$350,000
2 Bed Waterfront Home for Sale in Cherry Estates, FL
3032 Bounty Lane, St James City, FL, 33956
About this home
Your own slice of WATERFRONT paradise in the highly sought-after Cherry Estates Waterfront Community in St. James City. Perfectly positioned on a beautifully landscaped corner lot, this fully furnished two-bedroom, two-bath home offers the relaxed island lifestyle you’ve been dreaming of. Inside, you’ll find a spacious open-concept great room that’s ideal for entertaining, along with an oversized primary suite featuring a large private bath. The home is truly move-in ready and includes everything you need—from the furniture and beds to the sofas, chairs, and TVs. Skylights fill the interior with natural light, while the durable metal roof provides lasting peace of mind. Step outside to enjoy your screened porch overlooking the saltwater canal, where you’ll experience the tranquility of waterfront living every day. With DIRECT GULF ACCESS from your backyard, you’ll be just minutes from some of Southwest Florida’s finest boating, fishing, shelling, and island-hopping destinations. Whether you’re heading out for a day on the water or enjoying a sunset cruise, this is a boater’s dream come true. Additional upgrades include a seawall replaced in 2018 and insulated carport panels for added comfort and functionality. Located in the charming fishing village of St. James City, you’ll love the laid-back island atmosphere, waterfront restaurants, nearby marinas, and endless opportunities to enjoy the natural beauty of Pine Island. Whether you’re looking for a seasonal retreat, full-time residence, or waterfront getaway, this home offers the perfect combination of comfort, convenience, and the true Florida waterfront lifestyle.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1987
- Interior
- 1,387 sqft
- Lot size
- 4,138.2 sqft
- Acreage
- 0.10 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,900/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
- Yes
- County
- Lee
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 3094 Harpoon Lane | Jun 2026 | $389,000 | 2/2 | 1,357 | $287 |
| 3112 Skipper Lane | May 2026 | $380,000 | 2/2 | 1,254 | $303 |
| 3121 Skipper Lane | Oct 2025 | $340,000 | 3/2 | 1,508 | $225 |
| Average | 3 comps | $369,667 | $272 |
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.
The good, the trade-offs & the location
- Waterfront
- Built 1987 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
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.
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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.