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
$419,999
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  • 6 Beds
  • 4 Baths
  • 2,160 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Feb 15
    09:00 am - 12:00 pm
  • Sun, Feb 22
    11:00 am - 02:00 pm
Listed by: nilesh sharma
Office: sharma & sharma realty inc
MLS#:2025010928
Source:FL_GFMB

Price summary

  • Price:$419,999
  • Price per sq. ft.:$194.44

About this home

Investor’s Dream! This well-maintained duplex is a rare find, offering strong cash flow and long-term stability. Each spacious unit features 2 bedrooms + den, 2 baths, vaulted ceilings, open-concept living, tile flooring throughout, private laundry, and a 1-car garage. Tenants also enjoy screened porches and a 10x12 backyard concrete pad for outdoor living. Recent upgrades deliver peace of mind: new roof (2023), updated kitchen appliances and water heater in Unit 1302, new water softener, and fresh interior paint in Unit 1304. The property has city water/sewer with partial assessments already reflected in 2024 taxes, with balance carried in annual tax bill. Perfectly located near Del Prado Blvd and Pine Island Road, residents benefit from quick access to restaurants, shopping, and services while still enjoying a quiet neighborhood setting. One unit is rented to reliable, long-term tenant through Feb 28, 2027 at $1,960/month. That is $23,520 of guaranteed annual income on Day 1.The

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Home facts

  • Year built:2006
  • Listing ID #:2025010928
  • Added:142 day(s) ago
  • Updated:February 11, 2026 at 10:45 PM

Rooms and interior

  • Bedrooms:6
  • 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.

Utilities

  • Water:Well

Finances and disclosures

  • Price:$419,999
  • Price per sq. ft.:$194.44
  • Tax amount:$9,891 (2024)
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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