NOT LISTED FOR SALE

2598 Second St Matlacha, FL 33993

4 Beds
3 Baths
2,444 Sq Ft
3,485 Sq Ft Lot

Last Sold July 13, 2021

Last sale price $349,123 $143 Per Sq Ft

11 Days on Market

Highlights

  • Boat Dock
  • Waterfront
  • Deck
  • Cape Coral High School Rated A-
  • Canal Access
  • Cooling System Powered By Gas

About This Home

As of July 2021

Do you want to live the Matlacha fishing lifestyle? How about having a unique Matlacha rental income opportunity? How about having both? This is the perfect income property where you can have that Matlacha weekend getaway home while living in a quaint, upstairs, 2 bedroom apartment with a huge 2nd story deck overlooking the direct access canal, all while having two separate income producing efficiency apartment rentals downstairs? Sound perfect? Then, this is the property for you.

Just picture being able to jump in your kayak or boat and get to the Pine Island Sound or Gulf to do some world-class fishing in just minutes, right from you back yard! You can do what so many others are doing and enjoy that perfect, magical Matlacha weekend while also having 2 additional units of income at the same time!

Currently, there are long-time tenants in all three units and each would like to stay but are on month-to-month leases. Original appliances and furnishings. All units are habitable with some light cosmetic work done but will require more to taste. There’s not many of these units that have been available. So act fast. This unique opportunity won’t last long.

Last Agent to Sell the Property

Chris Terrasi

Premiere Plus Realty Company License #258019927 Listed on: 06/01/2021

Premiere Plus Realty Company

Co-Listed By

J.P. Terrasi

Premiere Plus Realty Company License #258028141

Last Buyer's Agent

Chris Terrasi

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,328

Year Built

  • Built in 1950

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50 x 71 x 50 x 71
  • Waterfront
  • Rectangular Lot

Home Design

  • Triplex
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,444 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Single Hung Windows
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Canal Access
  • Deck
  • Outdoor Storage

Utilities

  • Cooling System Powered By Gas
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Window Unit Heating System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 5 / 4
  • Assessor Parcel Number 24-44-22-03-00004.0050

Community Details

Overview

  • 3 Units
  • Crows 2Nd Plat Of Matlacha Subdivision

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $14,325
  • Net Operating Income $7,194

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,328

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Lot Size: 50 x 71 x 50 x 71
  • Road Surface Type: Paved
  • Co List Office Mls Id: FPRP2
  • Co List Office Phone: (239) 206-2777
  • Subdivision Name: CROWS 2ND PLAT OF MATLACHA
  • Directions: Pine Island Rd then turn left on Matlacha Blvd turn right on second st and property is on the right.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Triplex
  • Year Built: 1950
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Laminate
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Frame, Concrete, Stucco, Wood Siding
  • Exterior Features: Deck, Storage
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric, Gas, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Window Unit
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 24-44-22-03-00004.0050
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Number Of Units Total: 3
  • Property Net Operating Income: 7194.0
  • Annual Operating Expense: 14325.0

Tax Info

  • Tax Annual Amount: 4328.0
  • Tax Block: 4
  • Tax Lot: 5
  • Tax Year: 2020

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
07/13/2021 07/13/21 Sold $349,123 0.0% $143 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $349,000 -- $143 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chris Terrasi

    Seller's Agent in 2021

    Chris Terrasi

    Premiere Plus Realty Company

    (239) 283-5000

    1 in this area

    12 Total Sales

    Chris Terrasi
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    J.P. Terrasi

    Premiere Plus Realty Company

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221039695

Florida Gulf Coast Multiple Listing Service
Florida Lee County Matlacha 33993

2598 Second St, Matlacha, FL

Not Listed for Sale

MultiFamily

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