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909 Santa Rosa Blvd Unit 626, Fort Walton Beach, FL, 32548

0beds
1baths
480sqft
$219,900
$458price/sqft
$1,648/moest. monthly cost
$65,920/yrincome needed

About This Home

Back on Market at no fault of Sellers! Experience the best of the Emerald Coast from El Matador, 626, a top-floor studio located on the peaceful and quiet west end of Okaloosa Island. Positioned on the top floor, this studio hideaway is the perfect lock-up-and-leave vacation home or investment within one of the area's most established beachfront resorts. Inside, the bright open layout comfortably accommodates up to four guests. It includes a well-equipped kitchen, an inviting living space, and sliding glass doors that open onto a spacious covered balcony, extending the living area outdoors for dining and relaxing. The 11-foot ceilings and an accent wall enhance this beautiful retreat. It has newer ceramic tile flooring with quality epoxy grout, ensuring easy cleaning. The fully equipped kitchen has new stainless steel appliances, refaced cabinets, pantry storage, granite countertops and a beautiful tile backsplash. This well-maintained unit has many updates, including a new water heater and a replacement HVAC in 2022. One of the highlights of the property is the evening atmosphere around the resort grounds. The private balcony boasts beautiful sound view sunsets while relaxing and watching boats pass along the intracoastal, a peaceful setting that captures the charm of coastal living. El Matador is an 11-acre gated beachfront community known for its expansive grounds and resort-style amenities. The property borders the protected areas of the Gulf Islands National Seashore, providing a unique natural backdrop and ensuring the neighboring coastline remains preserved. Residents and guests enjoy private access to the sugar-white beaches with beach showers; two swimming pools (one heated); tennis/pickleball and basketball courts; a fitness center, sauna and hot tub; grilling and picnic areas; and 24-hour secure gated entry with onsite management. The condo is offered fully furnished and ready for immediate use, whether as a personal getaway or a short-term rental. Vacation demand on Okaloosa Island remains strong, making this property appealing for buyers seeking a turnkey beach investment. Conveniently located just minutes from the restaurants, marinas, and entertainment of Fort Walton Beach and Destin, the resort is also easily accessible from major southeastern cities. The Emerald Coast is a short drive from Nashville, Atlanta, Birmingham, and New Orleans, making it a favorite destination for both vacation homeowners and repeat visitors.

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

5/10
5/10

Construction

Condition

  • Property condition: Construction Complete,Renovated
  • Year built: 1971

Materials

  • Roof: Flat
  • Construction materials: Block,Concrete,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Water Heater
  • Laundry features: Common Area

Bathroom

  • Level: First
  • Area: 66
  • Dimensions: 12 x 5.5

Bedroom

  • Level: First
  • Area: 85
  • Dimensions: 10 x 8.5

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Breakfast Bar,Crown Molding,Recessed Lighting,Newly Painted,Pantry,Shelving
  • Window features: Window Treatments
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 480
  • Total interior livable area: 480 sqft

Kitchen

  • Level: First
  • Area: 90
  • Dimensions: 10 x 9

Living Room

  • Level: First
  • Area: 165
  • Dimensions: 15 x 11

Property

Details

  • Parcel number: 002S24080006260000
  • Special condition: Accept Backup Offers

Features

  • Exterior features: Balcony
  • Has view: Yes
  • View description: Intracoastal Waterwy,Sound
  • Has water view: Yes
  • Water view: Intracoastal Waterwy,Sound
  • On waterfront: Yes
  • Waterfront features: Gulf

Parking

  • Total spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Tornado
Tsunami

FEMA Declared Disasters in Okaloosa County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,111$13,332
Home Insurance *$103$1,236
Property Taxes $237$2,844
Electricity $197$2,366
Total$1,648$19,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,502/yr
40% on housing$49,440/yr
45% on housing$43,946/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$458This listing

vs Other Active Listings

Avg $/sqft

ZIP 32548$261
Okaloosa County$263

vs Homes Sold Last Month

Median $/sqft

ZIP 32548$220
Okaloosa County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-16Listing removed$2,500
2026-08-13Pending sale$219,900
2026-07-26Listed for rent$2,500
2026-07-18Price change$219,900
2026-06-02Listed for sale$224,900
2026-04-25Pending sale$224,900
2026-04-20Listing removed$5,677
2026-04-18Listed for rent$5,677
2026-04-02Listed for sale$224,900
2024-07-16Sold$191,700
2024-07-03Pending sale$229,000
2024-06-26Listed for sale$229,000
2024-06-18Listing removed--
2024-06-10Price change$229,900
2024-06-04Price change$240,000
2024-05-31Price change$244,500
2024-05-20Price change$249,500
2024-05-06Price change$260,000
2024-04-18Listed for sale$269,900
2024-04-15Listing removed--
2024-03-28Price change$278,000
2024-03-01Price change$283,000
2024-02-09Listed for sale$293,000
2009-08-08Listing removed$110,000
2009-05-14Listed for sale$110,000

For Sale by Agent

AgentSarah P Stone
BrokerageScenic Sotheby's International Realty

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