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$649,000 -$26,000 (-3.85%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,397 Sq. Ft.
  • Updated 1 day ago
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Direct Gulf Access in one of Cape Coral's most prestigious waterfront neighborhoods-5229 Pelican Blvd presents an exceptional opportunity to reimagine and redesign a custom luxury estate tailored entirely to your vision. Situated on an oversized triple-lot corner property in the highly coveted Tarpon Point area, this rare canal-front offering features direct Gulf access with no bridges or locks, placing open water just minutes from your future backyard dock. Surrounded by newly constructed luxury residences and multimillion-dollar waterfront homes, this property is perfectly positioned for an investor, builder, or visionary buyer looking to create a one-of-a-kind coastal retreat in a rapidly transforming enclave of Southwest Florida. Wide canal views, deep water access, and expansive lot dimensions provide endless possibilities for a sprawling custom home with resort-style outdoor living, an oversized pool, private dockage, and space to accommodate large yachts, recreational toys, and elevated entertaining spaces. The surrounding streetscape has become a showcase of modern waterfront architecture, including several newly completed and award-winning luxury homes, further enhancing the long-term value and prestige of the location. Opportunities of this caliber are becoming increasingly rare in Cape Coral, especially in a neighborhood known for its upscale boating lifestyle, proximity to Tarpon Point Marina, waterfront dining, boutique shopping, and quick access to the Gulf of Mexico. Whether your vision includes a contemporary masterpiece, a coastal-inspired estate, or the ultimate waterfront investment property, this is your chance to transform a premier Gulf-access homesite into a truly spectacular custom dream home in one of Cape Coral's most desirable luxury waterfront corridors.

Full Property Details for 5229 Pelican Blvd

General

  • Price: $649,000
  • Taxes: (2024)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 2025018212
  • Updated: 7/20/2026
  • Added to Site: 256 day(s) ago

Interior

  • Interior Features: Split Bedrooms, Family Room, Entrance Foyer
  • Appliances: Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: See Remarks

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: None, Non-Gated
  • Security/Safety: Smoke Detector(s), Smoke Detectors

Exterior

  • Exterior Features: Dock, Boat Lift, Dock Included, Wooden Dock, Room for Pool
  • Porch/Patio/Deck: Screened Lanai/Porch, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Driveway Paved, Attached

Location

  • Area: CC21 - Cape Coral Unit 3, 30, 44, 6
  • County: Lee
  • Subdivision: CAPE CORAL
  • Building Name: CAPE CORAL
  • 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: Ceiling Fan(s), Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Assessment Paid, Central
  • Water: Assessment Paid, Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Single Family Residence
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Shingle
  • Windows: Double Hung, Impact Resistant, Window Coverings
  • Stories/Levels: 1
  • Stories in Building: 1
  • Square Feet: 1,397
  • Sq. Ft. Source: Property Appraiser Office
  • Living Area: 1,397 Sq. Ft.
  • Year Built: 1965

Lot Features

  • Property View: Canal
  • Lot Size (Acres): 0.428
  • Lot Size (Sq. Ft.): 18,643
  • Lot Size Source: Property Appraiser Office
  • Street/Road Desc.: Paved
  • Irrigation System: Central
  • Lot Features: 3 Lots, Corner Lot, Irregular Lot, Oversize
  • Zoning: R1-W
  • Lot Description: 3 Lots, Corner Lot, Irregular Lot, Oversize

Water Features

  • Water Front: Yes
  • Gulf Access: Yes
  • Water Front Desc.: No Bridge(s)/Water Direct, Canal Front
  • Canal Width: Canal Width 81-120

Financial Considerations

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

Disclosures and Reports

  • Ownership: Single Family
  • Multiple Parcels: Yes
  • Legal Description: CAPE CORAL UNIT 3 BLK 189 PB 12 PG 78 LOTS 1 THRU 3
  • Property ID: 14-45-23-C3-00189.0010
  • Section: 14
  • Block: 189
  • Lot Number: 1

Listed by The Keyes Company

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Listing agent

— 5229 Pelican Blvd —

  • The Keyes Company

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5229 Pelican Blvd

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Pelican Elementary School
3525 Southwest 3rd Avenue, Cape Coral, FL 33914
K-52.2 mi
Cape Elementary School
4519 Vincennes Boulevard, Cape Coral, FL 33904
K-52.3 mi
Gulf Elementary School
3400 Southwest 17th Place, Cape Coral, FL 33914
K-53.1 mi
Gulf Middle School, Cape Coral, FL
1809 Southwest 36th Terrace, Cape Coral, FL 33914
6-82.9 mi
Trafalgar Middle School
2120 Trafalgar Parkway, Cape Coral, FL 33991
6-85.1 mi
Ida S. Baker High School
3500 Agualinda Boulevard, Cape Coral, FL 33914
9-123.1 mi
Cape Coral High School
2300 Santa Barbara Boulevard, Cape Coral, FL 33991
9-123.8 mi
Mariner High School
701 Chiquita Boulevard North, Cape Coral, FL 33993
9-127.8 mi
North Fort Myers High School
5000 Orange Grove Boulevard, North Fort Myers, FL 33903
9-128.7 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 5229 Pelican Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/20/2026
Price Reduced
$649,000
-3.85%
MLS
5/15/2026
Price Reduced
$675,000
-1.89%
MLS
5/04/2026
Price Reduced
$688,000
-0.15%
MLS
4/12/2026
Price Reduced
$689,000
-1.43%
MLS
12/18/2025
Price Reduced
$699,000
-6.68%
MLS
11/08/2025
Listed
$749,000
282.14%
MLS
3/03/2009
Sold
$196,000
—
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 5229 Pelican Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,481
7%
$193,516
—
2024
$3,266
4%
$192,921
3%
2023
$3,132
7%
$187,302
-31%
2021
$2,933
1%
$272,447
50%
2022
$2,909
-1%
$181,847
4%
2021
$2,933
3%
$174,112
4%
2018
$2,845
-1%
$167,024
-2%
2019
$2,862
3%
$170,197
5%
2017
$2,775
-1%
$162,455
2%
2016
$2,799
—
$159,114
-20%
2015
$2,804
—
$198,794
4%
2014
$2,797
5%
$190,825
9%
2013
$2,673
—
$174,601
—
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 The Keyes Company

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5229 Pelican Blvd, Cape Coral, FL 33914 (MLS# 2025018212) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5229 Pelican Blvd is currently listed for $649,000 and was received on November 08, 2025. Want to learn more about 5229 Pelican Blvd? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

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