House in Matlacha, FL 33993Crows, 4741/4743 NW Pine Island Rd
Closed






3
Beds31/2
Baths2,896
SqFt$190
$/SqFtHigh-End HouseProperty Type
1980Year Built
$190/SqFtPrice per sq ft
BayView
YesWaterfront
Ranch, Florida, Single FamilyStyle
An incredible 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 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.
Listing Courtesy Of: Coldwell Banker Sunstar Realty
Local Realty Services Provided By: Best of Luxury Realty
Updated: 409 Days agoPage Views: 0
Features
MLS Number: 225062207
Bedrooms
- Bedrooms: 3
Bathrooms
- Bathrooms: 3
- Half Bathrooms: 1
Exterior and Lot Features
- Exterior Features: Boat Ramp, Courtyard
- View: Bay
Interior, Heating and Cooling
- Interior Features: Smoke Detectors, Walk-In Closet(s)
- Equipment / Appliances: Electric Cooktop, Disposal, Double Oven, Dryer, Refrigerator, Washer
- Heating Description: Central Electric
- Cooling Description: Ceiling Fan(s), Central Electric
Building and Construction
- Floor Description: Laminate, Tile, Wood
- Windows/Treatment: No info
- Construction Type: House
- Year Built: 1980
- Style: Ranch, Florida, Single Family
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
Other Property Info
- Garage: No info
- Pets Allowed: Yes
Taxes, Fees & More
- Maintenance Includes: None
- Taxes: 6231.76
- Security Information: Smoke Detector(s)
- Parking Description: No info
- Total Floors in Building: 1
- Total Units in Building: 1
Apples-to-Apples Comparables
Price History
Current
$550K
High
$600K
Low
$550K
Total Change
-8.3%Date
Event
Price
Change
Price Per
09/18/2025
Sold
$550K
0%$190 ft2
$2,044 m2
09/18/2025
Price Reduced
$550K
-8.33%$190 ft2
$2,044 m2
07/09/2025
Listed
$600K
$207 ft2
$2,230 m2
09/18/2025
$550K
Event
Sold
Change
0%Price Per
$190 ft2
$2,044 m2
09/18/2025
$550K
Event
Price Reduced
Change
-8.33%Price Per
$190 ft2
$2,044 m2
07/09/2025
$600K
Event
Listed
Price Per
$207 ft2
$2,230 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Andrew Reese • Coldwell Banker Sunstar Realty • Buyer Agency Compensation .
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Community Snapshot
1 – 2 BR
Bedrooms
$409K – $440K
Price Tier
480 - 2,896
SqFt Range
1956
Year Build
1
Total Floors
Subdivision Amenities
Community Boat Ramp
Community Gulf Boat Access
Fishing Pier
Park
Restaurant
See Remarks
Community Boat Dock
Community Boat Ramp
None
See Remarks
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