2606 Second ST new

Matlacha,FL 33993

$ 1180000

5 Beds

5 Baths

- SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Ranch,Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Crows Of Matlacha

MLS Listing ID 225006202

Style Resale Property

Bedrooms 5

Full Baths 5

HOA Y/N Yes

Originating Board Florida Gulf Coast

Year Built 1952

Annual Tax Amount $4,503

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

Property Description

Waterfront Gem in Historic Matlacha – Five Plex Investment Opportunity
Welcome to a rare find in the heart of Matlacha's historic district, a charming old Florida mullet fishing village that has retained its unique character and laid-back lifestyle. This waterfront property offers a perfect blend of investment potential and dream home possibilities.
Property Highlights:
• 5 Waterfront Apartments: Fully renovated and in top condition, ready for immediate rental or personal use.
• Income Potential: Generates $50,000–$55,000 annually, with a strong 4.5% return on investment.
• Double Boat Dock: Features a spacious double boat dock, ideal for boating and fishing enthusiasts.
• Spectacular Sunsets: Unwind each evening with breathtaking sunset views from the boat deck.
• Future Potential: Rent the property for consistent income while you plan and build your dream home on this stunning waterfront location.

Matlacha is the last piece of old Florida living, offering a vibrant arts community, incredible fishing, and serene coastal vibes. This property is more than an investment—it's your gateway to an unparalleled lifestyle.

Don't miss out on this unique opportunity. Explore this waterfront treasure!

This home is marked as located in a historic district but Second Street is NOT which means you are allowed to build there your new dream home on stilts -no worries about flooding- on this superb location

Location

State FL

County Lee

Area Crows Of Matlacha

Zoning RM-2

Interior

Heating Central Electric

Flooring Tile

Fireplace No

Heat Source Central Electric

Exterior

Exterior Feature Concrete Dock,Dock Included

Amenities Available Internet Access,See Remarks

Waterfront Description Canal Front,Navigable,Seawall

Roof Type Built-Up

Garage No

Private Pool No

Building

Lot Description Regular

Water Assessment Paid,Central

Architectural Style Ranch,Quadraplex

Structure Type Concrete Block,Stucco

New Construction No

Others

Pets Allowed With Approval

Senior Community No

Tax ID 24-44-22-03-00004.0060

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