Cape Coral Income-Producing
107 SW 16th Terrace, Cape Coral, FL 33991
MULTI_FAMILY - Ranch - Cape Coral, FL
Type:Single Family Residence
Lot size:
0.34 Acres- Added:
- Jan 13, 2026
- Days on Market:
- 117
- Last Refresh:
- May 10 at 1:06 am
Property Features for 107 SW 16th Terrace
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 8, Bedroom 5, Bathroom 3, Bedroom 7, Bedroom 6, Bathroom 4, Bedroom 3
- Patio and Porch features
- Patio
- Pets allowed
- Call
- Exterior features
- Patio
- Standard status
- Pending
- APN
- 26-44-23-C2-03082.0370
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CAPE CORAL UNIT 62 BLK 3082 PB 21 PG 38 LOTS 37 THRU 39
- Tax Annual Amount
- 9573
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Tile, Vinyl
- Building materials
- Block, Concrete, Stucco
- Roof type
- Metal
- Architectural style
- Ranch
Listing agent Michelle Distefano License #252013314 (239) 841-4274
Listing office Century 21 Selling Paradise 3409 Del Prado Blvd S No. 103, FL (239) 542-5777
Listing date Jan 13, 2026
MLS# 2026001824
Listing URL
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HighLights
- Income‑producing 4‑unit multifamily property with steady cash flow.
- Prime Cape Coral location with immediate rental appeal.
- Recent capital improvements: new A/C units, new water heaters, re‑plumb, and metal roof.
- Each unit features 2 bedrooms, 1 bath, living/dining area, kitchen, private lanai, and inside laundry hookups.
- Two units have refreshed kitchens and bathrooms.
- No flood insurance required.
Overview
This fourplex presents a great investment opportunity in a prime Cape Coral location. The income-producing, four-unit multifamily property offers steady cash flow and immediate rental appeal. Each unit features two bedrooms and one bathroom, a living and dining area, a kitchen, tile flooring throughout, a private lanai, and inside laundry hookups. Recent capital improvements include four new A/C units installed between 2021 and 2022, four new water heaters installed in 2020, 2024, and 2025, re-plumbing, and a metal roof with a third nail added in 2021. Two units have refreshed kitchens and bathrooms, adding modern appeal for tenants. The property is located on a 0.344-acre lot and does not require flood insurance. This property offers turnkey income and long-term appreciation potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -81.976634
- Latitude
- 26.622163
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Income-producing four-unit multifamily property in a prime Cape Coral location.
Where is this quadplex located?
The property is located at 107 SW 16th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Income‑producing 4‑unit multifamily property with steady cash flow.; Prime Cape Coral location with immediate rental appeal.; Recent capital improvements: new A/C units, new water heaters, re‑plumb, and metal roof.
