3424 NE 21st Place Cape Coral, FL $ 515,000
3424 NE 21st Place
$ 515,000
Recently Listed New Construction
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3424 NE 21st Place

Cape Coral, FL, 33909
$ 515,000
Bedrooms3 Baths2.0 Sq 3,284

Monthly Estimate*

$ 3,171

3424 NE 21st Place, Cape Coral, FL 33909 - Image 1
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Multi-Family Home for sale in Cape Coral, FL

for $515,000 with 3 bedrooms and 2 full baths. This 3,284 square foot home was built in 2025 on a lot size of 0.244.

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.

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Multi-Family Active

Price

$ 515,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,032

Style

Ranch, One Story

Lot Size

0.244

Year Built

2025

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026021507

Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Patio/Porch Features Patio
Architectural Style Ranch One Story
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2025
Tenant Pays Application Fee Cable TV Electricity Grounds Care Internet Pest Control Pet Deposit Security
Stories Count 1
Property Subtype Duplex
Tax Year 2025
Gross Income 24000
Waterfront Features Canal Access Seawall
Community Features Boat Facilities Non-Gated
HOA Fee 2 0
County Lee
Net Operating Income 22000
Operating Expense 2000
New Construction true
Property Type Residential Income
Association Amenities None
Subdivision Name CAPE CORAL
Full Baths 2
Status Active
Directions 3424 NE 21ST PL CAPE CORAL
City Cape Coral
Land Lease Amount 0
Zoning Description R1-W
Number Of Units Total 2
MLS Area CC32 - Cape Coral Unit 84-88
Lot Size Units Acres
Tax Annual Amount 1032.3
Property Condition New Construction
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026021507
Structure Type Duplex
Standard Status Active
Tax Lot 3
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 85 BLK 5665 PB 24 PG 57 LOTS 3 + 4
HOA Fee 3 0
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 0
Total Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Sprinkler/Irrigation Patio Room For Pool
Lot Features Rectangular Lot Sprinklers Automatic
Water Source Well
Lot Size Area 0.244
Number of Buildings 1
Spa false
Building Area Total 3284
Lot Dimensions 85 x 125 x 85 x 125
Lot Size Acres 0.244
Road Surface Type Paved
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Liliana Pineda

Listing Agent

La Rosa Realty Llc

Broker

lilipineda.urealtor@gmail.com

Email

Affordability Calculator

$3,257
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,171
Monthly Property Taxes
$86
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2026$515,000 Listed Price

Map


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3424 NE 21st Place, Cape Coral, FL, 33909 is a Multi-Family Home for sale at $515,000 with 3,284 sqft and a lot size of 0.244. 3424 NE 21st Place has 3 bedrooms, 2.0 baths, and was built in 2025. The property's zip code is 33909 which is in Cape Coral, FL