For sale Home

Listed Nov 4, 2026

$630,000 Est. $4,167/mo

5229 Pelican Boulevard

  • 3

    Beds

  • 2

    Baths

  • 1,397

    Sq ft

The story

  • Waterfront

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.

Facts & features

Home type

Home

Year built

1965

Floors

1

Price per sq ft

$451

Parking

2-car garage

Included features

  • Cooling

    Ceiling Fan(s), Central Electric

  • Heating

    Central Electric

  • Appliances

    Gas Cooktop, Microwave, Range, Refrigerator/Icemaker

  • Roof

    Shingle

  • Lot Information

    Corner Lot, Irregular Lot, Oversize

  • Exterior

    Boat Dock Private, Boat Lift, Dock Included, Wooden Dock, Screened Lanai/Porch

  • Water Source

    Assessment Paid, Central

Mortgage calculator

Estimated monthly payment

$4,167 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,353
  • Property tax $630
  • Insurance $184

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

The Keyes Company

Broker Name

The Keyes Company

Agent

Heather Porrett