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Updated Waterfront Duplex
For Sale
$385,900

4012/4014 SW 16TH Place, Cape Coral, FL 33914

ResidentialIncome, Cape Coral, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market224

Property Features for 4012/4014 SW 16TH Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RD-D
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Patio and Porch features Patio
Pets allowed Yes
Exterior features SprinklerIrrigation, Patio, RoomForPool, Storage
Subdivision CAPE CORAL
Lot features Rectangular Lot, Sprinklers Automatic
Directions Chiquita to 39th Ter then to 16th PL OR From Beach Pkwy W go to 16th PL
Standard status Active
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 70 BLK 4738 PB 22 PG 78 LOTS 60 + 61
Tax Annual Amount 3998
Legal Description CAPE CORAL UNIT 70 BLK 4738 PB 22 PG 78 LOTS 60 + 61

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Ceiling Fan(s), Central Air
Water front features Waterfront

Amenities

inside laundry

Building Details

Year built 1984
Number of units 2
Flooring type Carpet, Vinyl, Laminate, Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: Raso Realty Inc
Listed By: Tiffani Willaford · License #252013469
Added: Jan 30 Changed: Sep 10 Last Checked: Sep 11 at 4:06AM
MLS# 2026004607

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.

Built in 1984, this duplex offers two residences with open living areas and a mix of ceramic tile and LVP flooring. Both sides have received substantial updates, including impact windows and sliders, new plumbing fixtures, cabinets, vanities, bathroom finishes, interior and exterior paint, doors, locks, and smoke detectors. A new shingle roof was installed in 3/2026, and hot water heaters have also been replaced. Interior laundry, mature landscaping, a patio, storage, and room for a pool add practical features.

The waterfront property is served by public sewer, city water, and non-potable irrigation water. It sits in a Cape Coral residential setting near shopping, restaurants, schools, churches, storage facilities, boating, and the library, with downtown Cape Coral minutes away. Current home and flood insurance is transferable to the new owner, and no assessments are owed.

Key Highlights

  • Waterfront duplex on a 0.23‑acre lot
  • Two open‑plan residences with interior laundry
  • New shingle roof installed in 3/2026

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Pharmacy Auto Repair Shop Restaurant Auto Parts Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

212
Businesses Nearby

Demographics for 33914, FL

42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two open-plan residences feature interior laundry and extensive recent improvements throughout.
Where is this duplex located?
The property is located at 4012/4014 SW 16TH Place Cape Coral, FL.
What is the asking price?
The asking price for this property is $385,900.
What are key features of this property?
This property features: Waterfront duplex on a 0.23‑acre lot; Two open‑plan residences with interior laundry; New shingle roof installed in 3/2026
More about this property
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