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$215,000 Just Listed
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Property Description
Escape to paradise and build your dream estate on this rare, oversized waterfront lot in Bokeelia's highly sought-after Serenity Cove community. Offering direct Gulf access with absolutely no bridges, this property is a true boater and fisherman's dream-allowing you to be out in open water in just minutes. From your own backyard, navigate effortlessly to world-class destinations like Cayo Costa, Sanibel, Captiva, and Cabbage Key. This expansive lot provides the ultimate canvas for a custom luxury home, complete with ample room for private outdoor living, a custom pool, and your dream dock setup. Enjoy the best of secluded island living while staying just minutes away from local marinas, restaurants, the Pine Island bike path, and community tennis and pickleball courts. Maximize your waterfront lifestyle! Take advantage of a rare opportunity to acquire both this lot and the vacant lot next door. Combining these parcels creates an expansive double lot boasting 140 feet of premier channel frontage-perfect for an estate-sized home and extensive dockage.
Full Property Details
Full Property Details for 5236 Martin Cove
General
- Price: $215,000
- Taxes: (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 226032766
- Updated: 9/18/2026
- Added to Site: 3 day(s) ago
Additional Information
- Shared Amenities: Boating, No Subdivision, Non-Gated
Location
- Area: PI01 - Pine Island (North)
- County: Lee
- Subdivision: SERENITY COVE
- Building Name: SERENITY COVE
- Direction Faces: South
Community
- Assoc. Fees Include: None
Utilities
- Sewer: None
- Water: None
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Canal, Water, Trees/Woods
- Lot Size (Acres): 0.398
- Lot Size (Sq. Ft.): 17,336
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 70 x 70 x 248 x 248
- Frontage Feet: 70
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: Cul-De-Sac, Dead End, Regular
- Trees/Vegetation: Brush, Grassed
- Zoning: RS-1
- Lot Description: Cul-De-Sac, Dead End, Regular
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: No Bridge(s)/Water Direct, Canal Front, Navigable Water
- Canal Width: Canal Width 81-120
- Boat Dock Slip: Yes
Financial Considerations
- Price Per Acre: $540,201
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: SERENITY COVE UNREC OR 769 PG 814 + OR 848 PG 571 LOT 28
- Property ID: 21-44-22-03-00000.0280
- Section: 21
- Lot Number: 28
Listed by Premiere Plus Realty Company
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Schools
Schools serving 5236 Martin Cove
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Pine Island Elementary School 5360 Ridgewood Drive, Bokeelia, FL 33922 | K-5 | 1.2 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 6 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 7.1 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 6.8 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 7.1 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 8.5 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 12.8 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 13.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5236 Martin Cove
Date
Details
Price
Change
Source
9/18/2026
Listed
$215,000
377.78%
MLS
2/28/2001
Sold
$45,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5236 Martin Cove
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,536
—
$167,235
10%
2025
$2,536
20%
$152,032
-1%
2024
$2,108
5%
$153,913
2%
2023
$2,004
25%
$151,223
46%
2021
$1,604
-7%
$103,840
-17%
2022
$1,720
7%
$125,165
25%
2021
$1,604
7%
$99,740
11%
2019
$1,497
4%
$90,162
10%
2018
$1,444
5%
$81,965
-13%
2017
$1,375
20%
$94,687
40%
2016
$1,147
2%
$67,740
—
2015
$1,125
-7%
$67,740
-6%
2014
$1,208
-24%
$72,040
-23%
2013
$1,589
—
$93,540
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5236 Martin Cove
5236 Martin Cv, Bokeelia, FL 33922 (MLS# 226032766) is a Residential Lots property with a lot size of 0.398 acres. 5236 Martin Cv is currently listed for $215,000 and was received on September 18, 2026. Want to learn more about 5236 Martin Cv? Do you have questions about finding other Residential Lots real estate for sale in Bokeelia? You can browse all Bokeelia real estate or contact a Coldwell Banker agent to request more information.

