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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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909 Santa Rosa Boulevard Unit 162 , Fort Walton Beach, FL 32548
$380,000
Est. Payment: $2,099.45/mo
2 Bed
2 Bath
1035 Sqft
Status: Active | Days on site: 5
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Harrison Lilly Team
Owner/Operator

House Description

Some beach condos offer a Gulf view from the balcony. El Matador 162 welcomes you with the Gulf the moment you open the front door. 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.

Highlights

Listed by At The Beach Team , 850-654-3325 and Colton M Fiessinger , 270-210-1437 Keller Williams Realty Destin , 850-654-2900. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

1971

County

Okaloosa

Area

12 - Fort Walton Beach

Neighborhood

El Matador Condo

Listing ID

1006143

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:1
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
Air Cond:Central Air
Fireplaces:
Floor:Floor WW Carpet
Other:
  • ▪ Additional:Owner's Closet, Pantry

Exterior Features

Others:
  • ▪ Additional:Balcony
Sewer:Public Sewer
Principal Interest
$2,099
Taxes
$323
HOA
$0

Home Price

$380,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$76,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,099.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,099.45 $323.09 $0.00 $2,422.54
Yearly $25,193.34 $3,877.11 $0.00 $29,070.45
Total $755,800.30 $116,313.30 $0.00 $872,113.60

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Fort Walton Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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