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Duplex with Private Patio

1302-1304 NE 16th Terrace Cape Coral, FL 33909

1302-1304 NE 16th Terrace, Cape Coral, FL, 33909

$425,000

For Sale

$425,000

MULTI_FAMILY - Ranch - Cape Coral, FL

Lot Size0.26 Acres

AddedJun 30

Days on Market17

Last RefreshJul 16 at 7:06 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: Bathroom 1, Bathroom 4, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 1
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: Electric (Heating), Central
Cooling system: Electric, Central Air, 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

Listing office Premier Sotheby's Int'l Realty 2341 Palm Ridge Road, Sanibel, FL

Listing date Jun 30, 2026

MLS# 2026025741 Listing URL

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.

Investment Insights

Based on property information with market context.

This well-maintained duplex features two spacious units, each offering 2 bedrooms plus a den, 2 full baths, vaulted ceilings, and an open-concept living layout. Tile flooring runs throughout, with private in-unit laundry and a 1-car garage per unit. Outdoor living includes screened porches and a private 10x12 concrete patio. Recent capital improvements include a new roof in 2023, updated kitchen appliances and a water heater in Unit 1302, a new water softener, and fresh interior paint in Unit 1304.

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.

Key Highlights

2006‑built ranch duplex with 4 bedrooms total and four full bathrooms across the two units
Tile flooring throughout with vaulted ceilings and open‑concept living in each unit
Each unit includes private laundry and a 1‑car garage

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

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For sale
Duplexes
FL
Cape Coral
33909
1302-1304 NE 16th Terrace

What type of property is this?

Duplex - Well-maintained duplex with one unit leased through February 2027 and a freshly updated second unit.

Where is this duplex located?

The property is located at 1302-1304 NE 16th Terrace Cape Coral, FL.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: 2006‑built ranch duplex with 4 bedrooms total and four full bathrooms across the two units; Tile flooring throughout with vaulted ceilings and open‑concept living in each unit; Each unit includes private laundry and a 1‑car garage

1302-1304 NE 16th Terrace Cape Coral, FL 33909

MULTI_FAMILY - Ranch - Cape Coral, FL

Property Features for 1302-1304 NE 16th Terrace

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Retail/Flex/Office Building on Del Prado

Multi-Unit Professional Office Building

Two-Unit Mixed-Use Building

Professional Office with Canal Access

Restaurant Property with Fenced Yard

Leased Retail Building with New Roof

Well-Maintained Cape Coral Quadruplex

Medical Office Building with Parking

Cape Coral Four-Unit Property

Cape Coral Commercial Opportunity

Industrial Warehouse with Office Suite

Medical Office Condo in Grey Shell

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