Home > Cape Coral > 5229 Pelican Blvd, Cape Coral, FL 33914
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5229 Pelican Blvd, Cape Coral, FL 33914 - 3 Bedroom Home in Cape Coral

$649,000

MLS Number
2025018212
Bedrooms
3 Bed
Bathrooms
2 Baths
Living Area
1,397 sq ft
Total Area
2,027 sq ft
Garage Spaces
2
Year Built
1965
Days on Market
255

Property Description

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.

The Basics

Property Type Single Family
Gulf Access Yes
Boat Access Boat Dock Private, Boat Lift, Dock Included, Wooden Dock
Private Pool No
Private Spa No
Acres 0.428
Furnished Unfurnished
Last Modified 18 hours ago
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Financials & HOA Fees

Foreclosure No
Auction No
Short Sale No
Mandatory HOA No
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Building Features

Building Style 1 Story/Ranch
Construction Materials Concrete Block, Stucco
Cooling Ceiling Fan(s), Central Electric
Covered Spaces 2
Elevator None
Floor Plan Split Bedrooms
Floors 1
Garage Spaces 2
Patio and Porch Patio
Rear Exposure East
Roof Shingle
Security Features Smoke Detector(s)
Storm Protection None
View Canal
Water Source Assessment Paid, Central
Waterfront Features Canal Front
Window Features Window Coverings
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Interior Features

Appliances & Equipment Range, Refrigerator, Smoke Detector
Interior Features Foyer, Smoke Detectors, Window Coverings
Additional Rooms Family Room, Screened Lanai/Porch
Gas No
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Neighborhood and Community

Pets Allowed Yes
Amenities None
Neighborhood Cape Coral
Neighborhood Type Non-Gated
Included in Fees None
HOA Restrictions None/Other
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Additional Images

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Chris Farrugia, REALTOR Portrait

Chris Farrugia, M.B.A.

Realtor® at The Listing Naples Group

📞 (239) 248-8171
📧 chris@listingnaples.com

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The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Listing provided by The Keyes Company.

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