About 3940 Coconut Dr
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.
Features of 3940 Coconut Dr
MLS® # | 2025016143 |
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Price | $175,000 |
Bedrooms | 2 |
Bathrooms | 1.00 |
Full Baths | 1 |
Square Footage | 660 |
Acres | 0.09 |
Year Built | 1970 |
Type | Residential |
Sub-Type | Single Family Residence, Single Family |
Style | Ranch, Single Family |
Status | Active |
Community Information
Address | 3940 Coconut Dr |
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Area | PI02 - Pine Island (South) |
Subdivision | CHERRY ESTATES |
City | ST. JAMES CITY |
County | Lee |
State | FL |
Zip Code | 33956 |
Amenities
Amenities | None |
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View | Canal |
Is Waterfront | Yes |
Waterfront | Canal, Seawall |
Has Pool | No |
Interior
Interior Features | Fireplace, Window Coverings |
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Heating | Wall Unit |
Cooling | Wall Unit(s) |
Fireplace | Yes |
Exterior
Exterior | Concrete Block, Wood Frame, Vinyl Siding |
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Exterior Features | Water Avail at Dock, Storage |
Lot Description | Irregular Lot |
Windows | Window Coverings |
Roof | Shingle |
Construction | Concrete Block, Wood Frame, Vinyl Siding |
Additional Information
Date Listed | October 20th, 2025 |
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Zoning | MH1 |
Foreclosure | No |
Short Sale | No |
Listing Details
Office | RE/MAX Trend |
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