$400,000
$125K PRICE DROP

2566 2nd St Matlacha, FL 33993

Estimated payment $2,614/month

Total Views 3,847
2 Beds
2 Baths
1,080 Sq Ft
$370 Price per Sq Ft

Highlights

  • Boat Ramp
  • Waterfront
  • Florida Architecture
  • Cape Coral High School Rated A-
  • Canal Access
  • Shutters

About This Home

This incredible, gulf access, income producing duplex is just steps away from the heart of Matlacha. Currently one side has an annual tenant and the other is rented as a popular vacation rental. This stunning property features 2 units each with 1 bedroom, 1 bath, equipped with new stainless steel appliances, and beautiful tile flooring throughout. With its prime location, this income-producing gem is a popular choice on Airbnb, making it a fantastic investment opportunity. Matlacha is known for its artsy island vibe, with vibrant shops, galleries, and delicious restaurants just steps away. Enjoy the convenience of having your own private dock and access to the community boat ramp, perfect for exploring the local waters or heading out into the Gulf of Mexico. Whether you're looking for a peaceful retreat or a bustling vacation rental, this duplex has it all. Don't miss out on the chance to own a piece of paradise in this unique and sought-after destination. Live the island life you've always dreamed of in this picture-perfect Matlacha duplex with proven income results!The entire duplex was mitigated and updated in 2024. Side A has all concrete or Durarock walls making it flood resistant. Side B has water proof hardy board walls from 4’ down. Both sides have been freshly painted and have brand new stainless appliances.

Last Listed By

Stephen Longest

Coldwell Banker Realty License #258027486 Listed on: 09/01/2024

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,549

Year Built

  • Built in 1948

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 50 x 115 x 50 x 114
  • Waterfront
  • Rectangular Lot

Home Design

  • Duplex
  • Florida Architecture
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,080 Sq Ft Home
  • Shutters
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Canal Access

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number 24-44-22-03-00004.0010

Community Details

Overview

  • 2 Units
  • Crows 2Nd Plat Of Matlacha Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,549

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.131
  • Lot Size: 50 x 115 x 50 x 114
  • Subdivision Name: CROWS 2ND PLAT OF MATLACHA
  • Directions: Pine Island Rd West to Matlacha Ave. Home is on corner of Matlacha Ave and 2nd St.
  • Architectural Style: Florida
  • Structure Type: Duplex
  • Year Built: 1948
  • Property Sub Type Additional: Duplex
  • Pets No Pets Comments: ,,,
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: High Speed Internet
  • Window Features: Single Hung, Shutters

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Shopping
  • Amenities: Boat Dock, Boat Ramp, Pier, Park, Restaurant, See Remarks
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 24-44-22-03-00004.0010
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Grounds Care, Internet, Janitorial Service

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4549.3
  • Tax Block: 4
  • Tax Lot: 1
  • Tax Year: 2023

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,942 $289,345 -- --
2023 $4,549 $263,041 $0 $0
2022 $4,536 $239,128 $0 $0
2021 $3,887 $217,389 $101,838 $115,551
2020 $3,911 $217,218 $97,750 $119,468
2019 $3,866 $211,565 $97,750 $113,815
2018 $3,803 $211,562 $97,750 $113,812
2017 $3,531 $187,345 $97,750 $89,595
2016 $3,241 $164,652 $100,470 $64,182
2015 $2,681 $146,904 $100,143 $46,761
2014 -- $114,701 $98,517 $16,184
2013 -- $119,904 $86,579 $33,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Price Changed $400,000 -11.1% $370 / Sq Ft
04/02/2025 04/02/25 Price Changed $450,000 -5.3% $417 / Sq Ft
04/01/2025 04/01/25 For Sale $475,000 0.0% $440 / Sq Ft
03/31/2025 03/31/25 Off Market $475,000 -- --
03/12/2025 03/12/25 For Sale $475,000 0.0% $440 / Sq Ft
03/10/2025 03/10/25 Off Market $475,000 -- --
01/01/2025 01/01/25 Price Changed $475,000 +5.6% $440 / Sq Ft
10/12/2024 10/12/24 Price Changed $450,000 -14.3% $417 / Sq Ft
09/01/2024 09/01/24 For Sale $525,000 0.0% $486 / Sq Ft
05/21/2017 05/21/17 For Rent -- -- --
05/21/2017 05/21/17 Rented -- -- --
08/14/2015 08/14/15 Sold $236,000 -1.3% $186 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
11/07/2014 11/07/14 For Sale $239,000 -- $188 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $236,000 Attorney
Warranty Deed -- --
Warranty Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $142,000 Commercial
Previous Owner $80,000 Commercial
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224071831

Florida Gulf Coast Multiple Listing Service

APN: 24-44-22-03-00004.0010