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$165,000
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Property Description
Unrestricted Gulf Access Opportunity - Prime Location with Exceptional Potential This property presents one of the most coveted locations for true boating enthusiasts - direct Gulf access with no bridges, no locks, and no restrictions. From your backyard, the open waters of the Gulf of Mexico are just minutes away, offering an unparalleled lifestyle of freedom, adventure, and convenience that few properties can match. Set along a scenic canal in a highly desirable waterfront neighborhood, this parcel offers an incredible foundation for your future vision. The existing structure features two bedrooms and a storage shed, but it experienced flooding and hurricane-related damage. The property is both block construction and wood frame. Accordingly, most of the property's value lies in its irreplaceable location and unrestricted Gulf access. The dock and boat lift remain in their current, damaged condition by design - the owner was advised that repairing the existing structures would be far more cost-effective than starting from scratch, preserving both the permitting advantages and the site's established marine footprint. Though the Buyer and their agent are advised to look into these details to ensure they are aware of the pros and cons and only proceed once they feel they have all of the important legal and code requirement facts from a 3rd party, to confidently proceed and indemnify the Seller from liability. This is an exceptional opportunity for those with foresight - a discerning buyer who recognizes that the rarest value in Southwest Florida real estate isn't always in what stands, but in where it stands. With direct passage to open water, breathtaking sunsets, and the promise of a waterfront paradise rebuilt exactly to your vision, this property represents the essence of location-driven investment. This can be a great "fixer-upper" for those with construction skills, or a tear down for someone who understands the value of the location and wants to start fresh. The Seller is ready for your offer.
Full Property Details
Full Property Details for 3940 Coconut Dr
General
- Sold For: $165,000
- Taxes: (2024)
- Status: Closed
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2025016143
- Added to Site: 89 day(s) ago
Interior
- Interior Features: Split Bedrooms, Family Room
- Fireplace: Yes
- Furnishings: Unfurnished
- Flooring: Laminate, Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Dining - Family
- Laundry: Washer/Dryer Hookup
Additional Information
- Shared Amenities: None, Boating
Exterior
- Exterior Features: Water Avail at Dock, Storage
Location
- Area: PI02 - Pine Island (South)
- County: Lee
- Subdivision: CHERRY ESTATES
- Building Name: CHERRY ESTATES
- Direction Faces: South
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Wall Unit, Fireplace(s)
Utilities
- Sewer: Central
- Water: Central
- Utility Description: Cable Not Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Wood Frame, Vinyl Siding
- Roof: Shingle
- Windows: Single Hung, Sliding, Window Coverings
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 660
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 660 Sq. Ft.
- Year Built: 1970
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.094
- Lot Size (Sq. Ft.): 4,094
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 51 x 52 x 91 x 92
- Frontage Feet: 51
- Irrigation System: Central
- Lot Features: Irregular Lot
- Zoning: MH1
- Lot Description: Irregular Lot
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Canal Front, Seawall
- Canal Width: Canal Width 31-80
- Boat Dock Slip: Yes
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Single Family
- Legal Description: TRAILERHAVEN PB 12 PG 35 LT 181 + ELY 9 FT LT 180
- Property ID: 02-46-22-10-00000.1810
- Section: 2
- Lot Number: 181
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Schools
Schools serving 3940 Coconut Dr
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Pine Island Elementary School 5360 Ridgewood Drive, Bokeelia, FL 33922 | K-5 | 8.2 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 7.7 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 9.5 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 10.5 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 7.6 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 10.3 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 12.6 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 12.3 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 13.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3940 Coconut Dr
Date
Details
Price
Change
Source
12/19/2025
Sold
$165,000
-5.71%
MLS
10/20/2025
Listed
$175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3940 Coconut Dr, Saint James City, FL 33956 (MLS# 2025016143) is a Single Family property that was sold at $165,000 on December 19, 2025. Want to learn more about 3940 Coconut Dr? Do you have questions about finding other Single Family real estate for sale in Saint James City? You can browse all Saint James City real estate or contact a Coldwell Banker agent to request more information.

