$850,000
3 Bed Pool Home for Sale in Cape Coral
1229 SW 21st Terrace, Cape Coral, FL, 33991
About this home
Your guests will never want to leave. And that is exactly the point. This one-of-a-kind Cape Coral estate sits directly on the Palmetto Pines 18-hole championship golf course, with stunning fairway views and zero membership fees, zero HOA dues, and zero flood insurance required. Own the lifestyle without the carrying costs. At the heart of the home sits something that does not exist anywhere else in this market: a full indoor pool and spa wrapped inside a glass solarium gallery with 26 sliding doors and 36 skylights overhead. Rain or shine, midnight or noon, the party never has to stop. Every bedroom opens directly into the solarium. The paver porch spills out onto the golf course. This home was built to entertain at a level most properties simply cannot match. The double gourmet kitchen backs it all up two ovens, two sinks, two microwaves, and a Jenn-Air grill and griddle center island built for serious hosting. Recent updates throughout. Proven Airbnb income history on file. 3,089 sq ft under air. No HOA. No flood insurance. Golf course frontage with no membership required. There is nothing else like this in Southwest Florida. Proven STR Income · Indoor Pool & Spa · Golf Course Views · No Membership Fees · No HOA · No Flood Insurance
Property details
- Type
- SingleFamilyResidence
- Year built
- 1987
- Interior
- 1,927 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 3 car
- Days on market
- 50
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $11,900/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Amenities
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.
Based on the $/sqft of 10 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1923 SW 15th Place | Jul 2026 | $700,000 | 4/3 | 2,002 | $350 |
| 1919 SW 15th Place | Jul 2026 | $700,000 | 4/3 | 2,002 | $350 |
| 1213 SW 24th Street | Mar 2026 | $665,000 | 3/3 | 2,121 | $314 |
| 1429 SW 24th Street | Jul 2026 | $665,000 | 4/3 | 2,015 | $330 |
| 2510 SW 17th Avenue | Nov 2025 | $665,000 | 4/2 | 1,887 | $352 |
| 1821 SW 25th Terrace | Feb 2026 | $665,000 | 4/3 | 2,002 | $332 |
| Average | 6 comps | $676,667 | $338 |
Market trends, Island Park (Cape Coral)
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Private pool
- Storm protection: Impact Windows/Doors
- 3-car garage
- Built 1987 — pre-2002 construction may carry older wind codes and higher insurance
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.