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Property Description
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.
Full Property Details
Full Property Details for 4741/4743 Pine Island Road NW
General
- Sold For: $550,000
- Taxes: $6,232 (2024)
- Status: Closed
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: A4658605
- Added to Site: 224 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Walk-In Closet(s), Window Treatments
- Appliances: Cooktop, Disposal, Dryer, Range, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Laminate, Tile, Hardwood
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, In Ground
Exterior
- Exterior Features: French Doors, Hurricane Shutters, Sliding Doors
- Deck/Patio: Covered, Rear Porch
- Porch/Patio/Deck: Covered, Rear Porch
Location
- Area: 33993 - Cape Coral
- County: Lee
- Development Name: 33993 - Cape Coral
- Subdivision: CROWS 01 MATLACHA
- Driving Directions: Take Pine Island Rd through Matlacha. Property is on the left (south side), just before the 3rd bridge.
Community
- Community Name: 33993 - Cape Coral
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Public, Sewer Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Concrete, Stucco, Wood Frame
- Roof: Metal
- Stories/Levels: One
- Square Feet: 2,896
- Sq. Ft. Source: Public Records
- Living Area: 2,896 Sq. Ft.
- Year Built: 1980
Lot Features
- Property View: Pool, Water
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,149
- Lot Size: 10149
- Frontage: Street Paved
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor
- Water Extras: Yes
- Water Front Desc.: Bay/Harbor
Financial Considerations
- Tax Amount: $6,232
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: CROWS 1ST PLAT OF MATLACHA PB 8 PG 83 LOT 20
- Flood Zone Info: AE
- APN: 2444220200000.02
- Property ID: 2444220200000.02
Listed by Coldwell Banker Sunstar Realty
Sold by Stellar Non-Member Office
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Price & Sales History for 4741/4743 Pine Island Road NW
Date
Details
Price
Change
Source
9/18/2025
Sold
$550,000
-8.33%
MLS
7/11/2025
Listed
$599,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4741/4743 Pine Island Road NW, Matlacha, FL 33993 (MLS# A4658605) is a Triplex property that was sold at $550,000 on September 18, 2025. Want to learn more about 4741/4743 Pine Island Road NW? Do you have questions about finding other Triplex real estate for sale in Matlacha? You can browse all Matlacha real estate or contact a Coldwell Banker agent to request more information.

