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Property for sale at 5229 PELICAN BOULEVARD, CAPE CORAL, FL, 33914
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5229 Pelican BoulevardCape Coral, FL, 33914

3beds
2baths
1,289sqft
Single Family Residence
Built in 1965
$639,000
For sale
$749,000−$110,000 (15%)
Price per sqft
$496
Days on market
343
Listed
Nov 8, 2025
Last reduction
−$10,000
Sep 16, 2026
MLS #TB8446407Updated Sep 16, 2026

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.

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Property details

Property type
Single Family Residence
Street address
5229 Pelican Boulevard
City
Cape Coral
State
FL
ZIP code
33914
Year built
1965
New construction
No
Attached property
No
Faces
West
Rooms
3
Building stories
1
Living area
1,289 sqft
Total building area
2,027 sqft
Levels
One
Property condition
Fixer

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. 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; the availability of any listing should always be independently verified. Listing information is provided for consumers' 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.Stellar (MFR) data last updated at October 16, 2026 at 8:02 PM EDT

Price & sale history

Asking price reduced by $110,000 (14.7%) since first listed.

EventPrice
Price reducedMLS #TB8446407$639,000Change: −14.7%−$110,000
Listed for saleMLS #TB8446407$749,000
History may be incomplete.
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Property for sale at 5229 PELICAN BOULEVARD, CAPE CORAL, FL, 33914
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