About Pine Island, Florida

Pine Island is a 17-mile-long stretch of land west of Cape Coral that includes the communities of St. James City and Bokeelia, with the community of Matlacha being just east, on a smaller island. This Island is typical of "old Florida," lifestyle, laidback and slow paced,and people are taking advantage of the lower prices in the real estate market to buy homes in this natural environment.

Through July 24, 57 waterfront single-family homes have sold in 2010 on the island with a high price of $1.07 million and a median price of about $260,000. In addition, 42 more off-water single-family homes, 12 condominium and 25 manufactured homes have sold. The respective median prices in those categories are $119,000, $190,000 and $115,000.

For Example, this home below is direct gulf access waterfront, located in Bokeelia, listed at $199,000.