12200 SHOREVIEW DRIVE

Multi-family For Sale

$3,450,000

BTC: 115.00000000

ETH: 1,725.00000000

-$1M (2025/12/03)

186 days

Waterfront

For Sale

Multi-family

0 room(s) •

7,400 sqft

Est. Estimated sales range: $0 - $0

Overview

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 275 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: 13 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 Asking Price: $4,500,000 / Projected NOI (Year 1): $311,500 (Financial Overview and Proformas available upon request / Pro Forma Cap Rate: 6.9 percent / Revenue Potential: $550,000+ annually at 70 percent 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 - please contact your Agent for additional detailed floor plans, unit information and financials. All the work has been done and ready for a new owner!

Location

Florida • CAPE CORAL • 33993 • Multi-family • For Sale • Waterfront

Facts and features

Type:

Residential Income

Parking:

No Data

Year Built:

1981

Lot:

0.34 Acres

Heating:

Central

Price/sqft:

$466

Cooling:

Central Air

HOA:

No Data

Type:

Residential Income

Parking:

No Data

Year Built:

1981

Lot:

0.34 Acres

Heating:

Central

Price/sqft:

$466

Cooling:

Central Air

HOA:

No Data

All facts and features

Heating

• Central

Cooling

• Central Air

Appliances

• Other

Other interior features

• Other
Property

• Pool Private: Yes

• Exterior Features: Storage

Lot

• Lot: 0.34 Acres

Other Property Information

• Parcel Number: 1344220100001.0180

• Zoning: RM-2
Type and style

• Property Type: Residential Income

• Property Sub Type: Multi Family
Utility

• Cable Available

• Electricity Available

• Sewer Available

• Water Available
Other financial information

• Annual tax amount: $11,985
Source details

• MLS ID: A4654649

Other facts

• Construction Materials: Concrete

• Foundation Details: Concrete Perimeter

• Laundry Features: Laundry Room

• Pool Features: In Ground

• Waterfront: Yes

• Living Area: 7400

• Water Source: Public

• Lot Size Dimensions: 100 x 145

• Subdivision Name: MATLACHA SHORES

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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 ©2025-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: RE/MAX SUNSHINE

12200 SHOREVIEW DRIVE

Overview

Location

Facts and features

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

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