21809 Masters Circle
About This Property
The interior has been freshly painted, giving the home a clean, modern feel that's truly move-in ready. With vaulted ceilings and plantation shutters throughout, the space feels airy, elegant, and thoughtfully finished. Two sets of sliding glass doors frame the gorgeous view, creating a seamless connection between indoor comfort and outdoor serenity.
The kitchen feels both functional and welcoming, featuring ample storage, a breakfast bar for casual meals, and sightlines that keep you connected to the rest of the home-perfect for hosting friends or enjoying quiet mornings with coffee. The primary suite is a true retreat, offering generous space, a large walk-in closet, tray ceiling, peaceful views, and a well-appointed bath with dual vanities, a walk-in shower, and a soaking tub.
A comfortable guest bedroom and flexible den provide options for a home office, hobby room, or visiting guests, adapting easily to your lifestyle. Step outside to the screened lanai and pool area, where indoor-outdoor living truly shines. Surrounded by lush landscaping and serene views, this space is made for relaxed afternoons, evening conversations, and enjoying Florida's beautiful weather year-round.
Peace of mind comes standard here, as the home has never flooded and is equipped with electric hurricane shutters for added protection. The property also features valuable upgrades, including a newer roof (2020), a new washer and dryer, and upgraded pool equipment, all of which enhance its appeal and functionality.
This home offers the perfect blend of comfort, style, and confidence. Homes with this level of care, storm readiness, and visual appeal don't come along often-this is one you'll want to see in person.
Pelican Sound offers a lifestyle few communities can match. This BUNDLED GOLF community features 27 holes of championship golf, pickleball, tennis, bocce, a state-of-the-art fitness center, and an active social calendar. Nestled along the Estero River, residents enjoy Gulf access, dry boat storage, kayaks, canoes, paddleboards, and even a shuttle boat to Lovers Key State Park. All of this just minutes from RSW International Airport, shopping, dining, and beaches. This isn't just a home-it's a place to truly start living the Southwest Florida lifestyle you've been dreaming about.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Feb 8, 2026 | Price Decreased |
$1,075,000
↓ $75K
(6.5%) | |
| Price Decreased | |||
| Jan 7, 2026 | Listed by EXP Realty LLC | $1,150,000 | |
| Listed by EXP Realty LLC | |||
| Jun 18, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017