$20K PRICE DROP
PRE-FORECLOSURE
The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.
421 SW 21st Terrace Cape Coral, FL 33991
Hancock NeighborhoodEstimated payment $1,724/month
Total Views
15,896
3
Beds
2
Baths
1,261
Sq Ft
$198
Price per Sq Ft
Highlights
- Popular Property
- Maid or Guest Quarters
- No HOA
- Cape Elementary School Rated A-
- Guest Suites
- Shutters
About This Home
SHORT SALE OPPORTUNITY.
This 3-bedroom, 2-bathroom, 1,261 sq. ft. home is located in the desirable SW Cape Coral area and comes with a tenant already in place, making it an excellent income-producing property from day one, for an investor. No flood insurance required.
The home offers a fenced-in backyard and a roof replaced in Dec 2022, two major upgrades already taken care of. While the property could use some updates, it presents strong upside potential for investors looking to maximize rental income or resale value.
Conveniently situated near restaurants, shopping, schools, and parks, the location makes it highly attractive to future tenants and buyers alike.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,980
Year Built
- Built in 1980
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80 x 125 x 80 x 125
- South Facing Home
- Fenced
- Rectangular Lot
Parking
- 1 Car Attached Garage
- Assigned Parking
Home Design
- Entry on the 1st floor
- Shingle Roof
- Stucco
Interior Spaces
- 1,261 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Shutters
- Display Windows
- Entrance Foyer
- Family Room
- Tile Flooring
Kitchen
- Eat-In Kitchen
- Electric Cooktop
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Maid or Guest Quarters
- 2 Full Bathrooms
- Dual Sinks
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Trafalgar Elementary School
- Trafalgar Middle School
- Cape Coral High School
Utilities
- Central Heating and Cooling System
- Sewer Assessments
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 0340 / 03043
- Assessor Parcel Number 26-44-23-C4-03043.0340
Community Details
Overview
- No Home Owners Association
- Cape Coral Subdivision
Amenities
- Guest Suites
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,980 | $190,081 | $66,215 | $122,561 |
| 2024 | $4,980 | $206,617 | -- | -- |
| 2023 | $4,674 | $187,834 | $0 | $0 |
| 2022 | $4,280 | $120,604 | $0 | $0 |
| 2021 | $2,835 | $127,335 | $28,701 | $98,634 |
| 2020 | $2,781 | $115,474 | $28,000 | $87,474 |
| 2019 | $3,174 | $113,859 | $25,500 | $88,359 |
| 2018 | $3,070 | $108,205 | $22,000 | $86,205 |
| 2017 | $2,953 | $100,933 | $12,000 | $88,933 |
| 2016 | $2,862 | $89,372 | $12,641 | $76,731 |
| 2015 | $2,716 | $77,696 | $10,112 | $67,584 |
| 2014 | $2,552 | $67,701 | $7,178 | $60,523 |
| 2013 | -- | $58,304 | $5,362 | $52,942 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/18/2025 10/18/25 | Price Changed | $250,000 | -7.4% | $198 / Sq Ft | |
| 08/28/2025 08/28/25 | For Sale | $270,000 | +83.7% | $214 / Sq Ft | |
| 01/25/2019 01/25/19 | Sold | $147,000 | -8.1% | $117 / Sq Ft | View Prior Sale |
| 12/26/2018 12/26/18 | Pending | -- | -- | -- | |
| 10/11/2018 10/11/18 | For Sale | $159,900 | -- | $127 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $220,000 | Land Title Of America | |
| Warranty Deed | $147,000 | Stewart Title Co | |
| Special Warranty Deed | $51,500 | Landsafe Title | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $105,900 | -- | |
| Warranty Deed | $6,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $216,750 | Construction | |
| Previous Owner | $117,600 | New Conventional | |
| Previous Owner | $102,723 | No Value Available |
Source: Public Records
About the Listing Agent
Kara Pleasant – Best Realtor in Cape Coral, Fort Myers & Southwest Florida
Kara Pleasant is recognized as one of the best Realtors in Cape Coral and Fort Myers, FL, helping buyers and sellers across Southwest Florida with professionalism and care. Raised in Cape Coral and deeply connected to SWFL, Kara brings both local expertise and award-winning results to every client she serves.
Career Highlights:
34+ closed sales since 2022 | $13.9M in volume
Homes sold from
Kara's Other Listings
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 2025007006
APN: 26-44-23-C4-03043.0340
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