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111-108 SW 16th Terrace, Cape Coral, FL 33991

Cape Coral
Local realty services provided by:CENTURY 21 SUNBELT REALTY
111-108 SW 16th Terrace,Cape Coral, FL 33991
$4,800,000
Virtual Tour
  • 32 Beds
  • - Baths
  • 17,896 sq. ft.
  • Multi-family
  • Active
Listed by: otis jonuskis
Office: self realty
MLS#:2026044611
Source:FL_GFMB

Price summary

  • Price:$4,800,000
  • Price per sq. ft.:$268.22

About this home

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, washera/dryers. 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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Home facts

  • Year built:2026
  • Subdivision & Development:CAPE CORAL
  • Listing ID #:2026044611
  • Added:1 day(s) ago
  • Updated:October 23, 2026 at 06:51 PM

Rooms and interior

  • Bedrooms:32
  • Flooring:Concrete, Tile
  • Living area:17,896 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2026
  • Building area:17,896 sq. ft.
  • Lot area:1.03 Acres
  • Architectural Style:Two Story
  • Construction Materials:Block, Concrete, Stucco
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,800,000
  • Price per sq. ft.:$268.22
  • Tax amount:$7,169 (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. FL_GFMB Member Broker: Jim Fischer

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