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.