5229 PELICAN BOULEVARD Cape Coral, FL $ 699,000
5229 PELICAN BOULEVARD
$ 699,000
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5229 PELICAN BOULEVARD

Cape Coral, FL, 33914
$ 699,000
Bedrooms3 Baths2.0 Sq 1,289

Monthly Estimate*

$ 4,304

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Single Family Home for sale in Cape Coral, FL

for $699,000 with 3 bedrooms and 2 full baths. This 1,289 square foot home was built in 1965 on a lot size of 0.43.

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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Single Family Active

Price

$ 699,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 3,266

Style

Florida

Lot Size

0.43

Year Built

1965

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

TB8446407

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Cable Available Electricity Available Phone Available Public Sewer Connected Water Available
Possession Close Of Escrow
Roof Shingle
Appliances Other Range Refrigerator
Zoning R1-W
Garage Spaces 2
Patio/Porch Features Patio
Architectural Style Florida
Construction Materials Stucco
Pets Allowed Yes
Year Built 1965
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
Waterfront Features Canal - Brackish Canal - Saltwater
County Lee
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name CAPE CORAL
Facing Direction West
Garage Y/N true
Total Rooms 3
Full Baths 2
Status Active
Directions From Cape Coral Parkway head south on Pelican Boulevard toward the Yacht Club area. Continue straight for approximately 1.5 miles passing El Dorado Parkway. The home at 5229 Pelican Blvd will be on your right-hand side near the waterfront canal.
City CAPE CORAL
Senior Community Y/N false
MLS Area 33914 - Cape Coral
Lot Size Units Square Feet
Lot Size Square Feet 18644
Carport Y/N false
Listing Terms Cash
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 3266.33
Home Warranty Y/N false
Property Condition Fixer
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://view.spiro.media/order/12ff2636-5a1a-4dc0-aea1-08de1906bab3?branding=false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 1
Legal Description CAPE CORAL UNIT 3 BLK 189 PB 12 PG 78 LOTS 1 THRU 3
Water View Canal
Water Access Type Canal - Brackish Canal - Saltwater Gulf/Ocean Gulf/Ocean to Bay Intracoastal Waterway
Minimum Lease No Minimum
Water Access Y/N true
Additional Rooms Family Room Inside Utility
Water View Y/N true
Flood Zone Code AE
DockY/N true
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Interior
Interior Amenities Ceiling Fan(s) Split Bedroom
Flooring Other
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Other
Total Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Sliding Doors
Vegetation Trees/Landscaped
Fencing Fenced
Parking Features Garage Door Opener
Lot Features Corner Lot Irregular Lot Landscaped Level Oversized Lot
Water Source Public
Lot Size Area 18644
Foundation Details Slab
Spa false
Building Area Total 2027
Lot Size Acres 0.43
Road Surface Type Paved
Private Pool false
Waterfront Y/N true
Covered Spaces 2
Road Frontage Type Street Paved
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* Excluded Features
List By
Miloff Aubuchon Realty Group

Broker

HeatherpSells@gmail.com

Email

Affordability Calculator

$4,576
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,304
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
12/19/2025$699,000 Listed Price

Map


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5229 PELICAN BOULEVARD, Cape Coral, FL, 33914 is a Single Family Home for sale at $699,000 with 1,289 sqft and a lot size of 0.43. 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