107 SW 16th Terrace, Cape Coral, FL 33991

Cape Coral
Local realty services provided by:ERA Real Solutions Realty
107 SW 16th Terrace,Cape Coral, FL 33991
$650,000
Virtual Tour
  • 8 Beds
  • 4 Baths
  • 3,512 sq. ft.
  • Multi-family
  • Pending
Listed by: michelle distefano
Office: century 21 selling paradise
MLS#:2026001824
Source:FL_GFMB

Price summary

  • Price:$650,000
  • Price per sq. ft.:$185.08

About this home

Great investment opportunity with this 4PLEX in a prime Cape Coral location. This income-producing 4-unit multifamily property offers steady cash flow and immediate rental appeal. Each spacious 2-bedroom, 1-bath unit features a living and dining area, kitchen, tile flooring throughout, 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 a metal roof with third nail added in 2021.Two units have refreshed kitchens and bathrooms, adding modern appeal for tenants. No flood insurance required. A solid addition to any investor’s portfolio, offering turnkey income and long-term appreciation potential!

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Home facts

  • Year built:1985
  • Listing ID #:2026001824
  • Added:128 day(s) ago
  • Updated:May 23, 2026 at 07:28 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Tile, Vinyl
  • Living area:3,512 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1985
  • Building area:3,512 sq. ft.
  • Lot area:0.34 Acres
  • Architectural Style:One Story, Ranch
  • Construction Materials:Block, Concrete, Stucco
  • Exterior Features:Patio
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$185.08
  • Tax amount:$9,573 (2025)
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.

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