OFF MARKET

Off Market Dec 2014 for $360K

$847,210

Est. refi paymentEst. refi $1,375/mo

•

—

sq ft

4689 Pine Island Rd NW, Matlacha, FL 33993

About this home

PRIME Historical Site Zoned Commercial. Tons of Potential - Value Add Opportunity. .. .. .. . BEAUTIFUL BAY FRONT VIEWS !!! . .. 2 BOAT DOCKS. .. 10,000 lb BOAT LIFT. .. 140 FEET OF ROAD FRONTAGE IN DOWNTOWN MATLACHA . .. .. .. .140 FEET OF SEAWALL. .. . METAL ROOFS IN 2006.. .. HEATED SWIMMING POOL ADDED IN 2002.. .. Annual gross rental income of $62k Net income of $34k with tremendous opportunity for additional income. 2 Story Duplex, Cottage/Bungalow, Single Family Home. .. .. Potential for Restaurant, Retail, Motel, Mixed uses, Additional Units, etc. .. .. .. .. .. .. .. .. * * * * Seller Will Hold A Second Mortgage For $100k with FLEXIBLE/CREATIVE TERMS * * * * EXTRA LARGE PARKING LOTS. .. .. .. Current rental rates are: $150/night, $850/week, $2,400/month

Multi-familyProperty Type

1946Year Built

0.53 acresLot Size

Listed by William Noah • RE/MAX Alliance Group

Listed by Brady McGuire • Re/Max Palm Realty

Bought with William Noah • RE/MAX Anchor Realty

Redfin checked: a few seconds ago

•Source:FORTMLS #214061657

Redfin Estimate

$847,210

$487K since sold in December 2014$60K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 37.9% higher than the average sale price ($614K) of 6 comparable homes.

SOLD MAY 22, 2026
$565,000
A
4 beds3 baths2,747 sq ft
11845 Lady Anne Cir, Cape Coral, FL 33991
SOLD MAY 22, 2026
$575,000
B
3 beds2 baths2,095 sq ft
11883 King James Ct, Cape Coral, FL 33991
SOLD JUL 30, 2026
$679,000
C
3 beds2.5 baths2,345 sq ft
11809 Royal Tee Ct, Cape Coral, FL 33991
SOLD AUG 25, 2026
$835,000
D
4 beds3 baths2,577 sq ft
11781 Lady Anne Cir, Cape Coral, FL 33991
SOLD APR 15, 2026
$585,000
E
3 beds2 baths2,169 sq ft
11687 Lady Anne Cir, Cape Coral, FL 33991
SOLD JUL 16, 2026
$447,500
F
3 beds2 baths1,631 sq ft
2531 SW 28th Pl, Cape Coral, FL 33914

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Market trends in 33993, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

97.8%

+0.2% MoM

Median sale price

$366K

$942 MoM

Avg. days on market

87d

15 days MoM

Recently sold homes

396

6 MoM

New listings for sale

NEW 3 HRS AGO
$430,000
4 beds3 baths3,006 sq ft
930 NW Juanita Pl, Cape Coral, FL 33993
NEW 7 HRS AGO
$319,500
4 beds2 baths1,828 sq ft
2833 NW 20th Ave, Cape Coral, FL 33993
NEW 10 HRS AGO
$450,000
4 beds2 baths1,830 sq ft
4133 NW 39th Ave, Cape Coral, FL 33993
NEW 12 HRS AGO
$1,225,000
3 beds3 baths2,249 sq ft
4327 NW 22nd St, Cape Coral, FL 33993
NEW 30 HRS AGO
$499,000
3 beds2.5 baths1,993 sq ft
2602 NW 20th Ter, Cape Coral, FL 33993
NEW 32 HRS AGO
$345,000
4 beds2 baths1,613 sq ft
1219 NW 15th Ter, Cape Coral, FL 33993
OPEN SUN, 1PM TO 5PM
$380,000
3 beds2 baths1,441 sq ft
1113 Embers Pkwy W, Cape Coral, FL 33993
OPEN SAT, 1PM TO 3PM
$479,000
4 beds2 baths2,041 sq ft
3315 NW 1st St, Cape Coral, FL 33993
NEW 1 DAY AGO
$439,900
4 beds2 baths1,830 sq ft
1306 NW 18th St, Cape Coral, FL 33993
3D WALKTHROUGH
$359,000
4 beds2 baths1,868 sq ft
805 Whispering Pines Rd, Cape Coral, FL 33993
See all

Provided by Redfin

Sale history for 4689 Pine Island Rd NW

Date

Event

Price

FORTMLS #223052663

Jan 31, 2024

Listing Removed

—

Sep 27, 2023

Price Changed

$799,999

Jul 20, 2023

Price Changed

$888,888

Jul 19, 2023

Listed

$849,000

FORTMLS #218008860

Sep 27, 2018

Listing Removed

—

Apr 17, 2018

Relisted

—

Feb 8, 2018

Listing Removed

—

Jan 30, 2018

Listed

$999,000

FORTMLS #214061657

Mar 26, 2015

Price Changed

$360,000

Dec 17, 2014

Sold

$360,000

Nov 21, 2014

Listing Removed

—

Nov 21, 2014

Price Changed

$399,900

Nov 6, 2014

Listed

$399,900

Public Records

Dec 19, 2014

Sold

$360,000

Public Records

May 6, 2009

Sold

$475,000

Public Records

Oct 5, 1993

Sold

$155,000

Public Records

May 26, 1987

Sold

$140,000

Year

Property tax

Land + Additions

Assessment*

2025

$6,533 (+4.1%)

2024

$6,274 (+101.0%)

2023

$3,122 (−51.9%)

2022

$6,486 (+15.0%)

2021

$5,639 (−0.5%)

2020

$5,670 (+0.3%)

$200,800 + $160,957

$361,757

2019

$5,653 (+3.0%)

$200,800 + $150,463

$351,263

2018

$5,486 (+8.6%)

$200,800 + $150,463

$351,263

2017

$5,052 (+9.7%)

$182,550 + $125,112

$307,662

2016

$4,604 (+12.4%)

$182,550 + $125,112

$307,662

2015

$4,096 (−16.1%)

$182,550 + $86,652

$269,202

2014

$4,883

Tax history for 4689 Pine Island Rd NW

Year

Property tax

Land + Additions

Assessment*

2025

$6,533 (+4.1%)

2024

$6,274 (+101.0%)

2023

$3,122 (−51.9%)

2022

$6,486 (+15.0%)

2021

$5,639 (−0.5%)

2020

$5,670 (+0.3%)

$200,800 + $160,957

$361,757

2019

$5,653 (+3.0%)

$200,800 + $150,463

$351,263

2018

$5,486 (+8.6%)

$200,800 + $150,463

$351,263

2017

$5,052 (+9.7%)

$182,550 + $125,112

$307,662

2016

$4,604 (+12.4%)

$182,550 + $125,112

$307,662

2015

$4,096 (−16.1%)

$182,550 + $86,652

$269,202

2014

$4,883

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.54 Acres

Year renovated

1988

Sq. Ft.

850

Year built

1946

Style

Multi-Family (5+ Unit)

County

Lee County

APN

24442202000000260

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 16, 2026.

C-1

Commercial District

The purpose and intent of the C-1 district is to regulate the continuance of commercial and select residential land uses and structures lawfully existing in the C-1 district as of August 1, 1986, and as originally permitted by the County Zoning Regulations of 1962, as amended, and 1978, as amended, respectively. Subsequent to February 4, 1978, no land or water shall be rezoned into the C-1 district, unless located within the mixed use overlay as identified on Lee Plan Map 1, Page 6. In no case shall new development be permitted in any existing C-1 district which is not consistent with the Lee Plan.

Permitted uses

Include but are not limited to:

Gas station
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Hotel / motel
Mixed use
Office
Medical office

Property details

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 4

Laundry Information
Features: Common Area

Interior Features
Window Features: Single Hung
Flooring: Carpet

Multi Unit Information
# Of Buildings: 4

Multi Unit Financial Information
Gross Scheduled Income: $61,810
Operating Expense: $27,908.68

Exterior

Building Information
Roof Details: Metal
Construction Details: Aluminum Siding, Wood Frame

Exterior Features
Exterior Features: Courtyard, Patio, Storage
Patio And Porch Features: Patio
Other Structures: Outbuilding

Pool and Spa Information
Has Private Pool
Pool Features: In Ground, Community

Lot Information
Lot Size Area: 0.53
Lot Size Acres: 0.53
Lot Size Dimensions: 140 x 99 x 190 x 227
Lot Dimensions Source: Appraiser
Lot Size Source: Appraiser
Lot Features: Oversized Lot
Is Waterfront
Waterfront Features: Bay Access, Seawall
Zoning Description: C-1

Property Information
Resale

Financial

Tax Information
Annual Tax Amount: $5,075
Tax Year: 2013

Rental Information
Tenant Pays: Departure Cleaning, Pet Deposit, Telephone
Pets Allowed Details: Call, Conditional

Utilities

Utility Information
Utilities: Cable Available
Sewer: Public Sewer
Water Source: Public

Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Wall Furnace

Location

HOA Information
Association Amenities: Boat Dock, Laundry, Pier, Pool, Storage

Community Information
Community Features: Boat Facilities

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 850
Stories: 2.0
Lot Size: 0.54 acres
Style: Multi-Family (5+ Unit)
Year Built: 1946
Year Renovated: 1988
County: Lee County
APN: 24442202000000260

Home facts updated by county records on Jul 16, 2026

Around this home

Schools

Pine Island Elementary School

Public PreK-5 • Assigned • 2.7mi

8/10

Trafalgar Middle School

Public 6-8 • Assigned • 3.5mi

6/10

Ida S. Baker High School

Public 9-12 • Assigned • 4.4mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

10/10 Heat Factor

7 days above 107° expected this year, 27 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Matlacha, FL • 33993

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 6.7 hours in December, placing it above the U.S. average for solar exposure.

9.4 hrs

6.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$419,500

5 beds4 baths3,140 sq ft

4707 SW 8th Pl, Cape Coral, FL 33914

$610,000

6 beds4 baths2,538 sq ft

3812-3814 SE 11th Ave, Cape Coral, FL 33904

$399,000

6 beds4 baths2,234 sq ft

5527 Judith Rd, Bokeelia, FL 33922

VIDEO TOUR

$525,000

5 beds4 baths2,606 sq ft

227-225 Cape Coral E, Cape Coral, FL 33904

$439,900

5 beds4 baths— sq ft

5820 Algiers St, Fort Myers, FL 33919

$479,900

6 beds4 baths2,416 sq ft

4934-4932 Viceroy Ct Unit 1-2, Cape Coral, FL 33904

New listings for sale in 33993

NEW 3 HRS AGO

$430,000

4 beds3 baths3,006 sq ft

930 NW Juanita Pl, Cape Coral, FL 33993

NEW 7 HRS AGO

$319,500

4 beds2 baths1,828 sq ft

2833 NW 20th Ave, Cape Coral, FL 33993

NEW 10 HRS AGO3D WALKTHROUGH

$450,000

4 beds2 baths1,830 sq ft

4133 NW 39th Ave, Cape Coral, FL 33993

NEW 12 HRS AGO

$1,225,000

3 beds3 baths2,249 sq ft

4327 NW 22nd St, Cape Coral, FL 33993

NEW 30 HRS AGO3D WALKTHROUGH

$499,000

3 beds2.5 baths1,993 sq ft

2602 NW 20th Ter, Cape Coral, FL 33993

NEW 32 HRS AGO3D WALKTHROUGH

$345,000

4 beds2 baths1,613 sq ft

1219 NW 15th Ter, Cape Coral, FL 33993

OPEN SUN, 1PM TO 5PM

$380,000

3 beds2 baths1,441 sq ft

1113 Embers Pkwy W, Cape Coral, FL 33993

OPEN SAT, 1PM TO 3PM

$479,000

4 beds2 baths2,041 sq ft

3315 NW 1st St, Cape Coral, FL 33993

NEW 1 DAY AGOVIDEO TOUR

$439,900

4 beds2 baths1,830 sq ft

1306 NW 18th St, Cape Coral, FL 33993

Home values near 4689 Pine Island Rd NW

Data from public records.

Address	Redfin Estimate
4706 Pine Island Rd NW, Matlacha, FL 3 Beds \| 3 Baths \| 1400 Sq. Ft.	$594,308
4733 Pine Island Rd NW, Matlacha, FL 2 Beds \| 2 Baths \| 1749 Sq. Ft.	$672,701

Address	Redfin Estimate
4697 Pine Island Rd NW, Matlacha, FL 3 Beds \| 2 Baths \| 1461 Sq. Ft.	$563,990
4707 Pine Island Rd, Matlacha, FL 3 Beds \| 2 Baths \| 1838 Sq. Ft.	$655,887

Address	Redfin Estimate
4660 Pine Island Rd NW Apartment C, Matlacha, FL 2 Beds \| 2.5 Baths \| 1008 Sq. Ft.	$351,459
4724 Pine Island Rd NW, Matlacha, FL 2 Beds \| 2 Baths \| 1805 Sq. Ft.	$514,931

Property information provided by FORTMLS when last listed in 2014. This data may not match . Learn more.

More real estate resources

Zip Codes
Cities
Popular Searches

Join us

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for rent in Matlacha	Agents near me	Sarasota, FL homes for sale	Matlacha Housing Market
Houses for sale near me	Orlando, FL homes for sale	Fort Lauderdale, FL homes for sale
Land for sale near me	Tampa, FL homes for sale	Boca Raton, FL homes for sale
Open Houses near me	Miami, FL homes for sale	Matlacha Property Records
Condos for sale near me	Jacksonville, FL homes for sale	FL New Listings

Cape Coral homes for sale
Fort Myers homes for sale
Punta Gorda homes for sale