5 Beds
5 Baths
3,484 Sqft Lot
5 Beds
5 Baths
3,484 Sqft Lot
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
Originating Board Florida Gulf Coast
Year Built 1952
Annual Tax Amount $4,503
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Welcome to a rare find in the heart of Matlacha's historic district, a charming old Florida mullet fishing village that has retained its unique character and laid-back lifestyle. This waterfront property offers a perfect blend of investment potential and dream home possibilities.
Property Highlights:
• 5 Waterfront Apartments: Fully renovated and in top condition, ready for immediate rental or personal use.
• Income Potential: Generates $50,000–$55,000 annually, with a strong 4.5% return on investment.
• Double Boat Dock: Features a spacious double boat dock, ideal for boating and fishing enthusiasts.
• Spectacular Sunsets: Unwind each evening with breathtaking sunset views from the boat deck.
• Future Potential: Rent the property for consistent income while you plan and build your dream home on this stunning waterfront location.
Matlacha is the last piece of old Florida living, offering a vibrant arts community, incredible fishing, and serene coastal vibes. This property is more than an investment—it's your gateway to an unparalleled lifestyle.
Don't miss out on this unique opportunity. Explore this waterfront treasure!
This home is marked as located in a historic district but Second Street is NOT which means you are allowed to build there your new dream home on stilts -no worries about flooding- on this superb location
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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