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Sold for $550,000
  • $550,000

    4741/4743 Pine Island Rd NW, Matlacha, FL 33993

    2beds
    2,896sqft
    Single Family Residence
    Built in 1980
    10,149 Square Feet Lot
    $576,800 Zestimate®
    $190/sqft
    $4,964 Estimated rent

    Home value

    $576,800

    $548,000 - $606,000

    $4,964/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: September 18, 2025 at 10:56am

    Listing Provided by:

    Andrew Reese 941-586-2460,

    COLDWELL BANKER SUNSTAR REALTY 941-575-2502

    Bought with:

    Non-Member Agent

    STELLAR NON-MEMBER OFFICE

    Source: Stellar MLS,MLS#: A4658207MLS LogoOriginating MLS: Port Charlotte

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Living room
    • Level: First
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Disposal, Dryer, Range, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Walk-In Closet(s)
    • Flooring: Laminate, Tile, Hardwood
    • Doors: French Doors, Sliding Doors
    • Windows: Window Treatments, Hurricane Shutters
    • Has fireplace: No
    Interior area
    • Total structure area: 3,296
    • Total interior livable area: 2,896 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Rear Porch
    • Has private pool: Yes
    • Pool features: Gunite, In Ground
    • Fencing: Masonry,Stone
    • Has view: Yes
    • View description: Pool, Water, Bay/Harbor - Full
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Full
    • Waterfront features: Bay/Harbor, Bay/Harbor Access, Boat Ramp - Private, Bridges - No Fixed Bridges, Sailboat Water
    Lot
    • Size: 10,149 sqft
    • Features: Cleared, FloodZone, Historic District, Level, Oversized Lot
    Details
    • Parcel number: 2444220200000.0200
    • Zoning: C-1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Courtyard,Florida,Other,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Stucco, Wood Frame
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Public, Sewer Connected

    Community & neighborhood

    Location
    • Region: Matlacha
    • Subdivision: CROWS 01 MATLACHA

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/18/2025Sold$550,000-8.3%$190/sqft
    Source: Stellar MLS #A4658207 Report a problem
    8/8/2025Pending sale$599,999$207/sqft
    Source: Florida Gulf Coast MLS #225062207 Report a problem
    7/9/2025Listed for sale$599,999-29.3%$207/sqft
    Source: SWFLMLS #225062207 Report a problem
    7/1/2025Listing removed$849,000$293/sqft
    Source: SWFLMLS #225013851 Report a problem
    2/13/2025Listed for sale$849,000-6.7%$293/sqft
    Source: SWFLMLS #225013851 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,306 -14.8%$310,090 -27.1%
    2024$6,232 +40.5%$425,289 +56.1%
    2023$4,436 -56.3%$272,400 -58.4%

    Find assessor info on the county website

    Neighborhood: 33993

    Nearby schools

    GreatSchools rating
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    Estimated market value$576,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $576,800