About This Home

This 2-bedroom, 2-bathroom multi-family at 2623 2nd Street in Matlacha, FL is listed for $475,000. Built in 1950, on a 0.08 acres lot.

Key Features

  • Built in 1950
  • 0.08 acre lot
  • Waterfront

Property Details

2 full
1950

Amenities

WaterfrontA/C
Listing Description

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.

Monthly Cost Estimate

$2,540/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139

Estimates only. Actual payments may vary.

Location

2623 2nd Street

Matlacha, FL 33993

CROWS 2ND PLAT OF MATLACHA

Property Details

Flooring

Tile

Construction

Block Concrete

Cooling

Wall Unit(s)

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 2623 2nd Street is listed at $475,000. The estimated monthly payment is $2,541 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.08 acre lot, Waterfront.

This property is listed by Stephen M. Longest and can be reached at 2392927442.

SL

Stephen M. Longest

License 258027486

Agent at Coldwell Banker Residential Re

(239) 292-7442

Listed by Coldwell Banker Residential Re · Broker phone: 239-275-5500 · View on Broker Site

MLS# 2026033202· Source: Florida Gulf Coast Multiple Listing Service, Inc.· 50 days on PropertySimple

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2623 2nd Street, Matlacha, FL 33993

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