$650,000
4 Bed 3.5 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1507 SE 21st Street, Cape Coral, FL, 33990
About this home
Waterfront Living Without the Flood Insurance! This 4-bedroom, 3.5-bath pool home with 2,657 sq. ft. of living space. Located on a canal with Gulf access, it features a private dock and boat lift for boating convenience. The screened lanai with pool and pool bath is perfect for entertaining. The oversized 2-car garage and circular driveway provide ample space for vehicles, storage, and guests. Best of all, the home is located in Flood Zone X—no flood insurance required. With nearby homes selling at higher prices, this is an opportunity you don’t want to miss!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2006
- Interior
- 2,657 sqft
- Lot size
- 11,586.96 sqft
- Acreage
- 0.27 acres
- Garage
- 2 car
- Days on market
- 100
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $9,100/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- Yes
- Spa
- Yes
- 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.
Based on the $/sqft of 5 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 |
|---|---|---|---|---|---|
| 622 SE 20th Street | Jan 2026 | $560,000 | 3/4 | 2,544 | $220 |
| 613 SE 19th Lane | Feb 2026 | $500,000 | 3/2 | 2,486 | $201 |
| 1416 SE 29th Terrace | Oct 2025 | $620,000 | 5/4 | 2,809 | $221 |
| 1917 SE 12th Street | Aug 2025 | $615,000 | 4/2 | 2,494 | $247 |
| 3406 SE 17th Avenue | Sep 2025 | $665,000 | 4/3 | 2,615 | $254 |
| Average | 5 comps | $592,000 | $229 |
Market trends — Cape Coral
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 $83,000 (11.9%) from the original list price.
| Nov 20, 2025 | Sold | $617,000 |
| Oct 10, 2025 | Price reducedfrom $675,000 | $650,000 |
| Jul 11, 2025 | Listed | $700,000 |
The good, the trade-offs & the location
- Built 2006 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Gulf access (Direct — no bridges)
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
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.