercial center in Northwest Florida, providing access to surrounding communities and the broader regional market. The combination of full occupancy, established healthcare-related tenancy, contractual rental growth, and a defined income profile makes this property worthy of consideration by private investors, commercial real estate investment groups, medical office investors, and buyers evaluating 1031 exchange opportunities. This is more than an opportunity to purchase commercial real estate. It is an opportunity to acquire an established medical office investment with tenants, leases, and income already in place in a strategically positioned Northwest Florida market.

320-370 W Redstone Ave, Crestview

$194,900

2 Beds ⋅ 2 Baths ⋅ 1012718 MLS

This REO opportunity is renovated and ready to go! This super cute home was but originally has 2 large bedrooms and 2 full baths. The larger bedroom has a bath attached with stand up shower, while the main full bath comes with tub surround. The kitchen has been completely reconfigured and comes with new cabinets, quartz tops, and new stainless steel dishwasher, microwave, and smoothtop stove. There are 2 eating areas here: 1, the main dining which is just off the kitchen and a smaller breakfast area. The laundry room is massive with new water heater and tons of room for storage or space to add shelving. This home has new LVP flooring, fresh paint, new fixtures throughout, decora switches, and new paint on the exterior. With an all fenced oversized lot and 2 oversized storage buildings/workshops you are definitely going to want to see this property, before it's gone!

215 E 3rd Ave, Crestview

$524,900

4 Beds ⋅ 3 Baths ⋅ 1011073 MLS

Real Estate Owned REO Spacious 4 bedroom, 3 bath home with a private office, formal dining room, in ground gunite pool, and deeded access to the Santa Rosa Sound, all situated on approximately 0.43 acres with no HOA. The versatile split bedroom floor plan offers a large living room with vaulted ceilings and a shiplap accent wall. The kitchen features a center island, granite countertops, stainless steel appliances, a walk in pantry, and an adjoining breakfast area overlooking the covered patio and pool. The primary suite is privately located on one side of the home and includes two walk in closets, dual granite vanities, a soaking tub, separate shower, water closet, and linen storage. Three additional bedrooms and two full bathrooms are located on the opposite side of the home. The office can be closed for privacy with a sliding barn style door, providing flexible space for working from home, hobbies, or additional living needs. The privacy fenced backyard is designed for Florida outdoor living and features a gunite pool with a tanning ledge, waterfall, LED color changing lights. A concrete footer is already in place around the pool for a potential future screen enclosure. Additional features include LVP flooring, an extended driveway, a two car garage, and a sprinkler system supplied by a well. Conveniently located near schools, shopping, restaurants, Navarre Beach, and Hurlburt Field. Call to take a look at 1773 Thunderbolt St today.

1773 Thunderbolt St, Navarre

$285,000

4 Beds ⋅ 2 Baths ⋅ 1010506 MLS

Real Estate Owned. Located at 4426 Mirada Way in the most Southern part of Crestview, convenient to Duke Field, Eglin Air Force Base, shopping, dining and area amenities. This brick home offers a split bedroom floor plan with spacious formal and casual living and dining areas. The kitchen features granite countertops, a center island, breakfast bar, tile backsplash, stainless steel appliances, abundant cabinetry and an adjoining pantry and laundry room. The primary suite is separated from the additional bedrooms for added privacy. Its bathroom includes a double granite vanity, separate shower, soaking tub and private water closet. The guest bathroom also features a granite countertop and tile flooring. Additional interior features include tall ceilings, tile flooring in the kitchen and dining area, carpeted bedrooms and ceiling fans. Outside, the home includes a two car garage, privacy fenced backyard and a large rear patio. A natural preserve area adjoining the property provides additional privacy and shade. Property is being sold as is. Buyer to verify all measurements, square footage, schools, zoning, HOA information and any other details deemed important.

4426 Mirada Way, Crestview

$315,000

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

$260,000

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

$2,299,000

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

$519,900

3 Beds ⋅ 2 Baths ⋅ 1004533 MLS

REO property. 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

$935,500

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

$534,900

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

9500 Grand Sandestin Blvd Unit 2325, Miramar Beach

$285,000

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

$615,000

3 Beds ⋅ 3 Baths ⋅ 999769 MLS

Welcome to Rocky Bayou Estates! This 3-bedroom, 2.5-bathroom home offers space, style, and comfort on a nearly half-acre lot in one of the area's most desirable neighborhoods. As you arrive, the charming curb appeal, complete with meticulous landscaping and a cozy front porch, sets the tone for this inviting home. Step inside, and you are welcomed by a bright entryway, leading into a spacious open-concept living area. The Great Room is the heart of the home, featuring a soaring cathedral ceiling, tile flooring, custom built-in cabinetry, and a gas fireplace, perfect for cozy evenings. French doors provide access to the screened porch, where you can enjoy outdoor living in style, complete with a ceiling fan to keep cool. For the home chef, the updated kitchen is a dream, offering beautiful cabinetry, granite countertops, and a breakfast bar that overlooks the family room, making it easy to entertain while preparing meals. The kitchen flows seamlessly into a sunlit dining area, perfect for family gatherings. The master suite is a true retreat, featuring a sitting area with a tray ceiling, and a luxurious en-suite bathroom with a separate tiled shower, garden tub, double vanities, and a large walk-in closet. The two additional bedrooms are generously sized, sharing a Jack & Jill bathroom with plenty of closet and storage space. Step outside to your fully fenced backyard, a true oasis with ample space for kids to play or for hosting gatherings. The patio area is ideal for barbecues, and there's even a dedicated boat/RV slab for your recreational needs. Additional features include a spacious laundry room, an attached two-car garage, and beautiful outdoor views from almost every room. Step into your new life at Rocky Bayou Estates, where every detail has been thoughtfully crafted to offer you comfort, convenience, and style. Whether you're relaxing by the fireplace, hosting gatherings in your gourmet kitchen, or enjoying a quiet evening on the screened porch, this home is designed to elevate your everyday living. With its prime location, generous lot, and modern amenities, this property is not just a house, it's the place where you'll create lasting memories. Don't miss the opportunity to make this exceptional home yours! Roof- 2011. Water Heater- 2018. HVAC- 2012.

233 Galway Dr, Niceville

$225,000

1 Beds ⋅ 1 Baths ⋅ 997451 MLS

**SHORT SALE** Enjoy waterfront living at the end of desirable Soundside Drive with stunning views of Opal Beach and the Santa Rosa Sound. This 1-bedroom, 1-bath condo comfortably sleeps four and features LVP flooring, an eat-in kitchen, and a stackable washer and dryer--making it truly move-in ready. This charming 14-unit community completed major updates in 2021 including a new roof, exterior siding, paint, lighting, landscaping, and a beautifully updated through-flow dock with lighting. Each owner also has use of a 12x12 storage room maintained by the HOA. Conveniently located less than a mile from a public boat launch, 11 miles to Navarre Beach, and 15 miles to Pensacola Beach. Waterfront views, coastal charm, and a fantastic location--don't miss this one!

5539 Soundside Dr Unit K, Gulf Breeze

$1,999,900

5 Beds ⋅ 5 Baths ⋅ 996297 MLS

*Back on the Market--NO FAULT OF SELLER** REO: Designed by a prominent architect, this dream beach retreat was built in the highly sought-after, gated community of Destiny East. 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 Metal Roof installed 2023.

44 Tranquility Ln, Destin

Emerald Coast Foreclosure Homes for Sale

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