Waterfront Home for Sale in Serenity Cove
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For SaleMLS# 2026035563

$199,000

Waterfront Home for Sale in Serenity Cove

5417 Martin Cove, Bokeelia, FL, 33922

- beds baths sqft
GatedBoatingWaterfront

About this home

Build your dream island home on this oversized, cleared waterfront lot in the beautiful Serenity Cove community of Bokeelia. With DIRECT GULF ACCESS and no bridges, this property offers the laid-back Pine Island lifestyle for boaters, anglers, and anyone who dreams of living on the water. This waterfront location puts an incredible array of boating and recreational destinations right at your doorstep. From your own backyard, cruise to Cayo Costa, Sanibel, Cabbage Key, and other popular island destinations, with easy access to world-class fishing, pristine beaches, and open Gulf waters. A short car or boat ride brings you to Jug Creek Marina. With no HOA restrictions, you have the freedom to design and build the coastal retreat you’ve always envisioned. Enjoy the privacy and flexibility of an oversized cleared lot. Bring your boat, bring your plans, and start building your Pine Island dream in Serenity Cove!

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
13,068 sqft
Acreage
0.30 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$2,786/yr
Flood zone (area est.)
Unknown · Undetermined risk (OPEN WATER)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
None
Sewer
None
New construction
No
Pets
Not specified
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.

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Market trends, Bokeelia

Median list
$494,000
Median $/sqft
$333
Median sold (90d)
$382,000
Avg days on market
110
Active listings
71
Median sold price · Bokeelia
$382,000last 3 months13.6% vs $442,125 prior 3 months
Median closed price by month · Bokeelia
2.7% MoM30.3% YoY
$273k$486k$700kAug ’25Aug ’26
$355,000Aug ’26 · 4 sales

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.

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone OPEN WATER)
  • Waterfront
Consider
  • No garage listed
Location convenienceModerate
Hospital
10.6 mi
Cape Coral Hospital
Beach
13.2 mi
Sanibel Island
Airport
16 mi
Page Field (Fort Myers)
Shopping
11 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.