$599,999

4741 Pine Island Rd NW Matlacha, FL 33993

Estimated payment $3,842/month

Total Views 782
-- Bed
-- Bath
2,896 Sq Ft
$207 Price per Sq Ft

Highlights

  • Hot Property
  • White Water Ocean Views
  • Boat Ramp
  • Cape Coral High School Rated A-
  • Access to Bay or Harbor
  • Property Fronts a Bay or Harbor

About This Home

An incredible .23 of an acre lot!!!! 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 views from the house and the swimming pool of the open water are
incredible!! 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.

Listing Agent

Andrew Reese

COLDWELL BANKER SUNSTAR REALTY Brokerage Phone: 941-575-2502 License #3501127 Listed on: 07/11/2025

COLDWELL BANKER SUNSTAR REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,232

Year Built

  • Built in 1980

Lot Details

  • 10,149 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Oversized Lot
  • Level Lot

Property Views

  • White Water Ocean
  • Pool

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 2,896 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • French Doors
  • Sliding Doors
  • Combination Dining and Living Room
  • Hurricane or Storm Shutters

Kitchen

  • Cooktop<<rangeHoodToken>>
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Access to Bay or Harbor
  • No Fixed Bridges
  • Boat Ramp
  • Covered patio or porch

Location

  • Flood Zone Lot
  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3,296 Sq Ft Building
  • Crows 01 Matlacha Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,232

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Concrete, Stucco, Frame
  • Fireplace: No
  • Living Area: 2896
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 3296
  • Lot Size Sq Ft: 10149
  • Directions to Property: Take Pine Island Rd through Matlacha. Property is on the left (south side), just before the 3rd bridge.
  • Status: Active
  • Street Post Direction: NW
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 213008162
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 207.18
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_DockYN: 0
  • Attribution Contact: 941-575-2502
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Disposal, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 4741/4743
  • Living Area Meters: 269.05

Exterior Features

  • Pool Features: Gunite, In Ground
  • Exterior Features: French Doors, Hurricane Shutters, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor
  • Water Extras: Boat Ramp - Private,Bridges - No Fixed Bridges,Sailboat Water
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2022-11-17
  • Flood Zone Panel: 12071C0240G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • 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: C-1
  • Parcel Number: 24-44-22-02-00000.0200
  • Additional Parcels: No
  • Lot Features: FloodZone, Historic District, Level, Oversized Lot, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 943

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 3
  • Waterfront Features: Bay/Harbor
  • Total Num Buildings: 2

Tax Info

  • Tax Annual Amount: 6232
  • Tax Block: 00000
  • Tax Book Number: 8-83
  • Tax Lot: 20

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
07/09/2025 07/09/25 For Sale $599,999 -- $207 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: A4658605

Stellar MLS

APN: 24-44-22-02-00000.0200