2 Bed Waterfront Home for Sale in Bokeelia
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SoldMLS# 226021816

$409,000

2 Bed Waterfront Home for Sale in Bokeelia

16427 Porto Bello Street, Bokeelia, FL, 33922

2 beds2 baths1,312 sqft1 garage
BoatingWaterfront

About this home

Boaters - this is the one you wait years for. A direct Gulf-access salt canal home on a wide, no-bridge canal with less than a 30-second boat ride to the open water, and a feature almost impossible to find anymore: a private, grandfathered-in boat ramp right on the property, so you launch and retrieve your own boat by trailer without ever leaving home or paying for storage. Sitting on an oversized 9,000 sqft lot (bigger than most on the street), this solid 1970 concrete-block home has been set up for the next owner to enjoy the water immediately. Recent improvements (2025) • Brand-new covered boat lift (awning needs replaced), installed 2025 • Brand-new pilings and wooden dock • All-new landscaping: 5+ palm trees and fresh sod • New paver driveway and new paver patio in back • Move-in-ready outdoor living right on the canal • New exterior shed for added storage Storm remediation - already done This home took on water during Hurricane Milton (2024) and has since been professionally remediated and rebuilt: • Drywall cut and removed to 3 ft, wood framing dried and treated • All-new insulation and new drywall throughout (finished, ready for paint) • Plumbing and electric fully on and working - no leaks, no issues • Roof and HVAC in good working order - no leaks or issues • New water heater The heavy lifting is done. The home just needs the finishing touches, and the out-of-state seller is tired of renovations: • Interior paint (drywall is finished, not yet painted) • New appliances • General cleanup Knock out cosmetic repairs and you've got a turnkey Gulf-access home with a private ramp - cannot beat the value! Why Bokeelia / North Pine Island Quiet, no-traffic-light island living on the north end of Pine Island. World-class fishing and boating, a short run to Charlotte Harbor, Boca Grande Pass, Cayo Costa, Cabbage Key, and the outer-island beaches. No HOA. Comparable nearby sales (same canal neighborhood, on the water, within ~2 miles) • 16401 Porto Bello St - 2 bd / 2 ba, 1,074 sqft. Sold $527,000, Jan 2024. Two houses down - very similar comp. • 16331 Porto Bello St - 2 bd / 1 ba, 775 sqft. Sold $440,000, Feb 2026. Smaller, one less bedroom, and substantially less land - destroyed by Hurricane Ian and sold in as-is condition MUCH worse than this home • 16341 Porto Bello St - 2 bd / 1 ba, 768 sqft. Listed at $499,000, a few houses down. Smaller house and smaller lot. Note: Sold as-is. Buyer to verify all measurements, flood zone, and insurance.

Property details

Type
SingleFamilyResidence
Year built
1970
Interior
1,312 sqft
Lot size
9,147.6 sqft
Acreage
0.21 acres
Garage
1 car
Days on market
29
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,726/yr
Flood zone (area est.)
Not available
Storm protection
None listed
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
Below marketThis home is priced below comparable recent sales, a potential value.
This home
$312/sqft
Comp median
$339/sqft
Difference
-8%

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
16040 Tortuga StreetJun 2026$480,0002/21,340$358
7841 Breakwater CourtJul 2026$330,0003/31,227$269
16751 Bocilla Palms Court 9Oct 2025$380,0002/21,122$339
Average3 comps$396,667$322

Market trends, Bokeelia

Median list
$499,000
Median $/sqft
$339
Median sold (90d)
$399,500
Avg days on market
113
Active listings
77
Median sold price · Bokeelia
$399,500last 3 months9.6% vs $442,125 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 $24,000 (5.7%) from the original list price.

Jul 1, 2026Sold$400,000
Jun 15, 2026Price reducedfrom $419,000$409,000
Jun 3, 2026Listed$424,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1970 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceModerate
Hospital
13.4 mi
Cape Coral Hospital
Beach
18 mi
Sanibel Island
Airport
18.1 mi
Punta Gorda Airport
Shopping
13.3 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.