$699,000

4689 Pine Island Road NW

MATLACHA FL, 33993

Description

Situated on one of the largest waterfront parcels on the island this quaint and cozy resort property features 140 feet of road frontage in the middle of downtown Matlacha with its many brightly colored art galleries, island boutiques, seafood restaurants, and charming Florida cottages. This tropical resort boasts 3 Key West style cottages one being two stories situated around a heated swimming pool and has unlimited potential. Zoned C-1 and situated on over a half acre of land there is plenty of room to expand and build additional units. Each unit has 1 bedroom, 1 bathroom, a kitchen and living area. Common areas include solar heated pool, 2 boat docks, one has a boat lift, gazebo for barbecuing in the shade, community washer & dryers and beautiful bay views. There’s ample parking with a large lot and 140 feet of concrete seawall. A new owner could use one or both boat docks for additional rental or passive income. Guests are in walking distance to everything retail shops, restaurants, fishing charters and art galleries. Many options with this property; hotel/motel, Airbnb, restaurant, retail, mixed use.

Details

MLS#219064680
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1946
Days On Site295

Features

Market Activity 33993

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Area Information
StateFL
CountyLee
CityMATLACHA
Zip Code33993
AreaPI03 - Matlacha
Listing VS Median (in 33993)
Price:
$699,000
low | high
Med:
$19,900
100% of Average
On Site:
295
low | high
Med:
38
100% of Average
Listing Updated: 08/08/2020
Dennis Warson LogoMLS Number: 219064680
Listing Provided By:
Dennis Warson  of  Keller Williams Realty Fort My

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