2102/2104 NE 16th Terrace Cape Coral, FL $ 599,000
2102/2104 NE 16th Terrace
$ 599,000
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2102/2104 NE 16th Terrace

Cape Coral, FL, 33909
$ 599,000
Bedrooms6 Baths4.0 Sq 2,600

Monthly Estimate*

$ 4,137

2102/2104 NE 16th Terrace, Cape Coral, FL 33909 - Image 1
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2102/2104 NE 16th Terrace, Cape Coral, FL 33909 - Image 8
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Multi-Family Home for sale in Cape Coral, FL

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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Multi-Family Active

Price

$ 599,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,339

Style

Contemporary, Duplex

Lot Size

0.4704

Year Built

2026

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026041741

Features
General
Sewer 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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Interior
Flooring 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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Exterior
Gulf 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 Features
List By
Brandon Fajardo

Listing Agent

Marzucco Real Estate

Broker

FajardosRealty@gmail.com

Email

Affordability Calculator

$4,249
Per Month
97%
3%
0%
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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2026$599,000 Listed Price

Map


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2102/2104 NE 16th Terrace, Cape Coral, FL, 33909 is a Multi-Family Home for sale at $599,000 with 2,600 sqft and a lot size of 0.4704. 2102/2104 NE 16th Terrace has 6 bedrooms, 4.0 baths, and was built in 2026. The property's zip code is 33909 which is in Cape Coral, FL