Exceptional Investment Opportunity in Matlacha Waterfront Five Plex with 6%+ ROI Potential Discover a rare chance to own a prime piece of Matlachas historic charm with the potential for a 6% or higher return on your investment. Nestled in the heart of this iconic old Florida fishing village, this fully renovated five unit waterfront property offers a unique combination of solid income, future development potential, and the laid back lifestyle that defines Matlacha. Property Highlights: Five Turnkey Waterfront Apartments: Completely updated and in excellent conditionready for immediate rental or personal use. Strong Income Stream: Currently generating between $50,000$55,000 annually, with room for growth. Double Boat Dock: Spacious dock perfect for boaters, anglers, or simply enjoying the peaceful water views. Unforgettable Sunsets: Relax every evening with stunning west facing sunsets right from your deck. Build Your Dream Home: Take advantage of consistent rental income while planning your custom stilt home on this waterfront lot. Although located in a historic area, Second Street is not within the officially designated historic district, meaning youre free to build without restrictive guidelinesideal for elevated construction with flood protection. Matlacha is one of the last untouched gems of old Florida, known for its vibrant art scene, world class fishing, and tight knit coastal community. This property offers far more than just a smart investmentits an invitation to embrace a unique way of life. Dont miss this waterfront treasureschedule your showing today!