3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026030072

$339,000

3 Bed Waterfront Home for Sale in Cape Coral

4308 NE 21st Avenue, Cape Coral, FL, 33909

3 beds2 baths1,793 sqft2 garage
GatedBoatingWaterfront

About this home

Freshwater Front Home with Lush Tropical Landscaping – Not in a Flood Zone! Experience the best of Florida living in this beautifully maintained 3-bedroom home with a versatile den/office, perfectly situated on a peaceful freshwater canal. Designed with both comfort and style in mind, the open floor plan creates a bright, spacious atmosphere that's ideal for everyday living and entertaining. The well-appointed kitchen flows seamlessly into the living and dining areas, making it easy to gather with family and friends. Step outside to the inviting lanai, where you can relax and enjoy the tranquil waterfront setting or host memorable outdoor gatherings. This home has been thoughtfully updated with numerous improvements, including: * New roof (2022) * Fresh exterior paint * PGT hurricane impact windows and doors * New insulated, hurricane-rated garage door * Generator hookup at the main electrical meter * Mini-split air conditioning system in the garage for year-round comfort * Composite decking on the upper deck with a maintenance-free vinyl railing system and illuminated post caps * Full irrigation system to keep the lush tropical landscaping thriving year-round * Updates master bath shower with rain head and seamless glass enclosure The spacious primary suite offers a relaxing retreat with a soaking tub, separate walk-in shower, and generous layout. Best of all, this property is **NOT LOCATED IN A FLOOD ZONE**, providing added peace of mind while still enjoying the beauty of freshwater frontage. With exceptional upgrades, stunning outdoor spaces, and a prime waterfront location, this home truly has it all. Schedule your private showing today and discover everything there is to love about this exceptional property!

Property details

Type
SingleFamilyResidence
Year built
2007
Interior
1,793 sqft
Lot size
10,149.48 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,746/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
Northwest
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
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.

At marketThis home is priced in line with comparable recent sales.
This home
$189/sqft
Comp median
$186/sqft
Difference
+2%

Based on the $/sqft of 20 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
4408 NE 21st PlaceAug 2026$339,0004/31,683$201
2043 NE 42nd StreetJun 2026$327,0004/21,774$184
2006 NE 44th TerraceFeb 2026$342,3004/21,829$187
4134 NE 20TH CourtAug 2026$330,0004/21,808$183
1910 NE 42nd TerraceMar 2026$325,0004/31,683$193
1533 NE 34TH LaneJul 2026$320,0004/21,808$177
Average6 comps$330,550$188

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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.

The good, the trade-offs & the location

Pros
  • Built 2007 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceHigh
Hospital
7.2 mi
Cape Coral Hospital
Beach
19.7 mi
Fort Myers Beach
Airport
11.3 mi
Page Field (Fort Myers)
Shopping
6.1 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.