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Property Description

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.

Features
: Equipment Stays, Below Ground, Concrete, Screen Enclosure, Pool/Spa Combo, Electric Heat
: Heat Pump, Central Electric
: Central Electric, Heat Pump, Ceiling Fan(s)
: ArchitecturalStyle
: Ranch, Single Family
: Tile
: Smoke Detectors, Volume Ceiling
: Laundry in Residence
1
: None
Appliances
: Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Washer, Refrigerator/Freezer
Address Map
US
FL
Lee
Cape Coral
FOUR MILE COVE
33990
W82° 3' 45.6''
N26° 36' 47.6''
R1-D
SE
FOUR MILE COVE
FOUR MILE COVE
Neighborhood
SCHOOL CHOICE
SCHOOL CHOICE
SCHOOL CHOICE
Additional Information
: Oversize
: Central, Assessment Paid
1
FOUR MILE COVE
2025-11-25
1
: 1
2
: Concrete Block
: Concrete Block, Stucco
1677
1
None
Financial
6008.68
Listing Information
Shelah Paivandiyazdi
P3444318
CBRE01
Coldwell Banker Realty
P3373049
CBRE01
Active
2025-12-04T00:35:24Z
NABOR
2025-11-25T22:37:39Z

1721 21st TER, Cape Coral, FL 33990
FOUR MILE COVE

Residential

3 Bedrooms
2 Bathrooms
1,215 Sqft
Visits : 0
$315,000
MLS ID #2025022174
Basic Details
Property Type : Residential
Listing Type : For Sale
MLS ID : 2025022174
Price : $315,000
View : Landscaped Area
Bedrooms : 3
Bathrooms : 2
Square Footage : 1,215 Sqft
Year Built : 1990
Lot Area : 0.26 Acre
Status : Active
F 150 : Attached, Driveway Paved, On Street
F 146 : Patio
F 138 : Fenced
Field 3220 : Single Family Residence
Development Name : FOUR MILE COVE
Virtual Tour : Click Here
Video Url : Click Here
Roof : Shingle
Property Sub Type : Single Family Residence
Full Bathrooms : 2
Agent info
Contact Agent

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