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Renovated Waterfront Triplex
For Sale
$529,000

4874 Pine Island Road NW, Matlacha, FL 33993

MULTI_FAMILY - Ranch - Matlacha, FL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market528

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 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 3
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

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: Aug 5 Last Checked: Aug 7 at 12:06AM
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 triplex contains three fully occupied units on a 0.114-acre parcel in Matlacha. Each unit has been renovated with new flooring, kitchen cabinetry, and appliances, while a shared laundry room serves the property. The building features a metal roof, vinyl siding, laminate flooring, central heating and cooling, public water, and public sewer. A fenced perimeter, patio, and wooden waterfront deck add useful exterior features.

The property offers direct Gulf access through Matlacha Pass and is positioned across from Yucatan Waterfront Bar and Grill. Matlacha Community Park is within walking distance, while Publix Super Market is a short drive away. The triplex configuration supports continued rental use, with the current occupancy providing an established operating profile.

Key Highlights

  • Three‑unit triplex; all units are fully occupied
  • Each unit renovated with new flooring, kitchen cabinets, and appliances
  • Direct Gulf access via Matlacha Pass

Property Analytics

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

171
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

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 units share laundry and provide direct Gulf access through Matlacha Pass.
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; all units are fully occupied; Each unit renovated with new flooring, kitchen cabinets, and appliances; Direct Gulf access via Matlacha Pass
More about this property
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