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About This Home

This 3-bedroom, 2-bathroom single family at 5229 Pelican Boulevard in Cape Coral, FL is listed for $699,000 ($539 per sqft). Built in 1965, the home offers 1,297 sqft of living space on a 0.43 acres lot.

Agent Description

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.

Key Features

  • Built in 1965
  • 0.43 acre lot
  • Waterfront

Property Details

1 story
2 full
1965

Amenities

WaterfrontA/C

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

5229 Pelican Boulevard

Cape Coral, FL 33914

CAPE CORAL

Features & Amenities

Interior Features

EntranceFoyerWindowTreatmentsSplitBedrooms

Exterior Features

PatioRoomForPool

Property Details

Construction

Block Concrete Stucco

Pool Features

PatioPorch

Parking

GarageDriveway

Heating

Electric (Heating)Central

Cooling

Central AirCeiling Fan(s)Electric

Appliances

RangeRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 5229 Pelican Boulevard is listed at $699,000 ($539/sqft). The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.

Key features include: Built in 1965, 0.43 acre lot, Waterfront. Interior Features: EntranceFoyer, WindowTreatments, SplitBedrooms. Exterior Features: Patio, RoomForPool.

This property is listed by Heather Porrett and can be reached at 2397446250 or Heatherpsells@gmail.com.

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HP

Heather Porrett

Agent at The Keyes Company

(239) 744-6250

Listed by The Keyes Company

MLS# 2025018212· Source: listhub· Updated 153 days ago

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5229 Pelican Boulevard, Cape Coral, FL 33914

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