TRIPLEX already generating income! Welcome to your dream waterfront escape in Matlacha, a unique TRIPLEX boasting not only direct Gulf access but also a wealth of investment potential.
This multi-family residence showcases 3 immaculate units. Each of them it's been meticulously renovated to offer comfort, style and functionality with brand new floors, new kitchen cabinets, appliances and a shared laundry room.
The setup is perfect for those looking to live in one unit while embracing the financial benefits of renting out the other two, providing a smart way to manage retirement finances while enjoying the culture and community of a bustling waterfront locale.
Step outside to discover the vinyl fence surrounding the premises and a solid metal roof for your peace of mind. Whether your passion lies in kayaking, world-class fishing, or simply soaking in the sun, this property has direct access to the Gulf via Matlacha Pass. The wooden deck is the perfect spot for catching snooks or indulging in the quiet joy of sipping the morning coffee.
Your new income property is situated a leisurely stroll away from Matlacha community Park and directly across from the delightful Yucatan Waterfront Bar and Grill, perfect for evenings when cooking feels like too much of a chore. Not to mention, the nearby Publix Super Market ensures that all your daily needs are just a short drive away.
Whether you are looking to enhance your lifestyle or expand your portfolio, this income property promises a blend of leisure and fiscal wisdom you won’t want to miss. Dive into this opportunity and let your investments dreams set sail in historic Matlacha!
Active
Price cut: $14K (2/9)
$535,000
4874 Pine Island Rd NW, Matlacha, FL 33993
4beds
1,202sqft
Est.:
Triplex, Multi Family
Built in 1942
-- sqft lot
$-- Zestimate®
$445/sqft
$-- HOA
What's special
Direct gulf accessMeticulously renovatedWooden deckShared laundry roomBrand new floorsSolid metal roofNew kitchen cabinets
- 364 days |
- 380 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: February 08, 2026 at 08:08pm
Listed by:
Jose Serrat 239-628-6771,
Ideal Homes Realty LL
Source: Florida Gulf Coast MLS,MLS#: 225020614
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Laundry: Common Area
Features
- Flooring: Laminate
- Windows: Double Hung
Interior area
- Total structure area: 1,202
- Total interior livable area: 1,202 sqft
Video & virtual tour
Property
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Courtyard, Fence, Patio
- On waterfront: Yes
- Waterfront features: Gulf
Lot
- Size: 4,965.84 Square Feet
- Dimensions: 50 x 100 x 50 x 100
- Features: Rectangular Lot
Details
- Parcel number: 2444220100003.0040
- Lease amount: $0
- Zoning description: C-1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,One Story
- Property subtype: Triplex, Multi Family
Materials
- Vinyl Siding, Wood Frame
- Roof: Metal
Condition
- Resale
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: MATLACHA
HOA
- Has HOA: Yes
- Amenities included: Laundry, Pier, See Remarks
- Condo and coop fee: $0
- Membership fee: $0
Location
- Region: Matlacha
Financial & listing details
- Price per square foot: $445/sqft
- Tax assessed value: $166,215
- Annual tax amount: $3,724
- Date on market: 2/25/2025
- Cumulative days on market: 364 days
- Listing terms: All Financing Considered,Cash
- Tenant pays: See Remarks
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Price change | $535,000-2.6%$445/sqft |
Source:  Florida Gulf Coast MLS #225020614 Report a problem | ||
| 10/24/2025 | Price change | $549,000-0.2%$457/sqft |
Source:  MIAMI #A11779495 Report a problem | ||
| 9/29/2025 | Price change | $549,999-8.2%$458/sqft |
Source: Florida Gulf Coast MLS #225020614 Report a problem | ||
| 9/17/2025 | Price change | $599,000+33.1%$498/sqft |
Source: Florida Gulf Coast MLS #225020614 Report a problem | ||
| 8/26/2025 | Price change | $450,000-25%$374/sqft |
Source: Florida Gulf Coast MLS #225020614 Report a problem | ||
| 7/17/2025 | Price change | $599,900-19.9%$499/sqft |
Source:  SWFLMLS #225020614 Report a problem | ||
| 5/5/2025 | Price change | $749,000-11.9%$623/sqft |
Source: SWFLMLS #225020614 Report a problem | ||
| 2/26/2025 | Listed for sale | $850,000+507.1%$707/sqft |
Source: SWFLMLS #225020614 Report a problem | ||
| 2/3/2015 | Sold | $140,000+21.7%$116/sqft |
Source: Florida Gulf Coast MLS #214058112 Report a problem | ||
| 1/24/2001 | Sold | $115,000$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,575 -4% | $166,215 -9.1% |
| 2024 | $3,725 +8.8% | $182,837 +10% |
| 2023 | $3,425 -29.6% | $166,215 -30.7% |
| 2022 | $4,865 +16.9% | $239,880 +10% |
| 2021 | $4,160 -0.5% | $218,073 +0% |
| 2020 | $4,180 -9.6% | $218,027 -10.6% |
| 2019 | $4,625 | $243,867 0% |
| 2018 | $4,625 -0.4% | $243,871 +12.3% |
| 2017 | $4,645 +7.4% | $217,226 +0.7% |
| 2016 | $4,327 -0.1% | $215,619 +44.8% |
| 2015 | $4,329 +38.5% | $148,942 -11.2% |
| 2014 | $3,125 +0.3% | $167,798 +35% |
| 2013 | $3,115 +24.6% | $124,301 +9.4% |
| 2012 | $2,500 -17% | $113,602 -18.5% |
| 2011 | $3,012 -2.9% | $139,346 0% |
| 2010 | $3,102 -13.6% | $139,368 -19.8% |
| 2009 | $3,592 -9.4% | $173,780 -14.7% |
| 2008 | $3,965 -27.2% | $203,790 -32.1% |
| 2007 | $5,448 -21.2% | $300,110 -20.6% |
| 2006 | $6,911 +111.7% | $378,010 +168.6% |
| 2004 | $3,264 +40.4% | $140,740 +66.5% |
| 2003 | $2,325 +0.4% | $84,540 +0.2% |
| 2002 | $2,316 | $84,380 +96.5% |
| 2000 | -- | $42,950 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,133/mo
Principal & interest
$2509
Property taxes
$624
Climate risks
Neighborhood: 33993
Nearby schools
GreatSchools rating
- 8/10Pine Island Elementary SchoolGrades: PK-5Distance: 2.5 mi
- 6/10Trafalgar Middle SchoolGrades: 6-8Distance: 3.6 mi
- 3/10Ida S. Baker High SchoolGrades: 9-12Distance: 4.5 mi
Local experts in 33993
