
5028 PELICAN BOULEVARD, CAPE CORAL, FL, 33914
Active37 days on marketListed Oct 1, 2026MLS #C7531373
About this home
5028 PELICAN BOULEVARD
LAKEFRONT GULF ACCESS - FULLY PAID SOLAR - 12000 LB COVERED LIFT. 5028 Pelican Blvd offers a rare opportunity to own a Gulf-access home directly on Thunderbird Lake, part of Cape Coral’s FAMOUS 8 LAKES. With WIDE WATER VIEWS and WESTERN EXPOSURE, this 3-bedroom, 2-bath home is all about enjoying the Southwest Florida waterfront lifestyle, from beautiful sunsets over the lake to boating right from your backyard. The home offers 1,843 square feet of living space, a distinctive front-facing gable, mature tropical landscaping, a circular driveway with plenty of parking, and a large screened front porch leading to the double-door entry. Inside, the spacious living area is full of character with impressive wood ceilings and walls, tile flooring throughout, and large sliders that draw your attention toward the water. The recently remodeled kitchen features abundant cabinetry, granite countertops, a glass tile backsplash, stainless steel appliances, pantry storage, a large ISLAND and BREAKFAST BAR. The primary bedroom is generously sized with room for a sitting area, a walk-in closet and private ensuite bath. Outside is where this home really shines. A large covered lanai opens to the screened freeform pool and expansive western views across Thunderbird Lake. The PICTURE WINDOW POOL SCREEN keeps the water view open and unobstructed. Boaters will appreciate the large dock with plenty of room to sit by the water and a COVERED 12,000 LB BOAT LIFT for easy access to Cape Coral’s extensive canal system and the Gulf. Additional features include a FULLY PAID SOLAR SYSTEM installed in 2021, a 2021 ROOF, Honey Bell orange and miniature banana trees, and mature landscaping that provides welcome summer shade. The location is also convenient to downtown Cape Coral, Cape Harbour and Tarpon Point, while the popular 20-mile bike path loop passes right in front of the home. A unique 8 Lakes property combining boating, poolside living, wide-water views and some of Cape Coral’s best sunset scenery.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,843
Sqft
0.26 ac
Lot size
2
Garage
1979
Year built
One
Levels
$379
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,214 /mo · 10% down Conventional, 30-yr fixed at 7.5%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,214/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+25.5%
$/sqft vs CAPE CORAL
$379 vs $228
Days on market
37 vs 45 typical
Where $379/sqft sits among the 168 homes for sale in CAPE CORAL
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Eight Lakes
Get to know Cape Coral. See the full Cape Coral guide →
Eight Lakes — neighborhood snapshot
Population
515
Median age
68
Median income
$129,279
Median home value
$633,300
Avg household
2
Households w/ children
8%
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Cape Coral market
$358K → $415K
Cape Coral median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
72 of 168
CAPE CORAL have cut their price
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 57% above the CAPE CORAL 33914 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 5028 PELICAN BOULEVARD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$460,000
122 NE 11TH TERRACE · same community
4 bd · 2 ba · 1,832 sqft · $251/sqft · 43 DOM
Sold · Dec ’25$560,000
210 SW 37TH TERRACE · same community
3 bd · 2 ba · 1,856 sqft · $302/sqft · 163 DOM
Sold · Feb ’26$375,000
2116 NE 17TH AVENUE · same community
4 bd · 2 ba · 1,799 sqft · $208/sqft · 5 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Frederick Paige
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5028 PELICAN BOULEVARD — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5028 PELICAN BOULEVARD — before you fall in love.
See it in person
Schedule a tour
Live availability from Frederick's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5028 PELICAN BOULEVARD FAQs
What would the monthly payment be for 5028 PELICAN BOULEVARD?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $5,214/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5028 PELICAN BOULEVARD?+
The most recent tax bill on record (2025) was $4,712. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Cape Coral?+
At $699,000, this home is listed about 66% above the Cape Coral median of $419,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5028 PELICAN BOULEVARD?+
Pelican Elementary School (elementary), Cape Elementary School (elementary), Gulf Middle School (middle), Ida S. Baker High School (high), Gulf Elementary School (elementary), Cape Coral High School (high), Trafalgar Middle School (middle), Mariner High School (high), North Fort Myers High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$699,000 runs 57% above the CAPE CORAL 33914 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Pelican Elementary School, Cape Elementary School, Gulf Middle School, Ida S. Baker High School, Gulf Elementary School, Cape Coral High School, Trafalgar Middle School, Mariner High School, North Fort Myers High School — Gulf Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of CENTURY 21 SELLING PARADISE · Christine Blasses. MLS #C7531373.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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