2 Bed Waterfront Home for Sale in Pine Island Cove
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SoldMLS# 2025024597

$135,000

2 Bed Waterfront Home for Sale in Pine Island Cove

7076 Drum Drive, St James City, FL, 33956

2 beds2 baths826 sqft
GatedPickleballBocceBoatingClubhouseCommunity Pool55+Waterfront

About this home

Waterfront Living in Pine Island Cove – 55+ Gulf Access Community Welcome to Pine Island Cove, a vibrant boating community in St. James City, where you own your home and your land. This charming waterfront home features a serene screened porch and a deck overlooking the canal—perfect for enjoying Southwest Florida’s sunsets and laid-back lifestyle. The home has been updated with new flooring and includes laundry hookups conveniently located in the storage shed. Enjoy direct Gulf access from your private community boat ramp—just five minutes to open water and world-class fishing in Pine Island Sound. Explore nearby islands like Sanibel, Captiva, and Cayo Costa, only accessible by boat. Community amenities include a heated saltwater pool and spa, fitness center, clubhouse, picnic area, dog park, bocce and pickleball courts, and boat/RV storage. With an HOA fee of only $160/month and optional boat/RV storage for just $50/year, this is Florida living at its best. Whether you're relaxing at the pool, launching your boat, or joining one of the many community clubs and activities, Pine Island Cove offers a lifestyle full of connection and adventure. Bring your boat, golf cart, and bikes—your paradise awaits! Call today for your private showing—this waterfront gem won’t last long.

Property details

Type
ManufacturedHome
Year built
1988
Interior
826 sqft
Lot size
6,185.52 sqft
Acreage
0.14 acres
Garage
None
Days on market
59
Total association fees
$1,920/yr (~$160/mo)
CDD
None
Est. taxes (1.4%)
$1,890/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
East
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public 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

RoadMaintenanceSewerStreetLights

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

Amenities

BocceCourtBoatDockBoatRampClubhouseBarbecueOtherPicnicAreaPickleballParkPoolRvBoatStorageSpaHotTubVehicleWashArea
At marketThis home is priced in line with comparable recent sales.
This home
$163/sqft
Comp median
$165/sqft
Difference
-1%

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

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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
7212 Drum DriveDec 2025$145,0002/2826$176
7270 Ladyfish DriveSep 2025$145,0002/21,012$143
4940 Pinfish LaneApr 2026$142,5002/2862$165
Average3 comps$144,167$161

Market trends, St James City

Median list
$434,500
Median $/sqft
$329
Median sold (90d)
$440,000
Avg days on market
142
Active listings
104
Median sold price · St James City
$445,000last 3 months2.3% vs $435,000 prior 3 months
Median closed price by month · St James City
2% MoM10.2% YoY
$215k$420k$625kJul ’25Aug ’26
$561,000Aug ’26 · 8 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 $30,000 (22.2%) from the original list price.

Mar 12, 2026Sold$105,000
Dec 13, 2025Listed$135,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1988 — 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
8.4 mi
Sanibel Island
Airport
15.1 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.