Residential Property - Single Family Residence in Cape Coral
Listing Price: $675,000 (Mortgage Calculator →)
Description of Property
Direct Gulf Access – Build Your Custom Waterfront Dream Home! Situated in one of Cape Coral’s most prestigious neighborhoods, 5229 Pelican Blvd presents an extraordinary opportunity to design and build your own luxury residence with direct Gulf access—no bridges, no locks, and open water just minutes away. This oversized triple-lot, corner canal-front property is being sold at land value only and offers the ideal foundation for an exceptional custom estate. Located in the highly sought-after Tarpon Point area, this street has become a showcase of fine coastal living, with multiple luxury homes currently under construction, including an award-winning new build completed earlier this year. The setting is simply unmatched—wide canal views, deep water access, and plenty of room to create a sprawling residence with resort-style outdoor living, a private dock, and space for all your toys. Please note: This is a complete teardown property with no interior access. The true value lies in the location, land, and limitless potential to craft a custom Gulf-access retreat in one of Cape Coral’s most desirable areas. This is your chance to bring your vision to life and build the ultimate Southwest Florida waterfront home—where luxury, lifestyle, and location converge.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Cape Coral
County: Lee
Subdivision: Cape Coral
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 2,027
Sq. Ft. Living Area: 1,289
Cost per (heated) sqare foot: $524
Year built: 1965
Annual Tax: $3,266
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Additional Rooms: Inside Utility
Flooring: Other
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Canal - Saltwater
Water Access: Yes
Water Access Type: Intracoastal Waterway
Exterior & Construction
Architectural Style: Florida
Construction: Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Sliding Doors
Garage: Yes
Garage Spaces: 2
Parking Features: Garage Door Opener
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Patio & Porch Features: Patio
View: Water
Fencing: Fenced
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Oversized Lot
Lot Size (acres): 0.43
Lot Size (sq. ft.): 18,644 square feet
Road Frontage: Street Paved
Front Exposure: West
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 144523C300189.0010
Zoning: R1-W
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: CAPE CORAL UNIT 3 BLK 189 PB 12 PG 78 LOTS 1 THRU 3
Section: 14
Range: 23E
Listing courtesy of THE KEYES COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.