Commercial: MLS #A4682927 Cape Coral, FL $ 3,450,000
Commercial: MLS #A4682927
$ 3,450,000
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Commercial: MLS #A4682927

Cape Coral, FL, 33993
$ 3,450,000
Bedrooms-- Baths-- Sq 7,400

Monthly Estimate*

$ 21,242

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Commercial Property for sale in Cape Coral, FL

for $3,450,000. This 7,400 square foot building was built in 1999 on a lot size of 1.

An amazing opportunity to own a unicorn property with SO much potential and so many different options. Take advantage of this opportunity to build and expand upon current owner upgrades - this resort property is located in Matlacha, a renowned old Florida art and fishing village with easy access to Cape Coral, Pine Island and the multiple surrounding islands and also located directly on the Great Calusa Blueway - a 200 mile guided kayaking and paddling water trail. Matlacha is known for its Olde Florida community, tourism and some of the best fishing and boating right in your back yard, with endless views, a nature lover's paradise. Over 155 feet of water frontage, endless views, 5 boat slips (could be 6), magnificent potential and currently used as a short term vacation rental/hotel. Total Units: 12 units plus one office option(convertible to a 3rd bedroom in Unit 2 of the quad)and mirrors the 3-bedroom layout in Unit 3. Two buildings - Two-story building: 9 units (2× 2BR, 6× 1BR, 1 hotel room currently used as laundry), Single-story building: 1× 3BR, 1× 2BR, 2 studios, Square Footage: 7,400 SF (4,650 SF + 2,750 SF), Land: 1 Acre, direct waterfront, Zoning: multi-family / hotel. This was fully renovated in 2025 and is in spectacular condition - attention to detail in all upgrades and this entire property and each unit is spacious, with upscale decor and furnishings. Investment Highlights / Projected NOI (Year 1): $311,500 (Financial Overview and Proformas available upon request / Pro Forma Cap Rate: 6.9% / Revenue Potential: $550,000+ annually at 70% occupancy / ADR Growth: $180 - $210 projected over 5 years / Expansion Potential: Opportunity to add RV spots or tiny homes in the gravel area along the canal / convert laundry/office space to additional guest accommodations or amenities. Potential additional revenue streams include event hosting, day passes, boutique retail store, kayak rentals, bike rentals, jet ski rentals - additional detailed floor plans, unit information and financials available. All the work has been done and ready for a new owner! New financials available end of first quarter 2026, contact agent for private showing!

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Commercial Active

Price

$ 3,450,000

Property Type

Commercial

Taxes

$ 22,093

Style

Multi Family (5+)

Lot Size

1

Year Built

1999

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

A4682927

Features
General
Sewer Public Sewer
Heating Central Individual
Cooling Central Air Mini-Split Unit(s)
Utilities BB/HS Internet Capable
Possession Close Of Escrow
Appliances Dishwasher Refrigerator
Construction Materials Concrete
Year Built 1999
Levels Multi/Split
Property Subtype Multi Family (5+)
Tax Year 2024
Ownership Fee Simple
Waterfront Features Waterfront Bay/Harbor Intracoastal Waterway River Front
Accessibility Accessible Bedroom Accessible Common Area
Additional Parcels Description 13-44-22-01-00001.0200
County Lee
New Construction false
Property Type Commercial Sale
Status Active
Directions Pine Island Road and Burnt Store - head west on Pine Island Road north on Shoreview
City CAPE CORAL
Body of Water MATLACHA PASS
Number Of Units Total 12
MLS Area 33993 - Cape Coral
Lot Size Units Square Feet
Lot Size Square Feet 43254
Listing Terms Cash
Tax Annual Amount 22093
Property Condition Completed
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4682927
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 0420
Legal Description MATLACHA SHORES PB 10 PG 29 LOTS 18 + 19
Water View Canal
Water Access Type Canal - Freshwater
Water Access Y/N true
Water View Y/N true
Flood Zone Code ae
DockY/N true
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Waterfront
Water Source Public
Lot Size Area 43254
Foundation Details Slab
Number of Buildings 2
Building Area Total 7400
Lot Size Acres 1
Road Surface Type Concrete
Waterfront Y/N true
Road Frontage Type Access Road
Number of Lots 2
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* Excluded Features
List By
Re/Max Sunshine

Broker

char@remaxsunshine.com

Email

Affordability Calculator

$23,083
Per Month
92%
8%
0%
Monthly Principal & Interest
$21,242
Monthly Property Taxes
$1,841
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/30/2026$3,450,000 Listed Price

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