Seller's Agent in 2025
Melissa Smith
Royal Shell Real Estate, Inc.
(239) 887-2699
2 in this area
13 Total Sales
4581 Redfish Point Rd Matlacha, FL 33993
Estimated Value: $588,000 - $788,786
3
Beds
3.5
Baths
1,926
Sq Ft
$344/Sq Ft
Est. Value
Highlights
- Boat Dock
- Access to Bay or Harbor
- Deck
- Cape Coral High School Rated A-
- Bay View
- Den
About This Home
As of September 2025Investor-Friendly Waterfront Gem in Matlacha – Appraised at $1.1M (Sept 2024)!
Welcome to 4581 Redfish Point Road, a distinctive three-level stilt home on the private island of Porpoise Point, named for the dolphins often spotted in its surrounding waters. This architect-designed property features 3 bedrooms, 3.5 bathrooms, and a flexible layout ideal for personal enjoyment or income-generating short-term rentals.
Each bedroom has its own ensuite, including a guest suite with private entry, wet bar, and balcony—perfect for hosting or use as a separate rental space. The home is equipped with a private elevator, EV-ready carport, and generous storage on the ground level.
Inside, you'll find a gourmet kitchen, open-concept living area, and multiple balconies offering serene water views. Just steps from the “most fishingest bridge in the world,” this home delivers prime access to fishing, dining, and the vibrant island lifestyle.
With no rental restrictions beyond a 6-person occupancy cap (infants under 3 not included) and the freedom to self-manage, investors will appreciate the flexibility and earning potential. Plus, two small pets (under 25 lbs each) are welcome!
Bonus: Dock permitting is underway, with construction expected in 2026, providing even greater long-term value.
Last Agent to Sell the Property
Royal Shell Real Estate, Inc. License #258028492 Listed on: 04/11/2025
Last Buyer's Agent
Royal Shell Real Estate, Inc. License #258028492 Listed on: 04/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,578
Year Built
- Built in 2007
Lot Details
- 2,405 Sq Ft Lot
- Lot Dimensions are 28 x 83 x 29 x 88
- Property fronts a private road
- Cul-De-Sac
- Street terminates at a dead end
- West Facing Home
- Rectangular Lot
- Property is zoned RM-2
HOA Fees
- $263 Monthly HOA Fees
Parking
- 2 Attached Carport Spaces
Property Views
- Bay
- Gulf
- Views of Preserve
Home Design
- Entry on the 2nd floor
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
- Stucco
Interior Spaces
- 1,926 Sq Ft Home
- 2-Story Property
- Elevator
- Wet Bar
- Built-In Features
- Ceiling Fan
- Double Hung Windows
- Display Windows
- Combination Dining and Living Room
- Den
- Workshop
Kitchen
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
- Closet Cabinetry
- Walk-In Closet
- Dual Sinks
- Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
- Impact Glass
- High Impact Door
- Fire and Smoke Detector
Outdoor Features
- Access to Bay or Harbor
- Mangrove Front
- Rip-Rap
- Balcony
- Deck
- Open Patio
- Outdoor Storage
- Porch
Schools
- School Choice Elementary And Middle School
- School Choice High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating and Cooling System
- Wall Furnace
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 0050 / 16000
- Assessor Parcel Number 24-44-22-L4-16000.0050
Community Details
Overview
- Association fees include management, insurance, irrigation water, legal/accounting, ground maintenance, street lights
- Association Phone (239) 689-3080
- Matlacha Subdivision
- Maintained Community
Amenities
- Community Storage Space
Recreation
- Boat Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
Sep 30, 2025
Sold by
Sanibel Captiva Community Bank
Bought by
Redfish Point Holdings Llc
Seller's Agent
Melissa Smith
Royal Shell Real Estate, Inc.
Buyer's Agent
Melissa Smith
Royal Shell Real Estate, Inc.
List Price
$799,000
Sold Price
$600,000
Premium/Discount to List
-$199,000
-24.91%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,947
Avg. Annual Appreciation
36.58%
Original Mortgage
$450,000
Outstanding Balance
$450,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$212,947
Purchase Details
Closed on
Oct 21, 2024
Sold by
Corace Benjamin C and Go Doi
Bought by
Sanibel Captiva Community Bank
Purchase Details
Listed on
Nov 30, 2021
Closed on
Jun 30, 2022
Sold by
Coastal Land And Homes Llc
Bought by
Corace Benjamin
Seller's Agent
Pat Eberle
Raso Realty Inc
Buyer's Agent
Kathy Corace
Sellstate Priority Realty
List Price
$949,900
Sold Price
$995,000
Premium/Discount to List
$45,100
4.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.78%
Original Mortgage
$796,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Redfish Point Holdings Llc | $600,000 | Assured Title Services | |
| Sanibel Captiva Community Bank | $853,500 | None Listed On Document | |
| Corace Benjamin | $995,000 | Sandcastle Title Services |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Redfish Point Holdings Llc | $450,000 | |
| Previous Owner | Corace Benjamin | $796,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/04/2025 10/04/25 | Off Market | $600,000 | -- | -- | |
| 09/30/2025 09/30/25 | Sold | $600,000 | -14.2% | $312 / Sq Ft | |
| 09/19/2025 09/19/25 | Pending | -- | -- | -- | |
| 07/07/2025 07/07/25 | Price Changed | $699,000 | -6.7% | $363 / Sq Ft | |
| 05/23/2025 05/23/25 | Price Changed | $749,000 | -6.3% | $389 / Sq Ft | |
| 04/11/2025 04/11/25 | For Sale | $799,000 | -19.7% | $415 / Sq Ft | |
| 07/06/2022 07/06/22 | Sold | $995,000 | +4.7% | $517 / Sq Ft | View Prior Sale |
| 06/27/2022 06/27/22 | Pending | -- | -- | -- | |
| 11/30/2021 11/30/21 | For Sale | $949,900 | -- | $493 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
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 |
|---|---|---|---|---|
| 2025 | $10,578 | $460,547 | $117,570 | $322,709 |
| 2024 | $10,578 | $739,723 | $189,633 | $514,284 |
| 2023 | $14,004 | $962,673 | $158,816 | $767,729 |
| 2022 | $7,032 | $393,700 | $0 | $0 |
| 2021 | $6,058 | $357,909 | $110,000 | $247,909 |
| 2020 | $5,949 | $360,967 | $110,000 | $250,967 |
| 2019 | $5,692 | $354,492 | $110,000 | $244,492 |
| 2018 | $5,535 | $357,707 | $110,000 | $247,707 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Smith
-
Michael McMurray
Seller Co-Listing Agent in 2025
Michael McMurray
Royal Shell Real Estate, Inc.
(239) 850-7888
2 in this area
399 Total Sales
-
Pat Eberle
Seller's Agent in 2022
Pat Eberle
Raso Realty Inc
(612) 384-6018
1 in this area
170 Total Sales
-
Gloria Tate
Seller Co-Listing Agent in 2022
Gloria Tate
Raso Realty Inc
(239) 851-6324
1 in this area
154 Total Sales
-
K
Buyer's Agent in 2022
Kathy Corace
Sellstate Priority Realty
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225031435
APN: 24-44-22-L4-16000.0050
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