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Short Sales - Gulf Front Condos
Updated 1-25-10 What are "short sales" and "REO's"? Click here to find out more!
Active Gulf Front Short Sales in Destin. Scroll down for other areas.
|
MLS#
|
|
SqFt
|
BR
|
Bth
|
YrBlt
|
|
|
|
| 529482 |
SILVER DUNES CONDO Unit#12 |
600 |
1 |
1/ |
1972 |
$256.50 |
$153,900 |
ECU2 |
| 499995 |
SUNDESTIN INTERNATIONAL CONDO Unit#417 |
766 |
1 |
1/1 |
1984 |
$241.51 |
$185,000 |
EA24 |
| 504294 |
WINDANCER CONDO Unit#101 |
806 |
1 |
2/0 |
1996 |
$279.16 |
$225,000 |
E100 |
| 526227 |
MAINSAIL CONDO PH 4 Unit#431 |
1,208 |
2 |
2/0 |
1982 |
$186.26 |
$225,000 |
EBNS |
| 485078 |
MAINSAIL CONDO PH 3 Unit#311 |
1,208 |
2 |
2/0 |
1984 |
$190.31 |
$229,900 |
EROS |
| 493006 |
SEAFARER CONDO Unit#106 |
760 |
1 |
1/ |
1984 |
$310.52 |
$236,000 |
EJVS |
| 512864 |
WINDANCER CONDO Unit#104 |
806 |
1 |
1/0 |
1996 |
$303.97 |
$245,000 |
E100 |
| 523218 |
STERLING SANDS CONDO Unit#104 |
861 |
2 |
2/ |
1995 |
$301.85 |
$259,900 |
EPBE |
| 498375 |
STERLING SANDS CONDO Unit#608 |
861 |
2 |
2/0 |
1995 |
$310.68 |
$267,500 |
EMAX |
| 524213 |
EDGEWATER BEACH CONDO PH 1 Unit#1005 |
936 |
1 |
1/0 |
1985 |
$287.39 |
$269,000 |
ETP1 |
| 438518 |
MAINSAIL CONDO PH 3 Unit#331 |
1,208 |
2 |
2/0 |
1982 |
$235.84 |
$284,900 |
ERMS |
| 483478 |
STERLING SANDS CONDO Unit#803 |
861 |
2 |
2/0 |
1995 |
$335.54 |
$288,900 |
ESSI |
| 423207 |
CRYSTAL SANDS CONDO Unit#108A |
806 |
1 |
1/1 |
1995 |
$370.96 |
$299,000 |
EMOL |
| 514533 |
EDGEWATER BEACH CONDO PH 1 Unit#308 |
1,005 |
1 |
1/0 |
1985 |
$297.51 |
$299,000 |
EIMS |
| 529372 |
PELICAN BEACH RESORT CONDO Unit#516 |
955 |
2 |
2/ |
1997 |
$314.03 |
$299,900 |
ERMS |
| 529369 |
PELICAN BEACH RESORT CONDO Unit#916 |
955 |
2 |
2/ |
1997 |
$314.03 |
$299,900 |
ERMS |
| 512743 |
MAINSAIL CONDO PH 3 Unit#334 |
1,340 |
2 |
2/0 |
1984 |
$223.80 |
$299,900 |
ERMS |
| 529373 |
PELICAN BEACH RESORT CONDO Unit#812 |
955 |
2 |
2/ |
1997 |
$324.60 |
$310,000 |
ERMS |
| 499725 |
BEACH HOUSE CONDO PH 2 Unit#305B |
783 |
1 |
1/ |
1980 |
$408.68 |
$320,000 |
EA13 |
| 511317 |
BEACHSIDE II Unit#4215 |
854 |
1 |
1/0 |
1985 |
$408.66 |
$349,000 |
ERGF |
| 425909 |
BEACHSIDE 1 CONDO Unit#4039 |
1,200 |
2 |
2/0 |
1984 |
$348.75 |
$418,500 |
ECRY |
| 405126 |
BEACHSIDE 1 CONDO Unit#4032 |
1,177 |
2 |
2/0 |
1981 |
$355.98 |
$419,000 |
EPDP |
| 526387 |
STERLING SANDS CONDO Unit#510 |
1,200 |
2 |
2/0 |
1995 |
$354.16 |
$425,000 |
EMAX |
| 522094 |
BEACHSIDE 1 CONDO Unit#4105 |
1,177 |
2 |
2/0 |
1981 |
$373.83 |
$440,000 |
EIMS |
| 512131 |
STERLING SANDS CONDO Unit#611 |
861 |
2 |
2/0 |
1995 |
$522.64 |
$450,000 |
ESPD |
| 522253 |
WESTWINDS AT SANDESTIN CONDO Unit#4717 |
1,145 |
2 |
2/1 |
1998 |
$414.85 |
$475,000 |
EPDP |
| 497044 |
WESTWINDS AT SANDESTIN CONDO Unit#4775 |
1,145 |
2 |
2/1 |
1998 |
$423.58 |
$485,000 |
ERUL |
| 491516 |
WESTWINDS AT SANDESTIN CONDO Unit#4765 |
715 |
1 |
1/0 |
1998 |
$697.90 |
$499,000 |
ECRY |
| 527649 |
WESTWINDS AT SANDESTIN CONDO Unit#4701 |
1,370 |
2 |
2/1 |
1998 |
$364.23 |
$499,000 |
EWSD |
| 439680 |
MAINSAIL CONDO PH 5 Unit#212 |
1,462 |
3 |
3/0 |
1984 |
$341.92 |
$499,900 |
ERMS |
| 525418 |
ST. LUCIA AT SILVER SHELLS Unit#901 |
1,804 |
3 |
3/ |
2005 |
$277.16 |
$500,000 |
NAPP |
| 528640 |
BEACHSIDE 2 CONDO Unit#4291 |
1,141 |
2 |
2/0 |
1986 |
$453.11 |
$517,000 |
ERUL |
| 505072 |
WESTWINDS AT SANDESTIN CONDO Unit#4842 |
715 |
1 |
1/0 |
1998 |
$734.26 |
$525,000 |
ECRY |
| 522205 |
WESTWINDS AT SANDESTIN CONDO Unit#4704 |
1,090 |
2 |
2/1 |
1998 |
$481.65 |
$525,000 |
EPDP |
| 518560 |
SILVER BEACH TOWERS Unit#E1605 |
1,362 |
2 |
2/0 |
2001 |
$396.40 |
$539,900 |
EDRN |
| 488161 |
CRYSTAL DUNES CONDO Unit#105 |
1,325 |
3 |
2/0 |
1998 |
$415.01 |
$549,900 |
EA24 |
| 527704 |
CRYSTAL DUNES CONDO Unit#402 |
1,322 |
3 |
2/0 |
1999 |
$453.10 |
$599,000 |
EMAX |
| 455402 |
WESTWINDS AT SANDESTIN CONDO Unit#4737 |
1,370 |
2 |
2/ |
1998 |
$474.45 |
$650,000 |
ECRY |
| 484825 |
WESTWINDS AT SANDESTIN CONDO Unit#4784 |
1,090 |
2 |
2/ |
1998 |
$610.09 |
$665,000 |
ERGF |
| 521150 |
SILVER BEACH TOWERS Unit#1103W |
1,790 |
3 |
3/0 |
2004 |
$384.92 |
$689,000 |
ESDU |
| 484185 |
WESTWINDS AT SANDESTIN CONDO Unit#4800 |
1,090 |
2 |
2/ |
1998 |
$641.28 |
$699,000 |
ERGF |
| 526708 |
ST. MAARTEN AT SILVER SHELLS Unit#705 |
2,008 |
3 |
3/0 |
1999 |
$447.71 |
$899,000 |
EMAX |
| 523320 |
DUNES OF CRYSTAL BEACH Unit#104 |
2,215 |
3 |
3/0 |
2005 |
$417.61 |
$925,000 |
ETP1 |
| 494875 |
VILLA COYABA Unit#104 |
2,200 |
4 |
3/ |
2006 |
$453.64 |
$998,000 |
EDRE |
| 514772 |
GRANDVIEW CONDO Unit#202 |
2,399 |
3 |
3/ |
1997 |
$416.01 |
$998,000 |
EA13 |
| 468993 |
REGENCY TOWERS Unit#6022 |
3,662 |
3 |
3/1 |
1983 |
$395.96 |
$1,450,000 |
ECU2 |
Or Click Here to go view all listings at once.
Based on information from ECAR for the period through 1/25/2010.
Active Gulf Front Short Sales on Okaloosa Island
|
MLS#
|
|
SqFt
|
BR
|
Bth
|
YrBlt
|
|
|
|
| 530140 |
EL MATADOR CONDO Unit#519 |
1,134 |
2 |
2/0 |
1977 |
$132.27 |
$150,000 |
EAB2 |
| 522807 |
SEA OATS CONDO Unit#410 |
1,050 |
2 |
2/ |
1983 |
$161.81 |
$169,900 |
EWSD |
| 504985 |
PELICAN ISLE Unit#105 |
820 |
1 |
2/0 |
2002 |
$207.32 |
$170,000 |
EMAX |
| 525245 |
WATERSCAPE Unit#B424 |
829 |
1 |
2/ |
2007 |
$228.95 |
$189,800 |
EKWP |
| 484985 |
GULF DUNES CONDO Unit#105 |
763 |
1 |
1/1 |
1999 |
$249.01 |
$190,000 |
EIMS |
| 503396 |
ISLAND SANDS CONDO Unit#308 |
727 |
1 |
1/ |
1984 |
$261.35 |
$190,000 |
EAM1 |
| 527262 |
NAUTILUS CONDO Unit#2407 |
1,100 |
2 |
2/0 |
1986 |
$172.72 |
$190,000 |
ECRY |
| 486983 |
NAUTILUS CONDO Unit#2308 |
1,100 |
2 |
2/0 |
1986 |
$180.90 |
$199,000 |
ERMS |
| 503592 |
NAUTILUS CONDO Unit#2510 |
1,040 |
2 |
2/ |
1986 |
$206.73 |
$215,000 |
ERMS |
| 508206 |
WATERSCAPE Unit#A225 |
1,292 |
2 |
2/1 |
2008 |
$176.47 |
$228,000 |
EAB2 |
| 529190 |
DESTIN WEST BEACH & BAY RESORT-GULFSIDE Unit#405 |
894 |
1 |
2/0 |
2002 |
$274.04 |
$245,000 |
EPDP |
| 510532 |
EMERALD ISLE Unit#511 |
1,180 |
2 |
2/0 |
1975 |
$216.10 |
$255,000 |
NIVR |
| 506579 |
PELICAN ISLE Unit#506 |
1,244 |
2 |
2/0 |
2002 |
$221.06 |
$275,000 |
EJBR |
| 515688 |
EMERALD TOWERS WEST CONDO Unit#5000 |
1,145 |
2 |
2/0 |
1997 |
$248.82 |
$284,900 |
EIMS |
| 458728 |
SEA OATS CONDO Unit#303 |
1,040 |
2 |
2/0 |
1983 |
$283.65 |
$295,000 |
EJBR |
| 527176 |
BREAKERS OF FWB PH 2 Unit#C208 |
1,462 |
3 |
2/ |
1983 |
$218.87 |
$320,000 |
EPE4 |
| 528256 |
ISLAND PRINCESS Unit#310 |
1,347 |
3 |
3/ |
1999 |
$239.79 |
$323,000 |
ERUL |
| 526714 |
WATERS EDGE Unit#112 |
1,231 |
2 |
2/ |
2001 |
$263.93 |
$324,900 |
EJMC |
| 515876 |
BREAKERS OF FWB PH 1 Unit#408W |
1,462 |
3 |
2/0 |
1985 |
$225.71 |
$330,000 |
EKW1 |
| 529204 |
ISLAND PRINCESS Unit#110 |
1,400 |
3 |
3/ |
2000 |
$267.85 |
$375,000 |
ENBI |
| 483668 |
SUMMER PLACE Unit#601 |
1,200 |
3 |
2/0 |
2002 |
$328.33 |
$394,000 |
ETRF |
| 524254 |
ISLAND PRINCESS Unit#201 |
1,347 |
3 |
3/ |
1999 |
$296.88 |
$399,900 |
ERMS |
| 529442 |
WATERSCAPE Unit#B212 |
1,292 |
2 |
2/1 |
2008 |
$355.96 |
$459,900 |
EAB0 |
| 518344 |
AZURE Unit#602 |
1,564 |
3 |
3/0 |
2005 |
$303.71 |
$475,000 |
EGLA |
| 516394 |
AZURE Unit#303 |
1,513 |
3 |
3/0 |
2005 |
$329.80 |
$499,000 |
EAB2 |
| 523171 |
ISLAND ECHO CONDO Unit#7BC |
1,630 |
3 |
3/0 |
1977 |
$318.40 |
$519,000 |
EARS |
| 524678 |
DESTIN WEST BEACH & BAY RESORT-GULFSIDE Unit#402 |
1,165 |
2 |
2/0 |
2002 |
$484.97 |
$565,000 |
EWAL |
| 530443 |
BELLA RIVA Unit#404 |
2,095 |
3 |
3/ |
2007 |
$333.65 |
$699,000 |
EWSD |
Or Click Here to go view all listings at once.
Based on information from ECAR for the period through 1/25/2010.
Active Gulf Front Short Sales in Panama City Beach
|
MLS#
|
|
SqFt
|
BR
|
Bth
|
YrBlt
|
|
|
|
| 512889 |
GULFGATE CONDO Unit#B-310 |
1,100 |
2 |
2/0 |
1973 |
$168.18 |
$185,000 |
EAB0 |
| 517775 |
EMERALD ISLE Unit#2306 |
1,146 |
2 |
2/0 |
2005 |
$190.23 |
$218,000 |
EBF1 |
| 449888 |
EMERALD ISLE Unit#1303 |
1,146 |
2 |
2/ |
2005 |
$191.97 |
$220,000 |
EP17 |
| 449889 |
EMERALD ISLE Unit#1302 |
1,146 |
2 |
2/ |
2005 |
$191.97 |
$220,000 |
EP17 |
| 529314 |
OCEAN VILLA Unit#2305 |
1,146 |
2 |
2/0 |
2005 |
$196.33 |
$225,000 |
E100 |
| 528217 |
MAJESTIC BEACH TOWERS II Unit#207 |
979 |
2 |
2/ |
2006 |
$230.33 |
$225,500 |
NPREN2 |
| 530407 |
TIDEWATER BEACH STAGE 2 Unit#3014 |
1,131 |
2 |
3/0 |
2007 |
$220.95 |
$249,900 |
EAB2 |
| 521811 |
EMERALD ISLE Unit#709 |
1,146 |
2 |
2/0 |
2005 |
$218.06 |
$249,900 |
EP17 |
| 527365 |
SUNRISE BEACH Unit#704 |
1,249 |
2 |
2/ |
2006 |
$204.16 |
$255,000 |
ERUL |
| 512286 |
SUNRISE BEACH Unit#2103 |
1,225 |
2 |
2/0 |
2005 |
$212.16 |
$259,900 |
EP12 |
| 512567 |
SUNRISE BEACH Unit#1508 |
1,249 |
2 |
2/ |
2005 |
$216.17 |
$270,000 |
EIMS |
| 503239 |
MAJESTIC BEACH TOWERS II Unit#1705 |
1,273 |
3 |
2/0 |
2006 |
$216.02 |
$275,000 |
EJMC |
| 493771 |
GRAND PANAMA BEACH RESORTS Unit#T1 308 |
1,135 |
2 |
2/ |
2007 |
$251.10 |
$285,000 |
EP17 |
| 508148 |
SUNRISE BEACH Unit#904 |
1,249 |
2 |
2/0 |
2006 |
$239.39 |
$299,000 |
EIMS |
| 513564 |
CELADON BEACH Unit#1509 |
1,400 |
3 |
3/0 |
2004 |
$228.50 |
$319,900 |
EJMC |
| 521839 |
CELADON BEACH Unit#1709 |
1,400 |
3 |
3/ |
2004 |
$246.42 |
$345,000 |
EDRE |
| 515549 |
STERLING REEF Unit#1407 |
1,604 |
3 |
3/ |
2005 |
$248.75 |
$399,000 |
EGBE |
| 463093 |
LONG BEACH TOWERS II Unit#2-106 |
1,800 |
3 |
3/ |
1999 |
$261.06 |
$469,900 |
EP28 |
Or Click Here to go view all listings at once.
Based on information from ECAR for the period through 1/25/2010.
Active Gulf Front Short Sales in South Walton / 30A
|
MLS#
|
|
SqFt
|
BR
|
Bth
|
YrBlt
|
|
|
|
| 515048 |
CAPISTRANO CONDO Unit#202 |
1,095 |
2 |
2/0 |
1985 |
$283.10 |
$310,000 |
EIMS |
| 500853 |
DUNES OF SEAGROVE Unit#104A |
1,339 |
2 |
2/0 |
2002 |
$283.05 |
$379,000 |
ERON |
| 508736 |
MONTEREY CONDO (GULF FRONT) Unit#C 101 |
1,720 |
3 |
3/ |
1999 |
$363.37 |
$625,000 |
EP28 |
| 528660 |
EMERALD HILL CONDO PH 1 Unit#6 |
1,603 |
3 |
3/ |
1983 |
$404.86 |
$649,000 |
EBPF |
| 524724 |
DUNES OF SEAGROVE Unit#109A |
1,864 |
3 |
3/1 |
2002 |
$362.12 |
$675,000 |
EKW1 |
| 526432 |
LEGACY THE Unit#202 |
2,300 |
4 |
3/0 |
1999 |
$358.69 |
$825,000 |
ERON |
| 518710 |
ADAGIO Unit#C103 |
2,220 |
4 |
3/0 |
2004 |
$382.88 |
$850,000 |
EKW1 |
| 511652 |
WATERSOUND Unit#208 |
1,818 |
3 |
3/0 |
2005 |
$508.80 |
$925,000 |
EBF1 |
| 529630 |
ADAGIO Unit#A104 |
2,220 |
4 |
3/0 |
2005 |
$436.93 |
$970,000 |
ESWL |
| 527299 |
WATERSOUND Unit#C 213 |
2,286 |
3 |
3/1 |
2003 |
$645.23 |
$1,475,000 |
ETP1 |
| 529172 |
WATERCOLOR Unit#20 |
2,359 |
3 |
3/1 |
2001 |
$633.74 |
$1,495,000 |
ETHA |
Or Click Here to go view all listings at once.
Based on information from ECAR for the period through 1/25/2010.
Email your request to Condos@JamesSkeele.com 850-368-5775 
Click here to receive MLS updates on the following Short Sales and Foreclosures!
A full MLS report with photos will be emailed to you.
Also see "Foreclosures in Destin" for foreclosure listings.
Short sale deals in Destin, Okaloosa Island, South Walton and Panama City Beach. Short sales in Destin and other nearby areas are here today and gone tomorrow.
Find out more about short sales and foreclosures in addition to REO's.
Definition of a Short Sale
Short sales are a process of contracting a sale pending approval from the lender. This is the case when an owner must sell but owes more than the current market value (determined by CMA or Comparative Market Analysis). Usually, the seller is either in default and heading toward foreclosure or is simply upside down (owes more than the value). Most short sales however are not pre-approved by the lender and thus can often take a minimum of 30 to 90 days going through the approval process. During this time the listing is left active in the MLS even though a contract is fully executed. Any and all offers will be presented to the bank until such time the lender decides to approve the short sale. Not all short sales allow the seller to walk away without a penalty. If the seller has other assets or a high salaried job, they may require such seller to sign a note to repay what they owe. As short sales grow in popularity it is important to educate yourself before making a decision to sell or buy via the short sale process.
For more info on short sales see the following WSJ article -
Two Alternatives to Foreclosure - 7/27/08
Definition of an REO
REO's or "Real Estate Owned" sales simply mean they are bank owned. The property has been foreclosed and the bank has listed the property for sale. These are often the best deals to look for as you are dealing directly with the bank and you already know a price certain that will be accepted. You can expect to get a quick response and be certain to close.
Contact James Skeele at Condos@JamesSkeele.com 850-368-5775
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