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5000 SW 16th Place, Cape Coral, FL 33914

Local realty services provided by:CENTURY 21 SUNBELT REALTY
5000 SW 16th Place,Cape Coral, FL 33914
$545,900
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  • 4 Beds
  • 4 Baths
  • 2,400 sq. ft.
  • Multi-family
  • Active
Listed by: rick bengson, troy swope swope
Office: realpro real estate consultant
MLS#:2025011323
Source:FL_GFMB

Price summary

  • Price:$545,900
  • Price per sq. ft.:$227.46

About this home

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

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Home facts

  • Year built:1983
  • Listing ID #:2025011323
  • Added:146 day(s) ago
  • Updated:February 11, 2026 at 03:49 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,400 sq. ft.

Heating and cooling

  • Cooling:Electric, Zoned
  • Heating:Central, Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1983
  • Building area:2,400 sq. ft.

Finances and disclosures

  • Price:$545,900
  • Price per sq. ft.:$227.46
  • Tax amount:$3,433 (2024)
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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