Welcome to effortless coastal living with stunning water views from the 5th floor. This beautifully updated condo offers a front-row seat to breathtaking sunsets, with a private balcony overlooking the serene sound - perfect for relaxing and watching boats pass by. Set within a well-maintained 13-acre beachfront community, residents enjoy an exceptional range of amenities including two pools (one heated and one beachfront), a full fitness center, sauna, spa, tennis courts, gazebo, 24-hour security, and community spaces for gatherings, along with a variety of activities. The unit has been thoughtfully renovated in 2025 with stylish, modern upgrades throughout, including a brand-new kitchen with granite countertops, all new appliances, Lifeproof flooring, updated lighting, and new doors. Both bathrooms feature new vanities with granite tops and upgraded fixtures. Additional improvements include a new water heater, all new furniture, and updated window treatments with blinds and curtains. A perfect blend of comfort, style, and coastal charm. Welcome to your own piece of paradise!
For sale
$449,900
909 Santa Rosa Blvd Unit 551, Fort Walton Beach, FL 32548
2beds
1,035sqft
Condominium
Built in 1971
-- sqft lot
$430,100 Zestimate®
$435/sqft
$-- HOA
What's special
Stylish modern upgrades throughoutTennis courtsUpdated lightingNew water heaterNew doorsLifeproof flooringAll new furniture
- 84 days |
- 73 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Joe J Capelotti 850-244-2100,
Coastal Realty Services
Source: ECAOR,MLS#: 999437
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Fifth
- Area: 168 Square Feet
- Dimensions: 14 x 12
Bedroom
- Level: Fifth
- Area: 132 Square Feet
- Dimensions: 12 x 11
Dining room
- Description: Dining/Living Combo
- Level: Fifth
- Area: 338 Square Feet
- Dimensions: 26 x 13
Kitchen
- Level: Fifth
- Area: 104 Square Feet
- Dimensions: 13 x 8
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Water Heater
- Laundry: Common Area
Features
- Breakfast Bar, Pantry, Woodwork Painted
- Flooring: Tile, Vinyl, Carpet
- Windows: Window Treatments
Interior area
- Total structure area: 1,035
- Total interior livable area: 1,035 sqft
Video & virtual tour
Property
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Sound, Water
- Has water view: Yes
- Water view: Sound,Water
Lot
- Features: Interior Lot, Level, Within 1/2 Mile to Water
Details
- Parcel number: 002S24080005510000
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete, Stucco
- Foundation: Slab
- Roof: Composition
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, Game Room, Pavillion/Gazebo, Picnic Area, Pool, Sauna/Steam Room, Separate Storage, TV Cable, Tennis Court(s), Waterfront, Whirlpool, Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: EL MATADOR CONDO
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Recreational Faclty, Security, Sewer, Cable TV, Trash, Water, Internet
Location
- Region: Fort Walton Beach
Financial & listing details
- Price per square foot: $435/sqft
- Tax assessed value: $346,000
- Annual tax amount: $4,031
- Date on market: 4/13/2026
- Road surface type: Paved
Estimated market value
$430,100
$409,000 - $452,000
$6,748/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listing removed | $6,792$7/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/18/2026 | Listed for rent | $6,792+352.8%$7/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/13/2026 | Listed for sale | $449,900+68.2%$435/sqft |
Source: | ||
| 8/30/2024 | Sold | $267,500-10.8%$258/sqft |
Source: | ||
| 8/16/2024 | Pending sale | $299,900$290/sqft |
Source: | ||
| 8/12/2024 | Price change | $299,900-7.7%$290/sqft |
Source: | ||
| 7/29/2024 | Price change | $325,000-5.8%$314/sqft |
Source: | ||
| 7/22/2024 | Price change | $345,000-1.1%$333/sqft |
Source: | ||
| 7/2/2024 | Price change | $349,000-6.9%$337/sqft |
Source: | ||
| 6/2/2024 | Listed for sale | $375,000$362/sqft |
Source: | ||
| 4/25/2020 | Listing removed | $1,500$1/sqft |
Source: Dream Team Realty of NW Florida LLC #841125 Report a problem | ||
| 2/25/2020 | Listed for rent | $1,500$1/sqft |
Source: Dream Team Realty of NW Florida LLC #841125 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,031 +4.2% | $276,364 -20.1% |
| 2023 | $3,868 +10.5% | $346,000 +13.1% |
| 2022 | $3,501 +15.4% | $306,000 +29.7% |
| 2021 | $3,034 +17.9% | $236,000 +17.4% |
| 2020 | $2,574 +3.8% | $201,000 +2.6% |
| 2019 | $2,480 +13.9% | $196,000 +25.6% |
| 2018 | $2,177 | $156,000 +2.6% |
| 2017 | $2,177 -0.2% | $152,000 +9.4% |
| 2016 | $2,182 +11.8% | $139,000 |
| 2015 | $1,952 -3.1% | $139,000 +3.3% |
| 2014 | $2,015 | $134,500 +5.1% |
| 2013 | -- | $128,000 +6.7% |
| 2012 | -- | $120,000 -2.4% |
| 2011 | -- | $123,000 -8.9% |
| 2010 | -- | $135,000 -22.9% |
| 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 +4.9% |
| 2002 | -- | $114,400 +2% |
| 2001 | -- | $112,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
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: 1.3 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 551
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