16-Unit Apartment
New
For Sale
$4,800,000
111-108 SW 16th Terrace, Cape Coral, FL 33991
ResidentialIncome, Cape Coral, FL
Property SizeContact for details
Lot Size1.03 Acres
Days on Market3
Property Features for 111-108 SW 16th Terrace
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Property condition
Under Construction
Zoning description
RD-D
Bedrooms
32
Rooms
Bedroom 15, Bedroom 26, Bedroom 13, Bedroom 3, Bedroom 23, Bedroom 9, Bedroom 10, Bedroom 2, Bedroom 17, Bedroom 28, Bedroom 5, Bedroom 7, Bedroom 27, Bedroom 25, Bedroom 21, Bedroom 19, Bedroom 11, Bedroom 12, Bedroom 18, Bedroom 22, Bedroom 31, Bedroom 4, Bedroom 32, Bedroom 16, Bedroom 29, Bedroom 8, Bedroom 30, Bedroom 6, Bedroom 20, Bedroom 14, Bedroom 1, Bedroom 24
Pets allowed
Call
Exterior features
IrrigationSprinklers
Subdivision
CAPE CORAL
Lot features
Oversized Lot, Sprinklers Automatic
Directions
GPS
Standard status
Active
Lot size
1.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CAPE CORAL UNIT 62 BLK 3082 PB 21 PG 38 LOTS 14 THRU 16
Tax Annual Amount
7169
Legal Description
CAPE CORAL UNIT 62 BLK 3082 PB 21 PG 38 LOTS 14 THRU 16
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
tile flooring
granite countertops
stainless steel appliances
washer/dryers
Building Details
Year built
2026
Floors in Building
2
Number of units
1
Flooring type
Tile, Concrete
Building materials
Block, Concrete, Stucco
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
Self Realty
Listed By:
Otis Jonuskis · License #249514135
(239) 777-4741
Added: Oct 23
Last Checked: Oct 25 at 4:06PM
MLS# 2026044611
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
Under construction in Cape Coral, this two-story apartment property will contain 16 residences, each configured with two bedrooms and two bathrooms. The 1.033-acre site will have a concrete-block building with tile flooring, granite countertops, stainless steel appliances, and washers and dryers. Central air conditioning and electric heating are specified, along with public water and sewer service.
The property is identified as outside a flood zone and has no HOA fees. Shopping, schools, and dining are nearby.
The property is identified as outside a flood zone and has no HOA fees. Shopping, schools, and dining are nearby.
Key Highlights
- 16 apartments, each with 2 bedrooms and 2 bathrooms
- Two‑story concrete‑block construction; property condition is under construction
- 1.033‑acre site in Cape Coral
Property Analytics
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Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
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Business Placement
Demographics for 33991, FL
26,381
Population
11,563
Households
2.3
Avg Household Size
45
Median Age
25%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
2,061
Density / Sq Mi
$82,927
Median Household Income
$41,773
Median Earnings
$1,914
Median Rent
$351,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-bedroom, two-bath residences are planned with tile floors, granite counters, and stainless steel appliances.
Where is this apartment building located?
The property is located at 111-108 SW 16th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 16 apartments, each with 2 bedrooms and 2 bathrooms; Two‑story concrete‑block construction; property condition is under construction; 1.033‑acre site in Cape Coral
