$869,999
3 Bed Waterfront Home for Sale in Matlacha Isles
12277 Boat Shell Drive, Matlacha Isles, FL, 33991
About this home
Discover the ultimate Gulf-access lifestyle in this beautifully renovated Key West–style waterfront home in highly sought-after Matlacha Isles. Offering 3 bedrooms + den, 3 baths, and approx. 2,800 sq ft, this elevated concrete-block residence has never flooded and delivers the perfect blend of coastal charm, modern upgrades, and true boating convenience. Enjoy immediate, bridge-free access to the Gulf from your private dock, boat lift, and seawall - an absolute must-have for serious boaters. Hop on your boat right from the backyard and be out exploring islands, beaches, and open water in minutes. Inside, the home features impact doors/windows, storm shutters, a whole-home generator, and multiple balconies with peaceful canal views - ideal for sunrise coffee and sunset cocktails. Every detail is designed for effortless full-time living, seasonal enjoyment, or investment flexibility. The private first-floor suite is a major value booster, complete with its own entrance, kitchen, living area, bedroom, and bath. This turn-key apartment generates approx. $25,000/year as an Airbnb or serves as an ideal multigenerational retreat. Its covered porch is pre-wired and structurally reinforced for a Jacuzzi hot tub, adding a premium amenity that enhances both lifestyle and rental appeal. Located minutes from Matlacha’s vibrant waterfront village, you’re close to Blue Dog Bar & Grill, Miceli’s, Yucatan Waterfront Tiki Bar, The Perfect Cup, and Cape Coral’s shopping and entertainment. For buyers seeking a turn-key experience, the 2022 Scout 215 XSF boat and 2017 trailer are available for purchase separately, and furniture can be added as an optional package. These items are not included in the listing price. This home checks every box: direct Gulf access, elevated construction with no flood history, income potential, modern upgrades, and a prime Matlacha Isles location. A rare opportunity to secure the Southwest Florida waterfront lifestyle buyers dream about.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2009
- Interior
- 2,802 sqft
- Lot size
- 8,276.4 sqft
- Acreage
- 0.19 acres
- Garage
- None
- Days on market
- 177
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $12,180/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors, Shutters
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Based on the $/sqft of 6 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 3620 SW 4th Lane | Oct 2025 | $870,000 | 4/3 | 2,766 | $315 |
| 113 SW 34th Avenue | Jun 2026 | $870,000 | 4/3 | 2,766 | $315 |
| 16818 Prince Phillip Court | Nov 2025 | $875,000 | 3/3 | 2,720 | $322 |
| 2616 Lambay Court | Nov 2025 | $668,000 | 3/2 | 2,610 | $256 |
| 609 NW 38TH Avenue | Feb 2026 | $890,000 | 4/3 | 2,615 | $340 |
| 609 NW 39th Avenue | May 2026 | $859,900 | 4/3 | 2,650 | $324 |
| Average | 6 comps | $838,817 | $312 |
Market trends, Matlacha Isles
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $130,000 (13%) from the original list price.
| Jul 1, 2026 | Back on market | |
| Apr 18, 2026 | Price reducedfrom $949,999 | $869,999 |
| Jan 5, 2026 | Listed | $999,999 |
The good, the trade-offs & the location
- Built 2009 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- Storm protection: Impact Windows/Doors, Shutters
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.