Gulf-Front Getaway at El Matador Condo on Okaloosa Island! Wake up to sparkling direct Gulf views and unwind to breathtaking sunsets at this beautifully renovated 2-bedroom, 2-bath condo in an iconic resort on Okaloosa Island. Perfectly positioned for beach lovers and investors alike, this top 6th floor condo offers the ideal blend of personal retreat and proven short-term rental income, grossing an average of $34,000 per year. Come experience why guests return year after year to this top-floor Gulf-view condo at El Matador. Whether you're seeking a turnkey vacation rental or a family beach retreat, this condo delivers both relaxation and reliable revenue. Schedule your private showing today and start living the island lifestyle or keep the income flowing with a proven rental producer. Condo Highlights - Direct Gulf and pool views from the living area, private balcony, and primary bedroom! - Top-floor location with additional views of the Intracoastal Waterway. - Renovated interior featuring tile flooring throughout and updated finishes. - Spacious open layout ideal for entertaining or family getaways. - 2 bedrooms / 2 baths comfortably sleeping up to 6 guests. Resort Amenities - Exclusive 500 feet of Gulf-front beach access, adjacent to miles of undeveloped shoreline for incredible sunset views. - Huge sparkling pools, including a Gulf-front pool just steps from your door and a seasonally heated pool. - Tennis, pickleball, and basketball courts, fitness center, and sauna. - Secure gated community with 24hr security and beautifully maintained tropical grounds and easy beach access. Investment & Lifestyle With a proven rental history averaging $34K annually, El Matador remains one of the most sought-after communities on Okaloosa Island offering unmatched amenities and timeless Gulf views. Location Nestled at the quiet west end of Okaloosa Island, El Matador offers the best of both worlds with peaceful seclusion and close proximity to Destin, Fort Walton Beach, dining, and attractions. Enjoy endless coastal adventures and unbeatable sunsets over the pristine Gulf shoreline.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 14' x 11'
- Bedroom 1 Dimensions: 10' x 13.5'
- Primary Bedroom Level: First
- Bedroom 1 Level: First
Other Rooms
- Total Rooms: 6
- Full Bathroom Dimensions: 8' x 5'
- Full Bathroom Level: First
- Living Room Dimensions: 28.5' x 12.75'
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom Dimensions: 8.5' x 7.5'
- Primary Bathroom Level: First
Interior Features
- Owner's Closet
- Pantry
- Flooring: Floor Tile
- Window Features: Window Treatment All
Appliances
Heating and Cooling
- Cooling Features: Central Air
Kitchen and Dining
- Kitchen Dimensions: 12.5' x 8'
- Kitchen Level: First
Exterior and Lot Features
Pool and Spa
Waterfront and Water Access
Home Features
Homeowners Association
- Association: Yes
- Association Fee: 900
- Association Fee Frequency: Monthly
- Association Fee 2: 900
- Association Fee Includes: Accounting, Ground Keeping, Internet Service, Management, Security, Sewer, Water, Cable TV, Trash
- Calculated Total Monthly Association Fees: 900
School Information
- Elementary School: Elliott Point
- High School: Fort Walton Beach
- Middle School: Bruner
Amenities and Community Features
- Community Features: Pickle Ball, BBQ Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Fishing, Gated Community, Laundry, Leasehold, Picnic Area, Tennis, TV Cable, Waterfront
Other Property Info
- Annual Tax Amount: 3927
- Source Listing Status: Pending
- County: Okaloosa
- Directions: GPS Accurate. From Hwy 98 turn west onto Santa Rosa Blvd and follow until the end. Take last left turn and first right to enter El Matador property. Guard gate will direct you into the first building on the left. Take central elevator to the top floor (6) and take the right hallway. Unit is towards the end of the open hallway
- Tax Year: 2024
- Source Property Type: Residential
- Area: 12 - Fort Walton Beach
- Property Subtype: condo
- MLS Area Minor: 1201 - Okaloosa Island
- Source Neighborhood: EL MATADOR CONDO
- Parcel Number: 00-2S-24-0800-0168-0000
- Subdivision: EL MATADOR CONDO
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1035
- Year Built: 1971
- Building Area Source: County PA Records
- Building Area Total: 1035
- Construction Materials: Concrete, Block
- Property Age: 54
- Property Condition: Renovated, Construction Complete
- Levels or Stories: 1
- Building Total Stories: 6
- Total Area Sqft: 1035
Utilities
- Sewer: Public Sewer
- Electric
- Public Water
- TV Cable