Exceptional prime commercial or single-family home potential to own a rare waterfront parcel in the heart of Matlacha! Situated on over a ¼-acre, this unique property offers breathtaking 360-degree views of Matlacha Pass, Little Pine Island Nature Preserve, and the charming historic fishing village of Matlacha. Enjoy spectacular sunrises and unforgettable sunsets from this prime island location. A true blank canvas for development, this property also presents excellent commercial potential with its desirable C-1 zoning. Whether you envision building a custom waterfront dream home, creating a multi-unit income-producing property, establishing a live/workspace, or developing a boutique commercial venture, the possibilities here are extensive. Zoned C-1, this parcel allows for a variety of residential and commercial uses—ideal for investors, builders, or visionaries looking to capitalize on Matlacha’s vibrant and growing community. Walking distance to popular restaurants, art galleries, boutiques, and local seafood markets, this location blends island charm with convenience. Surrounded by world-class fishing, nearby Gulf beaches, and direct access to the Gulf of Mexico, the lifestyle appeal is unmatched. With ample space for parking and potential dockage, this property offers the chance to create something truly special in one of Southwest Florida’s most sought-after waterfront destinations. A structure currently exists on the property and is not habitable.