4928/5000 SW 16th Place, Cape Coral, FL 33914
Local realty services provided by:CENTURY 21 Selling Paradise
Listed by: brian koonmen
Office: re/max trend
MLS#:2026011492
Source:FL_GFMB
Price summary
- Price:$545,900
- Price per sq. ft.:$227.46
About this home
Income producing duplex near Cape Harbour with strong short-term rental potential.
Rare duplex investment opportunity in highly desirable SW Cape Coral near Cape Harbour. This fully renovated property offers exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while generating rental income from the other.
The duplex consists of two spacious 2-bedroom, 2-bath units, offering approximately 2,400 total square feet of living space. Both units feature updated interiors, modern finishes, and functional layouts that appeal to both long-term tenants and short-term guests.
The property has a proven income history generating over $54,000 in 2025, with one unit successfully operating as a short-term rental and the other leased long-term. With the current tenant moving out, the new owner will have the flexibility to increase rents, convert both units to short-term rentals, maintain a hybrid rental strategy, or occupy one side while renting the other.
With optimized management and rental strategy, the property has the potential to generate $80,000+ annually in gross income.
A rare feature for a duplex in this area, the property includes a large heated pool, oversized screened lanai ideal for entertaining, and a fenced yard area perfect for pets.
Located in a quiet residential neighborhood surrounded by well-maintained homes and just minutes from Cape Harbour’s marina, waterfront dining, shopping, and entertainment, the property offers strong rental demand and long-term value.
Seller financing may be available with acceptable terms and sufficient down payment....
Contact an agent
Home facts
- Year built:1983
- Listing ID #:2026011492
- Added:1 day(s) ago
- Updated:March 17, 2026 at 04:43 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Tile
- Living area:2,400 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric, Zoned
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1983
- Building area:2,400 sq. ft.
- Architectural Style:Duplex
- Construction Materials:Block, Concrete, Stucco
- Exterior Features:Fence, Sprinkler Irrigation
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$545,900
- Price per sq. ft.:$227.46
- Tax amount:$3,552 (2025)
Features and amenities
- Pool features:Concrete, In Ground, Screen Enclosure
New listings near 4928/5000 SW 16th Place
- New
$429,000Active3 beds 2 baths2,031 sq. ft.2518 Verdmont Court, Cape Coral, FL 33991
MLS# 2026007097Listed by: EXP REALTY LLC - Open Sat, 12 to 3pmNew
$950,000Active3 beds 3 baths2,279 sq. ft.1503 NW 39th Avenue, Cape Coral, FL 33993
MLS# 2026012761Listed by: RE/MAX TREND - New
$55,000Active0 Acres915 NE 23rd Street, Cape Coral, FL 33909
MLS# 2026012808Listed by: YOUR HOME SOLD GUARANTEED RLTY - New
$259,000Active2 beds 2 baths1,306 sq. ft.5510 SW 4th Place #406, Cape Coral, FL 33914
MLS# 2026012935Listed by: LOCATEHOMES.COM - New
$525,000Active0 Acres3424 SW 7th Terrace, Cape Coral, FL 33991
MLS# 2026013014Listed by: EXPERIENCE REAL ESTATE GROUP - New
$65,000Active0 Acres1223 NW 11th Street, Cape Coral, FL 33993
MLS# 2026011471Listed by: SUNBIRD - New
$420,000Active3 beds 2 baths2,199 sq. ft.1819 SW 11th Street, Cape Coral, FL 33991
MLS# 2026012989Listed by: PREMIERE PLUS REALTY COMPANY - New
$409,000Active3 beds 2 baths2,199 sq. ft.1625 SW 4th Street, Cape Coral, FL 33991
MLS# 2026013002Listed by: PREMIERE PLUS REALTY COMPANY - New
$450,000Active4 beds 2 baths2,854 sq. ft.2419 Ashbury Circle, Cape Coral, FL 33991
MLS# 2026013004Listed by: DOMAINREALTY.COM LLC - New
$49,900Active0 Acres4414 NW 40th Terrace, Cape Coral, FL 33993
MLS# 2026013006Listed by: SCHIFF REALTY, INC