1302-1304 NE 16th Terrace, Cape Coral, FL 33909
Local realty services provided by:ERA Real Solutions Realty



1302-1304 NE 16th Terrace,Cape Coral, FL 33909
$475,000
- 4 Beds
- 4 Baths
- 2,160 sq. ft.
- Multi-family
- Active
Listed by:george traikos
Office:traikos real estate
MLS#:225022319
Source:FL_GFMB
Price summary
- Price:$475,000
- Price per sq. ft.:$219.91
About this home
** Investor's dream! This centrally located duplex offers an incredible opportunity with reliable rental income. The very spacious apartments have vaulted ceilings and open-concept living, with tile flooring throughout. Each unit features two bedrooms plus a den, and a one-car garage and in-unit laundry. A screened porch and a convenient 10x12 concrete pad in the backyard provide a comfortable outdoor living space.
** Several capital expenditures in the recent past, including: A new roof was installed in 2023; All the kitchen appliances and the water heater were replaced recently inside unit 1302; A new water softener was installed for the property; Freshly painted inside, the property is well-maintained.
** Seller has made a partial payment towards water and sewer assessments in his 2024 property taxes.
** Located near Del Prado Blvd and Pine Island Road, it is perfectly situated close to restaurants, shopping centers, and many other services, while offering a quiet retreat away from busy streets. Don’t miss this excellent opportunity!
** Both units are rented and provide a steady monthly income. Tenants are reliable, pay on time, and wish to stay, making this a truly hassle-free and profitable investment.
** DO NOT GO ON PROPERTY WITHOUT AN APPOINTMENT, AND DO NOT DISTURB THE TENANTS.
Contact an agent
Home facts
- Year built:2006
- Listing Id #:225022319
- Added:171 day(s) ago
- Updated:August 23, 2025 at 02:56 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,160 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:2006
- Building area:2,160 sq. ft.
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$219.91
- Tax amount:$9,891 (2024)
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