5000 SW 16th Place

This rare duplex presents the potential to generate over $80,000 annually if both sides are operated as short-term rentals, subject to market conditions, management strategy, and owner execution, making it a true unicorn opportunity in one of the most desirable areas of SW Cape Coral. The property has a proven income history, generating over $54,000 in 2025, with approximately $39,000 produced by one side operating as a successful short-term rental and the remaining income generated from the other side as a long-term rental. The long-term tenant is moving out, providing immediate flexibility for a new owner to increase rents, convert the unit to an additional short-term rental, owner-occupy one side, or fully optimize income across both units. This property is considered a unicorn not only for its income flexibility and proximity to Cape Harbour’s amenities and marina, but also because it features a large heated pool, a huge screened-in lanai ideal for entertaining, and a fenced yard area located behind the lanai that is perfect for pets, a combination rarely found with duplex properties in this location. Both sides of the duplex have been recently fully renovated, offering modern finishes, updated interiors, and strong appeal to both short-term guests and long-term tenants. Additional upside exists through improved management, pricing strategy, marketing exposure, and rental vacancy optimization, providing room to further enhance performance beyond historical results. The duplex is located in a quiet, high-end residential neighborhood surrounded by well-maintained and higher-value homes, creating a refined setting that attracts quality renters while maintaining a peaceful atmosphere. Each unit offers comfortable and functional living spaces that support strong occupancy and consistent demand. The ability to blend short-term and long-term rental strategies allows an owner to balance cash flow, risk, and lifestyle in a way few properties can offer. Whether the goal is maximizing income, transitioning to a full short-term rental model, maintaining a hybrid approach, or living in one unit while renting the other, this property delivers unmatched optionality. Seller financing may be available with a sufficient down payment. Its close proximity to Cape Harbour’s marina, waterfront dining, shopping, and entertainment further enhances rental appeal and long-term value, making opportunities like this exceptionally rare in Cape Coral.