Experience the best of the Emerald Coast from El Matador #513, a beautifully updated first-floor studio located on the peaceful west end of Okaloosa Island. Tucked away in one of the area’s most established beachfront resorts, this unit offers the perfect combination of personal getaway and income-producing investment. Inside, the bright and open layout comfortably accommodates up to four guests and features newer LVP flooring in the Kitchen Living and Dining areas and ceramic tile in the bedrooms and bathrooms. The updated kitchen is well-appointed with stainless steel appliances, granite countertops, newer cabinetry, pantry storage, and a stylish tile backsplash. The inviting living area flows seamlessly to sliding glass doors that open onto a spacious private patio—ideal for outdoor dining and relaxing after a day at the beach. Offered fully furnished and turnkey, this well-maintained unit is currently used as a short-term rental and is booked for a large portion of the year already. With strong vacation demand on Okaloosa Island, it presents an excellent opportunity for buyers seeking a low-maintenance coastal investment. El Matador is an 11-acre gated beachfront community bordering the pristine Gulf Islands National Seashore, providing a rare natural backdrop and preserved coastline. Residents and guests enjoy private beach access, two swimming pools (one heated), tennis, pickleball and basketball courts, fitness center, sauna, hot tub, grilling and picnic areas, and 24-hour gated security with onsite management. Conveniently located just minutes from dining, marinas, and entertainment in Fort Walton Beach and Destin—and within driving distance of major southeastern cities—this is coastal living at its finest. Its Also Conveniently located just 15–20 minutes from Destin–Fort Walton Beach Airport (VPS) and Approx 45 Minutes to Pensacola International Airport.
For sale
$359,000
909 Santa Rosa Blvd Unit 513, Fort Walton Beach, FL 32548
2beds
1,035sqft
Condominium
Built in 1971
-- sqft lot
$-- Zestimate®
$347/sqft
$900/mo HOA
What's special
Private beach accessSpacious private patioBeautifully updated first-floor studioGranite countertopsGrilling and picnic areasBright and open layoutUpdated kitchen
- 76 days |
- 682 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
Damon Hitt 850-255-9163,
Ridings Realty Gulf coast
Source: PAR,MLS#: 681448
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 168
- Dimensions: 14 x 12
Bedroom
- Level: First
- Area: 132
- Dimensions: 12 x 11
Living room
- Level: First
- Area: 204
- Dimensions: 17 x 12
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal
Features
- Ceiling Fan(s)
- Flooring: Tile
- Windows: Blinds
- Has basement: No
Interior area
- Total structure area: 1,035
- Total interior livable area: 1,035 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Levels: 8 or More Story
- Patio & porch: Patio
- Pool features: None, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf, Water
- Waterfront features: Gulf, Waterfront, Deed Access, Beach, Waterfront Deed Access
Lot
- Size: 10.98 Acres
Details
- Parcel number: 002s24080005130000
- Zoning description: Res Single
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Block
- Foundation: Slab
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 1971
Utilities & green energy
- Electric: Copper Wiring
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: Community Room, Elevator, Fitness Center, Fishing, Game Room, Gated, Pavilion/Gazebo, Picnic Area, Sauna, Security/Safety Patrol, Steam Room, Tennis Court(s)
- Security: Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: Yes
- Services included: Association, Cable TV, Maintenance Grounds, Insurance, Maintenance, Management, Pest Control, Recreation Facility, Trash, Water/Sewer
- HOA fee: $10,800 annually
Location
- Region: Fort Walton Beach
Financial & listing details
- Price per square foot: $347/sqft
- Tax assessed value: $275,000
- Annual tax amount: $3,433
- Price range: $359K - $359K
- Date on market: 4/23/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Listed for sale | $359,000-10.3%$347/sqft |
Source: | ||
| 1/7/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/5/2026 | Pending sale | $400,000$386/sqft |
Source: Owner Report a problem | ||
| 1/5/2026 | Listed for sale | $400,000+14.6%$386/sqft |
Source: Owner Report a problem | ||
| 9/6/2024 | Listing removed | $349,000$337/sqft |
Source: | ||
| 7/24/2024 | Price change | $349,000-6.7%$337/sqft |
Source: | ||
| 6/9/2024 | Price change | $374,000-1.3%$361/sqft |
Source: | ||
| 2/16/2024 | Price change | $379,000-5%$366/sqft |
Source: | ||
| 9/14/2023 | Listed for sale | $399,000+197.8%$386/sqft |
Source: | ||
| 8/5/2011 | Listing removed | $134,000$129/sqft |
Source: Keller Williams Realty- Emerald Coast #522864 Report a problem | ||
| 7/20/2011 | Price change | $134,000-10%$129/sqft |
Source: Keller Williams Realty- Emerald Coast #522864 Report a problem | ||
| 3/3/2011 | Price change | $148,900-0.1%$144/sqft |
Source: Keller Williams Realty- Emerald Coast #522864 Report a problem | ||
| 10/24/2010 | Listed for sale | $149,000$144/sqft |
Source: Keller Williams Realty- Emerald Coast #522864 Report a problem | ||
| 8/14/2010 | Listing removed | $149,000$144/sqft |
Source: Keller Williams Emerald Coast Realty #522864 Report a problem | ||
| 7/12/2010 | Price change | $149,000-6.3%$144/sqft |
Source: Keller Williams Emerald Coast Realty #522864 Report a problem | ||
| 5/2/2010 | Price change | $159,000-6.5%$154/sqft |
Source: Keller Williams Realty- Emerald Coast #522864 Report a problem | ||
| 11/25/2009 | Price change | $170,000-10.5%$164/sqft |
Source: Keller Williams Realty- Emerald Coast #522864 Report a problem | ||
| 10/25/2009 | Price change | $189,900-5%$183/sqft |
Source: Jeffery Adamson #522864 Report a problem | ||
| 8/30/2009 | Price change | $199,900-9.1%$193/sqft |
Source: Jeffery Adamson #522864 Report a problem | ||
| 8/8/2009 | Listed for sale | $219,900$212/sqft |
Source: Jeffery Adamson #522864 Report a problem | ||
| 3/13/2009 | Listing removed | $219,900$212/sqft |
Source: Postlets #479957 Report a problem | ||
| 12/21/2008 | Listed for sale | $219,900$212/sqft |
Source: Postlets #479957 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,433 +4.6% | $248,897 -9.5% |
| 2023 | $3,283 +7.1% | $275,000 +5.8% |
| 2022 | $3,067 +10.4% | $260,000 +18.2% |
| 2021 | $2,777 +23.3% | $220,000 +29.4% |
| 2020 | $2,252 +0.6% | $170,000 +3% |
| 2019 | $2,239 +7% | $165,000 +10% |
| 2018 | $2,093 | $150,000 +5.6% |
| 2017 | $2,093 +2.7% | $142,000 +10.1% |
| 2016 | $2,037 +12.5% | $129,000 |
| 2015 | $1,812 -3.1% | $129,000 +3.2% |
| 2014 | $1,870 | $125,000 +5% |
| 2013 | -- | $119,000 +8.2% |
| 2012 | -- | $110,000 -6.8% |
| 2011 | -- | $118,000 -8.5% |
| 2010 | -- | $129,000 -26.3% |
| 2009 | -- | $175,000 -7.9% |
| 2008 | -- | $190,000 -15.2% |
| 2007 | -- | $224,000 -13.2% |
| 2006 | -- | $258,000 +24.6% |
| 2005 | -- | $207,000 +72.5% |
| 2004 | -- | $120,000 |
| 2003 | -- | $120,000 +5.3% |
| 2002 | -- | $114,000 +1.8% |
| 2001 | -- | $112,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 2.5 mi
- 7/10Max Bruner Junior Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Local School In County
- Middle: LOCAL SCHOOL IN COUNTY
- High: Local School In County
Source: PAR. 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 513
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