2 Bed Waterfront Home for Sale in Pine Island, FL, $349,900
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SoldMLS# 225053725

$349,900

2 Bed Waterfront Home for Sale in Pine Island, FL, $349,900

5388 Marina Drive, Bokeelia, FL, 33922

2 beds2 baths1,304 sqft2 garage
GatedBoatingWaterfront

About this home

For over 30 years, the current owners have lovingly cared for this enchanting Bokeelia retreat—and the moment you arrive, you’ll understand why it captured their hearts for over three decades. Set on a rare one-acre lakefront lot with wide-open skies, swaying palm trees and the soft whisper of Gulf breezes, this is the Florida lifestyle people dream about. Whether you’re a snowbird seeking a warm winter escape or looking to enjoy peaceful island living year-round, this is where serenity meets freedom—no HOA fees, no rental restrictions and no one telling you how to enjoy your slice of paradise. Sunsets shimmer over the lake and the pace of life slows just enough to let you savor it all. Welcome to Pine Island living at its finest. Inside, the home surprises at every turn with thoughtful updates and quality finishes that make daily life both beautiful and effortless. The kitchen is a standout, featuring 42” shaker-style wood cabinetry with dovetail construction, soft-close drawers and sleek quartz countertops—a stylish and functional space that makes cooking and entertaining a pleasure. The guest bath has been tastefully remodeled to match, offering a cohesive, fresh feel throughout. You’ll love the all-tile flooring—ideal for sandy feet, furry friends and easy cleanup after your island adventures. Cathedral ceilings, paired with natural light and an open layout, give the home a bright, airy feel that lives larger than expected. Plantation shutters add timeless charm, while newer IMPACT GLASS WINDOWS bring peace of mind and energy efficiency. The great room and dining area open to a covered lanai (new 2024), where you’ll enjoy morning coffee and sunsets. And when the skies turn stormy, electric hurricane shutters offer protection and peace of mind. Just beyond is an sundeck perfect for sunbathing, grilling or gathering with friends. There’s even more to love: BRAND NEW METAL ROOF, fresh exterior paint, large storage shed and extended driveway with plenty of room for your RV, boat, trailer or Florida toys. This is a neighborhood where you can truly live freely—garden, plant fruit trees or simply spread out and enjoy your space with few restrictions. Solid concrete block construction, newer IMPACT GLASS WINDOWS, ELECTRIC SHUTTERS, and a SUPER LOW TRANSFERRABLE FLOOD INSURANCE policy of just $1,434/yr provide peace of mind and storm-ready protection that’s hard to come by. Affordable Pine Island water and private septic to keep utility costs low and maintenance easy. Bokeelia is a DESTINATION LIKE NO OTHER—laid-back, welcoming and brimming with the quiet charm that makes Pine Island so beloved. From boating and world-class fishing to art galleries, island shops and fresh seafood served right off the dock, there’s always something to enjoy at your own pace. Opportunities like this don’t come along often—secure your slice of lakefront island paradise before someone else does.

Property details

Type
SingleFamilyResidence
Year built
1985
Interior
1,304 sqft
Lot size
43,124.4 sqft
Acreage
0.99 acres
Garage
2 car
Days on market
5
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,899/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
West
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee
At marketThis home is priced in line with comparable recent sales.
This home
$268/sqft
Comp median
$278/sqft
Difference
-4%

Based on the $/sqft of 5 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
11443 Flint LaneApr 2026$320,0003/21,172$273
5935 Trout RoadFeb 2026$325,0002/11,168$278
5802 Linden LaneAug 2025$342,5002/21,203$285
5839 Bonita RoadJul 2026$399,0002/21,132$352
5807 Cubles DriveAug 2025$325,0002/11,333$244
Average5 comps$342,300$286

Market trends — Bokeelia

Median list
$504,450
Median $/sqft
$346
Median sold (90d)
$399,000
Avg days on market
114
Active listings
76
Median sold price · Bokeelia
$400,000last 3 months6.9% vs $429,625 prior 3 months
Median closed price by month · Bokeelia
6.3% MoM
$273k$486k$700kAug ’25Jul ’26
$365,000Jul ’26 · 9 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 $19,900 (5.7%) from the original list price.

Jul 30, 2025Sold$330,000
Jul 12, 2025Listed$349,900

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1985 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceModerate
Hospital
10.6 mi
Cape Coral Hospital
Beach
13.3 mi
Sanibel Island
Airport
16 mi
Page Field (Fort Myers)
Shopping
10.9 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.