SW Florida Properties – Weatherford Realty Group

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$4,500,000
9 Days On Site

12200/12230 Shoreview Drive
Cape Coral, FL 33993

For Sale|Hotel/Motel|Active
0
Beds
0
Total Baths
1999
Built
County:
Lee
Call Now: 863-612-0000
Is this the listing for you? We can help make it yours.
863-612-0000
12200/12230 Shoreview Drive12200/12230 Shoreview Drive12200/12230 Shoreview Drive12200/12230 Shoreview Drive
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Monthly Payment (Est.)

$20,531
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

An amazing opportunity to own a unicorn property with SO much potential and so many different options. Take advantage of this opportunity to build and expand upon current owner upgrades - this resort property is located in Matlacha, a renowned old Florida art and fishing village with easy access to Cape Coral, Pine Island and the multiple surrounding islands and also located directly on the Great Calusa Blueway - a 200 mile guided kayaking and paddling water trail. Matlacha is known for its Olde Florida community, tourism and some of the best fishing and boating right in your back yard, with endless views, a nature lover's paradise. Over 275 feet of water frontage, endless views, 5 boat slips (could be 6), magnificent potential and currently used as a short term vacation rental/hotel. Total Units: 13 units plus one office option(convertible to a 3rd bedroom in Unit 2 of the quad)and mirrors the 3-bedroom layout in Unit 3. Two buildings - Two-story building: 9 units (2× 2BR, 6× 1BR, 1 hotel room currently used as laundry), Single-story building: 1× 3BR, 1× 2BR, 2 studios, Square Footage: 7,400 SF (4,650 SF + 2,750 SF), Land: 1 Acre, direct waterfront, Zoning: multi-family / hotel. This was fully renovated in 2025 and is in spectacular condition - attention to detail in all upgrades and this entire property and each unit is spacious, with upscale decor and furnishings. Investment Highlights Asking Price: $4,500,000 / Projected NOI (Year 1): $311,500 (Financial Overview and Proformas available upon request / Pro Forma Cap Rate: 6.9% / Revenue Potential: $550,000+ annually at 70% occupancy / ADR Growth: $180 - $210 projected over 5 years / Expansion Potential: Opportunity to add RV spots or tiny homes in the gravel area along the canal / convert laundry/office space to additional guest accommodations or amenities. Potential additional revenue streams include event hosting, day passes, boutique retail store, kayak rentals, bike rentals, jet ski rentals - please contact your Agent for additional detailed floor plans, unit information and financials. All the work has been done and ready for a new owner!

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Listing Snapshot
Price 
$4,500,000
Days On Site 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1 Acre
Year Built 
1999
MLS® Number 
225049633
Status 
Active
Property Tax 
$22,093
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
1
Number Of Stories 
2
Property Sub Type 
Hotel/Motel
Utilities 
Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Zoning 
RM-2
Interior Features
Cooling 
Heating 
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Exterior Features
Lot Features 
Waterfront
Waterfront Features 
Seawall
Community Features
MLS Area 
PI03 - Matlacha
Listing courtesy of Re/Max Sunshine


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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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