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Renovated Waterfront Triplex
For Sale
$529,000

4874 Pine Island Road NW, Matlacha, FL 33993

ResidentialIncome, Matlacha, FL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market574

Property Features for 4874 Pine Island Road NW

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description C-1
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2
Patio and Porch features Patio
Pets allowed Yes
Exterior features Courtyard, Fence, Patio
Fencing Fenced
Subdivision MATLACHA
Lot features Rectangular Lot
Standard status Active
APN 24-44-22-01-00003.0040
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PINE ISLAND FILL SUBD BLK 3 PB 8 PG 86 LOT 4
Tax Annual Amount 3725
Legal Description PINE ISLAND FILL SUBD BLK 3 PB 8 PG 86 LOT 4

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public
Water front 1

Amenities

shared laundry room
wooden deck

Building Details

Year built 1942
Floors in Building 1
Number of units 3
Flooring type Laminate
Building materials VinylSiding, WoodFrame
Roof type Metal
Architectural style Ranch
Listing Agency: Ideal Homes Realty LL
Listed By: Jose Serrat · License #279594445
Added: Feb 25, 2025 Changed: Sep 21 Last Checked: Sep 22 at 7:06AM
MLS# 225020614

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1942 ranch-style triplex contains three renovated units with new flooring, kitchen cabinets, and appliances. The property also includes shared laundry facilities, laminate flooring, central heating and cooling, a metal roof, vinyl siding, and a fenced courtyard with patio space. Public water and sewer serve the property, and the units are reported fully occupied.

The 0.114-acre property is located at 4874 Pine Island Road NW in Matlacha, Florida. Direct Gulf access is available through Matlacha Pass, with a wooden deck providing an outdoor waterfront area. Matlacha Community Park is within walking distance, and Yucatan Waterfront Bar and Grill is directly across the road. Publix Super Market is a short drive away.

Key Highlights

  • Three‑unit triplex reported fully occupied
  • 0.114‑acre property at 4874 Pine Island Road NW, Matlacha, FL 33993
  • Renovated units with new floors, kitchen cabinets, and appliances

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Furniture & Home Goods Hair Salon Catering Service Nail Salon Law Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby

Demographics for 33993, FL

29,848
Population
13,098
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
92%
High-School Grad
43.7 sq mi
ZIP Area
683
Density / Sq Mi
$89,220
Median Household Income
$41,871
Median Earnings
$2,057
Median Rent
$319,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three updated residences feature new flooring, kitchen cabinetry, appliances, and shared laundry facilities.
Where is this triplex located?
The property is located at 4874 Pine Island Road NW Matlacha, FL.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Three‑unit triplex reported fully occupied; 0.114‑acre property at 4874 Pine Island Road NW, Matlacha, FL 33993; Renovated units with new floors, kitchen cabinets, and appliances
More about this property
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