$650,000
4 Bed Waterfront Home for Sale in Cape Coral
21 SW 21st Street, Cape Coral, FL, 33991
About this home
LUXURY WATERFRONT HOME - NO HOA - NEVER FLOODED - NO FLOOD INSURANCE REQUIRED - HURRICANE IMPACT WINDOWS - Welcome to a stunning expression of contemporary elegance in one of Cape Coral’s most desirable neighborhoods. Built in 2018, this thoughtfully designed waterfront residence offers over 2,300 square feet of refined living space with a seamless open-concept layout that perfectly balances sophistication and comfort. From the moment you step inside, you’re greeted by soaring 18-foot ceilings, designer lighting, and impeccable finishes throughout. The gourmet kitchen is a true showpiece, featuring ceiling-height cabinetry, premium finishes, and a layout ideal for both everyday living and elevated entertaining. The home also boasts TWO KITCHENS—one equipped with an induction cooktop and the other with propane gas, allowing for indoor grilling—along with a smart refrigerator, brand-new appliances, and self-closing cabinetry. Designed with a desirable split-bedroom floor plan, the home includes three spacious guest bedrooms, each featuring custom LED-lit walk-in closets. The private primary suite serves as a serene retreat, complete with spa-inspired finishes and luxurious details. A dedicated den offers the perfect space for a home office or flex room, while an additional exercise room adds to the home’s versatility. The main living area is anchored by a sleek custom fireplace, creating a warm yet modern focal point. Step outside to enjoy tranquil waterfront views from the oversized lot, surrounded by newer construction homes that enhance both value and appeal. There’s ample space to design your dream outdoor oasis. Additional highlights include impact-resistant windows and doors, a spacious 3-car garage, and high-end imported Italian flooring and tile, complemented by Italian designer finishes throughout. French Tergal curtains add an extra touch of elegance, and all furniture is negotiable with the sale. Ideally located near boat ramps, shopping, dining, parks, and schools, this exceptional home offers the perfect blend of luxury, convenience, and the ultimate Florida lifestyle. ROOM FOR A POOL - ASK ABOUT SALTWATER POOL, SUNSHELF, PAVERS & POOL CAGE QUOTE ~$60,900 TOTAL!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2018
- Interior
- 2,374 sqft
- Lot size
- 11,891.88 sqft
- Acreage
- 0.27 acres
- Garage
- 3 car
- Days on market
- 112
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $9,100/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- Northeast
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- Yes
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- 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 |
|---|---|---|---|---|---|
| 126 SW 21st Terrace | Aug 2026 | $652,500 | 4/3 | 2,265 | $288 |
| 149 SE 21st Street | Nov 2025 | $720,000 | 4/3 | 2,236 | $322 |
| 433 SW 21st Street | Jun 2026 | $665,000 | 4/3 | 2,265 | $294 |
| 512 SW 15th Street | Jun 2026 | $645,000 | 4/3 | 2,250 | $287 |
| 144 SW 28th Street | Apr 2026 | $650,000 | 3/3 | 2,396 | $271 |
| Average | 5 comps | $666,500 | $292 |
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 $200,000 (23.5%) from the original list price.
| Aug 24, 2026 | Price reducedfrom $659,900 | $650,000 |
| May 4, 2026 | Listed | $850,000 |
The good, the trade-offs & the location
- Built 2018 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Impact Windows/Doors
- 3-car garage
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.