Active

2606 Second ST

Matlacha FL, 33993

$1,170,000


Active

5 Beds

5 Baths

Multi-family

Built in 1952

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

225006202

MLS ID

January 27, 2025

Listed

February 21, 2025

Updated

Interior Features

Total Stories

1


Bedrooms

5


Total Bathrooms

5


Full Bathrooms

5


Interior Features

High Speed Internet


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.08 Acres


Exterior Features

Other


Lot Features

Rectangular Lot, Cul-De-Sac, Dead End


Architectural Style

Other, Ranch, One Story, See Remarks


Roof

Built-Up, Flat


Sewer

Assessment Paid, Public Sewer


Window

Single Hung

Other Property Details

Area Name

PI03 - Matlacha


Taxes

$4,504


Tax Frequency

Annually


Days on Market

17


Association Amenities

Other, See Remarks


Garage

No


View

No


County

Lee


Water Source

Assessment Paid, Public


Waterfront

Yes


Waterfront Features

Canal Access, Navigable Water, Seawall


Utilities

Cable Available

Listing History

Date

Event

Price

2/13/2025

Price change

$1,170,000

-1%

1/31/2025

Price change

$1,180,000

-2%

Listed by Kurt Melzer, Select Realty Associates, Inc.

Listing Contact: 239-822-8878 

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