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For SaleMLS# 2026030750

$42,500

Waterfront Home for Sale in Cape Coral

4121 NE 21 Avenue, Cape Coral, FL, 33909

- beds baths sqft
GatedBoatingWaterfront

About this home

A beautiful sunrise over the water awaits you when you build your gorgeous forever home on this lot. It is situated in an area of custom homes and new construction going on around it. The location is very close to shopping, churches, restaurants and new schools. Just a short 15 minute drive to Charlotte County or to downtown Ft Myers. The fresh water canals allow boating, paddle boarding, and fishing right at your back door.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
10,454.4 sqft
Acreage
0.24 acres
Garage
None
Days on market
10
Total association fees
None
CDD
None
Est. taxes (1.4%)
$595/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
Northeast
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
Not specified
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.

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Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
92
Active listings
2,485
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 55 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
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • No garage listed
Location convenienceHigh
Hospital
7 mi
Cape Coral Hospital
Beach
19.5 mi
Fort Myers Beach
Airport
11 mi
Page Field (Fort Myers)
Shopping
5.8 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.