Imagine building your dream coastal home where boating, fishing, and island living are part of everyday life! Welcome to 5414 Martin Cove, a cleared waterfront homesite offering approximately one-third of an acre in the desirable Serenity Cove neighborhood of Bokeelia on Pine Island. Enjoy direct Gulf access with no bridges and an existing dock and boat lift, saving you the expense and hassle of starting your waterfront improvements from scratch! The boat lift was updated in 2023 with new cables, bunks, and one motor, making this property especially appealing to boating enthusiasts. The shoreline features riprap and a natural mangrove hedge, adding to the tropical island setting. Picture a beautiful elevated coastal home with spacious porches, room for entertaining, and your boat waiting just steps away. A conceptual home rendering is included to help you envision the possibilities! Spend your days exploring Pine Island Sound, Charlotte Harbor, Cayo Costa, Sanibel, Captiva, and the surrounding waterways, then return home to the peaceful charm of island living. Whether you're planning a full-time residence, seasonal retreat, or future retirement getaway, this waterfront property offers an exciting opportunity to create your own slice of paradise. Seller financing may be considered with acceptable terms. Don't just dream about the island lifestyle—start planning it today!
Active
$225,000
5414 Martin Cv, Bokeelia, FL 33922
--beds
--baths
0.33Acres
Unimproved Land
Built in ----
0.33 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Cleared waterfront homesite
- 400 days
- 42
- 4
Zillow last checked:
Listing updated:
Listed by:
Becky White 239-922-7015,
EXP Realty LLC
Source: Florida Gulf Coast MLS,MLS#: 2025009853
Originating MLS: Florida Gulf Coast
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Canal, Mangroves
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Access, Mangrove, Riprap
Lot
- Size: 0.33 Acres
- Dimensions: 86 x 209 x 52 x 206
- Features: Cleared, Irregular Lot
- Residential vegetation: Grassed
Details
- Parcel number: 2144220300000.0400
- Lease amount: $0
- Zoning description: RS-1
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Electricity Available, Sewer Not Available
Community & HOA
Community
- Features: Boat Facilities
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: SERENITY COVE
HOA
- Amenities included: None
- Services included: None
Location
- Region: Bokeelia
Financial & listing details
- Tax assessed value: $134,087
- Annual tax amount: $2,227
- Date on market: 9/10/2025
- Cumulative days on market: 401 days
- Listing terms: All Financing Considered,Cash,Owner May Carry
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Listed for sale | $225,000-10% |
Source: | ||
| 9/10/2025 | Listed for sale | $250,000+8.7% |
Source: | ||
| 3/10/2025 | Listing removed | $229,900 |
Source: | ||
| 2/12/2025 | Price change | $229,900-7.9% |
Source: | ||
| 12/3/2024 | Listed for sale | $249,500+9% |
Source: | ||
| 4/18/2024 | Listing removed | -- |
Source: | ||
| 1/9/2024 | Price change | $229,000-4.2% |
Source: | ||
| 12/3/2023 | Price change | $239,000-4.4% |
Source: | ||
| 11/1/2023 | Listed for sale | $250,000+8.7% |
Source: | ||
| 7/21/2023 | Sold | $229,900 |
Source: | ||
| 5/18/2023 | Pending sale | $229,900 |
Source: | ||
| 5/16/2023 | Listed for sale | $229,900+33.7% |
Source: | ||
| 10/15/2021 | Sold | $172,000+14.7% |
Source: | ||
| 9/27/2021 | Pending sale | $149,900 |
Source: | ||
| 9/24/2021 | Listed for sale | $149,900 |
Source: | ||
| 9/22/2021 | Pending sale | $149,900 |
Source: | ||
| 9/21/2021 | Listed for sale | $149,900-28.3% |
Source: | ||
| 10/6/2010 | Sold | $209,100-22.6% |
Source: Public Record Report a problem | ||
| 4/13/2005 | Sold | $270,000+500% |
Source: Public Record Report a problem | ||
| 5/7/2001 | Sold | $45,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,966 -11.8% | $134,087 -11.8% |
| 2024 | $2,228 +12.8% | $152,039 +19% |
| 2023 | $1,975 +17.1% | $127,756 +10% |
| 2022 | $1,687 +15.2% | $116,142 |
| 2021 | $1,465 +3.3% | -- |
| 2020 | $1,417 +3.5% | $90,614 -1% |
| 2019 | $1,370 | $91,511 -0.9% |
| 2018 | $1,370 +3.3% | $92,303 +26.1% |
| 2017 | $1,327 +13.7% | $73,186 +18.3% |
| 2016 | $1,167 +11.4% | $61,890 -1.3% |
| 2015 | $1,048 +0.7% | $62,683 -7.5% |
| 2014 | $1,041 -8.4% | $67,776 -24.8% |
| 2013 | $1,136 -13.8% | $90,069 +14.3% |
| 2012 | $1,318 +7.2% | $78,819 +9.1% |
| 2011 | $1,229 -45.5% | $72,250 -44.4% |
| 2010 | $2,255 -7.9% | $130,000 -13.3% |
| 2009 | $2,447 +16.5% | $150,000 +13.6% |
| 2008 | $2,100 -36.5% | $132,000 -37.1% |
| 2007 | $3,307 -11.9% | $210,000 -8.7% |
| 2006 | $3,755 +74% | $230,000 +100% |
| 2004 | $2,158 +88% | $115,000 +93.3% |
| 2003 | $1,148 +50.3% | $59,500 +52.6% |
| 2002 | $764 | $39,000 +69.6% |
| 2000 | -- | $23,000 |
Find assessor info on the county website








