12200 Shoreview Dr Unit 210 Cape Coral, FL 33993
Property details
About 12200 Shoreview Dr Unit 210
An amazing opportunity to own a unicorn property with SO much potential and so many different options. Take advantage of this opportunity to build and expand upon current owner upgrades - this resort property is located in Matlacha, a renowned old Florida art and fishing village with easy access to Cape Coral, Pine Island and the multiple surrounding islands and also located directly on the Great Calusa Blueway - a 200 mile guided kayaking and paddling water trail. Matlacha is known for its Olde Florida community, tourism and some of the best fishing and boating right in your back yard, with endless views, a nature lover's paradise. Over 275 feet of water frontage, endless views, 5 boat slips (could be 6), magnificent potential and currently used as a short term vacation rental/hotel. Total Units: 13 units plus one office option(convertible to a 3rd bedroom in Unit 2 of the quad)and mirrors the 3-bedroom layout in Unit 3. Two buildings - Two-story building: 9 units (2× 2BR, 6× 1BR, 1 hotel room currently used as laundry), Single-story building: 1× 3BR, 1× 2BR, 2 studios, Square Footage: 7,400 SF (4,650 SF + 2,750 SF), Land: 1 Acre, direct waterfront, Zoning: multi-family / hotel. This was fully renovated in 2025 and is in spectacular condition - attention to detail in all upgrades and this entire property and each unit is spacious, with upscale decor and furnishings. Investment Highlights Asking Price: $4,500,000 / Projected NOI (Year 1): $311,500 (Financial Overview and Proformas available upon request / Pro Forma Cap Rate: 6.9 percent / Revenue Potential: $550,000+ annually at 70 percent occupancy / ADR Growth: $180 - $210 projected over 5 years / Expansion Potential: Opportunity to add RV spots or tiny homes in the gravel area along the canal / convert laundry/office space to additional guest accommodations or amenities. Potential additional revenue streams include event hosting, day passes, boutique retail store, kayak rentals, bike rentals, jet ski rentals - please contact your Agent for additional detailed floor plans, unit information and financials. All the work has been done and ready for a new owner!
Highlights
Summary
- Appliances: Other
- Interior: Other
- Private Pool: Yes
- Waterfront: Canal
- View: Water
- Exterior: Storage
- Heating: Central
- Cooling: Central Air
- List Price: $4,500,000
- Price/SqFt: $608
- HOA Amount: $0
- Directions: Located in Matlacha, a renowned Old Florida art & fishing village Surrounded by dining, kayaking, boutique shopping, and art galleries Strong tourism, boating, and seasonal rental demand Easy Road and boat access to Cape Coral, Pine Island
- Year Built: 1981
- Living Area: 7,400 SqFt
- Lot Size: 0.34 Acres
- MLS Number: A4654649
- MLS Name: MFRMLS
- Office Name: RE/MAX SUNSHINE
- Listing Agent: Char Seuffert
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Price information
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Nearby schools
8
Oasis Elementary Charter School-North
Public Charter KG-5
1.9 mi
•2817 SW 3rd Ln
7
Trafalgar Elementary School
Public District KG-5
3.2 mi
•1850 SW 20th Ave
3
Pine Island Elementary School
Public District KG-5
3.5 mi
•5360 Ridgewood Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,030. Residents of Cape Coral, FL typically earn between $35k-100k each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
Frequently asked questions
About 12200 Shoreview Dr Unit 210
The listing price of 12200 Shoreview Dr Unit 210 property is $4,500,000.
The property 12200 Shoreview Dr Unit 210 is a multi located in Cape Coral, Florida, 33993.
Active Listing: 12200 Shoreview Dr Unit 210 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12200 Shoreview Dr Unit 210 are: Oasis Elementary Charter School-North (GreatSchools Rating 8/10), Trafalgar Elementary School (GreatSchools Rating 7/10), Pine Island Elementary School (GreatSchools Rating 3/10), Trafalgar Middle School (GreatSchools Rating 7/10), Mariner Middle School (GreatSchools Rating 4/10), Oasis Charter Middle School (GreatSchools Rating 8/10), Mariner High School (GreatSchools Rating 3/10), Oasis Charter High School (GreatSchools Rating 7/10), Ida S. Baker High School (GreatSchools Rating 4/10).
The property 12200 Shoreview Dr Unit 210 is 7,400 SqFt (source: MLS/tax record).
The year of construction for 12200 Shoreview Dr Unit 210 is 1981.
This home is located at 12200 Shoreview Dr Unit 210 in Cape Coral, FL and zip code 33993 in the Matlacha Isles / Matlacha Shores neighborhood. This 7,400 square foot home, which was built in 1981, sits on a 0.34 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $4,500,000.