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$250,000
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Property Description
Waterfront Paradise Awaits in Serenity Cove, Bokeelia! This rare .33-acre cleared canal front lot is surrounded by beautiful homes in one of the island's most desirable neighborhoods. With direct Gulf access and no bridges, this property is a boater's dream-just minutes to world-class fishing, beaches, and the open waters. The lot is cleared and ready for your dream home, with professionally maintained mangroves framing your waterfront views. A newly updated boat lift (2024), composite dock, and electric at the dock are already in place, making it easy to start enjoying the waterfront lifestyle right away. With no HOA restrictions, you have the freedom to build and live your coastal dream without limitations. Seller may consider seller financing, making this a unique opportunity to secure your piece of paradise in Serenity Cove.
Full Property Details
Full Property Details for 5414 Martin Cove
General
- Price: $250,000
- Taxes: (2024)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2025009853
- Updated: 12/10/2025
- Added to Site: 130 day(s) ago
Additional Information
- Shared Amenities: None, Boating
Exterior
- Exterior Features: Elec Avail at dock, Dock, Boat Lift
Location
- Area: PI01 - Pine Island (North)
- County: Lee
- Subdivision: SERENITY COVE
- Building Name: SERENITY COVE
- Direction Faces: South
Community
- Assoc. Fees Include: None
- Management Type: None
Utilities
- Sewer: None
- Water: Central
- Utility Description: Electricity Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.328
- Lot Size (Sq. Ft.): 14,287
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 86 x 52 x 209 x 206
- Frontage Feet: 86
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: Irregular Lot, Cleared
- Trees/Vegetation: Grassed, Mangrove
- Zoning: RS-1
- Lot Description: Irregular Lot, Cleared
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Rip-Rap, Canal Front, Mangrove
- Canal Width: Canal Width 31-80
- Boat Dock Slip: Yes
Financial Considerations
- Price Per Acre: $762,195
- Tax Year: 2024
- Terms: Owner Will Carry, Buyer Finance/Cash
Disclosures and Reports
- Legal Description: SERENITY COVE UNREC OR 769 PG 814 + OR 848 PG 571 LOT 40
- Property ID: 21-44-22-03-00000.0400
- Section: 21
- Lot Number: 40
Listed by EXP Realty LLC
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Schools
Schools serving 5414 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 | 6.2 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 7.1 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 7.2 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 6.9 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 7.2 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 8.7 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 7.9 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 10.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5414 Martin Cove
Date
Details
Price
Change
Source
9/10/2025
Listed
$250,000
8.74%
MLS
7/21/2023
Sold
$229,900
—
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 5414 Martin Cove
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,966
-12%
$134,087
-12%
2024
$2,228
13%
$152,039
7%
2023
$1,975
17%
$142,200
22%
2022
$1,687
15%
$116,142
22%
2021
$1,465
—
$94,817
5%
2021
$1,465
7%
$90,717
10%
2019
$1,370
3%
$82,376
10%
2018
$1,327
14%
$74,887
2%
2017
$1,167
11%
$73,186
18%
2016
$1,048
1%
$61,890
-1%
2015
$1,041
-8%
$62,683
-8%
2014
$1,136
-24%
$67,776
-25%
2013
$1,498
—
$90,069
—
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 5414 Martin Cove
5414 Martin Cv, Bokeelia, FL 33922 (MLS# 2025009853) is a Residential Lots property with a lot size of 0.328 acres. 5414 Martin Cv is currently listed for $250,000 and was received on September 10, 2025. Want to learn more about 5414 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.

