Water Views
Address
909 Santa Rosa Boulevard Unit 162, Fort Walton Beach, FL
Price
$ 380,000
Property Attributes
  • MLS#1006143
  • TypeCondos
  • Listing Status Active
  • CountyOkaloosa
  • CityFort Walton Beach
  • AreaFort Walton Beach
  • NeighborhoodEL MATADOR CONDO
  • Zip32548
  • StyleN-A
  • Year Built1971
  • Taxes$ 3877
  • Price$ 380,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1035
Data Source:
Emerald Coast MLS (ECAR)
Property Description

Some beach condos offer a Gulf view from the balcony. El Matador 162 welcomes you with the Gulf the moment you open the front door. Perched on the top floor of one of Okaloosa Island's most established Gulf-front communities, this beautiful fully furnished 2-bedroom condominium captures stunning views of the Gulf of Mexico, the resort grounds, and the Santa Rosa Sound. Enjoy a full Gulf view as you enter, relax on your private balcony overlooking the emerald waters, and watch boats drift across the Sound from your kitchen window. With water views from nearly every window, this is the kind of beach home that reminds you why people dream of owning on the Emerald Coast. Offering 1,035 square feet of comfortable living space, the condo features updated bathrooms with a beautifully tiled shower, new vanities, fresh paint, hurricane-rated sliding glass doors and windows, new ceiling fans with remote controls, programmable thermostat, programmable lock, pantry, owner's closet, and an additional lockable storage closet on the balcony. The property conveys fully furnished, allowing the next owner to begin enjoying it immediately or continue operating it as a successful vacation rental. Unlike many beachfront condominiums, El Matador sits on approximately 12 beautifully landscaped acres at the quiet western end of Okaloosa Island, bordering miles of undeveloped Gulf-front shoreline. The result is a peaceful, uncrowded beach experience that feels worlds away while remaining just minutes from the Okaloosa Island Boardwalk, Destin, shopping, restaurants, and entertainment. Owners and guests enjoy one of the area's most complete resort amenity packages, including deeded beach access, two swimming pools (one heated), fitness center, sauna, whirlpool, tennis courts, pickleball, basketball, picnic and grilling areas, community room, fishing, gated security, elevators, and beautifully maintained grounds. Whether you're searching for a second home, a Gulf-view vacation getaway, or an investment property, this condo offers exceptional flexibility. Recent rental performance produced approximately $30,179 net in 2024 and $31,227 net in 2025, demonstrating the property's ability to help offset ownership costs while still providing plenty of opportunities for personal enjoyment. Buy with confidence knowing the community has completed its Structural Integrity Reserve Study (SIRS), maintains adequate HOA reserves, and is eligible for conventional financing--advantages that have become increasingly important in today's Florida condominium market. If you've been waiting for a top-floor Gulf-view condo in a gated beachfront community that combines lifestyle, investment potential, and long-term value, El Matador 162 deserves a place at the top of your list.

Elementary School Middle School High School
Elliott Point Elementary School Bruner Middle School Fort Walton Beach High School
Price History
6/24/2026 Listed $380,000

General Features

Utilities Electric,Public Water,TV Cable
Property Subtype Condominium
Community Features Short Term Rental - Allowed,BBQ Pit/Grill,Beach,Community Room,Dumpster,Elevators,Exercise Room,Fishing,Gated Community,Laundry,Leasehold,Pavillion/Gazebo,Pets Allowed,Picnic Area,Pool,Sauna/Steam Room,Tennis,TV Cable,Waterfront,Whirlpool
County Okaloosa
Property Type Residential
Subdivision Name EL MATADOR CONDO
Status Active
Buyer Financing Conventional,VA
Directions Turn South on Santa Rosa Blvd, take road all the way down, turn south and stop at guard shack.
High School Fort Walton Beach
City Fort Walton Beach
MLS Area 12 - Fort Walton Beach
Lot Size Units Acres
Elementary School Elliott Point
Middle/Junior High School Bruner
MLS Area Minor 1201 - Okaloosa Island
Standard Status Active
Sewer Public Sewer
View Gulf
Tax Assessed Value 909
Heating Central
Cooling Central Air
Architectural Style N/A
Construction Materials Concrete,Stucco
Year Built 1971
Tax Year 2025
New Construction false
Total Rooms 4
Carport Y/N false
Property Condition Renovated,Construction Complete
Association Fee Includes Accounting,Insurance,Internet Service,Legal,Management,Security,Sewer,Water,Cable TV,Trash
Pool Features Pool Type
Unit Number UNIT 162
HOA true

Interior Features

Total Baths 2
Interior Amenities Owner's Closet,Pantry
Flooring Floor WW Carpet
Air Conditioning Y/N true
Heating Y/N true
Total Stories 6
Window Features Window Treatment All
Furnished Y/N Furnished - All

Exterior Features

Exterior Amenities Balcony
Building Area Total 1035

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 32548

Price
AVG $500K
$380K
Taxes
AVG $4,780
$3,877
Year Built
AVG 1991
1971