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.
For 1721 Se 21st Ter, CAPE CORAL, FL (MLS® #2025022174)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $315,000 to $305,000 | $10,000 (3.17%) |
Driveway Paved, On Street, Attached
Pool/Spa Combo, Below Ground, Concrete, Equipment Stays, Electric Heat, Screen Enclosure
Single Family Residence, Single Family
CC13 - Cape Coral Unit 19-21,25,26,89
Driveway Paved, On Street, Attached
Pool/Spa Combo, Below Ground, Concrete, Equipment Stays, Electric Heat, Screen Enclosure
Smoke Detectors, Volume Ceiling
Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Washer
Ceiling Fan(s), Central Electric, Heat Pump
Inquire now for more information about the community of CAPE CORALFind out more!
| Listings | Average DOM | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|---|
| Active | 6609 | 183 | $345,890 | $227 | $398,500 | $305,000 |
| Sold (past 6 mths) | 2268 | 231 | $477008 | $251 | $329,900 | $305,000 |
$375,000
3 Beds • 2 Baths • 1,634 Sqft
CAPE CORAL
Great Flip Opportunity, Fha Repair Loan Property (203 K Loan) Or Investment Property. There's Work Needed On This Property, But Plenty Of Equity On...
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$310,000
3 Beds • 2 Baths • 1,331 Sqft
CAPE CORAL
This Gem Is Centrally Located In Se Cape Neighborhood With No Flood Insurance Required. Step Inside To Find A Residence That Has Been Completely Re...
$279,900
3 Beds • 2 Baths • 1,236 Sqft
CAPE CORAL
Welcome To This Well-maintained 3-bedroom, 2-bathroom Home With A 2-car Garage, Located In A Desirable Se Cape Coral Neighborhood. From The Moment ...
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$280,000
3 Beds • 2 Baths • 1,589 Sqft
CAPE CORAL
Located In A Well-established Neighborhood With Roof Changed Around 6 Years Ago, Refreshed Paint Inside And Outside, Laminate In Living Area. This ...
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