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4741/4743 PINE ISLAND ROAD NW

House Recently Sold
$550,000

BTC: 8.73015873

ETH: 315.00572738

Sold on: 2025-09-18
30 days
Waterfront
2 bds
2 ba
2,896 sqft

Overview

An incredible .23 of an acre lot!!!! 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 views from the house and the swimming pool of the open water are incredible!! 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.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1980
Lot:
0.23 Acres
Heating:
Central / Electric
Price/sqft:
$207
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$867,000
$599K – $1.1M
Confidence Low
List vs. estimate
$267K below estimate
List $599,999 · -30.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$207
-59.8% vs. city median $515
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,232
2024
Pool
Gunite
View
Pool, Water
Waterfront
Bay/Harbor
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Laminate

    • Tile

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Disposal

    • Dryer

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: French Doors / Hurricane Shutters / Sliding Doors

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 2444220200000.0200

    • Zoning: C-1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

  • Other financial information

    • Annual tax amount: $6,232

  • Source details

    • MLS ID: A4658207

    Other facts

    • Construction Materials: Concrete / Stucco / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: Cleared / FloodZone / Historic District / Level / Oversized Lot

    • Patio And Porch Features: Covered / Rear Porch

    • Pool Features: Gunite / In Ground

    • Direction Faces: Northwest

    • Architectural Style: Courtyard / Florida / Other / Ranch

    • Waterfront: Yes

    • Living Area: 2896

    • Water Source: Public

    • Subdivision Name: CROWS 01 MATLACHA

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER SUNSTAR REALTY