Okaloosa County Real Estate | Okaloosa County Foreclosure Properties for Sale

Well-maintained and move-in ready, this 3-bedroom, 2-bath home sits on a desirable corner lot just 5 miles from Hurlburt Field. Select areas have been freshly painted, and the carpeted bedrooms add a comfortable, welcoming feel. The spacious great room features vaulted ceilings and opens into the dining area, creating an inviting layout for everyday living or entertaining. The kitchen offers a breakfast bar, a cozy breakfast nook, and a bay window overlooking the backyard. The primary suite provides a relaxing retreat with a private bath featuring double vanities, a garden tub, and two walk-in closets. Outside, the spacious, privacy-fenced backyard features a wood deck ideal for relaxing, grilling, or entertaining, along with convenient side access that adds flexibility for outdoor storage or recreational needs. A lawn pump and sprinkler system add extra convenience. Ideally located near Hurlburt Field, area beaches, shopping, dining, and everyday conveniences, this home offers comfort, location, and value all in one.

411 Peregrine Ct, Mary Esther

$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

$256,500

4 Beds ⋅ 2 Baths ⋅ 1007535 MLS

Real Estate Owned REO. Discover this beautifully maintained 2022 all brick home in the sought after Heritage Plantation community. Situated on a spacious approximately 0.37 acre homesite, this 4 bedroom, 2 bath residence offers an open concept layout designed for both everyday living and entertaining. The kitchen features a large center island, stainless steel appliances, abundant cabinet space, and a pantry, all overlooking the living and dining areas. The split bedroom floor plan provides added privacy, with the primary suite offering a walk in closet, double vanity, and spacious walk in shower. Luxury vinyl plank flooring extends through the main living areas, while the bedrooms feature comfortable carpeting. Enjoy outdoor living from the covered rear patio overlooking the generous backyard. Additional features include a two car attached garage, indoor laundry area, public water and sewer, underground utilities. Heritage Plantation offers residents community amenities including a neighborhood pool, sidewalks, and a peaceful setting while remaining just a short drive from shopping, dining, schools, and the conveniences of Crestview. This property presents an excellent opportunity to own a newer home in a growing community.

6412 Arcadia Bluffs Ave, Laurel Hill

$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

$115,000

3 Beds ⋅ 2 Baths ⋅ 1006853 MLS

Centrally located 2018 manufactured home on larger lot, .34 acre, with 3 bedrooms, 2 baths and 1,315 of living space. This property is being sold ''AS IS''. Call for additional information and to schedule a showing.

545 E Williams Ave, Crestview

$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

$559,900

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

$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. 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. Currently 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 two 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. Currently leased til mid August. Tenant in process of clearing out through Aug. 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

$249,900

2 Beds ⋅ 1 Baths ⋅ 1002569 MLS

REO. This fully furnished 2 bedroom, 1 bath unit puts you just steps away from the white sandy beaches of Okaloosa Island. Wake up to coastal living with immediate access to some of the area's most pristine beaches. The furnished interior means zero setup time, allowing you to transition smoothly into your new home. From your 3rd Floor Balcony, you'll enjoy a view of the sparkling pool. Beyond the pool, the complex features tennis and basketball courts, a BBQ area, and on-site laundry for added convenience and recreation. The location offers more than beach proximity, you're close to Restaurants, local attractions and entertainment. Whether you're seeking a vacation retreat, investment property, or permanent residence, this condo delivers both accessibility and resort-caliber amenities

885 Santa Rosa Blvd Unit 311-A, Fort Walton Beach

$305,000

3 Beds ⋅ 3 Baths ⋅ 1000477 MLS

Real Estate Owned - Real Estate Owned - Exceptional value in the desirable Crosswinds community between Eglin AFB and Hurlburt Field. This 3-bedroom, 2.5-bath home offers 1,660 square feet on a quiet cul-de-sac with a functional floor plan featuring soaring cathedral ceilings, tile flooring throughout the main living areas, a wood-burning fireplace, and an open kitchen with adjacent laundry room. Upstairs you'll find all three bedrooms, including a spacious primary suite. Recent improvements have enhanced the property's overall presentation. Enjoy a fenced backyard, 2-car garage, and convenient access to shopping, dining, schools, and military bases. A great opportunity to personalize a well-located home and build equity. Sold as-is.

1512 W Mariah Way, Fort Walton 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

$190,000

3 Beds ⋅ 2 Baths ⋅ 992938 MLS

Welcome to 8185 4th St, a charming property located in the heart of Laurel Hill. This home offers a peaceful small-town setting with the convenience of nearby schools, local shops, and easy access to surrounding communities. Whether you're searching for a primary residence, an investment opportunity, or a quiet retreat, this property delivers both comfort and potential. The home sits on a generous lot, providing ample outdoor space for relaxation, entertaining, or future improvements. Inside, the layout is functional and inviting, offering flexibility to suit a variety of lifestyles. Natural light flows throughout, creating a warm and welcoming atmosphere.

8185 4th St, Laurel Hill

$1,075,000

992065 MLS

This 10-unit multifamily property offers a strong income stream in one of Fort Walton Beach's most convenient locations. Each unit features a 1-bedroom, 1-bathroom layout, ideal for long-term tenants or short-term conversion. Located just minutes from major employers, shopping centers, and the beautiful Gulf Coast beaches, this property maintains high occupancy and consistent cash flow. The property is professionally managed and offers low overhead, making it perfect for both hands-off investors or owner-operators. With a current monthly income of $9,225, there is also potential for future rent increases in a growing rental market.

14 Nw Cape Dr Unit A-J, Fort Walton Beach

$309,900

2 Beds ⋅ 4 Baths ⋅ 973095 MLS

Positioned in the heart of Fort Walton Beach and now offered at $75,000 below the original list price, this property presents a rare opportunity for savvy buyers looking to build immediate equity while capitalizing on one of the Emerald Coast's most consistently in-demand rental markets. Whether you're searching for a primary residence with upside potential, a long-term investment property, or a future resale opportunity, the heavy lifting has already been done. Major system updates have been completed for you, including a new roof, updated electrical panel, two brand-new HVAC systems, new water heater, new carpet, new pool liner, and a screened lanai--significantly reducing upfront expenses and giving buyers confidence in the home's long-term value. Ideally located just minutes from Eglin Air Force Base, Hurlburt Field, shopping, dining, and the Emerald Coast's white sandy beaches, this home is strategically positioned to benefit from steady demand from military personnel, contractors, vacationers, and future buyers alike. The flexible floor plan offers the potential for an easy conversion to a 3-bedroom layout or more, creating additional value and increasing rental appeal. Outside, the private screened-in pool, dedicated pool bathroom, expansive covered patio, and spacious backyard create the kind of lifestyle amenities today's renters and buyers are actively searching for. Opportunities to purchase a centrally located property with major improvements already complete Located just minutes from Eglin AFB and Hurlburt Field, this home is perfectly positioned for strong rental demand from military personnel and contractors. Don't miss this chance to invest in a centrally located, high-potential property with major systems already updated.

103 Thornhill Rd, Fort Walton Beach

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