$245,000
2 Bed Waterfront Home for Sale in Pine Island Cove, FL
7281 Cobiac Drive, St James City, FL, 33956
About this home
GULF ACCESS VIA BOAT LIFT-within minutes you are out to Pine Island Sound and the Gulf. This lovely 2/2 home is on a canal located in beautiful Pine Island Cove 55+ community with heated saltwater pool, hot tub, boat ramp, clubhouse, fish cleaning station, picnic pavilion, dog park, pickleball, bocce ball, shuffleboard and lots of activities for everyone. Home has a vaulted ceiling, large storeroom, a 10x30 family room built on the back of the property overlooking the water. You own your land, and the HOA fee is only $160.00 per month. This is a great place to live near shops and restaurants, walking trails. A short boat ride to the beach at Cayo Costa, Sanibel or Captiva. Some of the best fishing in SW Florida.
Property details
- Type
- ManufacturedHome
- Year built
- 1987
- Interior
- 936 sqft
- Lot size
- 5,140.08 sqft
- Acreage
- 0.12 acres
- Garage
- None
- Days on market
- 37
- Total association fees
- $1,920/yr (~$160/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,430/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
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 7316 Cobiac Drive | Mar 2026 | $225,000 | 2/2 | 934 | $241 |
| 4858 Sandpiper Drive | Nov 2025 | $234,000 | 2/2 | 784 | $298 |
| 7020 Drum Drive | Apr 2026 | $197,000 | 2/2 | 948 | $208 |
| Average | 3 comps | $218,667 | $249 |
Market trends — St James City
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 $16,000 (6.5%) from the original list price.
| Apr 17, 2026 | Sold | $229,000 |
| Jan 13, 2026 | Listed | $245,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1987 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- 55+ age-restricted community
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
Similar homes nearby
$225,000
MLS# 20250156713851 Coconut Drive, St James City, FL, 33956
$215,000
MLS# 2026029762830 SW 48th Terrace 3, Cape Coral, FL, 33914
$284,500
MLS# 2025021474912 SW 48th Terrace 208, Cape Coral, FL, 33914
$280,000
MLS# 2026025799902 SW 48th Terrace 103, Cape Coral, FL, 33914
$239,000
MLS# 2026031635808 Cape Coral Parkway 201, Cape Coral, FL, 33914
$249,900
MLS# 20260048811004 SW 48th Terrace 203, Cape Coral, FL, 33914
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.