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    • $1,649,000

    5514 Merlyn Ln, Cape Coral, FL 33914

    3beds
    2,669sqft
    : 
    $10,477/mo
    Get pre-qualified
    Single Family Residence
    Built in 1997
    0.4 Acres Lot
    $1,529,000 Zestimate®
    $618/sqft
    $272/mo HOA

    What's special

    Quality craftsmanshipElegant trim workTimeless architectureRelaxing sunken soaking tubThoughtful design throughoutRich cherry-glazed cabinetryRecessed lighting
    Welcome to the first-time offering of this exceptional waterfront home, perfectly positioned on a direct Gulf Access canal with **121 feet of seawall** and breathtaking **wide intersecting canal views** that create the perfect backdrop for unforgettable Southwest Florida sunsets. Designed with the boating enthusiast in mind, the expansive waterfront easily accommodates larger vessels, and **open water is just minutes away**, making every day an invitation to explore the Gulf. Lovingly maintained by its original owner, this custom residence showcases timeless architecture, quality craftsmanship, and thoughtful design throughout. Spacious living and family rooms are perfectly positioned to capture the tranquil water views, creating an inviting setting for both everyday living and entertaining. The kitchen features rich cherry-glazed cabinetry, recessed lighting, stainless steel appliances, a built-in wall oven, and a sleek cooktop. The private primary suite has been enhanced with updated flooring and offers a peaceful sitting area, while the luxurious primary bath offers recently updated cabinetry and countertops, dual vanities, a tiled walk-through shower, and a relaxing sunken soaking tub. Additional highlights include a **2023 tile roof**, **2023 5-ton air conditioning system**, central vacuum, elegant trim work, and numerous custom architectural details that add character and charm throughout the home. Whether you're searching for an exceptional boating property or a peaceful waterfront retreat, this rare Cape Harbour opportunity offers an unbeatable combination of location, quality, and spectacular views.  Owner has an affordable transferable Flood Policy that offers additional peace of mind.
    6 days
    |
    747
    |
    37
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Megan Eister 239-295-9098,

    Weichert Realtors Agency ONE,

    Jason Schroeder 239-415-6500,

    Weichert Realtors Agency ONE

    Source: Florida Gulf Coast MLS,MLS#: 2026030619MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bathroom, Den, Family Room, Guest Quarters, Office
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Washer
      • Laundry: Inside, Laundry Tub
      Features
      • Bathtub, Tray Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, Kitchen Island, Main Level Primary, Pantry, Separate Shower, Cable TV, Walk-In Closet(s), Window Treatments, Central Vacuum, High Speed Internet, Home Office, Split Bedrooms, Bathroom, Den, Family Room, Guest Quarters, Office
      • Flooring: Tile, Vinyl
      • Doors: French Doors
      • Windows: Single Hung, Sliding, Window Coverings
      Interior area
      • Total structure area: 3,186
      • Total interior livable area: 2,669 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Driveway, Garage, Paved, Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Open, Porch
      • Exterior features: Sprinkler/Irrigation, Shutters Manual
      • Has private pool: Yes
      • Pool features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Community
      • Has view: Yes
      • View description: Canal, Water
      • Has water view: Yes
      • Water view: Canal,Water
      • Waterfront features: Canal Access, Seawall
      Lot
      • Size: 0.4 Acres
      • Dimensions: 90 x 160 x 121 x 167
      • Features: Oversized Lot, Sprinklers Automatic
      Details
      • Parcel number: 214523C200101.0180
      • Lease amount: $0
      • Zoning description: R1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch,One Story
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete, Stucco
      • Roof: Tile
      Condition
      • Resale
      • Year built: 1997

      Utilities & green energy

      • Sewer: Assessment Paid, Public Sewer
      • Water: Assessment Paid, Public
      • Utilities for property: Cable Available, High Speed Internet Available, Underground Utilities

      Community & HOA

      Community
      • Features: Boat Facilities, Gated, Shopping, Street Lights
      • Security: Security Gate, Gated Community, Smoke Detector(s)
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: CAPE HARBOUR
      HOA
      • Has HOA: Yes
      • Amenities included: Basketball Court, Boat Dock, Marina, Boat Ramp, Clubhouse, Fitness Center, Pickleball, Pool, Restaurant, Boat Slip, See Remarks, Sidewalks, Tennis Court(s), Management
      • Services included: Association Management, Cable TV, Internet, Legal/Accounting, Recreation Facilities, Road Maintenance, Security
      • HOA phone: 800-746-9464
      • Second HOA fee: $272 monthly
      Location
      • Region: Cape Coral

      Financial & listing details

      • Price per square foot: $618/sqft
      • Tax assessed value: $1,237,252
      • Annual tax amount: $6,396
      • Date on market: 7/18/2026
      • Listing terms: All Financing Considered,Cash
      • Ownership: Single Family
      • Road surface type: Paved

        Estimated market value

        $1,529,000

        $1.45M - $1.61M

        $5,397/mo

        Price history

        DateEventPrice
        7/18/2026Listed for sale$1,649,000+478.8%$618/sqft
        Source: Florida Gulf Coast MLS #2026030619 Report a problem
        11/4/1997Sold$284,900$107/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,397 +4.6%$417,161 +2.9%
        2024$6,115 +2.9%$405,404 +3%
        2023$5,941 +3.8%$393,596 +3%
        2022$5,723 -3%$382,132
        2021$5,902 -1.6%--
        2020$5,998 +3%$365,880 -41.2%
        2019$5,826 $621,759 +77.1%
        2018$5,826 +0%$350,985 +2.1%
        2017$5,824 +0.4%$343,766 -39.3%
        2016$5,803 +1.8%$566,734 -3.2%
        2015$5,698 -1.3%$585,404 +1.2%
        2014$5,771 -9.9%$578,613 +1.7%
        2013$6,404 +4.8%$568,982 +9.2%
        2012$6,113 +1.5%$521,005 +13.7%
        2011$6,021 -0.4%$458,068 +3.5%
        2010$6,042 +5.4%$442,729 -38.5%
        2009$5,731 +21%$719,870 +8.4%
        2008$4,737 -3.1%$664,240 -27.2%
        2007$4,891 -0.8%$912,220 -0.6%
        2006$4,928 -7.2%$917,890 +48%
        2004$5,309 -2.6%$620,330 +21.6%
        2003$5,452 -0.1%$509,970 +27.2%
        2002$5,457 $401,060 +65%
        2000-- $243,030
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33914

        Getting around

        24 / 100
        Car-Dependent
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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