USAFLCape CoralCape Coral1304-1302-1304 Ne 16Th Ter
Listing image | Image 1

1304-1302-1304 Ne 16 Th Ter, Cape Coral, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$425,000

440

MLS® 2026025741

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2160 sqft
Garage No
Taxes $10,633
Days Active 0
Lot Size 0.2549999952316284 Acres
Approx. Age 2006
Avg. Price Per Sqft $196
MLS® Number 2026025741

Property Address: 1304-1302-1304 Ne 16th Ter, Cape Coral, FL, 33909-5396

Average square foot calculated using Size range provided by listing agent.

Description

This well-maintained duplex presents a rare opportunity for immediate cash flow and long-term stability in the heart of Cape Coral. Each spacious unit offers 2 bedrooms plus a den, 2 full baths, vaulted ceilings, open-concept living, tile flooring throughout, private laundry, and a 1-car garage. Residents also enjoy screened porches and a private 10x12 concrete patio for outdoor living. Recent capital improvements provide added peace of mind, including a new roof in 2023, updated kitchen appliances and water heater in Unit 1302, a new water softener, and fresh interior paint in Unit 1304. Ideally located near Del Prado Blvd and Pine Island Road, this property offers convenient access to shopping, dining, and everyday essentials while maintaining a quiet neighborhood feel. Best of all—ZERO ASSESSMENT DEBT. One side is already leased to a reliable long-term tenant through February 28, 2027, generating $1, 960 per month ($23, 520 annually) in immediate income from day one. The second unit is freshly updated, and move-in ready—ideal for an owner-occupant looking to offset expenses (“house hack”) or for an investor to lease at current market rents of $2, 000+ per month. With both units occupied, projected gross annual income approaches $47, 500, creating an exceptional income-producing opportunity with major expenses already addressed. Whether you’re expanding your portfolio or entering the investment market, this low-maintenance duplex is positioned to perform from day one. Don’t miss the chance to secure a high-demand, income-producing property in one of Cape Coral’s most convenient locations.
MLS® Number2026025741
Laundry Level
Central VacNo
FireplaceNo
Acreage0.255
Exterior
GarageNo
Approx. Age2006
Basement
Driveway
Garage Spaces
HeatCentral Electric
A/CCeiling Fan(s), Central Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 30, 2026List Date
$425,000List Price
  • Commute

Commute

Starting Address
Destination Address
1302-1304 Ne 16 Th Ter, Cape Coral, FL

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