$675,000
Original: $749,000 ▼ Price reduced

5229 PELICAN BLVD, Cape Coral, FL 33914

Active
3
Beds
2
Baths
1,289
Sq Ft
$523
Per Sq Ft
1965
Built
188
Days Listed

About This Property

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.

Property Details

TypeSingle Family Residence
Garage2 spaces
Lot0.43 ac
Stories1
PoolNo
WaterfrontYes
SubdivisionCAPE CORAL
HOANo
Tax/yr$3,266
HeatingElectric
CoolingCentral Air
FlooringOther
RoofShingle

Listed by THE KEYES COMPANY · MLS# TB8446407

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-05-15.
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.
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Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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