Rare waterfront opportunity in the heart of iconic Matlacha

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Home For Sale

2859 Cheryl Street

Matlacha, Florida 33993

Lee County

Waterfront: Yes

Community: MATLACHA

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$599,000 3 br, 2.0 bath 1575 sq. ft. 0.227 acres

Rare waterfront opportunity in the heart of iconic Matlacha, offering a true multi-generational floor plan with a full mother-in-law suite, all situated on two spacious lots with exceptional features throughout. With 128 feet of waterfront and direct Gulf access, the property includes a 7,000 lb covered boat lift with fish-cleaning station and a 2017 saltwater solar-heated pool with tanning ledge. The home provides two distinct living spaces-a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath mother-in-law suite-connected by a double-keyed interior door while still offering private exterior entrances, paved driveways, and covered parking. Interior features include two full kitchens with upgraded appliances and modern countertops, impact-resistant windows and doors, a shared enclosed lanai and pool area with individual sliding-door access, a common laundry room, and a large storage room. The home enjoys desirable southern exposure on the pool side, offering excellent natural light throughout the day. Outdoor highlights include a fully fenced yard with double gate, an RV-ready side yard with electrical hookups, and a 2020 roof. Beautiful canal views are preserved from both units, enhancing the appeal of both living spaces. *Transferable Flood Insurance Policy This property also offers outstanding rental flexibility and strong investment potential. The 1-bedroom suite is ideal for annual rentals, short-term rentals, or , and both units can be rented separately for maximum income. The layout is perfectly suited for multi-generational living or conversion to a single-family home with a private mother-in-law suite. Just minutes from your boat lift to Matlacha Pass, this exceptionally maintained property provides unmatched access to world-class fishing, boating, and the vibrant island lifestyle.

Interior:
  • Bedrooms: 3
  • Baths: 2.0
  • Sq Ft: 1575
  • Year Built: 1976
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Zoned, Electric (Heating), Central
  • Garage: Covered, Garage, RV, Driveway, Open, Carport
Exterior:
  • Lot Size: 0.227 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Block, Concrete, Stucco
  • Roof: Shingle
  • Property Taxes: $760
  • Swimming Pool: Yes
  • MLS #: 2026011667
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Contact Information:
Beach Home For Sale in Matlacha, Florida
Listing Agent: Traci Harrier, Uriami Realty LLC, 239-980-3963, 239-424-8605 Listing Site, Listing Status: Active
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7376670
Viewed 25 times.
Updated: Mar 09, 2026

This property is a Home located at 2859 Cheryl Street, Matlacha, Florida 33993, and is currently For Sale at $599,000. This Home has 3 bedrooms, 2.0 baths, 1575 sq ft.