Matlacha Homes under $500,000

Matlacha Homes under $500,000

Welcome to Matlacha, Florida, a vibrant and colorful gem nestled in Lee County. Known for its unique blend of charming art galleries, quaint shops, and stunning waterfront views, Matlacha is a haven for those seeking a laid-back lifestyle infused with creativity and natural beauty. This small island community is renowned for its fishing and boating opportunities, making it a paradise for water enthusiasts and nature lovers alike.

Matlacha is not just a picturesque destination; it also offers a variety of homes under $500,000, making it an ideal choice for first-time buyers, retirees, or anyone looking to invest in a slice of paradise. Whether you’re searching for a cozy bungalow with a view of the water or a charming cottage tucked away in a lush tropical setting, Matlacha has something to suit every taste and budget.

The community's vibrant spirit is reflected in its annual events, including the popular Matlacha Art Show and the lively local music scene. Residents enjoy a friendly atmosphere, where neighbors become friends and every sunset paints the sky with breathtaking colors.

With its affordable housing options and a lifestyle that embraces both relaxation and adventure, Matlacha offers the perfect opportunity to own a piece of Florida's beautiful coastline. Discover your dream home in this enchanting community, where every day feels like a vacation and the possibilities are as endless as the Gulf of Mexico. Come and experience the magic of Matlacha today!

Newest Matlacha Homes under $500,000

2691 Geary ST, Matlacha
$495,000
2 Beds ⋅ 1 Baths ⋅ 2026047712 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 ST, Matlacha
2629 Coco Plum DR, Matlacha
$285,000
1 Beds ⋅ 1 Baths ⋅ 2026046971 MLS
TWO PARCELS, ONE INCREDIBLE ISLAND OPPORTUNITY! ADJACENT VACANT LOT NOW INCLUDED! Discover your own slice of Old Florida paradise in the heart of Matlacha, where colorful island charm, spectacular fishing, and endless boating adventures are part of everyday life! This beautifully remodeled and furnished waterfront cottage offers the perfect blend of coastal character, modern improvements, and an unbeatable location just seconds from open water. Whether you're searching for a personal island escape, weekend fishing retreat, or vacation rental investment, this property delivers an exceptional opportunity with the ADDED VALUE OF THE ADJACENT VACANT LOT INCLUDED IN THE PRICE! Step inside this inviting coastal getaway, thoughtfully refreshed and designed for easy, low-maintenance island living. Freshly painted inside and out in January 2026, the home features numerous upgrades, including a brand-new mini-split system, updated appliances with a new stove and updated fixtures. Built with durability in mind, the lower four feet of the interior feature resilient Hardie board, PVC trim, stainless steel fasteners, and closed-cell spray foam insulation for added protection and energy efficiency. A NEW METAL ROOF AND SEAWALL INSTALLED IN 2021 provide additional value. Outside, the laid-back waterfront lifestyle takes center stage! Enjoy the coastal breezes, relax on the lanai with included furnishings, or head out on the water at a moment's notice. Spend your mornings exploring the incredible fishing grounds of Southwest Florida, your afternoons cruising the surrounding waterways, and your evenings soaking in breathtaking island sunsets. AND HERE'S THE BONUS THAT MAKES THIS PROPERTY TRULY SPECIAL! The adjacent vacant lot directly to the west at 2637 Coco Plum (Parcel ID 24-44-22-05-00000.0870) is INCLUDED in the sale! This additional parcel opens the door to greater flexibility, with potential space for boat trailer storage, extra parking, outdoor entertaining, or future possibilities, subject to applicable regulations. Nestled in the heart of historic Matlacha, this property puts you amid one of Southwest Florida's most distinctive waterfront communities, known for its vibrant artistic spirit, eclectic island atmosphere, and world-class fishing. As Matlacha continues its revitalization, this charming waterfront retreat offers an exciting opportunity to become part of its next chapter. MORE LAND. MORE POSSIBILITIES. MORE ISLAND LIVING! Opportunities to own a remodeled waterfront cottage with an additional adjoining parcel don't come along every day. Bring your boat, embrace the island lifestyle, and make this Matlacha getaway your very own piece of paradise!

2629 Coco Plum DR, Matlacha
2605 1st ST, Matlacha
$440,000
2 Beds ⋅ 1.5 Baths ⋅ 2026045796 MLS
Your boat out back. Matlacha’s shops and restaurants nearby. A historic fisherman’s cottage to call your own. Completely renovated and fully furnished, this waterfront retreat blends classic island character with the comforts of an updated home. Direct Gulf access with no bridges puts Southwest Florida’s coastal waters within reach from your private dock and 10,000-pound boat lift. Spend the day fishing, cruising or exploring, then return for dinner nearby and a relaxed evening by the canal. Set on a waterfront corner lot, this two-bedroom cottage offers one full bath, one half bath and approximately 1,050 square feet of welcoming living space. Enjoy Matlacha’s distinctive mix of local shopping, art and dining, with near-by Pine Island and Cape Coral offering even more to explore. Looking for a personal getaway with rental potential? The furnished setup, waterfront amenities and island location create an appealing opportunity to explore, subject to applicable rental regulations. Make it your year-round home, seasonal escape or potential income-producing retreat—and make Matlacha’s waterfront lifestyle part of your next chapter.

2605 1st ST, Matlacha
2566 2nd ST, Matlacha
$425,000
2 Beds ⋅ 2 Baths ⋅ 2026043833 MLS
Gulf access, rental income, and the colorful charm of Matlacha—all in one property. This updated duplex features two 1-bedroom, 1-bath units just steps from the island’s shops, galleries, and restaurants. One unit currently has an annual tenant, while the other operates as a vacation rental, offering flexibility for an investor or an owner who wants to live in one side and rent the other. Both units feature stainless steel appliances, tile flooring throughout, and freshly painted interiors. The entire duplex underwent mitigation and updates in 2024. Side A features concrete or Durock wall surfaces, while Side B features fiber-cement board along the lower four feet of the walls. Side B has been used as a successful vacation rental for many years and has excellent reviews online with many renters returning to visit the island year after year. A private dock and Gulf access make it easy to enjoy the surrounding waterways, with a community boat ramp providing additional boating convenience. Whether you’re looking for an income-producing property, an island getaway, or a combination of both, this Matlacha duplex offers a compelling opportunity to make waterfront ownership work for you. Seller willing to offer financing to well qualified buyers.

2566 2nd ST, Matlacha
2607 Bayshore DR, Matlacha
$425,000
2 Beds ⋅ 2 Baths ⋅ 2026036494 MLS
This BEAUTIFUL island home offers direct access to the Gulf of Mexico, from your private boat dock! Boasting 2 bedrooms, a den, 2 full bathrooms, cathedral ceilings in the living room, and a kitchen with water views. New roof in 2021, impact windows and doors, and with the AC and kitchen appliances updated between 2022-2024, this home will provide major savings on utility bills and zero hassle for years to come. Choose this property for your perfect primary residence, second home, or as an Airbnb investment property where there is no HOA. The pride in ownership and tasteful design choices are guaranteed to make this a top contender. Can be sold furnished! Inquire now, and don't miss this excellent choice in the artsy island community of Matlacha- celebrated as a top destination within the Greater Fort Myers Area.  Schedule your private showing today!

2607 Bayshore DR, Matlacha
2623 2nd ST, Matlacha
$475,000
2 Beds ⋅ 2 Baths ⋅ 2026033202 MLS
Waterfront duplex in the heart of Matlacha. Live in one, rent the other, or run both as income properties. Two units, waterfront, direct gulf access. This setup gives you flexibility whether full-time, seasonal, or investment. This property has a rental track record, and the location puts you steps from Matlacha's restaurants, galleries, and incredible fishing. Start your morning with a paddle, grab fresh seafood nearby, and end the day on your own waterfront! Own a piece of historic Matlacha, generate income, and enjoy the laid-back island lifestyle that continues to draw visitors and residents back year after year. Schedule your private showing and explore the possibilities this distinctive waterfront property offers.

2623 2nd ST, Matlacha
11242 Matlacha AVE, Matlacha
$409,000
1 Beds ⋅ 1 Baths ⋅ 2026031165 MLS
Experience the Matlacha island lifestyle from this charming historic home featuring direct water access, impact windows, a private garage, and an oversized yard. Located directly across from Matlacha Park and the public boat launch, this property places you just steps from historic downtown Matlacha, waterfront restaurants, art galleries, local shops, fishing, kayaking, and open-water adventures. Inside, the home offers stainless steel appliances, easy-care tile flooring, updated electrical, and a newer Florida room with peaceful views of the surrounding natural scenery. Impact windows add valuable storm protection, energy efficiency, and peace of mind. The oversized yard is a rare find in Matlacha, providing space for outdoor entertaining, gardening, recreational equipment, or future improvements. The garage and additional bonus square footage offer even more flexibility for storage, hobbies, or customization. Whether you are searching for a full-time residence, seasonal Florida escape, weekend fishing retreat, or income-producing rental property, this home offers an exceptional combination of location, waterfront access, character, and opportunity. Homes with direct water access in the heart of Matlacha are difficult to duplicate. Schedule your private showing today and see why this unique island property deserves your attention.

11242 Matlacha AVE, Matlacha
2647 Pine ST, 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 ST, Matlacha
2650 Coco Plum DR, Matlacha
$335,000
1 Beds ⋅ 1 Baths ⋅ 2026008266 MLS
Located in the heart of Matlacha, this one-bedroom, one-bathroom waterfront cottage is the perfect place to live the Island lifestyle. It has a single garage with a hurricane-rated garage door. The roof was replaced in 2021, before Hurricane Ian. According to the information provided, the structure did not sustain roof damage during that storm. The home sits on a saltwater canal front that leads to the open waters of Matlacha Pass, Charlotte Harbor, and Pine Island Sound. The seawall, boat lift with canvas cover, and composite dock were installed in 2020. Matlacha is a coastal community positioned between Pine Island and the mainland, and the property is located near local dining establishments, retail shops, and art galleries.

2650 Coco Plum DR, Matlacha
2631 Bayshore DR, Matlacha
$439,000
3 Beds ⋅ 2 Baths ⋅ 2025020753 MLS
Welcome to 2631 Bayshore Drive, a classic Matlacha cottage that perfectly blends Old-Florida charm with the waterfront lifestyle this island is famous for. This beautifully maintained home offers three bedrooms, two bathrooms, and an inviting, open layout filled with natural light. The living room features a cozy fireplace, creating a warm focal point for gatherings. The kitchen and bathrooms have been thoughtfully updated, combining modern functionality with coastal style, while the home’s warm character and classic touches create a relaxing environment that instantly feels like home. Situated on a generous lot, the property offers an exceptional waterfront setup complete with a private boat dock and lift. From your backyard, you can step onto your boat and be cruising through Matlacha Pass within minutes, with direct access to the Gulf just pure boating convenience. Whether you enjoy fishing, island-hopping, or sunset cruises, this location is ideal for making the most of Southwest Florida’s world-class waters. A detached 1-car garage provides valuable storage and flexibility for island living, complementing the home’s effortless blend of charm and practicality. Living on Bayshore Drive places you right in the heart of one of Florida’s most colorful communities. You’re just a short walk or drive from Matlacha’s vibrant art galleries, quaint shops, waterfront restaurants, and beloved local attractions. The neighborhood offers a laid-back, welcoming atmosphere that captures the true spirit of island life.

2631 Bayshore DR, Matlacha
2500 Harbor View DR, Matlacha
$459,900
2 Beds ⋅ 1.5 Baths ⋅ 2025004776 MLS
FISHING ENTHUSIAST. DREAM ! Direct Gulf Access ! Own a Piece of Waterfront Paradise on Matlacha Island! This is a fisherman's dream just minutes from open water ! Welcome to island living at its finest! This beautiful 2-bedroom, 1.5-bath waterfront home offers direct Gulf access with no bridges—a true dream for boating and fishing enthusiasts. Located in the heart of vibrant Matlacha, this charming property is ideal as a full-time island retreat or a relaxing second home. Step out your back door to your private boat lift with a protective canopy, making it easy to hit the water anytime while keeping your vessel safe from the elements. Whether you're heading out for a day of fishing or a sunset cruise, your boating lifestyle starts right here. Inside, enjoy a cozy and open layout designed for easy coastal living. Outside, you're just minutes from local dining, shopping, art galleries, and live entertainment—everything that makes Matlacha one of Southwest Florida’s most beloved island communities. Don’t miss this rare opportunity to own true waterfront paradise with direct access to open water and premium boating features. Schedule your private showing today and start living the island life! This home has Impact windows and doors, New roof in 2021, Screen enclosure and screened carport 2022

2500 Harbor View DR, Matlacha
11476 May ST, 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 ST, Matlacha
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.

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