3 Bed Waterfront Home for Sale in Matlacha
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For SaleMLS# 2025020753

$439,000

3 Bed Waterfront Home for Sale in Matlacha

2631 Bayshore Drive, Matlacha, FL, 33993

3 beds2 baths1,326 sqft1 garage
GatedBoatingWaterfront

About this home

Welcome to 2631 Bayshore Drive, a classic Matlacha cottage that perfectly blends Old-Florida charm with the waterfront lifestyle this island is famous for. This beautifully maintained home offers three bedrooms, two bathrooms, and an inviting, open layout filled with natural light. The living room features a cozy fireplace, creating a warm focal point for gatherings. The kitchen and bathrooms have been thoughtfully updated, combining modern functionality with coastal style, while the home’s warm character and classic touches create a relaxing environment that instantly feels like home. Situated on a generous lot, the property offers an exceptional waterfront setup complete with a private boat dock and lift. From your backyard, you can step onto your boat and be cruising through Matlacha Pass within minutes, with direct access to the Gulf just pure boating convenience. Whether you enjoy fishing, island-hopping, or sunset cruises, this location is ideal for making the most of Southwest Florida’s world-class waters. A detached 1-car garage provides valuable storage and flexibility for island living, complementing the home’s effortless blend of charm and practicality. Living on Bayshore Drive places you right in the heart of one of Florida’s most colorful communities. You’re just a short walk or drive from Matlacha’s vibrant art galleries, quaint shops, waterfront restaurants, and beloved local attractions. The neighborhood offers a laid-back, welcoming atmosphere that captures the true spirit of island life.

Property details

Type
SingleFamilyResidence
Year built
1955
Interior
1,326 sqft
Lot size
7,971.48 sqft
Acreage
0.18 acres
Garage
1 car
Days on market
284
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,146/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
Southeast
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
Below marketThis home is priced below comparable recent sales, a potential value.
This home
$331/sqft
Comp median
$362/sqft
Difference
-9%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2685 Geary StreetDec 2025$355,0002/21,334$266
2781 Bruce StreetJun 2026$445,0002/31,272$350
4760 Pine Island RoadAug 2026$480,0004/41,284$374
11803 Island AvenueJan 2026$509,0002/21,323$385
Average4 comps$447,250$344

Market trends, Matlacha

Median list
$469,900
Median $/sqft
$480
Median sold (90d)
$480,000
Avg days on market
110
Active listings
23
Median sold price · Matlacha
$480,000last 3 monthsnot enough sold data to compare

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

Price & status history

Down $46,000 (9.5%) from the original list price.

Apr 1, 2026Price reducedfrom $475,000$439,000
Nov 20, 2025Listed$485,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1955 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
7.9 mi
Cape Coral Hospital
Beach
13.3 mi
Sanibel Island
Airport
13.3 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.