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
$425,000
  • 4 Beds
  • 4 Baths
  • 2,160 sq. ft.
  • Multi-family
  • Active
Listed by: maxwell thompson
Office: premier sotheby's int'l realty
MLS#:2026025741
Source:FL_GFMB

Price summary

  • Price:$425,000
  • Price per sq. ft.:$196.76

About this home

This well-maintained duplex presents a rare opportunity for immediate cash flow and long-term stability in the heart of Cape Coral. Each spacious unit offers 2 bedrooms plus a den, 2 full baths, vaulted ceilings, open-concept living, tile flooring throughout, private laundry, and a 1-car garage. Residents also enjoy screened porches and a private 10x12 concrete patio for outdoor living. Recent capital improvements provide added peace of mind, including a new roof in 2023, updated kitchen appliances and water heater in Unit 1302, a new water softener, and fresh interior paint in Unit 1304. Ideally located near Del Prado Blvd and Pine Island Road, this property offers convenient access to shopping, dining, and everyday essentials while maintaining a quiet neighborhood feel. Best of all—ZERO ASSESSMENT DEBT. One side is already leased to a reliable long-term tenant through February 28, 2027, generating $1,960 per month ($23,520 annually) in immediate income from day one. The...

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Home facts

  • Year built:2006
  • Listing ID #:2026025741
  • Added:1 day(s) ago
  • Updated:June 30, 2026 at 06:50 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Tile
  • Living area:2,160 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:2006
  • Building area:2,160 sq. ft.
  • Lot area:0.25 Acres
  • Architectural Style:Duplex, One Story, Ranch
  • Construction Materials:Block, Concrete, Stucco
  • Exterior Features:Patio, Room For Pool
  • Levels:1 Story

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$196.76
  • Tax amount:$10,633 (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.