Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
1971
Sq.Footage
1,035
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.
Features & Amenities
Interior
-
Other Interior Features
Breakfast Bar
-
Total Bedrooms
2
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Concrete, Stucco
-
Other Exterior Features
Balcony
-
Pool
Yes
-
Pool Features
Community
-
Waterfront YN
YES
Area & Lot
-
Lot Features
Waterfront
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
N/A
Price
-
Sales Price
$498,000
-
Tax Amount
$4,810.47
-
Sq. Footage
1,035
-
Price/SqFt
$481
HOA
-
Association
YES
-
Association Fee
$909
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
Elliott Point
-
Middle School
Bruner
-
High School
Fort Walton Beach
Property Features
-
Stories
6
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Okaloosa
Elementary School
Elliott Point
Middle School
Bruner
High School
Fort Walton Beach
Listing Courtesy of Dave Talbert , First Gulf Realty LLC
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Broker Associate
Karen Holder
Call Karen today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.