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5208 3rd SW Ave
Cape Coral, FL 33914 Pelican

$514,950 USD

Specialty For Sale  •  2,087 SF

Property Details

• Property Type Specialty
• Total Building Size 2,087 SF
• Lot Size 0.24 AC
• Year Built 1979
• Cap Rate 13.98 %
• Zoning Single Family Residential

0 Transit Score

4 Walk Score

Highlights

AIR BNB: 3 Bedrooms, 2 Bathrooms - Private Primary Suite with Lanai Access

Deepwater Gulf Access with No Bridges — Minutes to River, Intracoastal & Gulf, Oversized Dock with 10,000 lb Boat Lift & Concrete Seawall

Updated Kitchen with Granite Countertops and Upgraded Appliances

Sparkling Pool and New Tiki Hut

New Garage Door & 2-Year-Old Roof

Newer Major Systems Throughout

Financial Summary (Actual)

Net Operating Income: $72,000 USD (2025)

Cap Rate:

13.98 %

Public Transportation

Airport	Drive	Walk	Distance
Southwest Florida International	32 min	-	16.5 mi
Punta Gorda	49 min	-	31.7 mi