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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
Price: $305,000
Sq Ft: 1,215
($251 per sqft)
Bedrooms: 3
Bathrooms: 2
City: Cape Coral
County: Lee
Type: Single Family
Development: Cape Coral
Acres: 0.26
Virtual Tour/Floorplan:
View
Year Built: 1990
Listing Number: 2025022174
Status Code: A-Active
Taxes: $6,008.68
Tax Year: 2024
Garage:
2
/
Attached
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Smoke Detectors
Volume Ceiling
Amenities:
None
Financial Information:
Taxes: $6,008.68
Tax Year: 2024
Equipment:
Auto Garage Door
Dishwasher
Disposal
Dryer
Microwave
Refrigerator/Freezer
Self Cleaning Oven
Smoke Detector
Washer
View:
Landscaped Area
School Information:
Elementary School: School Choice
Middle School: School Choice
Junior High: School Choice
High School: School Choice
Additional Information:
Building Design: Single Family
Community Type: No Subdivision
MLS Area: Cc13 - Cape Coral Unit 19-21, 25, 26, 89
Price per Square Feet: $251.03
Total Floors: 1
Water: Assessment Paid, Central
Construction: Concrete Block, Stucco
Foreclosure: No
Short Sale: No
Date Listed: 2025-11-25 00:00:00
Pool: Yes
Pool Type: Pool/Spa Combo, Below Ground, Concrete, Equipment Stays, Electric Heat, Scr
Pool Description: Pool/Spa Combo, Below Ground, Concrete, Equipment Stays, Electric Heat, Screen Enclosure
Private Spa: Yes
Furnished: Unfurnished
Parking: Driveway Paved, On Street, Attached
Garage Description: Attached
Garage Spaces: 2
Flooring: Tile
Roof: Shingle
Heating: Central Electric, Heat Pump
Cooling: Ceiling Fan(S), Central Electric, Heat Pump
Fireplace: No
Storm Protection: Shutters - Manual
Security: Smoke Detector(S)
Laundry: Laundry In Residence
Irrigation: Assessment Paid, Central, Reclaimed
55+ Community: No
Pets: Yes
Restrictions: None
Maintenance: None
Lot Desc.: Oversize
Amenities: None
Map of 1721 21St Ter Se, Cape Coral, FL 33990
Listing Courtesy Of: Coldwell Banker Realty
taylor.newman@floridamoves.com