5229 PELICAN, CAPE CORAL, FL, 33914 — photo 1
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5229 PELICAN, CAPE CORAL, FL, 33914

$689,000

3 Beds2 Baths1,289 Sq FtBuilt 19650.43 Acres2 Garage

About This 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.

Subdivision

CAPE CORAL

Status

Active

Listed By

MILOFF AUBUCHON REALTY GROUP

Days on Market

155

Mortgage Calculator

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Est. Monthly Payment

$4,180

30-yr fixed · 20% down · 6.875%

Principal & Interest$3,621
Property Tax (actual)$272
Est. Home Insurance~0.5% est.$287
Total / month$4,180
Loan amount$551,200

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

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MLS# 31697f736bc4d4a2187d2dd99a119b80

Location