4140 NE 21ST PLACE, CAPE CORAL, FL, 33909
Active327 days on marketListed Sep 19, 2025MLS #O6345863
About this home
4140 NE 21ST PLACE
Premium freshwater canal lot in an exceptional Cape Coral neighborhood! This rare parcel offers direct water access to a saltwater canal — perfect for boating, fishing, or simply watching serene water views. The lot is over 10,000 sq ft with public utilities available and in a fast-growing area surrounded by newer homes. Located just minutes to Publix, ALDI, and other grocery stores, as well as a wide array of restaurants and retail shopping centers. Excellent schools nearby include Dr. Carrie D. Robinson Littleton Elementary, Diplomat Elementary, and Island Coast High School. Churches, parks, and community amenities are also close by. Easy commute via Del Prado Blvd, Pine Island Rd, and US-41 for quick access to Fort Myers and the Gulf Coast.
Facts & features
The home at a glance
0.23 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$539 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$539/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Gator Circle
Get to know Cape Coral. See the full Cape Coral guide →
Gator Circle — neighborhood snapshot
Population
5,296
Median age
39
Median income
$68,630
Median home value
$304,234
Avg household
4
Households w/ children
570
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Cape Coral market
$375K → $405K
Cape Coral median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 29% below the CAPE CORAL 33909 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 4140 NE 21ST PLACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$260,000
930 SW 34TH STREET · same community
3 bd · 2 ba · 1,182 sqft · $220/sqft · 68 DOM
Sold · Dec ’25$254,000
1714 NE 40TH LANE · same community
3 bd · 2 ba · 1,357 sqft · $187/sqft · 43 DOM
Sold · Mar ’26$298,000
4404 SW 7TH AVENUE · same community
3 bd · 2 ba · 1,359 sqft · $219/sqft · 51 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Jillian Kobylesky
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 4140 NE 21ST PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4140 NE 21ST PLACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Jillian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4140 NE 21ST PLACE FAQs
What would the monthly payment be for 4140 NE 21ST PLACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $539/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 4140 NE 21ST PLACE?+
The most recent tax bill on record (2024) was $783. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Cape Coral?+
At $49,500, this home is listed about 89% below the Cape Coral median of $442,500. The market section on this page shows how the area is trending.
Which schools are assigned to 4140 NE 21ST PLACE?+
Island Coast High School (high), Dr Carrie D Robinson Littleton Elementary School (elementary), Diplomat Elementary School (elementary), Diplomat Middle School (middle), Tropic Isles Elementary School (elementary), North Fort Myers High School (high), Hancock Creek Elementary School (elementary), Mariner High School (high), Caloosa Middle School (middle), Caloosa Elementary School (elementary) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the CAPE CORAL 33909 market on paper
$49,500 is 29% below the CAPE CORAL 33909 median of $70,000.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
327 days on market against a Cape Coral median of 51 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Island Coast High School, Dr Carrie D Robinson Littleton Elementary School, Diplomat Elementary School, Diplomat Middle School, Tropic Isles Elementary School, North Fort Myers High School, Hancock Creek Elementary School, Mariner High School, Caloosa Middle School, Caloosa Elementary School — Diplomat Elementary School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $60,000, now $49,500 — a $11K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of REMAX SUNSTATE REALTY · Maria Luiza Patez Vivone. MLS #O6345863.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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