$675,000
5229 Pelican Boulevard
Cape Coral, FL 33914
Listing updated: May 15, 2026 at 2:47 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history188 days on market
- Status: ActiveNov 8, 2025
- Listed$749,000Nov 8, 2025
- Price reduced$675,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 188
- Subdivision
- Cape Coral
- County
- Lee
- Year built
- 1965
- Living area
- 1,289 sq ft
- Price/sq ft
- $524
- Building area
- 2,027 sq ft (Public Records)
- Lot size
- 18,644 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12071C0411G)
- Garage
- 2 spaces
- Annual taxes
- $3,266 (2024)
- Parcel #
- 14-45-23-C3-00189.0010
- Zoning
- R1-W
- MLS #
- TB8446407
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Other
- Appliances
- Other, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Split Bedroom
- Laundry
- Other
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Garage Door Opener
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Sliding Doors
- Construction materials
- Stucco
- Roof
- Shingle
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Available, Phone Available, Public, Sewer Connected, Water Available
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Kitchen | First | |
| Primary Bedroom | First |
Listing Details
- Listing date
- 2025-11-08
- On market date
- 2025-11-08
- Original list price
- $749,000
- Occupant type
- Owner
- MLS area
- 33914 - Cape Coral
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-11-08
- Tax legal description
- CAPE CORAL UNIT 3 BLK 189 PB 12 PG 78 LOTS 1 THRU 3
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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.
More homes like this
$10,000
Access Undetermined
Cape Coral, FL 33993
0.22 acres
Cape Coral
MLS ID #A4673479, PREMIERE PLUS REALTY COMPANY.
Listing provided by Stellar MLS
$17,900
348 Diplomat Pkwy W
Cape Coral, FL 33993
0.07 acres
Cape Coral
MLS ID #C7504113, PELICAN VISTA REALTY.
Listing provided by Stellar MLS
$17,900
352 Diplomat Pkwy W
Cape Coral, FL 33993
0.07 acres
Cape Coral
MLS ID #C7516544, PELICAN VISTA REALTY.
Listing provided by Stellar MLS
$19,000
543 Diplomat Pkwy W
Cape Coral, FL 33993
0.07 acres
Cape Coral
MLS ID #O6381915, GRAND REALTY.
Listing provided by Stellar MLS
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 15, 2026 at 2:47 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA