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  • Price cut: $14K (2/9)
    $535,000

    4874 Pine Island Rd NW, Matlacha, FL 33993

    4beds
    1,202sqft
    : 
    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
    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!
    391 days
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    304
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    10
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    Zillow last checked: 7 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#: 225020614MLS LogoOriginating MLS: Florida Gulf Coast

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      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
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      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
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: MATLACHA
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry, Pier, See Remarks
      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: 355 days
      • Listing terms: All Financing Considered,Cash
      • Tenant pays: See Remarks
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/9/2026Price change$535,000-2.6%$445/sqft
        Source: Florida Gulf Coast MLS #225020614 Report a problem
        10/24/2025Price change$549,000-0.2%$457/sqft
        Source: MIAMI #A11779495 Report a problem
        9/29/2025Price change$549,999-8.2%$458/sqft
        Source: Florida Gulf Coast MLS #225020614 Report a problem
        9/17/2025Price change$599,000+33.1%$498/sqft
        Source: Florida Gulf Coast MLS #225020614 Report a problem
        8/26/2025Price change$450,000-25%$374/sqft
        Source: Florida Gulf Coast MLS #225020614 Report a problem
        7/17/2025Price change$599,900-19.9%$499/sqft
        Source: SWFLMLS #225020614 Report a problem
        5/5/2025Price change$749,000-11.9%$623/sqft
        Source: SWFLMLS #225020614 Report a problem
        2/26/2025Listed for sale$850,000+507.1%$707/sqft
        Source: SWFLMLS #225020614 Report a problem
        2/3/2015Sold$140,000+21.7%$116/sqft
        Source: Florida Gulf Coast MLS #214058112 Report a problem
        1/24/2001Sold$115,000$96/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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
        $3,294/mo
        Principal & interest
        $2670
        Property taxes
        $624
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          Climate risks

          Neighborhood: 33993

          Getting around

          36 / 100
          Car-Dependent
          33 / 100
          Somewhat Bikeable

          Nearby schools

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          Local experts in 33993

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