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  • Price cut: $500 (7/28)
    $348,500

    4225-4227 Pine Island Rd NW, Cape Coral, FL 33993

    --beds
    --baths
    8,319Square Feet
    Unimproved Land
    Built in ----
    8,319 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Waterfront lot
    **One of the few truly build-ready waterfront opportunities in the heart of Matlacha!** This rare Gulf-access property has already been filled and graded, with brand-new county sewer and water infrastructure in place and power available for hookup—saving you valuable time and expense as you begin your project. The existing seawall remains intact, making this an exceptional opportunity to start building sooner rather than later. Whether you're dreaming of a custom waterfront home, planning a business with island charm, or envisioning a mixed-use investment, this unique C-1 zoned property offers outstanding flexibility. Previously improved with two residential homes, the property may offer the opportunity to build two residences again, subject to buyer verification with Lee County. Concept home plans have even been designed for the site to help buyers visualize the possibilities, while still allowing you the freedom to customize or bring your own builder. From your backyard, enjoy quick boating access to some of Southwest Florida's most iconic destinations, including Sanibel Island, North Captiva, Cayo Costa, Boca Grande, and the world-class fishing waters of Pine Island Sound and Charlotte Harbor. Spend your days exploring secluded beaches, waterfront restaurants, and endless island adventures—all just minutes away by boat. With approximately 8,320 square feet of waterfront property, no HOA fees, and much of the costly site preparation already completed, opportunities like this are becoming increasingly difficult to find. Whether you're building your forever home, a waterfront business, or an investment property, this is your chance to own one of Matlacha's most desirable build-ready waterfront parcels. **Ask about the concept home plans designed specifically for this property and discover what's possible on this exceptional waterfront lot.**
    315 days
    237
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Casey Stearns 239-229-3368,

    Century 21 Sunbelt Realty

    Source: Florida Gulf Coast MLS,MLS#: 2025013557MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: Bayfront, Navigable Water
      Lot
      • Size: 8,319 Square Feet
      • Dimensions: 52 x 160 x 50 x 160
      • Features: Cleared, Irregular Lot
      Details
      • Parcel number: 2444220000045.0000
      • Lease amount: $0
      • Zoning description: C-1

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: Boat Facilities, None
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: MATLACHA
      HOA
      • Services included: None
      Location
      • Region: Cape Coral

      Financial & listing details

      • Annual tax amount: $3,340
      • Date on market: 10/21/2025
      • Cumulative days on market: 1186 days
      • Listing terms: All Financing Considered,Cash
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,895/mo

        Price history

        DateEventPrice
        7/28/2026Price change$348,500-0.1%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        5/13/2026Price change$349,000-12.5%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        4/24/2026Price change$399,000-5%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        4/16/2026Price change$419,900-1.2%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        4/10/2026Price change$424,900-1.2%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        3/26/2026Price change$429,900-1.1%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        3/20/2026Price change$434,900-1.1%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        3/12/2026Price change$439,900-1.1%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        3/6/2026Price change$444,900-1.1%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        2/27/2026Price change$449,900-1.1%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        2/19/2026Price change$454,900-1.1%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        2/13/2026Price change$459,900-1.1%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        2/6/2026Price change$464,900-2.1%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        10/21/2025Listed for sale$474,900-10.2%
        Source: Florida Gulf Coast MLS #2025013557 Report a problem
        9/2/2025Listing removed$529,000
        Source: Florida Gulf Coast MLS #223037933 Report a problem
        2/28/2025Listed for sale$529,000-11.7%
        Source: SWFLMLS #223037933 Report a problem
        2/5/2024Listing removed--
        Source: Florida Gulf Coast MLS #223037933 Report a problem
        11/21/2023Price change$599,000-3.2%
        Source: Florida Gulf Coast MLS #223037933 Report a problem
        11/17/2023Listed for sale$619,000+107%
        Source: Florida Gulf Coast MLS #223037933 Report a problem
        4/7/2023Sold$299,000
        Source: Florida Gulf Coast MLS #223018353 Report a problem
        3/11/2023Pending sale$299,000
        Source: Florida Gulf Coast MLS #223018353 Report a problem
        3/9/2023Listed for sale$299,000
        Source: Florida Gulf Coast MLS #223018353 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33993

        Getting around

        38 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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