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  • MLS#: A4682927 ( Commercial Sale )
  • Street Address: Address Not Provided
  • Viewed: 2
  • Price: $3,450,000
  • Price sqft: $466
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Bay/Harbor,Intracoastal Waterway,River Front
  • Year Built: 1999
  • Bldg sqft: 7400
  • Days On Market: 40
  • Additional Information
  • County: LEE
  • City: CAPE CORAL
  • Zipcode: 33993
  • Provided by: RE/MAX SUNSHINE
  • Contact: Char Seuffert
  • 239-790-1177
  • mfrmls
  • DMCA Notice
  • Description
    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 155 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: 12 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 / 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 additional detailed floor plans, unit information and financials available. All the work has been done and ready for a new owner! New financials available end of first quarter 2026, contact agent for private showing!
Features
Waterfront Description
  1. Bay/Harbor
  2. Intracoastal Waterway
  3. River Front
Accessibility Features
  1. Accessible Bedroom
  2. Accessible Common Area
Appliances
  1. Dishwasher
  2. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Mini-Split Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Legal Description
  1. MATLACHA SHORES PB 10 PG 29 LOTS 18 + 19
Levels
  1. Multi/Split
Living Area
  1. 7400.00
Lot Features
  1. Waterfront
Area Major
  1. 33993 - Cape Coral
Net Operating Income
  1. 0.00
Occupant Type
  1. Owner
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 13-44-22-L3-01001.0180
Possession
  1. Close Of Escrow
Property Condition
  1. Completed
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Access Road
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 44
Utilities
  1. BB/HS Internet Capable
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/A4682927
Water Source
  1. Public
Year Built
  1. 1999