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111 SW 16th Terrace Cape Coral, FL $ 4,800,000
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$ 4,800,000 Get more info
111 SW 16th Terrace
$ 4,800,000
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Recently Listed New Construction
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111 SW 16th Terrace

Cape Coral, FL, 33991
$ 4,800,000
Bedrooms-- Baths-- Sq 17,896

Monthly Estimate*

$ 33,152

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Commercial Property for sale in Cape Coral, FL

for $4,800,000. This 17,896 square foot building was built in 2026 on a lot size of 1.033.

Unique Cape Coral Investment Opportunity. This brand new 16-unit 2 story building offers an exceptional investment opportunity. Property has tons of upgrades: 2 story concrete block building with 16 units all 2 Bed/bath, tile flooring throughout, granite countertops, stainless steel appliances. Not in a flood zone, no HOA fees, close to shopping, schools and dining. Could be used as vacation rental or long term rentals. You can not build same building for this price, offered below current construction cost for quick sale. Great option for 1031 exchange.

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Commercial Active

Price

$ 4,800,000

Property Type

Commercial

Taxes

$ 7,168

Style

Low Rise

Lot Size

1.033

Year Built

2026

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026043268
Features
General
Utilities Electricity Available Sewer Available Trash Collection Water Available
HOA Fee 0
Architectural Style Low Rise
Security Features Fire Sprinkler System
Year Built 2026
Property Subtype Multi Family
Tax Year 2025
Waterfront Features None
HOA Fee 2 0
County Lee
New Construction true
Property Type Commercial Sale
Status Active
Directions GPS
City Cape Coral
Land Lease Amount 0
Zoning Description RD-D
MLS Area CC23 - Cape Coral Unit 28 29 45 62 63 66 68
Lot Size Units Acres
Tax Annual Amount 7168.67
Property Condition New Construction
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026043268
Standard Status Active
Legal Description CAPE CORAL UNIT 62 BLK 3082 PB 21 PG 38 LOTS 14 THRU 16
HOA Fee 3 0
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Interior
Total Stories 2
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Exterior
Gulf Access false
Lot Size Area 1.033
Building Area Total 17896
Lot Size Acres 1.033
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Otis Jonuskis

Listing Agent

Self Realty

Broker

otis78@gmail.com

Email

Affordability Calculator

$33,750
Per Month
98%
2%
0%
Monthly Principal & Interest
$33,152
Monthly Property Taxes
$597
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/14/2026$4,800,000 Listed Price

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111 SW 16th Terrace, Cape Coral, FL, 33991 is a Commercial Property for sale at $4,800,000 with 17,896 sqft and a lot size of 1.033. 111 SW 16th Terrace was built in 2026. The property's zip code is 33991 which is in Cape Coral, FL

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