Off-Market Property at 1126 SE 21st Ter, Cape Coral, FL 33990

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $194 per day and long-term for an average of $2,790 per month, based on similar listings in the area. Estimated short-term cap rate of -1.5%. Estimated long-term cap rate of -2.1%. This beautifully maintained & remodeled Gulf Access Pool Home is a MUST see! Step through the double door entry into a bright, with natural light and a stunning view of the lanai, pool, and wide Gulf access canal. The main living area and primary suite feature sliding doors that, seamlessly blending indoor and outdoor living—perfect for entertaining and enhancing your Florida lifestyle. This home offers 3 bedrooms, 2 full bathrooms, and a den. The island kitchen is a chef's delight, with granite countertops, wood cabinets, and an eat-in island—ideal for gatherings. Stainless steel appliances complete the space, ready to inspire your inner chef. The sliding glass doors lead to the spacious lanai, where you can relax or entertain pool side. Enjoy the electric-heated pool that has been resurfaced with pebble tech finish or simply take in the serene water views. The remodeled Primary suite features sliding glass doors to the lanai, wood look tile flooring, mini split AC, an ample California closet designed for max storage & organization, Modern barn doors open to the ensuite that was designed inspired by the perfect Spa Day and features dual vanities, both a soaking tub overlooking the perfect atrium and frameless glass shower with custom glass mosaic tile. The guest bathroom has been remodeled & conveniently doubles as a pool bath. Recent upgrades include a new roof (2023), rescreened pool enclosure, 6" gutters around the home, new decking on the Captain's Walk Dock & 7k lbs. boat lift. Roll down Kevlar hurricane shutters were added to protect the entire lanai and offer maximum protection. Boating enthusiasts will love the captains walk and boat lift right in the back yard, while only a short 20-minute ride to the river, offering easy access to the Gulf of Mexico. Centrally located near retail, major roads, hospitals, and Fort Myers, this home is in a peaceful area yet close to everything. Has City Water and Sewer in and paid and located in flood Zone X, so no flood insurance required. This property is definitely worth your time and consideration! List of upgrades are included in the supplements in the MLS.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$5141
Bedrooms
3
Bathrooms
2
SQFT
2,064
Furnished
N/A
Year built
1989
Listing Status
Off Market
MLS
225001899

Short-term Rental Potential
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$37,140

Revenue
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Profit
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Cap rate
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Cash on Cash
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$319

Price/SQFT

Long-term Rental Potential
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$33,480

Revenue
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Cash on Cash
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$2,790/mo

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