Matlacha Homes under $500,000

Matlacha Homes under $500,000

Welcome to Matlacha, a charming island community nestled in the heart of Lee County, Florida. Known for its vibrant arts scene, stunning waterfront views, and a laid-back atmosphere, Matlacha offers a unique lifestyle that perfectly blends the beauty of nature with the warmth of a close-knit community.

As you explore this picturesque enclave, you’ll discover an array of delightful homes, particularly appealing for those seeking properties under $500,000. These affordable options provide an excellent opportunity for first-time buyers, retirees, or anyone looking to invest in a slice of paradise. Picture yourself waking up to the gentle sounds of nature, with the sun rising over the tranquil waters of Matlacha Pass.

The homes in this price range boast an eclectic mix of styles, from cozy cottages to charming bungalows, each brimming with character and inviting interiors. Many properties come with outdoor spaces perfect for entertaining or simply soaking in the stunning Florida sunsets. Additionally, the community is known for its friendly neighbors and a relaxed lifestyle that encourages outdoor activities such as fishing, kayaking, and exploring the nearby islands.

Matlacha is not just a place to live; it’s a lifestyle choice that promises both adventure and serenity. With its rich history, art galleries, and local eateries, you’ll find plenty to love about this vibrant community. Don’t miss your chance to call Matlacha home—where the beauty of Florida living awaits you!

Newest Matlacha Homes under $500,000

4278 Pine Island Road NW, Matlacha
$394,900
2 Beds ⋅ 1 Baths ⋅ 2026032067 MLS
MATLACHA CHARM ALERT! Sitting on the Dock of the Bay — the Best Seat in the House! Welcome to your slice of paradise! This fully remodeled and beautifully updated coastal cottage offers never-ending views of the water and breathtaking sunsets — right from your own backyard. Whether you’re dreaming of a laid-back island lifestyle or looking for a fantastic vacation rental (VRBO) opportunity, this home is pure perfection. Two cozy bedrooms, one stylish bath, and an unbeatable location for anyone whose heart belongs to the water — boating, fishing, or simply soaking in the coastal beauty. Rebuilt after Hurricane Milton, this gem features all-new everything — including a brand-new dock and boat lift! Cast your line right from your dock and enjoy endless panoramic views where dolphins, manatees, and sea life make regular appearances. This is more than a home — it’s an experience. A magical waterfront retreat that radiates light, charm, and carefree island vibes. Join the friendly fishing and boating community of Matlacha and start living your best life on the bay! Assumable and affordabel flood insurance!

4278 Pine Island Road NW, Matlacha
2742 Bruce Street, Matlacha
$464,900
3 Beds ⋅ 2 Baths ⋅ 2026026235 MLS
YOUR MATLACHA WATERFRONT DREAM STARTS HERE – FULLY RENOVATED 3+DEN / 2 BATH – DIRECT GULF ACCESS! ALL HURRICANE IMPACT WINDOWS AND NEW ROOF - all the work has been mdone for you! Imagine waking up every morning to the calm of the water, sipping your coffee while boats drift by and the island comes to life. This beautifully updated waterfront home is not just a place to live it is a lifestyle you’ve been waiting for. Located in the heart of Matlacha, this 3 bedroom plus den, 2 full bath residence has been lovingly refreshed with a completely redone kitchen and brand-new bathroom with tile throughout, creating a bright, modern space that feels both stylish and welcoming. The open layout invites you to gather, relax, and entertain with ease. The den offers the flexibility today’s buyers crave your home office, reading retreat, or extra space for visiting friends and family. Every room is filled with natural light, making the entire home feel warm and connected to the outdoors. Step outside and you are instantly on island time. The property sits on an oversized lot, providing ample space for outdoor living, and there’s plenty of room on the side of the house for RV or boat parking. With direct access to Matlacha Pass, your days can be spent fishing at sunrise, kayaking through quiet canals, or cruising to nearby waterfront restaurants for dinner. This is the Southwest Florida lifestyle simple, relaxed, and unforgettable. Waterfront homes like this rarely become available in Matlacha, especially ones that are fully renovated and move-in ready. If you have been waiting for the right home, this is it.

2742 Bruce Street, Matlacha
2567 Cay Cove, Matlacha
$399,000
2 Beds ⋅ 2 Baths ⋅ 2026025826 MLS
Classic Matlacha Cottage on an oversize lot with deep water access! This completely renovated 2-bedroom, 1.5 bath classic comes FULLY FURNISHED and is nestled right in the heart of Matlacha. Not only is this home surrounded by world-class fishing, pristine gulf beaches, incredible native wildlife, it is also within walking distance to everything Matlacha has to offer including art galleries, restaurants and shops. This perfectly renovated home is the definition of coastal chill and features wood plank ceilings, tile throughout, beautiful new kitchen complete with quartz countertops, updated electrical with raised outlets, DenseGlass wallboard throughout, new washer and dryer and new water heater. Enjoy the incredible Matlacha sunsets and native wildlife from the back patio that along with the seawall was replaced in 2019! Roof is also a 2019! Come see this home today and start Living the Island Life!

2567 Cay Cove, Matlacha
2691 Geary Street, Matlacha
$495,000
2 Beds ⋅ 1 Baths ⋅ 2026022664 MLS
WELCOME TO YOUR MATLACHA FISHING PARADISE! Just four homes from the channel, this DIRECT GULF ACCESS waterfront retreat offers the laid-back island lifestyle that makes Matlacha one of Florida's most beloved boating communities. Known for its colorful art galleries, waterfront restaurants, and "Old Florida" charm, Matlacha delivers a Key West vibe without the Key West price tag. For ANGLERS & BOATERS, the location simply doesn't get much better! Cast a line right from your backyard and reel in snook, snapper, grouper, trout, sheepshead, and countless other species. Watch dolphins and manatees cruise through the channel behind the home while enjoying your morning coffee, then head out to the Gulf and Boca Grande in approximately 20-30 MINUTES BY BOAT. The composite dock with 10K BOATLIFT and separate kayak launch make boating a breeze! This home is very low maintenance with a stone front yard which also doubles as additional parking for all of your toys! Come see today and start Living the Island Life! Recent improvements include a NEW 2025 roof featuring premium 165 MPH wind-rated shingles, upgraded aluminum carport roofing, a FULLY REMODELED bathroom, NEW kitchen island and lower cabinetry, NEW stove and refrigerator, TILE ALL THROUGHOUT, washer and dryer, and fresh interior paint. The home also features a unique flood-conscious wall system with waterproof PVC materials designed to simplify future maintenance and restoration. Whether you're looking for a full-time residence, seasonal escape, or investment opportunity, this property offers the perfect blend of island charm, boating convenience, and peace of mind.

2691 Geary Street, Matlacha
2647 Pine Street, Matlacha
$299,000
2 Beds ⋅ 1 Baths ⋅ 2026016983 MLS
Discover your slice of paradise in the quiet fishing town of Matlacha Island. This charming 2 bedroom 1 bath home offers the perfect blend of island character and modern comforts. This home is a boaters dream with direct access with wood dock and boat lift out back along with a kayak rack for those AirBNB guest or avid fishermen. Step inside to an open & split floor plan with plenty of light. Newer roof, New cabinets and A/C with tile flooring throughout. Whether you're looking for a full time residence, vacation getaway, or investment opportunity, this Matlacha waterfront gem!! Nestled in prime location and walking distance to shopping, art galleries and restaurants, and just a short drive to Cape Coral & Fort Myers, this is a true old Florida Living with modern day convenience. Seller has an assumable flood policy of $2,663 due annually

2647 Pine Street, Matlacha
2650 Coco Plum Drive, Matlacha
$349,000
1 Beds ⋅ 1 Baths ⋅ 2026008266 MLS
This canal front residential property is located at 2650 Coco Plum Drive in Cape Coral, Florida, within the Matlacha area of Lee County. The property sits along a saltwater canal that provides access to surrounding waterways consistent with local conditions and navigational regulations. Matlacha is a coastal community positioned between Pine Island and the mainland, known for its compact layout, waterfront setting, and connection to nearby fishing areas and barrier islands. The residence on the property is a single story cabin style home featuring one bedroom and one bathroom. A garage is included, offering enclosed parking and storage. The garage is equipped with a hurricane rated garage door designed to meet applicable wind resistance standards. The home is situated on a canal front lot with established shoreline improvements that support marine use. Along the water frontage, a seawall was newly constructed in 2020. A dock and boat lift were also installed in 2020, providing direct access to the canal. The boat lift includes a canvas cover, which offers protection for a vessel when not in use. Water depth, vessel suitability, and navigability should be independently verified by prospective buyers based on intended use and seasonal conditions. The roof of the home was replaced in 2021 prior to Hurricane Ian. According to the information provided, the structure did not sustain roof damage during that storm. Buyers are encouraged to conduct their own inspections to confirm the condition and remaining service life of the roof and all other improvements. The canal system connected to the property leads toward open water areas that are commonly used for boating and access to nearby fishing flats and coastal waters. The waterways also provide routes for traveling by boat to nearby islands and beaches, subject to local regulations, tides, and weather conditions. No representation is made regarding travel times or water conditions. The property is located within walking distance of local dining establishments, retail shops, and art galleries in Matlacha. The area is known for its locally owned businesses and pedestrian friendly layout. This setting allows residents to access nearby amenities without reliance on long drives while remaining connected to the broader Lee County region. Road access to the property is provided by Coco Plum Drive, a maintained residential roadway. Utilities serving the home are consistent with other residential properties in the area, though buyers should verify specific service providers and availability. Any future modifications, expansions, or changes in use should be reviewed with Lee County and applicable local agencies to ensure compliance with zoning, building, and environmental regulations. This property may be suitable for buyers seeking a small waterfront residence with established marine infrastructure in a coastal Florida community.

2650 Coco Plum Drive, Matlacha
4874 Pine Island Road NW, Matlacha
$499,000
4 Beds ⋅ 3 Baths ⋅ 225020614 MLS
TRIPLEX fully occupied! SELLER FINANCING AVAILABLE!! Welcome to your dream waterfront escape in Matlacha, a unique TRIPLEX boasting not only direct Gulf access but also a wealth of investment potential. This multi-family residence showcases 3 immaculate units. Each of them it's been meticulously renovated to offer comfort, style and functionality with brand new floors, new kitchen cabinets, appliances and a shared laundry room. The setup is perfect for those looking to live in one unit while embracing the financial benefits of renting out the other two, providing a smart way to manage retirement finances while enjoying the culture and community of a bustling waterfront locale. Step outside to discover the vinyl fence surrounding the premises and a solid metal roof for your peace of mind. Whether your passion lies in kayaking, world-class fishing, or simply soaking in the sun, this property has direct access to the Gulf via Matlacha Pass. The wooden deck is the perfect spot for catching snooks or indulging in the quiet joy of sipping the morning coffee. Your new income property is situated a leisurely stroll away from Matlacha community Park and directly across from the delightful Yucatan Waterfront Bar and Grill, perfect for evenings when cooking feels like too much of a chore. Not to mention, the nearby Publix Super Market ensures that all your daily needs are just a short drive away. Whether you are looking to enhance your lifestyle or expand your portfolio, this income property promises a blend of leisure and fiscal wisdom you won’t want to miss. Dive into this opportunity and let your investments dreams set sail in historic​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ Matlacha!

4874 Pine Island Road NW, Matlacha
11476 May Street, Matlacha
$355,000
2 Beds ⋅ 2 Baths ⋅ 225041016 MLS
Welcome to this opportunity in the charming and colorful fishing village of Matlacha! This waterfront property with direct Gulf access offers the perfect canvas for your coastal dream home. Located just minutes to the open water of Charlotte Harbor and easy boat ride to Cayo Costa, Boca Grande, Sanibel, Captiva, Ft. Myers Beach, all the outer islands and the Gulf waters providing some of the best fishing in all of SW Florida! The composite material dock with boat lift is ready for you to relax and enjoy the gorgeous Florida sunrises or sunsets!! This property provides a coveted lifestyle for boaters, anglers, and island lovers alike. This is an ideal project for investors, builders, or anyone ready to rebuild or renovate in one of Southwest Florida's most unique communities. Whether you're looking to restore the existing home or start fresh with new construction within this prime location, island life is ready for you!... Set up your showing appointment today and come check out this piece of paradise!!

11476 May Street, Matlacha
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