Waterfront Gem in Historic Matlacha – Five Plex Investment Opportunity Welcome to a rare find in the heart of Matlacha’s historic district, a charming old Florida mullet fishing village that has retained its unique character and laid-back lifestyle. This waterfront property offers a perfect blend of investment potential and dream home possibilities. Property Highlights: • 5 Waterfront Apartments: Fully renovated and in top condition, ready for immediate rental or personal use. • Income Potential: Generates $50,000–$55,000 annually, with a strong 4.5% return on investment. • Double Boat Dock: Features a spacious double boat dock, ideal for boating and fishing enthusiasts. • Spectacular Sunsets: Unwind each evening with breathtaking sunset views from the boat deck. • Future Potential: Rent the property for consistent income while you plan and build your dream home on this stunning waterfront location. Matlacha is the last piece of old Florida living, offering a vibrant arts community, incredible fishing, and serene coastal vibes. This property is more than an investment—it’s your gateway to an unparalleled lifestyle. Don’t miss out on this unique opportunity. Explore this waterfront treasure! This home is marked as located in a historic district but Second Street is NOT which means you are allowed to build there your new dream home on stilts -no worries about flooding- on this superb location

Listing courtesy of Select Realty Associates, Inc.


The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.