5229 Pelican Boulevard Cape Coral, FL $ 675,000
5229 Pelican Boulevard
$ 675,000
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5229 Pelican Boulevard

Cape Coral, FL, 33914
$ 675,000
Bedrooms3 Baths2.0 Sq 1,397

Monthly Estimate*

$ 4,156

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Single Family Home for sale in Cape Coral, FL

for $675,000 with 3 bedrooms and 2 full baths. This 1,397 square foot home was built in 1965 on a lot size of 0.428.

Direct Gulf Access in one of Cape Coral’s most prestigious waterfront neighborhoods—5229 Pelican Blvd presents an exceptional opportunity to reimagine and redesign a custom luxury estate tailored entirely to your vision. Situated on an oversized triple-lot corner property in the highly coveted Tarpon Point area, this rare canal-front offering features direct Gulf access with no bridges or locks, placing open water just minutes from your future backyard dock. Surrounded by newly constructed luxury residences and multimillion-dollar waterfront homes, this property is perfectly positioned for an investor, builder, or visionary buyer looking to create a one-of-a-kind coastal retreat in a rapidly transforming enclave of Southwest Florida. Wide canal views, deep water access, and expansive lot dimensions provide endless possibilities for a sprawling custom home with resort-style outdoor living, an oversized pool, private dockage, and space to accommodate large yachts, recreational toys, and elevated entertaining spaces. The surrounding streetscape has become a showcase of modern waterfront architecture, including several newly completed and award-winning luxury homes, further enhancing the long-term value and prestige of the location. Opportunities of this caliber are becoming increasingly rare in Cape Coral, especially in a neighborhood known for its upscale boating lifestyle, proximity to Tarpon Point Marina, waterfront dining, boutique shopping, and quick access to the Gulf of Mexico. Whether your vision includes a contemporary masterpiece, a coastal-inspired estate, or the ultimate waterfront investment property, this is your chance to transform a premier Gulf-access homesite into a truly spectacular custom dream home in one of Cape Coral’s most desirable luxury waterfront corridors.

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Single Family Active

Price

$ 675,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 3,266

Style

Ranch, One Story

Lot Size

0.428

Year Built

1965

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2025018212

Features
General
Sewer Assessment Paid Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available High Speed Internet Available
Possession Close Of Escrow Negotiable Seller Rent Back
Roof Shingle
Appliances Range Refrigerator
HOA Fee 0
Garage Spaces 2
Association Fee Includes None
Patio/Porch Features Lanai Patio Porch Screened
Architectural Style Ranch One Story
Security Features None Smoke Detector(s)
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1965
View Canal
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2024
Ownership Single Family
Waterfront Features Canal Access
Community Features Non-Gated
HOA Fee 2 0
County Lee
Property Type Residential
Association Amenities None
HOA false
Attached Garage true
Subdivision Name CAPE CORAL
Facing Direction West
Garage Y/N true
Total Rooms 0
Full Baths 2
Status Active
City Cape Coral
Disclosures Disclosure on File
Land Lease Amount 0
Senior Community Y/N false
Zoning Description R1-W
MLS Area CC21 - Cape Coral Unit 3 30 44 6
Lot Size Units Acres
Carport Spaces 0
Carport Y/N false
Tax Annual Amount 3266.33
Property Condition Resale
Virtual Tour https://view.spiro.media/order/3b8c22d9-e955-41e9-6792-08dea9cb25fa?branding=false
Standard Status Active
Tax Lot 1
Property Sub Type Additional Single Family Residence
Legal Description CAPE CORAL UNIT 3 BLK 189 PB 12 PG 78 LOTS 1 THRU 3
HOA Fee 3 0
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Interior
Interior Amenities Entrance Foyer Other See Remarks Window Treatments Split Bedrooms
Flooring Other
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Hung Impact Glass Window Coverings
Half Baths 0
Total Bedrooms 3
Room Type Family Room Screened Porch
Total Baths 2
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Exterior
Exterior Amenities None Patio Room For Pool
Parking Features Attached Driveway Garage Paved
Lot Features Corner Lot Irregular Lot Multiple lots Oversized Lot
Water Source Assessment Paid Public
Lot Size Area 0.428
Spa false
Building Area Total 2027
Lot Size Acres 0.428
Road Surface Type Paved
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 2
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* Excluded Features
List By
Heather Porrett

Listing Agent

The Keyes Company

Broker

Heatherpsells@gmail.com

Email

Affordability Calculator

$4,428
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,156
Monthly Property Taxes
$272
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$675,000 -1.89% Price Down
5/4/2026$688,000 -0.15% Price Down
4/12/2026$689,000 -1.43% Price Down
2/20/2026$699,000 Listed Price

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5229 Pelican Boulevard, Cape Coral, FL, 33914 is a Single Family Home for sale at $675,000 with 1,397 sqft and a lot size of 0.428. 5229 Pelican Boulevard has 3 bedrooms, 2.0 baths, and was built in 1965. The property's zip code is 33914 which is in Cape Coral, FL