Property profile

4225-4227 Pine Island Rd Matlacha, FL 33993

OFF-MARKET
Land
0.19 ac lot
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Property summary

AI-generated overview

This exceptional 0.191-acre bayfront lot in Matlacha, Florida (Lee County, zip code 33993), located at 4225-4227 Pine Island Road NW, presents a unique investment opportunity. Recently cleared, filled, and graded, this property is ready for immediate development. Zoned C-1, it allows for the construction of either commercial buildings or residential homes. The lot boasts stunning views overlooking Matlacha Pass, a rare find in this desirable location. Previous approvals for a residential home and waterfront cottage exist, offering potential for a similar development. Matlacha's charming atmosphere, known for its fishing and art community, ensures excellent rental potential. The property's convenient location between Pine Island and Cape Coral provides easy access to a variety of activities, including kayaking, biking, fishing, shopping, and fresh seafood restaurants, all within walking distance. This is the largest available lot for sale in Matlacha, making it an exceptional opportunity for building a new home or commercial venture in this thriving coastal community. The property is easily accessible from Cape Coral via Pine Island Road. The asking price is $549,000.

Property profile

Verified
Property type Land
Lot 0.19 ac (8,320 SF)

Cap rate & NOI

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

Location

4225-4227 Pine Island Rd Matlacha, FL 33993
Matlacha metro
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Value estimations

Realmo proprietary · 4 methods
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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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