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Looking for a 3-bed single family in Cape Coral that's already $305,000

1721 SE 21st Terrace, Cape Coral, FL 33990

3 br, 2.0 ba, 1990 1215 sf
Lee County
Ad #: 6985547

Home For Sale near Caloosahatchee River

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 $305,000 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.

Property Details

  • Beds: 3
  • Baths: 2.0
  • Sq Feet: 1215
  • Year Built: 1990
  • Location: Caloosahatchee River
  • Acres: 0.263
  • County: Lee County
  • Community: CAPE CORAL
  • Heat/AC: Electric (Heating), Heat Pump (Heating), Central
  • Garage: Open, On Street, Driveway, Garage
  • Siding: Block, Concrete, Stucco
  • Roof: Shingle
  • Stories: 1
  • Swimming Pool: Yes
  • Property Taxes: $6,009
  • MLS #: 2025022174

Location

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Contact Information:

Contact Agent
Listing Agent: Taylor Newman, Coldwell Banker Residential Re, 239-241-3917, 239-275-5500 Listing Site, Listing Status: Active
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Cape Coral, Florida
Ad Number : 6985547
Viewed: 18 times
Added: Dec 18, 2025
Updated on: Feb 04, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.