Homes for sale - 1302-1304 NE 16th TER, Cape Coral, FL 33909

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Adam Shue

ashue@amerivestrealty.com +1(239) 405-2614

$ 499,000

Est. payment | -/mo

6 Beds

4 Baths

0.25 Acres Lot

Save

$ 499,000

Est. payment | -/mo

Save

6 Beds

4 Baths

0.25 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Cape Coral

MLS Listing ID 224077318

Bedrooms 6

Full Baths 4

HOA Y/N Yes

Originating Board Florida Gulf Coast

Year Built 2006

Annual Tax Amount $5,055

Tax Year 2023

Lot Size 0.255 Acres

Acres 0.255

Property Description

Investor's dream! This centrally located duplex offers an incredible opportunity with reliable rental income. Each unit features 2 bedrooms plus a den, a one-car garage, tile flooring throughout, open-concept living, in-unit laundry, a screened porch, and a convenient 10x12 concrete slab in the backyard. Freshly painted inside, the property is well-maintained and thoughtfully upgraded with a new roof (2023), new dishwasher, oven, water softener, water heater, and regular pest control service. Situated near Del Prado Blvd and Diplomat Avenue, it’s perfectly positioned close to restaurants, shopping centers, and more while offering a quiet retreat away from busy streets. Currently, one unit rents for $1,995/month and the other for $1,947/month, totaling $3,942 monthly income. Tenants are reliable, pay on time, and wish to stay, making this a truly hassle-free and profitable investment. Don’t miss this excellent opportunity!

Location

State FL

County Lee

Area Cape Coral

Zoning R3-D

Interior

Heating Central Electric

Flooring Tile

Fireplace No

Heat Source Central Electric

Exterior

Exterior Feature Awning(s)

Amenities Available None

Waterfront Description None

Roof Type Shingle

Street Surface Paved

Porch Awning(s)

Garage No

Private Pool No

Building

Lot Description Regular

Sewer Septic Tank

Water Assessment Unpaid

Architectural Style Duplex

Structure Type Concrete Block,Stucco

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 31-43-24-C3-02116.0010

Listed by Starlink Realty, Inc • Laura Ariza

Property Details

1302-1304 NE 16th TER Cape Coral, FL 33909