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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON JUN 23 2025 AT 7:52 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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2606 Second St

matlacha, FL 33993

$995,000

  • 5 BR
    5 BA

INTERESTED? LET'S CONNECT

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!

Details

3,485 Sq Ft Exterior Space

Investment

$4,504 Annual Tax

Built in 1952

MLS/Listing ID 225006202

5 Units

Amenities & Features

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

NABOR

Source of Data: NAPLES AREA BOARD OF REALTORS

Interested in 2606 Second St?