Gulf Front 4th floor unit in the highly coveted building #3 at El Matador! Well maintaned & nicely decorated 2-bedroom, 2-bathroom condo with beautiful gulf views and directly overlooking the gulf front pool. Offered fully furnished and completely rental-ready, this turnkey property generated $42,477 in 2025 rental income - even with heavy owner usage.
Located on the quiet western end of Okaloosa Island, the El Matador Complex spans over 12 acres directly on the Gulf. Owners and guests enjoy unmatched resort amenities including: Direct beach access, Two swimming pools (one seasonally heated), Relaxing indoor whirlpool & sauna, Tennis & pickleball courts, Basketball court & fitness center, and 24-hour gated security for peace of mind.
Great for use as an investment property, a vacation home, or a permanent residence.
For sale
$498,000
909 Santa Rosa Blvd Unit 346, Fort Walton Beach, FL 32548
2beds
1,035sqft
Condominium
Built in 1971
-- sqft lot
$476,600 Zestimate®
$481/sqft
$-- HOA
What's special
Direct beach accessBeautiful gulf viewsTennis and pickleball courtsOffered fully furnished
- 11 hours |
- 125 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Dave Talbert 850-585-0840,
First Gulf Realty LLC
Source: ECAOR,MLS#: 1007204
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 155.25 Square Feet
- Dimensions: 13.5 x 11.5
Bedroom
- Level: First
- Area: 120.75 Square Feet
- Dimensions: 11.5 x 10.5
Primary bathroom
- Level: First
Bathroom
- Level: First
Dining room
- Level: First
- Area: 143.75 Square Feet
- Dimensions: 12.5 x 11.5
Kitchen
- Level: First
- Area: 117 Square Feet
- Dimensions: 13 x 9
Living room
- Level: First
- Area: 181.25 Square Feet
- Dimensions: 14.5 x 12.5
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Water Heater
- Laundry: Common Area
Features
- Breakfast Bar
- Flooring: Tile
- Windows: Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 1,035
- Total interior livable area: 1,035 sqft
Property
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Details
- Parcel number: 002S24080003460000
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete, Stucco
- Roof: Flat
Condition
- Construction Complete
- New construction: No
- Year built: 1971
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Fitness Center, Fishing, Gated, Pavillion/Gazebo, Pool, Sauna/Steam Room, TV Cable, Tennis Court(s), Waterfront, Whirlpool, Pickleball, Short Term Rental - Allowed
- Subdivision: EL MATADOR CONDO
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Management, Recreational Faclty, Security, Sewer, Cable TV, Trash, Water, Internet
Location
- Region: Fort Walton Beach
Financial & listing details
- Price per square foot: $481/sqft
- Tax assessed value: $378,000
- Annual tax amount: $4,810
- Date on market: 7/8/2026
Estimated market value
$476,600
$453,000 - $500,000
$4,314/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $498,000+3.8%$481/sqft |
Source:  ECAOR #1007204 Report a problem | ||
| 4/20/2026 | Listing removed | $9,642$9/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/18/2026 | Listed for rent | $9,642$9/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/10/2023 | Sold | $480,000-4%$464/sqft |
Source: Public Record Report a problem | ||
| 4/3/2023 | Pending sale | $500,000$483/sqft |
Source: ECAOR #913458 Report a problem | ||
| 2/7/2023 | Price change | $500,000-4.8%$483/sqft |
Source: ECAOR #913458 Report a problem | ||
| 12/15/2022 | Listed for sale | $525,000+138.6%$507/sqft |
Source: ECAOR #913458 Report a problem | ||
| 5/19/2014 | Listing removed | $220,000$213/sqft |
Source: El Matador Management Company #704101 Report a problem | ||
| 4/26/2014 | Listed for sale | $220,000+144.4%$213/sqft |
Source: El Matador Management Company #704101 Report a problem | ||
| 10/15/2002 | Sold | $90,000$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,001 +5.1% | $378,000 |
| 2023 | $4,759 +11.3% | $378,000 +15.2% |
| 2022 | $4,275 +9.5% | $328,000 +15.9% |
| 2021 | $3,906 +10% | $283,000 +5.6% |
| 2020 | $3,550 +0.7% | $268,000 +1.9% |
| 2019 | $3,524 +6.2% | $263,000 +8.2% |
| 2018 | $3,319 | $243,000 +6.8% |
| 2017 | $3,319 +5.5% | $227,500 +17.9% |
| 2016 | $3,147 +16.1% | $193,000 |
| 2015 | $2,710 -3.1% | $193,000 +3.2% |
| 2014 | $2,798 | $187,000 +5.1% |
| 2013 | -- | $178,000 +12.7% |
| 2012 | -- | $158,000 -1.9% |
| 2011 | -- | $161,000 -7.5% |
| 2010 | -- | $174,000 -23.7% |
| 2009 | -- | $228,000 -11.6% |
| 2008 | -- | $258,000 -7.9% |
| 2007 | -- | $280,000 -14.4% |
| 2006 | -- | $327,000 +14.7% |
| 2005 | -- | $285,000 +76.5% |
| 2004 | -- | $161,500 |
| 2003 | -- | $161,500 +7.7% |
| 2002 | -- | $150,000 +2% |
| 2001 | -- | $147,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Okaloosa Island
Nearby schools
GreatSchools rating
- 5/10Elliott Point Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 7/10Max Bruner Junior Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Elliott Point
- Middle: Bruner
- High: Fort Walton Beach
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Okaloosa County
- Fort Walton Beach
- 32548
- Okaloosa Island
- 909 Santa Rosa Blvd Unit 346
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