Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026033267

$156,000

Waterfront Home for Sale in Cape Coral

107 SW 21st Street, Cape Coral, FL, 33991

- beds baths sqft
GatedWaterfront

About this home

BUILD YOUR DREAM HOME ON A BEAUTIFUL FRESHWATER CANAL! This fantastic Cape Coral homesite is ready for your vision, featuring a brand-new seawall installed in 2022—a major improvement already completed for the future owner! Enjoy peaceful freshwater canal views right from your backyard with plenty of opportunity for fishing, kayaking, and enjoying the Florida lifestyle. Even better, this property has very low remaining assessments, making it an excellent choice for your new construction home. Conveniently located close to shopping, dining, schools, entertainment, and everyday necessities, with easy access to Veterans Memorial Bridge for a quick drive into Fort Myers. Whether you're ready to build now or looking for a great piece of Cape Coral waterfront property to hold for the future, this lot checks all the boxes: waterfront, seawall in place, low assessments, great location, and ready to build! Don't miss the opportunity to make this beautiful canal-front property yours.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
11,194.92 sqft
Acreage
0.26 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$2,184/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Unpaid
Sewer
Assessment Unpaid
New construction
No
Pets
Not specified
County
Lee

Amenities

Other

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
$399,900
Median $/sqft
$233
Median sold (90d)
$390,000
Avg days on market
95
Active listings
2,486
Median sold price · Cape Coral
$390,000last 3 months9.3% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
7.1% MoM18.3% YoY
$340k$380k$420kJul ’25Aug ’26
$420,000Aug ’26 · 196 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.

Price & status history

Up $4,100 (2.7%) from the original list price.

Aug 17, 2026Price increasedfrom $151,900$156,000
Aug 17, 2026Listed$151,900

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • No garage listed
Location convenienceHigh
Hospital
2.4 mi
Cape Coral Hospital
Beach
11.3 mi
Fort Myers Beach
Airport
7.3 mi
Page Field (Fort Myers)
Shopping
3.4 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.