Home in 5229 Pelican Blvd Cape Coral for sale with MLS# TB8446407

Direct Gulf Access - Build Your Custom Waterfront Dream Home! Situated in one of Cape Coral's most prestigious neighborhoods, 5229 Pelican Blvd presents an extraordinary opportunity to design and build your own luxury residence with direct Gulf access-no bridges, no locks, and open water just minutes away. This oversized triple-lot, corner canal-front property is being sold at land value only and offers the ideal foundation for an exceptional custom estate. Located in the highly sought-after Tarpon Point area, this street has become a showcase of fine coastal living, with multiple luxury homes currently under construction, including an award-winning new build completed earlier this year. The setting is simply unmatched-wide canal views, deep water access, and plenty of room to create a sprawling residence with resort-style outdoor living, a private dock, and space for all your toys. Please note: This is a complete teardown property with no interior access. The true value lies in the location, land, and limitless potential to craft a custom Gulf-access retreat in one of Cape Coral's most desirable areas. This is your chance to bring your vision to life and build the ultimate Southwest Florida waterfront home-where luxury, lifestyle, and location converge.

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Days on the market

5229 Pelican Blvd, Cape Coral, FL 33914

Price
Price:
$689,000.00
Previous Asking Price:
$699,000.00
Original List Price:
$749,000.00
List Price per Sq Ft (Calculated, Approx.):
$534.52
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
TB8446407
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
2
Full Bath:
2
Additional Rooms:
Inside Utility, Family Room
Measures
Living Area:
1,289 Sqft
Built-Up Area:
2,027 Sqft
Lot Area:
18,644 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Features:
Irregular Lot, Corner Lot, Oversized Lot, Paved, Level, Landscaped
Lot Size Acres:
0.43
Property Features
View from the Property:
Water
Waterfront:
Yes
Waterfront Features:
Canal - Saltwater, Canal - Brackish
Furnished:
Unfurnished
Appliances:
Refrigerator, Other, Range
Interior:
Ceiling Fans(s), Split Bedroom
Exterior:
Sliding Doors
Patio and Porch:
Patio
Laundry:
Other
Air Conditioning System:
Central Air
Heating System:
Electric
Fence:
Fenced
Vegetation and Trees:
Trees/landscaped
Property Entrance Faces:
West
Water Access
Water Access Features:
Gulf/ocean To Bay, Intracoastal Waterway, Canal - Brackish, Canal - Saltwater, Gulf/ocean
Water Extras
Water Extra Details:
Lift
Water View
Water View Details:
Canal
Construction
Year Built:
1965
Roof:
Shingle
Architectural Style:
Florida
Levels:
One
Construction Materials:
Stucco
Flooring:
Other
Number of stories:
1
Foundation Details:
Slab
Flood Zone Code:
AE
Property Condition:
Fixer
Taxes and Expenses
Homestead Property
Tax Annual Amount:
$3,266.33
Tax Year:
2024
Parking
Garage
Garage Spaces:
2
Attached Garage
Parking Features:
Garage Door Opener
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Electricity Available, Water Available, Phone Available, Sewer Connected, Public
Water Source:
Public
Community
Minimum Lease Term:
No Minimum
Pets Allowed?
Subdivision Name:
CAPE CORAL
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash
Occupant Type:
Owner
Buyer Possession:
Close Of Escrow
Lease Considered:
Yes
Zoning and Legal
Tax Legal Description:
CAPE CORAL UNIT 3 BLK 189 PB 12 PG 78 LOTS 1 THRU 3
Real Estate Folio Number (Parcel Number):
14-45-23-C3-00189.0010
Zoning:
R1-W
Title to the property is held by owner as:
Fee Simple
Listing History
Originally published on:
November 8, 2025 8:02 pm
Active on the market since:
November 8, 2025
Listing Agreement executed on:
November 8, 2025
Price change occurred on:
April 12, 2026 11:38 pm
Listing Status Last Changed On:
November 8, 2025 8:02 pm
Photos updated on:
November 8, 2025 8:04 pm
Last Modified:
April 12, 2026 11:39 pm
Additional Information
Courtesy of:
MILOFF AUBUCHON REALTY GROUP
Attribution:
239-542-1075
Road Surface Type:
Paved
Location
Street Name:
PELICAN
Street Number:
5229
City:
CAPE CORAL
State:
Florida
Zip Code:
33914
County:
Lee
Latitude:
N26° 33' 15''
Longitude:
W82° 1' 4.7''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $75,557
Median Home Value $408,800
Median Rent $1,714/mo
Median Age 54
Population 44,439

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Association of REALTORS®
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