1318/1320 NE 16TH TERRACE Cape Coral, FL $ 529,900
1318/1320 NE 16TH TERRACE
$ 529,900
Recently Listed New Construction
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1318/1320 NE 16TH TERRACE

Cape Coral, FL, 33909
$ 529,900
Bedrooms12 Baths8.0 Sq 2,498

Monthly Estimate*

$ 3,263

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Multi-Family Home for sale in Cape Coral, FL

for $529,900 with 12 bedrooms and 8 full baths. This 2,498 square foot home was built in 2026 on a lot size of 0.23.

One or more photo(s) has been virtually staged. Brand new 2026 construction duplex in Northeast Cape Coral — the perfect investment opportunity! Each unit features 3 bedrooms, 2 full bathrooms, and a modern open-concept layout with quality finishes throughout. Connected to city water and city sewer — no well, no septic. No HOA means no restrictions and no extra fees, giving you full flexibility as an owner. Live in one unit and rent the other, or lease both for strong rental income in one of Florida's fastest-growing markets. Whether you're expanding your portfolio or stepping into real estate investing for the first time, this turnkey new construction duplex checks every box. Don't miss this rare opportunity — schedule your showing today!

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Multi-Family Active

Price

$ 529,900

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 4,421

Style

Duplex

Lot Size

0.23

Year Built

2026

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

A4695865

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Sewer Available Water Available
Roof Shingle
Zoning R3-D
Garage Spaces 2
Construction Materials Stucco
Year Built 2026
View Garden
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Lee
New Construction true
Property Type Residential Income
Attached Garage true
Subdivision Name CAPE CORAL
Garage Y/N true
Status Active
Directions drive from del prado to diplomat and the turn right to ne 16th ter
City CAPE CORAL
Senior Community Y/N false
MLS Area 33909 - Cape Coral
Lot Size Units Square Feet
Lot Size Square Feet 10019
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N false
Tax Annual Amount 4421.66
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4695865
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 9
Legal Description CAPE CORAL UNIT 32 BLK 2116 PB 16 PG 4 LOTS 9 + 10
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
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Interior
Interior Amenities Split Bedroom
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Garage
Total Bedrooms 12
Total Baths 8
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Exterior
Exterior Amenities Sliding Doors
Water Source Public
Lot Size Area 10019
Foundation Details Slab
Number of Buildings 2
Lot Dimensions 80 x 125
Lot Size Acres 0.23
Road Surface Type Concrete
Private Pool false
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Invest Ready Realty

Broker

marisel@investreadyrealty.com

Email

Affordability Calculator

$3,631
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,263
Monthly Property Taxes
$368
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
Pricing History
DatePricePrice ChangeDescription
6/3/2026$529,900 Listed Price

Map


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1318/1320 NE 16TH TERRACE, Cape Coral, FL, 33909 is a Multi-Family Home for sale at $529,900 with 2,498 sqft and a lot size of 0.23. 1318/1320 NE 16TH TERRACE has 12 bedrooms, 8.0 baths, and was built in 2026. The property's zip code is 33909 which is in Cape Coral, FL