909 Santa Rosa BLVD #UNIT 162 Fort Walton Beach, FL 32548
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,035 sqft
Price per Sqft $367
Subdivision El Matador Condo
MLS Listing ID 1006143
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Fees $909/mo
HOA Y/N Yes
Year Built 1971
Annual Tax Amount $3,877
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 1035
Property Description
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.
Location
State FL
County Okaloosa
Community 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
Area 12 - Fort Walton Beach
Direction Turn South on Santa Rosa Blvd, take road all the way down, turn south and stop at guard shack.
Rooms
Primary Bedroom Level Main
Master Bedroom true
Interior
Interior Features Owner's Closet, Pantry
Heating Central
Cooling Central Air
Flooring Floor WW Carpet
Furnishings Furnished - All
Window Features Window Treatment All
Appliance Dishwasher, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
Exterior
Exterior Feature Balcony, Balcony
Pool Pool Type
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
Utilities Available Electric, Public Water, TV Cable
View Gulf
Garage No
Building
Faces Turn South on Santa Rosa Blvd, take road all the way down, turn south and stop at guard shack.
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Elliott Point
Middle Schools Bruner
High Schools Fort Walton Beach
Others
Pets Allowed No
HOA Fee Include Accounting, Insurance, Internet Service, Legal, Management, Sewer, TV Cable, Trash, Water
Tax ID 00-2S-24-0800-0162-0000
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION