Rare opportunity in the heart of the Matlacha Historic Districta beautifully renovated waterfront duplex uniquely configured with five bedrooms, five bathrooms, and individual efficiency style kitchenettes. While officially classified as a duplex, the interior layout offers exceptional flexibility: each bedroom suite functions as an independent studio style unit, creating an attractive income producing property with five rentable studios. The building has been freshly updated throughout, and the furnishings and interior dcor are nearly brand new. Guests and tenants enjoy ample on site parking and a wind protected central courtyard that adds privacy and charm. Located directly on open saltwater with immediate boating access, the property features a double boat dock and generous outdoor seating areas overlooking the water. Positioned perfectly on the sunset facing side, the dock and rear terrace capture breathtaking Florida sunsets that define the Matlacha lifestyle. This is a truly exceptional locationright in the center of Matlachas Historic District, walkable to shops, art galleries, restaurants, and waterfront attractions. Properties with this combination of charm, income strength, and direct water access rarely come to market. Ideal for investors seeking a proven revenue property, or for buyers wanting a flexible use waterfront home with built in income potential. A standout opportunity in one of Southwest Floridas most iconic and sought after waterfront communities.