Sold Sep 4, 2026
$520,000About this home
Excellent investment opportunity in the growing area of Cape Coral! This 3-bedroom, 2-bath home is already tenant occupied with a 12-month lease in place generating $2,000 monthly income from day one, making it a perfect turnkey investment property. The home features a freshwater canal frontage with seawall already in place, offering added value, privacy, and the enjoyable Cape Coral waterfront lifestyle. Located in a highly desirable and fast-developing area surrounded by new construction homes, this property is conveniently close to supermarkets, restaurants, shopping centers, schools, parks, and main roads with easy access throughout the city. Cape Coral continues to attract both residents and investors due to its strong rental demand, expanding infrastructure, and waterfront lifestyle. Whether you are looking to expand your rental portfolio or secure a property with immediate cash flow, this is an outstanding opportunity. Income-producing properties in this price range and location are becoming increasingly difficult to find.
Listing last checked: Listing updated:
Listed by Liliana Pineda · La Rosa Realty LLC · MLS #2026022488
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Details at a glance
Interior4 property facts
- Rooms
- 0
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Flooring
- Tile
Building4 property facts
- Style
- Single Family Residence
- Year built
- 2025
- Garage
- 2
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.244 acres
- Water
- Well
- Sewer
- Septic Tank
- Waterfront
- Y
Financial3 property facts
- Annual taxes
- $1,032
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $489,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,559 / monthAdjust
- Principal & interest
- $2,473
- Property tax
- $86
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $1,032. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$515,000 · May 11, 2026
- Sld
$11,400 · Sold $10,900 · Mar 21, 2011
More property insights
Comparable properties 3 supplied
Sold Aug 28, 2026
$469,0001209 NE 15th Terrace
Sold Jul 30, 2026
$525,000818 NE 10th Street
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About 3424 NE 21st Place
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