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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.
Property Details
Price: $688,000
Sq Ft: 1,397
($492 per
sqft)
Bedrooms: 3
Bathrooms: 2
City: Cape Coral
County: Lee
Type: Single Family
Development: Cape Coral
Acres: 0.4280
Virtual Tour/Floorplan:
View
Year Built: 1965
Listing Number: 2025018212
Status Code: A-Active
Taxes: $3,266.33
Tax Year: 2024
Garage:
2
/
Y
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Foyer
Smoke Detectors
Window Coverings
Amenities:
None
Financial Information:
Taxes: $3,266.33
Tax Year: 2024
Exterior Features:
Boat Dock Private
Boat Lift
Dock Included
Wooden Dock
Screened Lanai/ Porch
Equipment:
Range
Refrigerator
View:
Y
Waterfront Description:
Canal Front
Additional Information:
Building Description: Ranch, Single Family
Community Type: Non- Gated
MLS Area: Cape Coral
Total Square Footage: 2,027
Total Floors: 1
Water: Assessment Paid, Central
Construction: Concrete Block, Stucco
Date Listed: 2025-11-08 00:00:00
Furnished: Unfurnished
Windows: Window Coverings
Parking: Driveway Paved, Attached
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Roof: Shingle
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Storm Protection: None
Security: Smoke Detector(S)
Irrigation: Central
Pets: Yes
Restrictions: None/ Other
Maintenance: None
Rear Exposure: E
Lot Desc.: Corner Lot, Irregular Lot, Oversize
Amenities: None
Map of 5229 Pelican Blvd, Cape Coral, FL 33914
Listing Courtesy Of: The Keyes Company
heatherpsells@gmail.com