Property Attributes
- MLS#996832
- TypeCondos
- Listing Status Pending
- CountyOkaloosa
- CityFort Walton Beach
- AreaFort Walton Beach
- NeighborhoodEL MATADOR CONDO
- Zip32548
- StyleN-A
- Year Built1971
- Taxes$ 4235
- Price$ 375,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1035
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Huge Price reduction! Priced to Sell! Your Piece of Paradise on the Gulf is calling you! Welcome to El Matador Unit 256 ''Pelican Cove'' Gross rents in 2025 $50,527!!!! You will never want to leave this stunning condo at El Matador! With easy access to the gorgeous white sand and the Emerald Green waters, you'll fall in love with the serenity of what El Matador on Okaloosa Island offers. Located on the 5th floor of building 2, this beautifully renovated 2 BD/1 BA unit sleeps 9 people and offers panoramic views of the Santa Rosa Sound and the Gulf of Mexico. The balcony is perfect for enjoying sunsets and spending time with family and friends. Whether this will be a primary residence, second home or investment property. Don't miss the opportunity to own your Piece of Paradise! The only thing missing is YOU!
| Elementary School | Middle School | High School |
|---|---|---|
| Elliott Point Elementary School | Bruner Middle School | Fort Walton Beach High School |
| Price History | |
|---|---|
| 5/15/2026 | Listed $425,000 |
| 8/6/2026 | 12$375,000 |
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 | Pending |
| Buyer Financing | Conventional,VA |
| Directions | Hwy 98 to Okaloosa Island. Drive west on Santa Rosa Blvd until you see the El Matador sign on the left, take a left on Southpark Drive then take a right pull forward to the guard house entrance to the Complex will be obtained through the security guard at the guard house. Unit is located in Building 2. |
| 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 | Pending |
| Sewer | Public Sewer |
| View | Sound,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 256 |
| HOA | true |
Interior Features
| Total Baths | 1 |
|---|---|
| Interior Amenities | Owner's Closet |
| Flooring | Floor Laminate |
| 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
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers