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Key Details
Property Type Multi-Family, Commercial
Sub Type Lodging and Hospitality: Economy/Limited Service,Multi-Family: 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2026007082
HOA Y/N No
Year Built 1999
Annual Tax Amount $22,093
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Lodging and Hospitality: Economy/Limited Service,Multi-Family: 5+ Units
Source Florida Gulf Coast
Property Description
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 / 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!
Location
State FL
County Lee
Area Pi03 - Matlacha
Zoning RM-2
Interior
Inclusions Building And Land, Business, Equipment, Fixtures, Furniture, Inventory, Trade Name
Exterior
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Removal, Water Available
Waterfront Description Bay,Seawall
Private Pool No
Building
New Construction No
Others
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