My Search Tools:

$699,000 - 5229 Pelican Boulevard, CAPE CORAL

3
Bedrooms
2
Baths
1,289
SQ. Feet
0.43
Acres

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.

Essential Information

  • MLS® #:
    TB8446407
  • Price:
    $699,000
  • Bedrooms:
    3
  • Bathrooms:
    2.00
  • Full Baths:
    2
  • Square Footage:
    1,289
  • Acres:
    0.43
  • Year Built:
    1965
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Style:
    Florida
  • Status:
    Active

Community Information

  • Address:
    5229 Pelican Boulevard
  • Area:
    Cape Coral
  • Subdivision:
    CAPE CORAL
  • City:
    CAPE CORAL
  • County:
    Lee
  • State:
    FL
  • Zip Code:
    33914

Amenities

  • Parking:
    Garage Door Opener
  • # of Garages:
    2
  • View:
    Water
  • Is Waterfront:
    Yes
  • Waterfront:
    Canal - Brackish, Canal - Saltwater

Interior

  • Interior Features:
    Ceiling Fans(s), Split Bedroom
  • Appliances:
    Other, Range, Refrigerator
  • Heating:
    Electric
  • Cooling:
    Central Air
  • # of Stories:
    1

Exterior

  • Exterior Features:
    Sliding Doors
  • Lot Description:
    Corner Lot, Irregular Lot, Landscaped, Level, Oversized Lot, Paved
  • Roof:
    Shingle
  • Foundation:
    Slab

Additional Information

  • Days on Market:
    110
  • Zoning:
    R1-W

Listing Details

  • Listing Office:
    Miloff Aubuchon Realty Group

Listing information courtesy of Miloff Aubuchon Realty Group.

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Listing data comes from My Florida Regional MLS.

Listing information last updated on February 26th, 2026 at 2:03pm EST.