2 Bed Waterfront Home for Sale in Matlacha, FL, $475,000
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For SaleMLS# 2026033202

$475,000

2 Bed Waterfront Home for Sale in Matlacha, FL, $475,000

2623 2nd Street, Matlacha, FL, 33993

2 beds2 baths0 sqft
BoatingWaterfront

About this home

Tucked in the heart of Matlacha — a colorful, historic fishing village and one of Southwest Florida’s most beloved weekend and snowbird destinations — this classic 1950s duplex offers a rare combination: authentic Old Florida character with real, flexible income potential. Anglers, artists, and island seekers have made this stretch of Pine Island a year-round draw, and this property is built to capture it. The layout offers genuine flexibility for a new owner: live in one side and rent the other for steady supplemental income, or lease both units for a fully income-producing investment property. The duplex has demonstrated success running both models — a long-term tenancy on one side alongside active short-term/vacation rental income on the other. The configuration allows the property to adapt as your plans change. This is not another cookie-cutter Florida property. It is a waterfront Matlacha duplex in a destination known for its brightly colored cottages, locally owned restaurants, art galleries, live music, fishing, boating, kayaking, and relaxed island atmosphere. Guests and tenants can experience the charm of village life while remaining conveniently connected to Pine Island, Cape Coral, Fort Myers, and the surrounding Southwest Florida communities. The waterfront setting and dock access add another layer of appeal for boaters, anglers, paddlers, and vacationers searching for an authentic coastal experience. Morning coffee by the water, afternoons exploring Matlacha Pass, and evenings enjoying fresh seafood and live entertainment are all part of the lifestyle this property can help provide. Properties with this much character, direct gulf access, and rental flexibility are increasingly difficult to find in Matlacha. Whether you are searching for a Southwest Florida investment property, a waterfront duplex, a seasonal escape, or a home that can help offset its own expenses, this property deserves serious consideration. Own a piece of historic Matlacha, generate income, and enjoy the laid-back island lifestyle that continues to draw visitors and residents back year after year. Schedule your private showing and explore the possibilities this distinctive waterfront property offers.

Property details

Type
Duplex
Year built
1950
Interior
Not specified
Lot size
3,528.36 sqft
Acreage
0.08 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,650/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
Not specified
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee

Amenities

BoatDockBoatRampPark

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Market trends — Matlacha

Median list
$496,950
Median $/sqft
$456
Median sold (90d)
$375,000
Avg days on market
102
Active listings
22
Median sold price · Matlacha
$410,000last 3 monthsnot enough sold data to compare

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1950 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
7.8 mi
Cape Coral Hospital
Beach
13 mi
Sanibel Island
Airport
13.1 mi
Page Field (Fort Myers)
Shopping
8.3 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.