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4741/4743 Pine Island RD NW Matlacha, FL 33993
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Key Details
Sold Price $550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,896 sqft
Price per Sqft $189
Subdivision Crows 1St Plat Of Matlacha
MLS Listing ID 225062207
Style Resale Property
Bedrooms 3
Full Baths 3
Half Baths 1
Year Built 1980
Annual Tax Amount $6,231
Tax Year 2024
Lot Size 10,149 Sqft
Property Sub-Type Single Family Residence
Property Description
An incredible waterfront investment opportunity awaits in the heart of historic Matlacha — offering direct sailboat-access bay frontage, a private boat ramp, and a waterfront courtyard with a fully functional pool as the centerpiece of this one-of-a-kind property. Situated right on the water in one of Florida's most colorful and charming coastal communities, this property is perfect for the investor ready to bring their vision to life while capitalizing on its rare location and income potential.
The main home, currently operating as an Airbnb, has been renovated and offers a welcoming 1 bedroom, 1.5 bath layout with an open kitchen, light-filled living and dining areas, and serene water views. Two additional cottages — a 2 bedroom, 2 bath and a 1 bedroom, 1 bath — open directly to the pool and courtyard, each waiting to be restored and transformed into profitable rental units.
The property's private boat ramp gives you easy access to open Gulf waters with no bridges, perfect for boaters and fishing enthusiasts. The southeast-facing backyard and pool area allow you to soak in breathtaking sunrises over the bay and enjoy tranquil evenings by the water.
Just outside your door, you'll find the vibrant energy of Matlacha's historic district — walk to Blue Dog Bar & Grill, Bert's Bar, Olde Fish House Marina, and Island Seafood Market, or explore the area's eclectic shops and art galleries.
Sold as-is and cash-only, this property combines current rental income from the main house with the opportunity to unlock even more value through renovation of the cottages. Rarely does such a prime waterfront property with direct Gulf access and endless potential come to market in Matlacha. Bring your creativity and contractor — and make this waterfront retreat your next successful investment.
Location
State FL
County Lee
Community Boating
Area Crows 1St Plat Of Matlacha
Zoning C-1
Rooms
Dining Room Breakfast Bar, Dining - Living
Interior
Heating Central Electric
Flooring Laminate, Tile, Wood
Equipment Cooktop - Electric, Disposal, Double Oven, Dryer, Refrigerator, Washer, Washer/Dryer Hookup
Exterior
Exterior Feature Boat Ramp, Courtyard
Pool Below Ground, Concrete
Amenities Available None
Waterfront Description Bay
View Y/N Yes
View Bay
Roof Type Roof Over,Tile
Building
Lot Description Oversize
Story 1
Water Central
Structure Type Concrete Block,Wood Frame,Stucco
New Construction No
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Bought with Elite Florida Realty Inc
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