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    107 SW 16th Ter Cape Coral, FL 33991

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    For Sale
    $650,000

    Income-producing 4-unit multifamily property in prime Cape Coral location.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 24 at 3:23 pm

    Property Features for 107 SW 16th Ter

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1985

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    Listing Contact
    Michelle Distefano
    Michelle Distefano

    Listing agent Michelle Distefano License #252013314

    Listing office Century 21 Selling Paradise

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Selling Paradise


    Overview

    Cape Coral Income-Producing 4PLEX

    This income-producing 4-unit multifamily property presents a great investment opportunity in a prime Cape Coral location, offering steady cash flow and immediate rental appeal. Each of the four units features two bedrooms and one bathroom, along with 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 does not require flood insurance. The bike score is 42, indicating it is somewhat bikeable, and the walk score is 33, indicating car-dependent accessibility.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9766336
    Latitude
    26.6221631

    FAQs

    What type of property is this?
    Quadplex - Income-producing 4-unit multifamily property in prime Cape Coral location.
    Where is this quadplex located?
    The property is located at 107 SW 16th Ter 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.; Each unit features 2 bedrooms, 1 bath, living/dining area, kitchen, private lanai, and inside laundry hookups.; Recent capital improvements include 4 new A/C units (2021‑2022), 4 new water heaters (2020, 2024, 2025, 2025), re‑plumb, and metal roof with third nail added in 2021.
    More about this property
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