El Matador 909 Santa Rosa Blvd Unit 168 Fort Walton Beach, FL 32548
Okaloosa Island NeighborhoodEstimated payment $3,330/month
Highlights
- Beach
- Property fronts gulf or ocean
- Fishing
- Fort Walton Beach High School Rated A
- Intracoastal View
- 5-minute walk to The Boat Basin on Okaloosa Island
About This Home
Gulf-Front Getaway at El Matador Condo on Okaloosa Island! Wake up to sparkling direct Gulf views and unwind to breathtaking sunsets at this beautifully renovated 2-bedroom, 2-bath condo in an iconic resort on Okaloosa Island. Perfectly positioned for beach lovers and investors alike, this top 6th floor condo offers the ideal blend of personal retreat and proven short-term rental income, grossing an average of $34,000 per year. Come experience why guests return year after year to this top-floor Gulf-view condo at El Matador. Whether you're seeking a turnkey vacation rental or a family beach retreat, this condo delivers both relaxation and reliable revenue. Schedule your private showing today and start living the island lifestyle or keep the income flowing with a proven rental producer. Condo Highlights
-Direct Gulf and pool views from the living area, private balcony, and primary bedroom!
-Top-floor location with additional views of the Intracoastal Waterway.
-Renovated interior featuring tile flooring throughout and updated finishes.
-Spacious open layout ideal for entertaining or family getaways.
-2 bedrooms / 2 baths comfortably sleeping up to 6 guests. Resort Amenities
-Exclusive 500 feet of Gulf-front beach access, adjacent to miles of undeveloped shoreline for incredible sunset views.
-Huge sparkling pools, including a Gulf-front pool just steps from your door and a seasonally heated pool.
-Tennis, pickleball, and basketball courts, fitness center, and sauna.
-Secure gated community with 24hr security and beautifully maintained tropical grounds and easy beach access. Investment & Lifestyle
With a proven rental history averaging $34K annually, El Matador remains one of the most sought-after communities on Okaloosa Island offering unmatched amenities and timeless Gulf views. Location
Nestled at the quiet west end of Okaloosa Island, El Matador offers the best of both worlds with peaceful seclusion and close proximity to Destin, Fort Walton Beach, dining, and attractions. Enjoy endless coastal adventures and unbeatable sunsets over the pristine Gulf shoreline.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,927
Year Built
- Built in 1971
Lot Details
- Leasehold Lot
HOA Fees
- $900 Monthly HOA Fees
Parking
- Carport
Property Views
Home Design
- Membrane Roofing
- Concrete Siding
Interior Spaces
- 1,035 Sq Ft Home
- Furnished
- Window Treatments
- Living Room
- Tile Flooring
- Walk-In Pantry
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- 2 Full Bathrooms
- Primary Bathroom includes a Walk-In Shower
Outdoor Features
- Balcony
Schools
- Elliott Point Elementary School
- Bruner Middle School
- Fort Walton Beach High School
Utilities
- Central Air
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-24-0800-0168-0000
Community Details
Overview
- Association fees include accounting, ground keeping, internet service, management, security, sewer, water, cable TV, trash
- El Matador Condo Subdivision
- 6-Story Property
Amenities
- Community Barbecue Grill
- Picnic Area
- Recreation Room
- Laundry Facilities
- Elevator
Recreation
- Beach
- Fishing
Security
- Gated Community
Map
About El Matador
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,751 | $307,500 | -- | $307,500 |
| 2023 | $3,751 | $307,500 | $0 | $307,500 |
| 2022 | $3,483 | $287,500 | $0 | $287,500 |
| 2021 | $3,002 | $217,500 | $0 | $217,500 |
| 2020 | $2,682 | $202,500 | $0 | $202,500 |
| 2019 | $2,552 | $192,500 | $0 | $192,500 |
| 2018 | $2,338 | $167,500 | $0 | $0 |
| 2017 | $2,239 | $156,000 | $0 | $0 |
| 2016 | $2,001 | $142,500 | $0 | $0 |
| 2015 | $2,066 | $142,500 | $0 | $0 |
| 2014 | $2,010 | $138,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | Pending | -- | -- | -- |
| 11/05/2025 11/05/25 | For Sale | $399,000 | -- | $386 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
MLS Number: 988994
APN: 00-2S-24-0800-0168-0000
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