Property Cape Coral for sale with MLS# A4682927
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!
The street address for this listing (MLS-A4682927) is private
- Price:
- $3,450,000.00
- Original List Price:
- $3,450,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $466.22
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi-Family 5+
- MLS Number:
- A4682927
- Living Area:
- 7,400 Sqft
- Built-Up Area:
- 7,400 Sqft
- Lot Area:
- 43,254 Sqft
- Building Area Source:
- Appraiser
- Additional Parcels
- Lot Features:
- Waterfront
- Lot Size Acres:
- 1
- Waterfront:
- Yes
- Waterfront Features:
- River Front, Bay/harbor, Intracoastal Waterway
- Accessibility:
- Accessible Bedroom, Accessible Common Area
- Appliances:
- Dishwasher, Refrigerator
- Air Conditioning System:
- Central Air, Mini-split Unit(s)
- Heating System:
- Central
- Water Access
- Water Access Features:
- Canal - Freshwater
- Water Extras
- Water Extra Details:
- Seawall - Concrete, Assigned Boat Slip, Bridges - No Fixed Bridges, Sailboat Water, Lift
- Water View
- Water View Details:
- Canal
- Year Built:
- 1999
- Number of Units Total:
- 12
- Levels:
- Multi/Split
- Construction Materials:
- Concrete
- Road Frontage Type:
- Access Road
- Foundation Details:
- Slab
- Flood Zone Code:
- ae
- Property Condition:
- Completed
- Tax Annual Amount:
- $22,093.00
- Tax Year:
- 2024
- Sewer:
- Public Sewer
- Utilities Available:
- Bb/hs Internet Capable
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash
- Occupant Type:
- Owner
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- MATLACHA SHORES PB 10 PG 29 LOTS 18 + 19
- Real Estate Folio Number (Parcel Number):
- 13-44-22-L3-01001.0180
- Title to the property is held by owner as:
- Fee Simple
- Originally published on:
- February 18, 2026 8:36 pm
- Active on the market since:
- February 18, 2026
- Listing Agreement executed on:
- February 18, 2026
- Listing Status Last Changed On:
- February 18, 2026 8:36 pm
- Photos updated on:
- February 18, 2026 8:38 pm
- Last Modified:
- April 8, 2026 4:06 pm
- Courtesy of:
- RE/MAX SUNSHINE
- Attribution:
- 239-790-1177
- Road Surface Type:
- Concrete
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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