Investor-Friendly Waterfront Gem in Matlacha – Appraised at $1.1M (Sept 2024)! Welcome to 4581 Redfish Point Road, a distinctive three-level stilt home on the private island of Porpoise Point, named for the dolphins often spotted in its surrounding waters. This architect-designed property features 3 bedrooms, 3.5 bathrooms, and a flexible layout ideal for personal enjoyment or income-generating short-term rentals. Each bedroom has its own ensuite, including a guest suite with private entry, wet bar, and balcony—perfect for hosting or use as a separate rental space. The home is equipped with a private elevator, EV-ready carport, and generous storage on the ground level. Inside, you'll find a gourmet kitchen, open-concept living area, and multiple balconies offering serene water views. Just steps from the “most fishingest bridge in the world, ” this home delivers prime access to fishing, dining, and the vibrant island lifestyle. With no rental restrictions beyond a 6-person occupancy cap (infants under 3 not included) and the freedom to self-manage, investors will appreciate the flexibility and earning potential. Plus, two small pets (under 25 lbs each) are welcome! Bonus: Dock permitting is underway, with construction expected in 2026, providing even greater long-term value.
