2102/2104 NE 16th Terrace
Cape Coral, FL, 33909 $ 599,000
Bedrooms6 Baths4.0 Sq 2,600 Monthly Estimate*
$ 4,137
for $599,000 with 6 bedrooms and 4 full baths. This 2,600 square foot home was built in 2026 on a lot size of 0.4704.
MODERN DUPLEX ON ALMOST ½ ACRE – FENCED YARD – IMPACT WINDOWS & DOORS – GREAT INVESTMENT OPPORTUNITY! The additional land may also offer the exciting potential to BUILD ANOTHER DUPLEX NEXT DOOR, creating an opportunity to further maximize the property’s value and future rental income, subject to zoning, permitting, and city approval. This is a modern duplex offering an outstanding combination of space, income potential, and location. One of the property's biggest advantages is its oversized, nearly ½-acre lot that is fenced in, providing exceptional outdoor space and privacy that can be difficult to find with a duplex. Each side features over 1,300 sq. ft. of living area with 3 bedrooms, 2 bathrooms, and a 1-car garage. Both units offer a clean, modern design with an open-concept layout, high ceilings, tile flooring, contemporary kitchens, stainless-steel appliances, ample cabinetry, walk-in closets, and beautifully finished bathrooms. Built with Florida living in mind, the property features impact-resistant windows and doors, adding convenience, storm protection, security, and energy efficiency. The exterior is complemented by an attractive paver driveway and the spacious fenced yard. Both units are currently occupied, providing the new owner with immediate rental income from day one. Each unit is rented for $1,900 per month, generating a combined gross rental income of approximately $3,800 per month or $45,600 annually. The property is also conveniently located near the VA healthcare facilities, with easy access to Fort Myers, shopping, dining, schools, and other everyday conveniences. Whether you're an investor looking to add a modern, income-producing duplex to your portfolio or planning for future owner occupancy, this property offers a great combination of newer construction, modern finishes, an oversized fenced lot, impact windows and doors, strong rental income, and a convenient Cape Coral location.
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FeaturesGeneralSewer Assessment Unpaid Septic Tank
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Patio/Porch Features Patio
Architectural Style Contemporary Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Call Conditional
Year Built 2026
Tenant Pays Application Fee Electricity Internet Pet Deposit Security
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features None
HOA Fee 2 0
County Lee
Net Operating Income 0
Operating Expense 0
Property Type Residential Income
Association Amenities None
Subdivision Name CAPE CORAL
Full Baths 4
Status Active
Directions From Del Prado Blvd N head east on Kismet Pkwy E. Turn right onto NE 24th Ave then turn right onto NE 16th Terrace. Continue west on NE 16th Terrace to 2104 NE 16th Ter Cape Coral FL 33909. Property will be on your right.
City Cape Coral
Disclosures Familial Relation
Land Lease Amount 0
Zoning Description RML
Number Of Units Total 2
MLS Area CC31 - Cape Coral Unit 17 31-36
Lot Size Units Acres
Tax Annual Amount 1339
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026041741
Structure Type Duplex
Standard Status Active
Tax Lot 1
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 33 BLK.2219 PB 16 PG 43 LOTS 1 + 2
HOA Fee 3 0
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InteriorFlooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung
Half Baths 0
Total Bedrooms 6
Total Baths 4
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ExteriorGulf Access false
Exterior Amenities IrrigationSprinklers Patio Room For Pool
Lot Features Multiple lots Sprinklers Automatic
Water Source Assessment Unpaid Well
Lot Size Area 0.4704
Spa false
Building Area Total 2600
Lot Dimensions 160 x 125 x 160 x 125
Lot Size Acres 0.4704
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByBrandon FajardoListing Agent
Marzucco Real EstateBroker
FajardosRealty@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,137
- Monthly Property Taxes
- $112
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Cape Coral, FL
Average List Price $504,769
Percent of Sale Price 16%
About Cape Coral, FL 184,744 Population
76% Since 2002
$ 54,021 Median Income
44.67 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/6/2026 | $599,000 | | Listed Price |