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SHORT SALE OPPORTUNITY. This 3-bedroom, 2-bathroom, 1,261 sq. ft $250,000

421 SW 21st Terrace, Cape Coral, FL 33991

3 br, 2.0 ba, 1980 1261 sf
Lee County
Ad #: 6982972

Home Sale Pending near Cape Coral Area

SHORT SALE OPPORTUNITY. This 3-bedroom, 2-bathroom, 1,261 sq. ft. home is located in the desirable SW Cape Coral area and comes with a tenant already in place, making it an excellent income-producing property from day one, for an investor. No flood insurance required. The home offers a fenced-in backyard and a roof replaced in Dec 2022, two major upgrades already taken care of. While the property could use some updates, it presents strong upside potential for investors looking to maximize rental income or resale value. Conveniently situated near restaurants, shopping, schools, and parks, the location makes it highly attractive to future tenants and buyers alike.

Property Details

  • Beds: 3
  • Baths: 2.0
  • Sq Feet: 1261
  • Year Built: 1980
  • Location: Cape Coral Area
  • Acres: 0.230
  • County: Lee County
  • Community: CAPE CORAL
  • Heat/AC: Central, Electric (Heating)
  • Garage: Garage, Assigned
  • Siding: Block, Concrete, Stucco
  • Roof: Shingle
  • Stories: 1
  • Property Taxes: $4,980
  • MLS #: 2025007006

Location

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Contact Information:

Contact Agent
Listing Agent: Kara Pleasant, Weichert Realtors Agency ONE, 239-699-6382, 239-415-6500 Listing Site, Listing Status: Pending
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 Sale Pending in Cape Coral, Florida
Ad Number : 6982972
Viewed: 12 times
Added: Dec 02, 2025
Updated on: Jan 27, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.