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  • $550,000

    4741/4743 Pine Island Rd NW, Matlacha, FL 33993

    3beds
    2,896sqft
    Single Family Residence
    Built in 1980
    10,149.48 Square Feet Lot
    $702,100 Zestimate®
    $190/sqft
    $4,964 Estimated rent

    Home value

    $702,100

    $576,000 - $850,000

    $4,964/mo

    Zestimate® history
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    What's special

    Direct gulf accessWaterfront courtyardFully functional poolDirect sailboat-access bay frontagePrivate boat rampSerene water viewsOpen kitchen
    An incredible waterfront investment opportunity awaits in the heart of historic Matlacha — offering direct sailboat-access bay frontage, a private boat ramp, and a waterfront courtyard with a fully functional pool as the centerpiece of this one-of-a-kind property. Situated right on the water in one of Florida’s most colorful and charming coastal communities, this property is perfect for the investor ready to bring their vision to life while capitalizing on its rare location and income potential. The main home, currently operating as an Airbnb, has been renovated and offers a welcoming 1 bedroom, 1.5 bath layout with an open kitchen, light-filled living and dining areas, and serene water views. Two additional cottages — a 2 bedroom, 2 bath and a 1 bedroom, 1 bath — open directly to the pool and courtyard, each waiting to be restored and transformed into profitable rental units. The property’s private boat ramp gives you easy access to open Gulf waters with no bridges, perfect for boaters and fishing enthusiasts. The southeast-facing backyard and pool area allow you to soak in breathtaking sunrises over the bay and enjoy tranquil evenings by the water. Just outside your door, you’ll find the vibrant energy of Matlacha’s historic district — walk to Blue Dog Bar & Grill, Bert’s Bar, Olde Fish House Marina, and Island Seafood Market, or explore the area’s eclectic shops and art galleries. Sold as-is and cash-only, this property combines current rental income from the main house with the opportunity to unlock even more value through renovation of the cottages. Rarely does such a prime waterfront property with direct Gulf access and endless potential come to market in Matlacha. Bring your creativity and contractor — and make this waterfront retreat your next successful investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Reese 941-586-2460,

    Coldwell Banker Sunstar Realty

    Bought with:

    Donavon Owens, 258003539

    Elite Florida Realty Inc

    Source: Florida Gulf Coast MLS,MLS#: 225062207MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Double Oven, Dryer, Electric Cooktop, Disposal, Refrigerator, Washer
    • Laundry: Washer Hookup, Dryer Hookup, Inside
    Features
    • Breakfast Bar, Bathtub, Dual Sinks, Living/Dining Room, Main Level Primary, Separate Shower, Walk-In Closet(s)
    • Flooring: Laminate, Tile, Wood
    • Windows: Single Hung
    Interior area
    • Total structure area: 2,896
    • Total interior livable area: 2,896 sqft

    Property

    Features
    • Stories: 1
    • Exterior features: Courtyard, Shutters Manual
    • Has private pool: Yes
    • Pool features: Concrete, In Ground
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Bay Access
    Lot
    • Size: 10,149 sqft
    • Dimensions: 108 x 100 x 108 x 100
    • Features: Oversized Lot
    Details
    • Parcel number: 2444220200000.0200
    • Lease amount: $0
    • Zoning description: C-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Courtyard,Florida,Ranch,One Story
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco, Wood Frame
    • Roof: Roof Over,Tile
    Condition
    • Resale
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Boat Facilities
    Location
    • Region: Matlacha
    • Subdivision: CROWS 1ST PLAT OF MATLACHA

    HOA & financial

    HOA
    • Has HOA: No
    • Amenities included: None
    • Services included: None
    Other fees
    • Condo and coop fee: $0
    • Membership fee: $0

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Single Family

    Price history

    DateEventPrice
    9/18/2025Sold$550,000-8.3%$190/sqft
    Source: Florida Gulf Coast MLS #225062207 Report a problem
    8/8/2025Pending sale$599,999$207/sqft
    Source: Florida Gulf Coast MLS #225062207 Report a problem
    7/9/2025Listed for sale$599,999-29.3%$207/sqft
    Source: SWFLMLS #225062207 Report a problem
    7/1/2025Listing removed$849,000$293/sqft
    Source: SWFLMLS #225013851 Report a problem
    2/13/2025Listed for sale$849,000-6.7%$293/sqft
    Source: SWFLMLS #225013851 Report a problem
    6/14/2021Sold$910,000-9%$314/sqft
    Source: Public Record Report a problem
    11/2/2020Listing removed$1,000,000$345/sqft
    Source: John R. Wood Properties #219073868 Report a problem
    11/8/2019Listed for sale$1,000,000-16.7%$345/sqft
    Source: John R. Wood Properties #219073868 Report a problem
    7/14/2019Listing removed$1,200,000$414/sqft
    Source: RE/MAX Realty Team #218047271 Report a problem
    4/19/2019Listed for sale$1,200,000+84.6%$414/sqft
    Source: RE/MAX Realty Team #218047271 Report a problem
    11/4/2003Sold$650,000+225%$224/sqft
    Source: Public Record Report a problem
    1/3/2000Sold$200,000$69/sqft
    Source: Public Record Report a problem
    1/9/1996Sold$200,000$69/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,306 -14.8%$310,090 -27.1%
    2024$6,232 +40.5%$425,289 +56.1%
    2023$4,436 -56.3%$272,400 -58.4%
    2022$10,158 +84.2%$655,577 +87.2%
    2021$5,514 +0.7%$350,158 +1.4%
    2020$5,475 +0.8%$345,323 -28.8%
    2019$5,433 $485,310 +46.5%
    2018$5,433 +0.4%$331,265 -11.3%
    2016$5,412 +0.9%$373,509 -0.1%
    2015$5,363 +4%$373,899 +2.9%
    2013$5,154 +3.3%$363,532 +19.9%
    2012$4,989 -7.1%$303,282 -5.1%
    2011$5,373 -7.2%$319,508 -5.1%
    2010$5,792 -4.3%$336,599 -7.9%
    2009$6,053 -24.6%$365,490 -44.5%
    2007$8,031 -1.1%$658,570 -3.3%
    2006$8,118 +1.1%$681,060 +59.5%
    2004$8,031 +65.8%$427,040 +15.2%
    2003$4,843 +11.3%$370,790 +29.2%
    2002$4,351 $287,050

    Find assessor info on the county website

    Neighborhood: 33993

    Nearby schools

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