$315,000

1721 SE 21st TER, Cape Coral, FL 33990

3 beds |
2 baths |
1,215 sqft

Single-Family Home
Built in 1990
0.26acre lot
2 car garage
$259/sqft
Listed 7 days ago

Property Description

Looking for a 3-bed single family in Cape Coral that’s already tenant-occupied and 1031 exchange ready? This income-producing home in the 4 Mile Cove area delivers key upgrades, a screened pool and spa, and a spacious oversized lot with tropical landscaping. Located at 1721 SE 21st Pl, this 3-bed, 2-bath home features 1,215 square feet of interior space and is move-in ready or continue leasing for steady returns. Built in 1990 and thoughtfully updated, it offers a new roof, gutters, lanai repairs, a pool motor, toilet, and water heater—all installed in 2022. In 2020, the entire interior was professionally repainted for a clean, modern feel. The fully enclosed pool and spa area offers privacy and year-round enjoyment. The property is beautifully framed by mature palms and fruit trees. A 2-car garage and 4-car driveway provide ample parking. Currently rented to reliable tenants who pay on time, this home is an ideal candidate for a 1031 exchange or long-term investment strategy. A transferable flood policy adds value and savings for the next owner. Priced at $315,000 and located in Cape Coral’s desirable 4 Mile Cove area near parks, retail, and major routes, this property balances convenience, livability, and cash flow potential.

Listing Status:: Active
Date Added:: November 25, 2025 at 06:00AM
Listing Office:: Coldwell Banker Realty : (239) 275-5500
MLS ID:: 2025022174

General: Smoke DetectorsVolume Ceiling
Appliances: DishwasherDisposalDryerMicrowaveRefrigerator/FreezerSelf Cleaning OvenWasher
Dining: Dining - Living
Laundry: Laundry in Residence
Flooring: Tile
A/C: Ceiling Fan(s)Central ElectricHeat Pump
Heating: Central ElectricHeat Pump

General: Below GroundConcreteEquipment StaysHeated ElectricPool IntegratedScreened
Style: RanchSingle Family
Pool: Pool/Spa ComboBelow GroundConcreteEquipment StaysElectric HeatScreen Enclosure
Parking: Driveway PavedOn StreetAttachedParking spaces: 2

Roofing: Shingle
General: Concrete BlockStucco1Concrete Block

Road/Access: Paved
HOA Amenities: 0.0
Originating MLS: Florida Gulf Coast
County: Lee

Zoning: R1-D29-44-24-C4-05388.0220
View: Landscaped AreaView
Fencing: Fenced
Restrictions: None

Water: Assessment PaidCentral

Source: Florida Gulf Coast

This listing courtesy of Coldwell Banker Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Caloosa Elementary School

620 Del Prado Blvd S, Cape Coral, FL, 33990

Grades KG-5

2.11 miles away

Caloosa Middle School

610 Del Prado Blvd S, Cape Coral, FL, 33990

Grades 6-8

2.03 miles away

Cape Coral High School

2300 Santa Barbara Blvd, Cape Coral, FL, 33991

Grades 9-12

2.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.