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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 11/5/2025 |
|---|---|---|---|
| TRACT | EL MATADOR CONDO | YEAR BUILT | 1971 |
| COMMUNITY | 12 - Fort Walton Beach | COUNTY | Okaloosa |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Elliott Point |
|---|---|
| Jr. High School | Bruner |
| High School | Fort Walton Beach |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 12 - Fort Walton Beach |
| CONSTRUCTION | Block |
| EXTERIOR | Balcony |
| HOA DUES | 900 |
| INTERIOR | Elevator, Pantry |
| LOT | 0 |
| POOL DESCRIPTION | Outdoor Pool |
| SEWER | Public Sewer |
| STYLE | N/A |
| SUBDIVISION | EL MATADOR CONDO |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Waterfront |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but is not guaranteed.
All listings are provided courtesy of the Emerald Coast Association of Realtors
© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
All listings are provided courtesy of the Emerald Coast Association of Realtors
© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
This IDX solution is (c) Diverse Solutions 2025.