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107 SW 16th Terrace, Cape Coral, FL 33991

Local realty services provided by:CENTURY 21 Selling Paradise
107 SW 16th Terrace,Cape Coral, FL 33991
$650,000
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  • 8 Beds
  • 4 Baths
  • 3,512 sq. ft.
  • Multi-family
  • Active
Listed by:
MLS#:2026001824
Source:FL_GFMB

Price summary

  • Price:$650,000
  • Price per sq. ft.:$185.08

About this home

Great investment opportunity with this 4PLEX in a prime Cape Coral location. This income-producing 4-unit multifamily property offers steady cash flow and immediate rental appeal. Each spacious 2-bedroom, 1-bath unit features a living and dining area, kitchen, tile flooring throughout, screened lanai, and inside laundry hookups. Recent capital improvements include 4 new A/C Units (2021-2022), 4 new Water Heaters (2020, 2024, 2025, 2025), re-plumb, and a metal roof with third nail added in 2021.Two units have refreshed kitchens and bathrooms, adding modern appeal for tenants. No flood insurance required. A solid addition to any investor's portfolio, offering turnkey income and long-term appreciation potential!

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Home facts

  • Year built:1985
  • Listing ID #:2026001824
  • Added:1 day(s) ago
  • Updated:January 14, 2026 at 09:43 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,512 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Metal
  • Year built:1985
  • Building area:3,512 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$185.08
  • Tax amount:$9,573 (2025)
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.

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