128/130 NE 16th Terrace Cape Coral, FL ^$ 385,000

128/130 NE 16th Terrace

^$ 385,000

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Recently Listed

128/130 NE 16th Terrace

Cape Coral, FL, 33909

^$ 385,000

Bedrooms4 Baths2.0 Sq 1,620

Monthly Estimate*

^$ 2,402

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Multi-Family Home for sale in Cape Coral, FL

for $385,000 with 4 bedrooms and 2 full baths. This 1,620 square foot home was built in 1985 on a lot size of 0.23.

Income-producing duplex in NE Cape Coral. Both units are tenant occupied, each offering 2 bedrooms and 1 bathroom. Situated on a spacious lot with ample parking. Strong rental area with consistent demand. Convenient access to shopping, dining, schools, and major roadways. No HOA.

Multi-Family Active

Price

^$ 385,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,260

Style

Duplex

Lot Size

0.23

Year Built

1985

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2025026161

Features

General

Sewer SepticTank

Heating Central Electric

Cooling CentralAir CeilingFans Electric

Utilities CableAvailable

Possession CloseOfEscrow

Roof Shingle

HOA Fee 0.0

Architectural Style Duplex

Construction Materials Block Concrete Stucco

Pets Allowed Yes

Year Built 1985

Tenant Pays ApplicationFee CableTv Electricity Internet TrashCollection

Property Subtype Duplex

Tax Year 2025

Development Name CAPE CORAL

Waterfront Features None

Community Features NonGated

HOA Fee 2 0.0

County Lee

Net Operating Income 31649.28

Operating Expense 9150.72

New Construction N

Property Type ResidentialIncome

Association Amenities None

HOA N

Attached Garage N

Subdivision Name CAPE CORAL

Garage Y/N N

Full Baths 2

Status Active

City Cape Coral

Disclosures FamilialRelation

Land Lease Amount 0.0

Senior Community Y/N N

Zoning Description R1

Number Of Units Total 2

MLS Area CC31 - Cape Coral Unit 17 31-36

Lot Size Units Acres

Carport Y/N N

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 4260.36

Home Warranty Y/N N

Property Condition Resale

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025026161

Structure Type Duplex

Standard Status Active

Tax Lot 5

Property Sub Type Additional Duplex

Legal Description CAPE CORAL UNIT 36 PT 1 BLK 2476 PB 23 PG 88 LOTS 5 + 6

HOA Fee 3 0.0

Exterior

Exterior Amenities None

Lot Features RectangularLot

Water Source Well Well

Lot Size Area 0.23

Horses N

Spa N

Irrigation/Water Rights N

Building Area Total 1620.0

Lot Dimensions 80 x 125 x 80 x 125

Lot Size Acres 0.23

Private Pool N

Lot Size Source Appraiser

Waterfront Y/N N

Covered Spaces 0.0

Crops Included Y/N N

Road Responsibility PublicMaintainedRoad

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Flooring Tile

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features Other

Fireplace Y/N N

Total Bedrooms 4

Total Baths 2

* Excluded Features

List By

Roxana Torres

Listing Agent

Esquire Real Estate Serv.

Broker

786-916-9066

Contact

Affordability Calculator

$2,757

Per Month

Monthly Principal & Interest: $2,402
Monthly Property Taxes: $355
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cape Coral, FL

Average List Price ^$581,808

Percent of Sale Price 51%

About Cape Coral, FL

184,744 Population

76% Since 2002

^$54,021 Median Income

44.67 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1023546 Elementary School

1023297 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/29/2025	$385,000		Listed Price

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128/130 NE 16th Terrace, Cape Coral, FL, 33909 is a Multi-Family Home for sale at $385,000 with 1,620 sqft and a lot size of 0.23. 128/130 NE 16th Terrace has 4 bedrooms, 2.0 baths, and was built in 1985. The property's zip code is 33909 which is in Cape Coral, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Multiple Listing Service of Greater Fort Myers and Beach, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/30/2025.

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128/130 NE 16th Terrace

Multi-Family Home for sale in Cape Coral, FL

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