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107 SW 16th Terrace Cape Coral, FL $ 650,000
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$ 650,000 Get more info
107 SW 16th Terrace
$ 650,000
Back to search
Share Save

107 SW 16th Terrace

Cape Coral, FL, 33991
$ 650,000
Bedrooms8 Baths4.0 Sq 3,512

Monthly Estimate*

$ 4,002

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Multi-Family Home for sale in Cape Coral, FL

for $650,000 with 8 bedrooms and 4 full baths. This 3,512 square foot home was built in 1985 on a lot size of 0.344.

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!

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Multi-Family Active

Price

$ 650,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,573

Style

Ranch, One Story

Lot Size

0.344

Year Built

1985

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026001824
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available
Possession Close Of Escrow Subject To Tenant Rights
Roof Metal
HOA Fee 0
Patio/Porch Features Patio
Architectural Style Ranch One Story
Construction Materials Block Concrete Stucco
Pets Allowed Call Conditional
Year Built 1985
Tenant Pays Electricity Internet Water
Stories Count 1
Property Subtype Quadruplex
Tax Year 2025
Waterfront Features None
Community Features Non-Gated
HOA Fee 2 0
County Lee
Net Operating Income 0
Operating Expense 17404
Property Type Residential Income
Association Amenities None
Subdivision Name CAPE CORAL
Full Baths 4
Status Active
Directions From Santa Barbara Blvd: Turn left (West) onto SW 19th St; Turn right at the 1st cross street onto SW Santa Barbara Pl; Turn left onto SW 16th Terrace. Destination will be on the right.
City Cape Coral
Disclosures Owner Is Listing Agent
Land Lease Amount 0
Zoning Description RML
Number Of Units Total 4
MLS Area CC23 - Cape Coral Unit 28 29 45 62 63 66 68
Lot Size Units Acres
Tax Annual Amount 9573
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026001824
Structure Type Quadruplex
Standard Status Active
Tax Lot 37
Property Sub Type Additional Quadruplex
Legal Description CAPE CORAL UNIT 62 BLK 3082 PB 21 PG 38 LOTS 37 THRU 39
HOA Fee 3 0
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Interior
Flooring Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung
Half Baths 0
Total Bedrooms 8
Total Baths 4
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Exterior
Exterior Amenities Patio
Lot Features Multiple lots Oversized Lot
Water Source Public
Lot Size Area 0.344
Spa false
Building Area Total 3512
Lot Dimensions 120 x 125 x 120 x 125
Lot Size Acres 0.344
Road Surface Type Paved
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Michelle Distefano

Listing Agent

Century 21 Selling Paradise

Broker

Michelle2BuyandSell@gmail.com

Email

Affordability Calculator

$4,800
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$798
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/20/2026$650,000 Listed Price

Map

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107 SW 16th Terrace, Cape Coral, FL, 33991 is a Multi-Family Home for sale at $650,000 with 3,512 sqft and a lot size of 0.344. 107 SW 16th Terrace has 8 bedrooms, 4.0 baths, and was built in 1985. The property's zip code is 33991 which is in Cape Coral, FL

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