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    1302-1304 NE 16Th Ter Cape Coral, FL 33909

    For Sale
    $434,999

    MULTI_FAMILY - Other - Cape Coral, FL

    Lot size:
    0.26 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 1302-1304 NE 16Th Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 6, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 4, Bedroom 3, Bathroom 1
    Bedrooms
    6
    Bathrooms
    4
    APN
    31-43-24-C3-02116.0010
    Pets allowed
    Yes
    Appliances
    WaterSoftener
    Lot size
    0.26 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Electric, Central Air
    Water source
    Well

    Building Details

    Year built
    2006
    Number of units
    2
    Flooring type
    Tile
    Building materials
    Block, Concrete, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    Sharma & Sharma Realty Inc (860) 997-2916

    Listing agent Nilesh Sharma (860) 997-2916 License #258030879

    Listing date Sep 23, 2025

    MLS# 2025010928 Listing URL

    Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Duplex in Cape Coral

    This well-maintained duplex in Cape Coral, Florida, presents an investment opportunity with potential for strong cash flow and long-term stability. Each unit features 2 bedrooms plus a den, 2 bathrooms, vaulted ceilings, an open-concept living area, tile flooring throughout, private laundry facilities, and a one-car garage. Residents can also enjoy screened porches and a 10x12 concrete pad in the backyard for outdoor living. Recent upgrades include a new roof installed in 2023, updated kitchen appliances and a water heater in one unit, a new water softener, and fresh interior paint in the other unit. The property is connected to city water and sewer services. Located near Del Prado Boulevard and Pine Island Road, the property provides convenient access to restaurants, shopping, and services while maintaining a quiet neighborhood environment. One unit is currently rented to a long-term tenant through June 2026 at a rate of $1,899 per month. The other unit is move-in ready, suitable for either an owner-occupant or for renting at the current market rate. The property is situated on a 0.255-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Building Supply Gym & Fitness Auto Repair Shop Pharmacy Skin Care Clinic Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.946927
    Latitude
    26.68338

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    FAQs

    What type of property is this?
    Duplex - Cape Coral duplex with strong cash flow and long-term tenants.
    Where is this duplex located?
    The property is located at 1302-1304 NE 16Th Ter Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $434,999.
    What are key features of this property?
    This property features: - Strong Cash Flow Potential: One unit rented at $1,899/month through June 2026.; - Recent Upgrades: New roof (2023), updated kitchen appliances and water heater in one unit.; - Desirable Location: Conveniently located near Del Prado Blvd and Pine Island Road.
    (860) 997-2916
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    1302-1304 NE 16Th Ter Cape Coral, FL 33909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1302-1304 NE 16Th Ter Cape Coral, FL 33909
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