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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 $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.
Property Details
Price: $315,000
Sq Ft: 1,215
($259 per sqft)
Bedrooms: 3
Bathrooms: 2
Unit On Floor: 1
City: Cape Coral
County: Lee
Type: Single Family
Development: Cape Coral
Subdivision: Four Mile Cove
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:
2.00
/
Y
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Bedroom On Main Level
High Ceilings
Living Dining Room
Split Bedrooms
Shower Only
Separate Shower
Cable Tv
Amenities:
None
Financial Information:
Taxes: $6,008.68
Tax Year: 2024
Exterior Features:
Fence
Fruit Trees
Sprinkler Irrigation
Patio
Shutters Manual
Equipment:
Dryer
Dishwasher
Freezer
Disposal
Microwave
Refrigerator
Self Cleaning Oven
Washer
School Information:
Elementary School: School Choice
Middle School: School Choice
Junior High: School Choice
High School: School Choice
Additional Information:
Building Description: Ranch, One Story
MLS Area: Cc13 - Cape Coral Unit 19-21, 25, 26, 89
Total Square Footage: 1,677
Total Floors: 1
Water: Assessment Paid, Public
Construction: Block, Concrete, Stucco
Date Listed: 2025-11-25 17:37:39
Pool: Y
Pool Description: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, Pool Spa Combo
Private Spa: Y
Furnished: Unfurnished
Windows: Single Hung
Parking: Attached, Driveway, Garage, Paved, Two Spaces, On Street, Garage Door Opener
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Tile
Roof: Shingle
Heating: Central, Electric, Heat Pump
Cooling: Central Air, Ceiling Fans, Electric, Heat Pump
Security: None, Smoke Detectors
Laundry: Inside
Irrigation: Municipal, Included In Assessment, Reclaimed Water
Pets: Yes
Sewer: Assessment Paid, Public Sewer
Lot Desc.: Oversized Lot, Sprinklers Automatic
Amenities: None
Map of 1721 Se 21St Ter, Cape Coral, FL 33990
Listing Courtesy Of: Coldwell Banker Realty
taylor.newman@floridamoves.com