107 SW 16th TER, Cape Coral, FL 33991

$600,000
8
BD
4
BA
3,512
SqFt

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Sold Price
$600,000
List Price
$650,000
Listing Price
$650,000
Closing Date
Jun 02, 2026
MLS#
2026001824
Status
CLOSED
Development
Cape Coral
Building Design
Quadruplex
County
Lee
Region
CC23 - Cape Coral Unit 28,29,45,62,63,66,68
Development
Cape Coral
Subdivision
Cape Coral
Year Built
1985

Property Description

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!

Additional Information

Bathrooms
4
Approximate Living Area
3,512
Building Description
1 Story/Ranch
Acres
0.34
Amenities
None
Water
Central
Cooling
Ceiling Fan(s), Central Electric
Waterfront Description
None
Boat Access
None
Community Type
Non-Gated

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Courtesy of Century 21 Selling Paradise.

Selling Office: Royal Shell Real Estate, Inc..

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