Waterfront
Address
4637/4639 Pine Island Road NW, Matlacha, FL
Price
$ 1,500,000
Property Attributes
  • MLS#224021659
  • TypeCommercial
  • CountyLEE
  • CityMatlacha
  • AreaPI03 - Matlacha
  • Zip33993
  • StyleRetail
  • Year Built1940
  • Taxes$ 3822
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.31 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

An ICONIC compound that has been the heart of Matlacha for years - this is the world headquarters of Leoma Lovegrove and consists of two parcels - 4637 Pine Island Rd NW and 4639 Pine Island Rd NW total purchase price for both properties (business is not for sale), is $1.5 million and they must be sold together. Properties are joined via seawalls and docks and 140 feet of intersecting direct access frontage (less than two minutes out) to Matlacha Pass and the Gulf. This property was damaged during Hurricane Ian but was remediated and is a blank canvas. Located in the heart of historic Matlacha, this could be a wonderful wedding destination venue, retail gallery and so much more. This is such a rare property and a once in a lifetime chance to buy a piece of history! The compound consists of the art gallery, a large studio (originally a two bed home), cabana and an extensive outdoor area which includes a stage, gardens, patios and the most incredible views. Matlacha is on Trip Advisor's 25 top places to visit in 2023, and this gallery is consistently featured on their site and many others, both local and internationally. Matlacha is on its way to recovery and with only limited commercial space, thsi is an opporunity of a lifetime.

Price History
4/22/2024 Listed $1,500,000

General Features

Utilities Sewer Available
Year Built 1940
Property SubType Retail
Tax Year 2021
Business Type Other
Waterfront Features Canal Access,Intersecting Canal,Seawall
Business Name LEOMA LOVEGROVE GALLERY AND GARDENS
County Lee
Property Type Commercial Sale
Status Active
Directions Pine Island Road and Burnt Store Road - head west over the Matlacha bridge and property will be on the left hand side - look for the bright pink and green building.
City MATLACHA
Buyer Agent Compensation 2.5%
Zoning Description C-1
MLS Area PI03 - Matlacha
Waterfront Y/N Yes
Street Name Pine Island
Tax Annual Amount 3822.92
Property Condition Resale
Virtual Tour https://tours.realestatephotos360.com/s/idx/156015
Standard Status Active
Property Sub Type Additional Retail,Commercial,Special Purpose
PostalCity MATLACHA
Legal Description PINE ISLAND FILL SUBD BLK 2 PB 8 PG 86 LOTS 1 + 2 and CROWS 1ST.PLAT OF MATLACHA PB 0008 PG 0083 LOT 29

Interior Features

Total Stories 1
Street Suffix Road

Exterior Features

Fencing Yard Fenced
Lot Size Area 0.31
Canal Width Canal Width 81-120
Lot Size Acres 0.31
Lot Size Units Acres
Lot Size Source Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33993

Price
AVG $1.5M
$1.5M
Taxes
AVG $3,822
$3,822
Visits
AVG 24
23
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1940

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