Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3500 Tropical Point Dr Saint James City, FL 33956

    Sponsored
    For Sale
    $35,000

    LAND - FL

    Lot size:
    0.31 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 7 at 4:06 pm

    Property Features for 3500 Tropical Point Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Brush
    APN
    23-45-22-01-00002.0310
    Lot size
    0.31 Acres

    We can help!

    Listing Contact
    Romana Gavrinev

    Coldwell Banker Residential Re (239) 945-1414

    Listing agent Romana Gavrinev (239) 565-2624 License #258034498

    Listing date Feb 6, 2026

    MLS# 2026006771

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Saint James

    This property is located in a residential neighborhood in Saint James City. The 0.31-acre lot is within walking distance of a boat ramp and a park featuring a small beach area. Local restaurants and shopping are in close proximity. The location allows for launching a boat or kayak to explore local waters. Dog parks are also located nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Dental Office Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom Bar & Pub Food Market Garden Center Bed & Breakfast Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint James City
    County
    Lee
    State
    Florida
    Longitude
    -82.084277
    Latitude
    26.547062

    Nearby Similar for Sale

    • $475,000
      0.23 Acres

      Waterfront Double Lot Paradise

      Two contiguous buildable lots with direct Gulf access.
      3977 Coconut Dr, Saint James City, FL 33956
      View Details
    • $699,000
      0.18 Acres

      Waterfront Duplex in St James

      Remodeled waterfront duplex with Gulf access, new roof and seawall.
      3201/3203 Stabile Rd, St James City, FL 33956
      View Details
    • $749,000
      Pending

      Pine Island Commercial Building For Sale

      2100 SqFt commercial building in Pine Island Center.
      10493 Stringfellow Rd, Saint James City, FL 33956
      View Details
    • $45,000
      0.09 Acres

      St James City Land For Sale

      Land in 55+ community with amenities and Gulf access.
      4995 Gulfgate Ln, St James City, FL 33956
      View Details
    • $1,775,000
      2.79 Acres

      St James City Investment Property

      Two buildings with income potential in St James City.
      8359 Stringfellow Rd, Saint James City, FL 33956
      View Details
    • $1,750,000
      0.44 Acres

      Waterfront Apartment Building with Rental Income

      Stunning 8-unit apartment building with waterfront access and flexible leasing.
      3226 Stringfellow Rd, St James City, FL 33956
      View Details
    • $375,000
      4,103 SF

      Waterfront Lot with Gulf Access

      Direct Gulf-access lot with boat lifts and plunge pool.
      3783 Cherry Ln, St James City, FL 33956
      View Details
    • New
      $227,500
      1.00 Acre

      One Acre Tropical Fruit Grove

      One-acre tropical fruit grove with mango trees in St James City.
      8390 Stringfellow Rd, St James City, FL 33956
      View Details
    • $3,000,000
      51.02 Acres

      51+ Acres with Warehouse/Office

      Upland and mangrove acreage with buildings in St James City.
      9703 Stringfellow Rd, St James City, FL 33956
      View Details
    • $419,000
      0.23 Acres

      Waterfront Property Ready for Remodel

      Remodel-ready waterfront property with approved permits and boat lifts.
      2560 Baybreeze St, St James City, FL 33956
      View Details
    • $48,900

      Established Salon in Winn Dixie Center

      Well-established beauty salon in a convenient location.
      9848 Stringfellow Rd, St James City, FL 33956
      View Details
    • $199,900
      0.09 Acres

      Waterfront Lot with Direct Access

      Direct access waterfront lot with utilities and sailboat access.
      3812 Blueberry Ln, St James City, FL 33956
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land near boat ramp, park, restaurants, and shopping.
    Where is this residential land & home lot located?
    The property is located at 3500 Tropical Point Dr Saint James City, FL.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: - Walking distance to the only beach on Pine Island and a boat ramp.; - Located in a desirable residential neighborhood in Saint James City.; - Enjoy close proximity to local restaurants and shopping.
    (239) 565-2624
    Request Owner's contact information
    3500 Tropical Point Dr Saint James City, FL 33956
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3500 Tropical Point Dr
    Saint James City, FL 33956
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3500 Tropical Point Dr Saint James City, FL 33956
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Romana Gavrinev
    Real Estate License ID: 258034498
    (239) 565-2624
    Learn more
    Google sign-in failed. Please try again or use another login method.