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$519,900

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,190 Sq. Ft.
  • Updated 5 days ago
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Price improved plus BUYER INCENTIVE-an exceptional value for a direct Gulf access, dual-waterfront home on Pine Island. This rare half-acre property offers wide, unobstructed canal views in the back and peaceful lake views in the front, delivering water, privacy, and scenery from both sides of the home. Tucked away on a quiet cove, this 3-bedroom, 2-bath island residence is ideal for boaters, anglers, and island lifestyle seekers. With a seawall, concrete dock, and boat davits, your boat stays ready for fishing trips, kayaking adventures, and sunset cruises through Pine Island Sound and the Gulf beyond. Enjoy true direct access with no bridges and quick routes to world-class fishing. Inside, the home has been thoughtfully updated for low-maintenance island living, featuring luxury vinyl plank flooring in the main living areas, updated kitchen cabinets, quartz counter tops and stainless appliances, new bathroom vanities, and all new interior doors. A new roof installed in 2022 adds lasting value and peace of mind, and owners invested over $10K in 2025 on DAM EASY FLOOD BARRIERS for all doors! The outdoor space is designed for both function and fun, with an oversized concrete parking pad equipped with 50-amp power-perfect for storing an RV, boat, or trailer. Mature palms and tropical landscaping create a private, relaxed setting, while the attached two-car garage provides ample space for fishing gear, tools, and island toys. With its direct Gulf access, dual-waterfront setting, and flexible layout, this property is well suited for a full-time residence, seasonal escape, or income-producing island rental. Seller is offering up to $10,000 TOWARD BUYER CLOSING COSTS, prepaids, or interest rate buy-down with acceptable offer, making this a standout opportunity to secure waterfront living on Pine Island.

Full Property Details for 5442 Martin Cove

General

  • Price: $519,900
  • Taxes: (2024)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 2025021978
  • Updated: 1/11/2026
  • Added to Site: 47 day(s) ago

Interior

  • Interior Features: Great Room, Built-In Cabinets, Wired for Data, Pantry
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self-Cleaning Oven, Washer
  • Furnishings: Partially
  • Flooring: Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Kitchen: Pantry
  • Dining Room: Dining - Family
  • Laundry: Washer/Dryer Hookup, In Garage

Additional Information

  • Shared Amenities: None, Boating
  • Security/Safety: Smoke Detectors

Exterior

  • Exterior Features: Concrete Dock, Hoist/Davit, Room for Pool
  • Porch/Patio/Deck: Open Porch/Lanai, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Driveway Paved, Guest, Paved, RV-Boat, Garage Door Opener, Attached

Location

  • Area: PI01 - Pine Island (North)
  • County: Lee
  • Subdivision: SERENITY COVE
  • Building Name: SERENITY COVE
  • Direction Faces: West

Community

  • Assoc. Fees Include: None
  • Units Assoc/Comm: 1
  • Pets Allowed: Yes
  • Management Type: None

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric
  • Heating Type: Central Electric
  • Ceiling Fan(s): 4

Utilities

  • Sewer: Septic Tank
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Single Family Residence
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Shingle
  • Windows: Impact Resistant, Single Hung, Shutters - Manual, Window Coverings
  • Stories/Levels: 1
  • Stories in Building: 1
  • Square Feet: 1,190
  • Sq. Ft. Source: Property Appraiser Office
  • Living Area: 1,190 Sq. Ft.
  • Year Built: 1980

Lot Features

  • Property View: Canal, Lake
  • Lot Size (Acres): 0.535
  • Lot Size (Sq. Ft.): 23,304
  • Lot Size Source: Property Appraiser Office
  • Frontage: Private Road
  • Street/Road Desc.: Paved
  • Irrigation System: Central
  • Lot Features: Oversize
  • Trees/Vegetation: Fruit Trees
  • Zoning: RS-1
  • Lot Description: Oversize

Water Features

  • Water Front: Yes
  • Gulf Access: Yes
  • Water Front Desc.: Canal Front
  • Canal Width: Canal Width 81-120
  • Boat Dock Slip: Yes

Financial Considerations

  • Tax Year: 2024
  • Terms: Buyer Finance/Cash

Disclosures and Reports

  • Ownership: Single Family
  • Legal Description: SERENITY COVE UNREC OR 769 PG 814 + OR 848 PG 571 LOT 42
  • Property ID: 21-44-22-03-00000.0420
  • Section: 21
  • Lot Number: 42

Listed by EXP Realty LLC

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Listing agent

— 5442 Martin Cove —

  • EXP Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5442 Martin Cove

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Pine Island Elementary School
5360 Ridgewood Drive, Bokeelia, FL 33922
K-51.2 mi
Trafalgar Middle School
2120 Trafalgar Parkway, Cape Coral, FL 33991
6-86.2 mi
Mariner Middle School
425 Chiquita Boulevard North, Cape Coral, FL 33993
6-87.1 mi
Gulf Middle School, Cape Coral, FL
1809 Southwest 36th Terrace, Cape Coral, FL 33914
6-87.2 mi
Ida S. Baker High School
3500 Agualinda Boulevard, Cape Coral, FL 33914
9-127 mi
Mariner High School
701 Chiquita Boulevard North, Cape Coral, FL 33993
9-127.2 mi
Cape Coral High School
2300 Santa Barbara Boulevard, Cape Coral, FL 33991
9-128.7 mi
Challenger Middle School, Cape Coral, FL
624 Trafalgar Parkway, Cape Coral, FL 33991
6-88 mi
Caloosa Middle School
610 Del Prado Boulevard South, Cape Coral, FL 33990
6-810.8 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 5442 Martin Cove Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/04/2026
Price Reduced
$519,900
-3.7%
MLS
12/01/2025
Listed
$539,900
27.04%
MLS
7/15/2022
Sold
$425,000
—
Public Record
Get Price Alerts and Save Property
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 for 5442 Martin Cove

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,815
-69%
$123,800
-67%
2024
$5,859
11%
$376,637
13%
2023
$5,270
16%
$333,432
5%
2022
$4,531
24%
$318,190
45%
2021
$3,647
—
$218,908
10%
2021
$3,647
8%
$199,448
1%
2019
$3,389
-2%
$197,029
—
2018
$3,444
1%
$197,036
3%
2017
$3,398
9%
$192,192
12%
2016
$3,126
9%
$171,202
7%
2015
$2,864
-12%
$159,304
-16%
2014
$3,271
6%
$189,403
5%
2013
$3,093
—
$180,498
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by EXP Realty LLC

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5442 Martin Cv, Bokeelia, FL 33922 (MLS# 2025021978) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5442 Martin Cv is currently listed for $519,900 and was received on December 01, 2025. Want to learn more about 5442 Martin Cv? Do you have questions about finding other Single Family 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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