$4,500,000

12200 Shoreview Dr Unit 210 Matlacha, FL 33993

Burnt Store Neighborhood

Estimated payment $26,260/month

Total Views 136
-- Bed
-- Bath
7,400 Sq Ft
$608 Price per Sq Ft

Highlights

  • Assigned Boat Slip
  • Fishing Pier
  • In Ground Pool
  • Cape Elementary School Rated A-
  • Boat Lift
  • Canal View

About This Home

An amazing opportunity to own a unicorn property with SO much potential and so many different options. Take advantage of this opportunity to build and expand upon current owner upgrades - this resort property is located in Matlacha, a renowned old Florida art and fishing village with easy access to Cape Coral, Pine Island and the multiple surrounding islands and also located directly on the Great Calusa Blueway - a 200 mile guided kayaking and paddling water trail. Matlacha is known for its Olde Florida community, tourism and some of the best fishing and boating right in your back yard, with endless views, a nature lover's paradise. Over 275 feet of water frontage, endless views, 5 boat slips (could be 6), magnificent potential and currently used as a short term vacation rental/hotel. Total Units: 13 units plus one office option(convertible to a 3rd bedroom in Unit 2 of the quad)and mirrors the 3-bedroom layout in Unit 3. Two buildings - Two-story building: 9 units (2× 2BR, 6× 1BR, 1 hotel room currently used as laundry), Single-story building: 1× 3BR, 1× 2BR, 2 studios, Square Footage: 7,400 SF (4,650 SF + 2,750 SF), Land: 1 Acre, direct waterfront, Zoning: multi-family / hotel. This was fully renovated in 2025 and is in spectacular condition - attention to detail in all upgrades and this entire property and each unit is spacious, with upscale decor and furnishings. Investment Highlights Asking Price: $4,500,000 / Projected NOI (Year 1): $311,500 (Financial Overview and Proformas available upon request / Pro Forma Cap Rate: 6.9 percent / Revenue Potential: $550,000+ annually at 70 percent occupancy / ADR Growth: $180 - $210 projected over 5 years / Expansion Potential: Opportunity to add RV spots or tiny homes in the gravel area along the canal / convert laundry/office space to additional guest accommodations or amenities. Potential additional revenue streams include event hosting, day passes, boutique retail store, kayak rentals, bike rentals, jet ski rentals - please contact your Agent for additional detailed floor plans, unit information and financials. All the work has been done and ready for a new owner!

Last Listed By

Char Seuffert

RE/MAX SUNSHINE License #3323327 Listed on: 06/02/2025

RE/MAX SUNSHINE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,985

Year Built

  • Built in 1981

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x145
  • Property fronts a saltwater canal

Home Design

  • Shingle Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,400 Sq Ft Home
  • Canal Views
  • Laundry Room

Outdoor Features

  • In Ground Pool
  • Fishing Pier
  • Access to Saltwater Canal
  • First Come-First Served Dock
  • Boat Lift
  • Assigned Boat Slip
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 13 Units
  • Matlacha Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 18 / 1
  • Assessor Parcel Number 13-44-22-01-00001.0180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,985

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 7400
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1981
  • Lot Size Sq Ft: 14898
  • Directions to Property: Located in Matlacha, a renowned Old Florida art & fishing village Surrounded by dining, kayaking, boutique shopping, and art galleries Strong tourism, boating, and seasonal rental demand Easy Road and boat access to Cape Coral, Pine Island
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 585561387
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 608.11
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_DockYN: 1
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Appliances Included: Other
  • Foundation Details: Concrete Perimeter
  • Spa Yn: No
  • Street Number Modifier: 12200
  • Living Area Meters: 687.48

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Canal - Saltwater
  • Water Extras: Assigned Boat Slip,Fishing Pier,Lift
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RM-2
  • Parcel Number: 13-44-22-01-00001.0180
  • Additional Parcels: No
  • Lot Dimensions: 100x145
  • Flood Zone Code: A
  • Lot Size Square Meters: 1384

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 13
  • Waterfront Features: Canal - Saltwater
  • Total Num Buildings: 2
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 11985.29
  • Tax Block: 1
  • Tax Book Number: 10-29
  • Tax Lot: 18

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $4,500,000 -- $608 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: A4654649

Stellar MLS

Florida Lee County Matlacha 33993 Burnt Store

12200 Shoreview Dr Unit 210, Matlacha, FL

This home is located at 12200 Shoreview Dr Unit 210, Matlacha, FL 33993 and is currently priced at $4,500,000, approximately $608 per square foot. This property was built in 1981. 12200 Shoreview Dr Unit 210 is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and J. Colin English Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for 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 deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Char Seuffert
Listing Agent
Char Seuffert
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RE/MAX SUNSHINE
(239) 396-3570