For sale

Price cut: $14K (2/9)

$535,000

4874 Pine Island Rd NW, Matlacha, FL 33993

4beds

3baths

--sqft

Est.:

Triplex

Built in 1942

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Direct gulf accessImmaculate units

Welcome to Matlacha, a unique 3-PLEX boasting not only direct Gulf access but also a wealth of investment potential. This multi-family residence showcases 3 immaculate units. The setup is perfect for those looking to live in one unit while embracing the financial benefits of renting out the other 2, providing a smart way to manage retirement finances .Your new income property is situated directly across the delightful Yucatan Waterfront Bar & Grill, perfect for evenings when cooking feels like too much of a chore. Please schedule all showings online via Showing Time.

315 days

409

7

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Central

Cooling

Central Air

Features

Flooring: Vinyl

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3

Features

Stories: 1
On waterfront: Yes
Waterfront features: Canal Width 1-80 Feet, Ocean Access
Frontage length: 125

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 10014869
Zoning: 0

Construction

Type & style

Home type: MultiFamily
Architectural style: Old Spanish
Property subtype: Triplex

Materials

Wood Siding
Roof: Metal

Condition

Year built: 1942

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Matlacha

HOA

Has HOA: No

Location

Region: Matlacha

Financial & listing details

Tax assessed value: $188,718
Annual tax amount: $2,838
Date on market: 2/23/2025
Listing terms: All Cash,Conventional,1031 Exchange,FHA

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
2/9/2026	Price change	$535,000-2.6%
Source: Florida Gulf Coast MLS #225020614 Report a problem
10/24/2025	Price change	$549,000-0.2%
Source: MIAMI #A11779495 Report a problem
9/29/2025	Price change	$549,999-8.2%
Source: Florida Gulf Coast MLS #225020614 Report a problem
9/17/2025	Price change	$599,000+33.1%
Source: Florida Gulf Coast MLS #225020614 Report a problem
8/26/2025	Price change	$450,000-25%
Source: Florida Gulf Coast MLS #225020614 Report a problem
7/17/2025	Price change	$599,900-19.9%
Source: SWFLMLS #225020614 Report a problem
5/5/2025	Price change	$749,000-11.9%
Source: SWFLMLS #225020614 Report a problem
2/26/2025	Listed for sale	$850,000+507.1%
Source: SWFLMLS #225020614 Report a problem
2/3/2015	Sold	$140,000+21.7%
Source: Florida Gulf Coast MLS #214058112 Report a problem
1/24/2001	Sold	$115,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
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