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Property profile

4637/4639 Pine Island Rd Matlacha, FL 33993

OFF-MARKET
Retail properties & Spaces
0.31 ac lot Built 1940
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Property summary

AI-generated overview

This exceptional waterfront commercial property in the heart of historic Matlacha, Florida, presents a unique investment opportunity. Priced at $1,500,000, this compound comprises two parcels totaling 0.31 acres at 4637/4639 Pine Island Road NW. The property boasts 140 feet of direct waterfront access to Matlacha Pass and the Gulf of Mexico, less than two minutes from open water. The compound includes a substantial art gallery, a large studio (originally a two-bedroom home), and a cabana. Extensive outdoor space features a stage, gardens, and patios offering stunning views. While previously damaged by Hurricane Ian, the property has undergone remediation and is ready for redevelopment. Its prime location in Matlacha, recently recognized by TripAdvisor as a top travel destination, offers significant potential. The property's history and prominent location make it ideal for a variety of commercial uses, including a wedding venue or retail gallery, capitalizing on Matlacha's growing tourism. Note that this sale includes only the real estate

Property profile

Verified
Property type Retail properties & Spaces
Year built 1940
Lot 0.31 ac (13,504 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4637/4639 Pine Island Rd Matlacha, FL 33993
Matlacha metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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