2 Bed Waterfront Home for Sale in Pine Island Cove, FL
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SoldMLS# 2025000196

$285,000

2 Bed Waterfront Home for Sale in Pine Island Cove, FL

4920 Gulfgate Lane, St James City, FL, 33956

2 beds2 baths1,362 sqft
PickleballBocceBoatingFitness CenterClubhouseDog ParkCommunity Pool55+Waterfront

About this home

GULF ACCESS 2/2 home with direct access no bridges. This beautiful home is located in Pine Island Cove 55+ community where you own your land and the HOA is only $160.00 per month. This home has been completely remodeled with new roof, drywall thru out, new floors, new air conditioning, new cabinets with quartz counters, new bath rooms, three walk-in closets, new appliances. The master bedroom is extra large with two walk in closets. This community has a salt water pool & spa, boat ramp with GUlf ACCESS, picnic ares, dog run, fish cleaning station, bocce ball and pickleball. This home didn't have any water inside. It is located just a few minutes to some of SW Florida best fishing. Community is great place to live with lot of activities for everyone.

Property details

Type
ManufacturedHome
Year built
1982
Interior
1,362 sqft
Lot size
4,007.52 sqft
Acreage
0.09 acres
Garage
None
Days on market
222
Total association fees
$1,920/yr (~$160/mo)
CDD
None
Est. taxes (1.4%)
$3,990/yr
Flood zone (area est.)
Not available
Storm protection
Shutters
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Private Sewer
New construction
No
Pets
Call, Conditional
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

RoadMaintenanceSewerStreetLightsTrash

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BocceCourtBoatDockBoatRampClubhouseDogParkFitnessCenterLibraryBarbecuePicnicAreaPickleballParkPoolRvBoatStorageVehicleWashArea
Below marketThis home is priced below comparable recent sales — a potential value.
This home
$209/sqft
Comp median
$249/sqft
Difference
-16%

Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
5025 Curlew DriveFeb 2026$330,0002/21,210$273
4954 Needlefish LaneSep 2025$220,0002/21,429$154
4403 Lake Heather CircleMay 2026$340,0002/21,366$249
Average3 comps$296,667$225

Market trends — St James City

Median list
$434,950
Median $/sqft
$341
Median sold (90d)
$440,000
Avg days on market
140
Active listings
106
Median sold price · St James City
$440,000last 3 months1.2% vs $445,500 prior 3 months
Median closed price by month · St James City
29.6% MoM12% YoY
$215k$458k$700kJul ’25Aug ’26
$700,000Aug ’26 · 3 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $40,000 (12.7%) from the original list price.

May 15, 2026Sold$275,000
Jan 25, 2026Price reducedfrom $315,000$285,000
Jul 20, 2025Listed$315,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Shutters
Consider
  • Built 1982 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • 55+ age-restricted community
Location convenienceModerate
Hospital
11.1 mi
Cape Coral Hospital
Beach
8.7 mi
Sanibel Island
Airport
15.2 mi
Page Field (Fort Myers)
Shopping
11.9 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.