4741 Pine Island Rd NW Matlacha, FL 33993
Estimated payment $3,842/month
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
COLDWELL BANKER SUNSTAR REALTY Brokerage Phone: 941-575-2502 License #3501127 Listed on: 07/11/2025

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
- Visit Down Payment Resource Website
- Tax Lot 20
- Assessor Parcel Number 24-44-22-02-00000.0200
Community Details
Overview
- No Home Owners Association
- 3 Units
- 3,296 Sq Ft Building
- Crows 01 Matlacha Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: A4658605

APN: 24-44-22-02-00000.0200
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