Waterfront Home for Sale in Cherry Estates
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For SaleMLS# 226030571

$235,000

Waterfront Home for Sale in Cherry Estates

3853 Cherry Lane, St James City, FL, 33956

- beds baths sqft
BoatingWaterfront

About this home

**Ready-to-Build Waterfront Investment on Cherry Lane — Saint James City, FL** Rare opportunity to step into build ready lot with plans for a high revenue rental property. The cleared lot boasts a brand new never used 13,000lb boat lift, new dock, new electric/water, and a recent survey and appraisal both for current value and projected value upon completion of the designed plans. Buyers will have the option to use the plans or design their own dream waterfront home. Additionally, the lot has a protected SW facing view with protected preserve directly across the canal. All work has been done professionally and fully permitted. This is one of the best fishing and boating communities in Florida, and from your new dock you're just a five-minute run out to the Gulf, adjacent to Sanibel Island, Captiva to the north, and Fort Myers Beach to the south. Not all lots are the same, drive by and you will see the difference and why the majority of active builds are on Cherry LN. Whether you're building your own island escape or adding a standout asset to your investment portfolio, 3853 Cherry Lane delivers the lot, the location, and the infrastructure to make it happen. **Property Highlights** - Cleared lot with high rental revenue build plans ready to go - Brand new, never-used 13,000lb boat lift with new dock - SW facing deep water canal with protected preserve view - Rare finger street with city water & sewer - 250V RV plug - Just a 5-minute boat run to the Gulf — Captiva and Sanibel to the north, Fort Myers Beach to the south - One of the best fishing and boating communities in all of Florida

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
3,963.96 sqft
Acreage
0.09 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,290/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Southwest
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Not specified
County
Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

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Market trends, Cherry Estates

Median list
$380,000
Median $/sqft
$347
Median sold (90d)
$500,000
Avg days on market
126
Active listings
15
Median sold price · Cherry Estates
$500,000last 3 monthsnot enough sold data to compare

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceModerate
Hospital
12.5 mi
HealthPark Medical Center
Beach
4.3 mi
Sanibel Island
Airport
15.1 mi
Page Field (Fort Myers)
Shopping
13.8 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.