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3424 21st Place, Cape Coral
New construction
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NE CAPE · 33909 · Canal

3424 21st Place

Cape Coral, FL 33909

$515,000
New construction Zone X

$314 / sq ft · 117 days on market

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  • 3 Beds
  • 2 Baths
  • 1,642 Sq ft
  • 2025 Built
  • 0.244 ac Lot

How this home is priced

List price $515,000, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 106 days.

$314

Per sq ft

Sold median $231

+28.8%

vs median sold

$400K median

106 days

Median days to close

New construction

99.1%

Sold-to-list

Typical negotiation

Builder & community

Builder
Community
CAPE CORAL
Subdivision
CAPE CORAL
MLS status
Active
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Utilities & assessments

Cape Coral's Utilities Extension Project converts well-and-septic streets to city water; the assessment follows the property.

Water
Well
Sewer
Septic Tank
Utility assessment
Possible in future

Possible future utility assessment. This street is on well and septic today. A future UEP assessment (often $12,000+) may be levied when city utilities arrive; ask the builder whether it is included.

Source: MLS. Verify current and future utility assessment status with the City of Cape Coral and the seller.

Flood zone Zone X

Minimal flood risk. Flood insurance is optional for most lenders and typically inexpensive on a new build. Read the flood-zone guide.

About this home

Excellent investment opportunity in the growing area of Cape Coral! This 3-bedroom, 2-bath home is already tenant occupied with a 12-month lease in place generating $2,000 monthly income from day one, making it a perfect turnkey investment property. The home features a freshwater canal frontage with seawall already in place, offering added value, privacy, and the enjoyable Cape Coral waterfront lifestyle. Located in a highly desirable and fast-developing area surrounded by new construction homes, this property is conveniently close to supermarkets, restaurants, shopping centers, schools, parks, and main roads with easy access throughout the city. Cape Coral continues to attract both residents and investors due to its strong rental demand, expanding infrastructure, and waterfront lifestyle. Whether you are looking to expand your rental portfolio or secure a property with immediate cash flow, this is an outstanding opportunity. Income-producing properties in this price range and location are becoming increasingly difficult to find.

Home features

Bedrooms
3
Bathrooms
2
Living area
1,642 sqft
Garage
2-car
Pool
No
Waterfront
Canal Access
Lot
0.244 acres
Stories
1
Year built
2025

Property details

MLS #
1168434330
Status
Active · New construction
MLS status
Active
Property type
Single-family residence
Subdivision
CAPE CORAL
Listed
May 18, 2026
Days on market
117
ZIP
33909
County
Lee County
Water
Well
Sewer
Septic Tank

Location

Open in Maps
LP

Listing agent

Liliana Pineda

La Rosa Realty LLC

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The data relating to real estate for sale on this website comes in part from the Southwest Florida MLS. Real estate listings held by brokerage firms other than the listing broker are marked with the IDX logo. Information deemed reliable but not guaranteed. © 2026 Southwest Florida MLS. Listing courtesy of La Rosa Realty LLC.

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