1302-1304 NE 16th TER new Save Request In-Person Tour Request Virtual Tour
Cape Coral,FL 33909
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2025010928
Style Resale Property
Bedrooms 6
Full Baths 4
Year Built 2006
Annual Tax Amount $9,890
Tax Year 2024
Lot Size 0.255 Acres
Property Sub-Type Duplex
Property Description
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 June 2026 at $1,899/month. The other side is ready for tenants to move-in —ideal for owner-occupant or to rent at today's market rate. With dependable income and key capital expenditures already handled, this property is ready to perform from day one. Don't miss this exceptional opportunity to secure a profitable, low-maintenance duplex in the heart of Cape Coral!
Location
State FL
County Lee
Community No Subdivision,Non-Gated
Area Cape Coral
Zoning R3-D
Interior
Heating Central Electric
Flooring Tile
Exterior
Community Features Street Lights
Amenities Available Play Area,Streetlight
Waterfront Description None
Roof Type Shingle
Building
Lot Description Corner Lot,Regular
Water Assessment Unpaid,Softener,Well
Structure Type Concrete Block,Stucco
New Construction No