Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar, Kitchen Island, Recessed Lighting

  • Total Bedrooms

    1

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Concrete, Stucco, Frame

  • Other Exterior Features

    Outdoor Grill, Balcony, Outdoor Shower

  • Pool

    Yes

  • Pool Features

    Heated, In Ground

  • Waterfront YN

    YES

Area & Lot

  • Lot Features

    Waterfront

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    N/A

Price

  • Sales Price

    $430,000

  • Tax Amount

    $5,036

  • Sq. Footage

    819

  • Price/SqFt

    $525

HOA

  • Association

    YES

  • Association Fee

    $855

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Edwins

  • Middle School

    Bruner

  • High School

    Fort Walton Beach

Property Features

  • Stories

    7

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Okaloosa

Elementary School

Edwins

Middle School

Bruner

High School

Fort Walton Beach

Listing Courtesy of Martina Hart , Sugar Sands Realty

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Welcome to your dream beachfront escape.
Enjoy stunning Gulf-front views, white sandy beaches, aqua-blue surf, and unforgettable sunsets. This property features a spacious bedroom, convenient hall bunks, and two full bathrooms. The living area is designed to showcase sweeping beach views, with the occasional dolphin visible in the waves. Resort amenities include a seasonally heated Gulf-front pool, hot tub, fitness room, BBQ area, and private boardwalk beach access. Located at sought-after Pelican Isle, this rental-ready property offers an excellent beachfront investment opportunity.

866 Santa Rosa Boulevard 312

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Related Properties

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.
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1,035 Sq.Ft.

$380,000

MLS#: 1006143

Welcome to effortless gulf front living at this beautifully renovated 1 bedroom, 2 bath condo perfectly positioned directly gulfront in a low density complex on Okaloosa Island in Fort Walton Beach with a ROOF TOP pool! Whether you're searching for a turnkey vacation rental, second home, or personal beachfront escape, this fully furnished condo offers the ideal blend of style, comfort, and coastal charm. Inside, the unit has been extensively updated with luxury vinyl plank flooring throughout, smooth refinished ceilings, fresh interior paint, all new furnishings and decor, updated lighting, and a completely reconfigured kitchen featuring new cabinetry, quartz countertops, stainless appliances, and an updated sink and faucet. Both bathrooms have been thoughtfully renovated with new cabinetry, quartz counters, updated mirrors and lighting, while the guest bath now features a beautifully tiled walk-in shower with glass enclosure. New storm windows add additional value, and the interior laundry room is a convenient amenity for owners and guests alike. The spacious open living area is designed to maximize the stunning unobstructed Gulf views, while the oversized bedroom and queen sleeper sofa allow the condo to comfortably sleep four guests. Step outside and enjoy the best view on Okaloosa Island from the community's beautifully renovated rooftop pool, or relax on your private balcony with updated patio furniture and new balcony railings. Recent exterior and community improvements include exterior repainting, rooftop pool renovations, new roof, updated balcony handrails, and storm windows. Currently a professionally managed and well-performing vacation rental. HOA fees include water, sewer, trash, internet, and amenities.
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Experience the best of the Emerald Coast at this beautifully updated two-bedroom condo at SeaCrest on Okaloosa Island. Perfectly positioned on the second floor and closer to the beach, this inviting retreat combines comfort, style, and convenience in one of the building's most desirable locations. SeaCrest underwent a major exterior renovation in 2022, featuring all-new windows, sliding glass doors, and fresh exterior paint. Inside, the condo offers an effortlessly livable floor plan with sophisticated touches throughout, including bamboo flooring, an upgraded kitchen, updated furnishings and décor, a Google Nest thermostat, a new hot water heater installed in 2022, and a new refrigerator with an ice maker added in 2025. A standout feature of this property is the deeded covered parking spa ce -- a rare and highly sought-after benefit not available with all SeaCrest units. Residents and guests also enjoy an impressive array of amenities, including a sparkling indoor/outdoor swimming pool heated during the winter months, a fitness center, a BBQ area, ample parking, and, of course, the sugar-white sands and emerald waters just steps from your door.
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This wonderful beach side condo has a lovely  view of the water and is ready for you to start making vacation memories and you can also cash in on short term vacation rentals. Updated and beachy chic, open floor plan, and bunk room.  Multiple pools including a lazy river pool and a zero entry pool. Other great amenities include covered parking, fitness center, grills, boat slips, and more. Many fun restaurants and attractions in the area.
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Wake up to the water already in view and step straight into resort-style living from your private master balcony.

At Destin West 601, that experience defines every day.

This thoughtfully designed 1-bedroom plus bunk, 2-bath residence offers one of the most functional and guest-friendly layouts in the community, combining comfort, flexibility, and strong short-term rental potential. Fully furnished and turnkey, this condo is ready to enjoy personally or generate income immediately.

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Inside, the open-concept living space is designed for connection after a day at the beach or pool, with a smart layout that comfortably accommodates families and guests without sacrificing comfort or flow. Every detail supports ease of ownership, whether used as a second home or vacation rental.

 Beyond the residence itself, Destin West delivers one of the most complete resort experiences on the Emerald Coast. Owners and guests enjoy access to a 700-foot lazy river, multiple resort-style pools, hot tubs, fitness center, marina access, grilling areas, and a private skybridge connecting directly to the Gulf of America. This rare combination of bay-side relaxation and Gulf-side beach access creates a true destination experience where every day feels different without ever leaving the property.

Whether you're searching for a high-performing short-term rental, a second home that generates income, or a place where family vacations become tradition, Destin West 601 offers a unique balance of lifestyle and investment performance in one of the most in-demand resort communities on the Emerald Coast.

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New on site today
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New on site today
LOCATION just minutes to downtown and the Beach! Stylish Home 4 Bedrooms and 2 bathrooms with a Detached workshop 23X16 that is ready for your next project! Living Room has plenty of room to entertain. Kitchen features Quartz Countertops, Refrigerator, Bosch Dishwasher, Microwave, Stainless Steel Sink, and Garbage Disposal. Dining Area has SLIDING GLASS doors that lead out to the expansive Covered Deck measuring 23X14 great for entertaining Family and Friends! YARD has PRIVACY FENCE with a Double Gate and a Single on the other side.  **ROOF 2019, NEW HVAC 2025, WATER HEATER 2025. **PRE-INSPECTION has been done so home is READY TO GO!
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New on site today
Welcome to your coastal retreat on beautiful Okaloosa Island. Ideally located just 150 yards from the sugar-white sands and emerald waters of the Gulf, this beautifully renovated beachside home offers the perfect blend of coastal living, modern comfort, and investment potential. Enjoy easy access to Downtown Fort Walton Beach, Destin, waterfront dining, shopping, entertainment, boating, and some of the Emerald Coast's most sought-after beaches. Inside, you'll find a bright and inviting open-concept floor plan designed for effortless living and entertaining. Thoughtfully updated throughout, the home features oversized tile flooring, recessed lighting, custom plantation shutters, quartzite and luxury stylish finishes that create a fresh, relaxed atmosphere. The updated kitchen serves as the heart of the home, showcasing stainless steel appliances, sleek cabinetry, a classic subway tile backsplash, and an oversized island perfect for gathering with family and friends after a day at the beach. Spacious living areas provide plenty of room to relax and entertain, while the well-appointed bedrooms offer comfortable retreats filled with natural light. Every detail has been carefully considered to create a move-in-ready coastal escape. Step outside and embrace the island lifestyle. Spend your days walking to the beach, paddleboarding, fishing, boating, dining at local seafood restaurants, or simply enjoying breathtaking Gulf Coast sunsets. The generous lot provides abundant space for outdoor entertaining, future landscaping enhancements, additional parking, or boat and RV storage.
With two bedrooms and exceptional versatility, this property is ideal as a primary residence, second home, or income-producing long-term rental. Its prime location near the beach, combined with extensive renovations and flexible outdoor space, creates lasting value and broad appeal.
Opportunities to own this close to the beach are increasingly rare. Experience the charm, convenience, and relaxed coastal lifestyle that make Okaloosa Island one of Northwest Florida's most desirable destinations.
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407 Cobia Avenue

2 Beds

1 Baths

980 Sq.Ft.

$437,000

MLS#: 1003692

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