Investor-Friendly Waterfront Gem in Matlacha – Appraised at $1.1M (Sept 2024)! Welcome to 4581 Redfish Point Road, a distinctive three-level stilt home on the private island of Porpoise Point, named for the dolphins often spotted in its surrounding waters. This architect-designed property features 3 bedrooms, 3.5 bathrooms, and a flexible layout ideal for personal enjoyment or income-generating short-term rentals. Each bedroom has its own ensuite, including a guest suite with private entry, wet bar, and balcony—perfect for hosting or use as a separate rental space. The home is equipped with a private elevator, EV-ready carport, and generous storage on the ground level. Inside, you'll find a gourmet kitchen, open-concept living area, and multiple balconies offering serene water views. Just steps from the “most fishingest bridge in the world, ” this home delivers prime access to fishing, dining, and the vibrant island lifestyle. With no rental restrictions beyond a 6-person occupancy cap (infants under 3 not included) and the freedom to self-manage, investors will appreciate the flexibility and earning potential. Plus, two small pets (under 25 lbs each) are welcome! Bonus: Dock permitting is underway, with construction expected in 2026, providing even greater long-term value.
TownhomeProperty Type
2007Year Built
2,404 sq ftLot Size
$322Est. Price/Sq.Ft.
2 spacesParking
Listed by Melissa Smith• Royal Shell Real Estate, Inc.
Listed by Michael McMurray• Royal Shell Real Estate, Inc.
Bought with Melissa Smith• Royal Shell Real Estate, Inc.
Bought with Michael McMurray• Royal Shell Real Estate, Inc.
This home features some of the best water views in the area, east exposure for beautiful sunrises. Decorator Furnished warm colors to accent the amazing water views. Your new home features a spacious kitchen, stainless appliances, lots of cabinets and quartz countertops. The dining room, living room, & kitchen have windows, & sliding glass doors overlooking the bay water views. There is also a 1 bedroom/office on the 2nd floor Enjoy a huge master bedroom and guest bedroom on the 3rd floor. Each unit comes with a private elevator, private dock and a boat lift can be added. This unit features tile throughout, quartz countertops, There are so many upgrades you will want to see this to appreciate the beauty of the water views and the unit. There is under cover parking and a downstairs workshop/storage at the entry. This project is getting ready to take off with 16 more units coming soon along with a community pool. The new units will be starting at a much higher price so this is your opportunity to jump in to this new development before the prices jump.
Year
Property tax
Land + Additions
Assessment*
2017
$8,954 (+430.1%)
$73,000 + $436,550
$509,550
2016
$1,689 (+39.5%)
$73,000 + $436,550
$509,550
2015
$1,211 (−1.0%)
$73,000
2014
$1,223
Tax history for 4581 Redfish Point Rd
Year
Property tax
Land + Additions
Assessment*
2017
$8,954 (+430.1%)
$73,000 + $436,550
$509,550
2016
$1,689 (+39.5%)
$73,000 + $436,550
$509,550
2015
$1,211 (−1.0%)
$73,000
2014
$1,223
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.