5414 Martin Cv, Bokeelia, FL 33922 - Photo 1

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$225,000 -$25,000 (-10%) Price Reduced

For Sale
Active
Residential Lots
0.328 Acres
Updated 5 days ago

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Property Description

Waterfront Opportunity in Serenity Cove - Direct Gulf Access with Dock & Lift! Build your island dream home on this rare .33-acre cleared canal-front lot located in one of Bokeelia's most desirable neighborhoods, Serenity Cove. Surrounded by beautiful homes and offering direct Gulf access with no bridges, this property is truly a boater's paradise-just minutes to world-class fishing, pristine beaches, and open water. Already equipped for waterfront living, the property features a newly updated boat lift (2024), composite dock, and electric at the dock, allowing you to start enjoying the boating lifestyle immediately while you plan your custom home. From your backyard, enjoy easy access to Cayo Costa, Sanibel, Cabbage Key, and a short boat ride to Jug Creek Marina-perfect for waterfront dining, island hopping, and sunset cruises. Professionally maintained mangroves enhance privacy while framing peaceful water views. With no HOA restrictions, you'll have the freedom to build at your own pace and create the coastal retreat you've been dreaming of. Seller may consider seller financing, adding flexibility to this exceptional opportunity. Don't miss your chance to own a ready-to-go waterfront lot in Serenity Cove-where island breezes, sunset cruises, and endless boating adventures await.

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Full Property Details

Full Property Details for 5414 Martin Cove

General

Price: $225,000
Taxes: (2024)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2025009853
Updated: 3/11/2026
Added to Site: 187 day(s) ago

Additional Information

Shared Amenities: None, Boating

Exterior

Exterior Features: Dock, Boat Lift, Elec Avail at dock

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.: Canal Front, Mangrove, Rip-Rap
Canal Width: Canal Width 31-80
Boat Dock Slip: Yes

Financial Considerations

Price Per Acre: $685,975
Tax Year: 2024
Terms: Buyer Finance/Cash, Owner Will Carry

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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— 5414 Martin Cove —

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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5414 Martin Cove Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/11/2026

Price Reduced

$225,000

-10%

MLS

9/10/2025

Listed

$250,000

8.74%

MLS

7/21/2023

Sold

$229,900

—

Public Record

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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

2023

$1,975

17%

$142,200

22%

2022

$1,687

15%

$116,142

22%

2021

$1,465

—

$94,817

2021

$1,465

$90,717

10%

2019

$1,370

$82,376

10%

2018

$1,327

14%

$74,887

2017

$1,167

11%

$73,186

18%

2016

$1,048

$61,890

-1%

2015

$1,041

-8%

$62,683

-8%

2014

$1,136

-24%

$67,776

-25%

2013

$1,498

—

$90,069

—

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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 $225,000 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.

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5414 Martin Cove Bokeelia, FL 33922