1302-1304 NE 16th Terrace, Cape Coral, FL 33909
MULTI_FAMILY - Ranch - Cape Coral, FL
- Added:
- Jun 30, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 2 at 1:06 am
Property Features for 1302-1304 NE 16th Terrace
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 4
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Exterior features
- Patio, RoomForPool
- Standard status
- Active
- APN
- 31-43-24-C3-02116.0010
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CAPE CORAL UNIT 32 BLK.2116 PB 16 PG 4 LOTS 1 + 2
- Tax Annual Amount
- 10633
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Maxwell Thompson License #258009817 (239) 989-3855
Listing office Premier Sotheby's Int'l Realty 2341 Palm Ridge Road, Sanibel, FL (239) 472-2735
Listing date Jun 30, 2026
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.
HighLights
- Duplex built in 2006 with Block, concrete, and stucco exterior plus a shingle roof
- Each unit offers 2 bedrooms plus a den, 2 full baths, vaulted ceilings, and open‑concept living with tile flooring
- Private laundry and a 1‑car garage for each unit
- Outdoor space includes screened porches and a private 10x12 concrete patio
- Recent improvements include a new roof in 2023, updated kitchen appliances and water heater in Unit 1302, and fresh interior paint plus a new water softener for Unit 1304
- One side leased to a long‑term tenant through February 28, 2027 at $1,960/month ($23,520 annually)
Overview
The property is located at 1302-1304 NE 16th Terrace in Cape Coral, near Del Prado Blvd and Pine Island Road, providing convenient access to shopping, dining, and everyday essentials.
One side is already leased to a long-term tenant through February 28, 2027, generating $1,960 per month ($23,520 annually) in current income. The second unit is freshly updated and move-in ready, supporting use by either an owner-occupant or an investor seeking immediate tenancy upon lease-up. The seller also notes zero assessment debt and positions the property as a low-maintenance, income-producing duplex with major expenses addressed through recent updates.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -81.946965
- Latitude
- 26.68336