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 Other,Ranch,One Story,See Remarks
Bedrooms 5
Full Baths 5
Construction Status Resale
HOA Y/N No
Year Built 1952
Annual Tax Amount $4,503
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions Appraiser
Property Sub-Type Quadruplex
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
Community Crows Of Matlacha
Area Pi03 - Matlacha
Rooms
Bedroom Description NaN
Interior
Interior Features High Speed Internet
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Fireplace No
Window Features Single Hung
Exterior
Exterior Feature Other
Community Features Boat Facilities
Utilities Available Cable Available
Amenities Available Other, See Remarks
Waterfront Description Canal Access, Navigable Water, Seawall
Water Access Desc Assessment Paid,Public
Roof Type Built- Up, Flat
Garage No
Private Pool No
Building
Lot Description Rectangular Lot, Cul- De- Sac, Dead End
Dwelling Type Quadruplex
Sewer Assessment Paid, Public Sewer
Water Assessment Paid, Public
Architectural Style Other, Ranch, One Story, See Remarks
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed Call, Conditional
Senior Community No
Tax ID 24-44-22-03-00004.0060
Acceptable Financing All Financing Considered, Cash
Listing Terms All Financing Considered, Cash
Pets Allowed Call, Conditional
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1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States