UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Crows Of Matlacha
MLS Listing ID 225006202
Style See Remarks
Bedrooms 5
Full Baths 5
Year Built 1952
Annual Tax Amount $4,503
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Quadruplex
Source Florida Gulf Coast
Property Description
Discover a rare chance to own a prime piece of Matlacha's historic charm with the potential for a 6% or higher return on your investment. Nestled in the heart of this iconic old Florida fishing village, this fully renovated five-unit waterfront property offers a unique combination of solid income, future development potential, and the laid-back lifestyle that defines Matlacha.
Property Highlights:
• Five Turnkey Waterfront Apartments: Completely updated and in excellent condition—ready for immediate rental or personal use.
• Strong Income Stream: Currently generating between $50,000–$55,000 annually, with room for growth.
• Double Boat Dock: Spacious dock perfect for boaters, anglers, or simply enjoying the peaceful water views.
• Unforgettable Sunsets: Relax every evening with stunning west-facing sunsets right from your deck.
• Build Your Dream Home: Take advantage of consistent rental income while planning your custom stilt home on this waterfront lot. Although located in a historic area, Second Street is not within the officially designated historic district, meaning you're free to build without restrictive guidelines—ideal for elevated construction with flood protection.
Matlacha is one of the last untouched gems of old Florida, known for its vibrant art scene, world-class fishing, and tight-knit coastal community. This property offers far more than just a smart investment—it's an invitation to embrace a unique way of life.
Don't miss this waterfront treasure—schedule your showing today!
Location
State FL
County Lee
Area Pi03 - Matlacha
Zoning RM-2
Direction see map in pictures and refer to GPS
Interior
Heating Central Electric
Cooling Central Electric
Flooring Tile
Window Features Single Hung
Exterior
Exterior Feature Concrete Dock, Dock Included
Community Features Internet Access, See Remarks, Boating
Utilities Available Cable Available
Waterfront Description Canal Front,Navigable Water,Seawall
Roof Type Built-Up or Flat
Private Pool No
Building
Lot Description Regular
Faces see map in pictures and refer to GPS
Story 1
Sewer Assessment Paid, Central
Water Assessment Paid, Central
Architectural Style See Remarks
Level or Stories 1 Story/Ranch
Structure Type Concrete Block,Stucco
New Construction No
Others
Tax ID 24-44-22-03-00004.0060
Acceptable Financing Buyer Finance/Cash, Seller Pays Title
Listing Terms Buyer Finance/Cash, Seller Pays Title
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