$850,000
4 Bed Pool Home for Sale in Cape Coral
5215 Pelican Boulevard, Cape Coral, FL, 33914
About this home
Turnkey furnished 4 bedroom, 2.5 bath pool home with direct Gulf access and a highly desirable Southwest Cape Coral location. The outdoor living area is designed for enjoying the waterfront lifestyle with a resurfaced saltwater pool and sunshelf completed in 2023, electric heat, composite dock with captain’s walk around, 10,000 lb boat lift and tiki hut. The fully fenced yard adds privacy while the canal views create a relaxing setting throughout the property. Inside, the spacious island kitchen features wood shaker cabinets, ample counter space, bar seating for 8, a pot filler and pass through impact window to the lanai. The large primary suite offers sliding glass doors to the pool area with views of the canal and a beautifully renovated en suite bath with a freestanding soaking tub, oversized walk in shower and large vanity. Two spacious guest bedrooms are located toward the back of the home and share a large bath that also functions as a pool bath. The fourth bedroom sits just off the kitchen with French doors and works perfectly as a home office, gym, playroom or additional guest space. A half bath and interior laundry room add convenience and functionality. Located within walking distance to Rotary Park and nature trails and just a short bike ride to Tarpon Point Marina with waterfront dining, shopping and entertainment, this property also places you minutes from everyday conveniences while offering the best of Southwest Florida living.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1978
- Interior
- 1,983 sqft
- Lot size
- 10,323.72 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 88
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $11,900/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 16 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 5134 SW 3rd Avenue | Nov 2025 | $782,500 | 3/2 | 1,954 | $400 |
| 5324 SW 3rd Avenue | Oct 2025 | $670,000 | 3/2 | 1,876 | $357 |
| 5011 SW 5th Place | Aug 2026 | $920,000 | 3/2 | 2,050 | $449 |
| 101 SW 50th Street | Jun 2026 | $1,054,000 | 3/2 | 1,921 | $549 |
| 124 SW 56th Terrace | Jun 2026 | $650,000 | 3/3 | 1,842 | $353 |
| 628 SW 56th Street | Dec 2025 | $1,050,000 | 3/2 | 2,099 | $500 |
| Average | 6 comps | $854,417 | $435 |
Market trends, Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $25,000 (2.9%) from the original list price.
| Sep 3, 2026 | Back on market | |
| Aug 13, 2026 | Price reducedfrom $875,000 | $850,000 |
| May 28, 2026 | Listed | $875,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- 2-car garage
- Built 1978 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.