IDX

Listed by Heather Porrett · Courtesy of THE KEYES COMPANY · Agent MLS ID# MFR258032352 · Deemed reliable but not guaranteed. · Listing updated: Sep 16, 2026 · 2:21 PM

5229 PELICAN BLVD

Cape Coral, Lee, FL, 33914

Active

$639,000

$496/sqft

3Beds
2Baths
1,289Sq Ft
1965Built
312Days on Market

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.

Facts & Features

MFRTB8446407
$639,000
Active
3
2
2
0
1,289 sqft
0.4300
1965
Residential
Single Family Residence
Florida

Community Information

5229 PELICAN BLVD
Cape Coral
Cape Coral
Lee
FL
33914
No

Amenities

N/A
N/A
No
Yes
No

Interior

Ceiling Fans(s), Split Bedroom
Electric
Central Air
Other
N/A
1
Refrigerator, Range, Other

Exterior

N/A
Stucco
Slab
Shingle
Fenced
Landscaped, Paved, Level, Oversized Lot, Corner Lot, Irregular Lot

School Information

N/A
N/A
N/A

Additional Information

November 8, 2025
312
R1-W
West
No

Mortgage Calculator

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$
%
Years
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. THE KEYES COMPANY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

312 days on market

Listing updated: Sep 16, 2026 · 2:21 PM

Listed by: Heather Porrett · 239-744-6250—THE KEYES COMPANY · 539-323-2883

Updated from Real Estate Market Data

Location

Ahmed ElbatrawyAhmed ElbatrawyEmpire Network Realty

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