2606 Second Street $995,000
Exceptional Investment Opportunity in Matlacha – Waterfront Five-Plex with 6%+ ROI Potential
Discover a rare chance to own a prime piece of Matlacha’s historic charm with the potential for a 6% or higher return on your investment. Nestled in the heart of this iconic old Florida fishing village, this fully renovated five-unit waterfront property offers a unique combination of solid income, future development potential, and the laid-back lifestyle that defines Matlacha.
Property Highlights:
• Five Turnkey Waterfront Apartments: Completely updated and in excellent condition—ready for immediate rental or personal use.
• Strong Income Stream: Currently generating between $50,000–$55,000 annually, with room for growth.
• Double Boat Dock: Spacious dock perfect for boaters, anglers, or simply enjoying the peaceful water views.
• Unforgettable Sunsets: Relax every evening with stunning west-facing sunsets right from your deck.
• Build Your Dream Home: Take advantage of consistent rental income while planning your custom stilt home on this waterfront lot. Although located in a historic area, Second Street is not within the officially designated historic district, meaning you’re free to build without restrictive guidelines—ideal for elevated construction with flood protection.
Matlacha is one of the last untouched gems of old Florida, known for its vibrant art scene, world-class fishing, and tight-knit coastal community. This property offers far more than just a smart investment—it’s an invitation to embrace a unique way of life.
Don’t miss this waterfront treasure—schedule your showing today!
General Amenities
Interior Amenities
Exterior Amenities
Landscape Amenities
Community Amenities
- Beds
- 5
- Baths
- 5.00
- Lot Acres
- 0.08
- Year Built
- 1952
- Heat
- Central,Electric
- Roof
- BuiltUp,Flat
Virtual Tour
2606 Second Street
Matlacha, Florida 33993
United States
Matlacha, Florida 33993
United States
Subdivision: CROWS OF MATLACHA
County: Lee
Sale Type: For Sale
Ref #: 225006202
Last Updated: Tuesday, 17 June 2025 04:38
Category: Multi-Family
Listed by Select Realty Associates, Inc.
- Beds
- 5
- Baths
- 5.00
- Lot Acres
- 0.08
- Heat
- Central,Electric
- Cooling
- CentralAir,Electric
- Roof
- BuiltUp,Flat
- Year Built
- 1952
- Frontage
- Yes
- Beds
- 5
- Baths
- 5.00
- Lot Acres
- 0.08
- Year Built
- 1952
- Heat
- Central,Electric
- Roof
- BuiltUp,Flat
Virtual Tour
2606 Second Street
Matlacha, Florida 33993
United States
Matlacha, Florida 33993
United States
Subdivision: CROWS OF MATLACHA
County: Lee
Sale Type: For Sale
Ref #: 225006202
Last Updated: Tuesday, 17 June 2025 04:38
Category: Multi-Family
Listed by Select Realty Associates, Inc.