Exceptional Investment Opportunity in Matlacha – Waterfront Five-Plex with 6%+ ROI Potential
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!
3,485 Sq Ft Exterior Space
Investment
$4,504 Annual Tax
Built in 1952
MLS/Listing ID 225006202
5 Units
Tile
Navigable
Built-Up
Lot - Regular Lot
Heating - Central Electric
Concrete Block
Dock Included
Concrete Dock
Cooling - Central Electric
Construction - Stucco
Style - Ranch
Construction - Concrete Block
Association - Internet Access
Style - Quadruplex
Canal Front
Seawall
Listing Courtesy of SELECT REALTY ASSOCIATES, INC., KURT MELZER - 239-822-8878
Source of Data: NAPLES AREA BOARD OF REALTORS