32 NE 16th Place, Cape Coral, FL 33909

Building Details

Year built

1981

Floors in Building

1

Architectural style

Other

Listing agent Lisa Maglione-Chenault License #252011671 Show Phone

Listing office A & J Consulting Inc. FL Show Phone

Listing date Jun 15, 2026

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MLS# 2026023159

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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Overview

This property is a multifamily income building with six total units. The units are fully occupied and described as rented on long-term terms. According to the provided remarks, all units have been replumbed, and each unit has separate meters, which can simplify utility billing and operations. The rent roll is noted at $9,060 per month, and a breakdown is available upon request. The building also provides two parking spots per unit.

Located in north Cape Coral, the property sits on a lot size of approximately 0.496 acres. The listing does not provide additional details about unit mix, interior features, or shared amenities, so prospective buyers should plan to review the rent roll breakdown and unit-specific information during due diligence.

For buyers seeking a straightforward, currently occupied multifamily asset, the fully leased status, replumbing work, and separate metering can be practical considerations for day-to-day management. The listing also indicates the presence of two parking spaces per unit, which can support resident convenience. Interested parties should request the unit-level rent breakdown and confirm all details during inspection and review of available documentation.

Suggested Use

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

-81.940287

Latitude

26.653887

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FAQs

What type of property is this?

Apartment building - Fully rented six-unit building with separate meters and replumbed units, offering a streamlined long-term rental setup.

Where is this apartment building located?

The property is located at 32 NE 16th Place Cape Coral, FL.

What is the asking price?

The asking price for this property is $1,290,000.

What are key features of this property?

This property features: All 6 units are rented on long‑term leases and the property is fully occupied; Monthly rent roll of $9,060 (breakdown available upon request); All units have been re‑plumbed ("replumed" stated)