3 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 226009856

$390,000

3 Bed SingleFamilyResidence for Sale in Cape Coral

5319 SW 21st Place, Cape Coral, FL, 33914

3 beds2 baths1,923 sqft2 garage

About this home

Positioned on one of the most desirable Royal Palm-lined streets just off El Dorado Pkwy W, this tile-roof residence offers space, privacy, and long-term upside in Southwest Cape Coral. Surrounded by Gulf-access homes, you enjoy the neighborhood prestige without the premium price. The open-concept design features high ceilings with tray details, neutral tile flooring in main areas, laminate in the spacious primary suite, and a large granite kitchen with extended breakfast bar overlooking the living and dining areas. Sliding doors lead to a covered lanai and an oversized backyard with plenty of room to design your future pool oasis. The primary suite is oversized and privately positioned, featuring dual vanities and a soaking tub designed for comfort. Concrete block construction, irrigation system, mature landscaping, and no HOA. Minutes from Cape Harbour, waterfront dining, and biking paths. A smart lifestyle purchase in a high-demand pocket of the city.

Property details

Type
SingleFamilyResidence
Year built
2004
Interior
1,923 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
180
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,460/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$203/sqft
Comp median
$228/sqft
Difference
-11%

Based on the $/sqft of 7 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1929 SW 54th LaneJun 2026$480,0003/22,079$231
5245 SW 19th PlaceFeb 2026$380,0003/21,945$195
5131 SW 20th AvenueDec 2025$460,0003/21,942$237
5119 SW 20th AvenueApr 2026$468,0003/22,052$228
5033 SW 22nd PlaceOct 2025$342,1173/21,943$176
5781 Cape Harbour Drive 809Aug 2026$487,5003/21,737$281
Average6 comps$436,270$225

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $50,000 (11.4%) from the original list price.

Aug 31, 2026Price reducedfrom $395,000$390,000
Mar 4, 2026Listed$440,000

The good, the trade-offs & the location

Pros
  • Built 2004 — post-2002 Florida wind codes (typically lower insurance)
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
7.2 mi
Cape Coral Hospital
Beach
8.1 mi
Fort Myers Beach
Airport
9.9 mi
Page Field (Fort Myers)
Shopping
8.3 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.