107 SW 16th TER, CAPE CORAL FL 33991

$650,000

  • sqft
  • 8 Beds
  • 4 Baths
  • Garages

General Information

  • List Price : $650,000
  • City : CAPE CORAL
  • Acres : 0.344
  • MLS Area :
  • Status Type : Resale Property
  • Approx. Living Area :
  • Furnished :
  • Date Created : 2026-01-14
  • MLS Number : 2026001824
  • State Or Province : FL
  • Subdivision : CAPE CORAL
  • County : Lee
  • Bedrooms : 8
  • Approx. Total Area :
  • Year Built : 1985
  • Potential Short :
  • DOM : 0
  • Address : 107 SW 16th TER, CAPE CORAL FL 33991
  • Postal Code : 33991
  • Development : Array
  • Property Type : Residential Income
  • Bath Full : 4
  • Price per Sq Ft : $43
  • Property Id : 26-44-23-C2-03082.0370
  • Status : Active
  • CDOM : 0

Description

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!

Provided by Century 21 Selling Paradise

Detailed Property Information

  • Ownership :
  • Waterfront Y/N :
  • Boat Access : None
  • Cooling : Ceiling Fan(s), Central Electric
  • Kitchen :
  • Amenities : None
  • Restrictions :
  • Building Design :
  • View :
  • Waterfront Desc : None
  • Elementary School :
  • High School :
  • Floor Plan Type :
  • Private Pool Y/N :
  • Bedroom Desc :
  • Equipment :
  • Additional Rooms :
  • Storm Protection :
  • Building Features :
  • Community Type : Non-Gated
  • Gulf Access Y/N :
  • Gulf Access Type :
  • Middle School :
  • Pets : With Approval
  • Heating :
  • Windows :
  • Flooring : Tile, Vinyl
  • Private Spa Y/N :
  • Dining Desc :
  • Exterior Features :

Unit / Building Information

  • Unit Floor :
  • Unit Number :
  • Construction : Concrete Block, Stucco
  • Total Floors :
  • Units in Building : 4
  • Elevator : None
  • Building Desc : 1 Story/Ranch
  • Units in Complex :
  • Roof : Metal

Lot Information

  • Rear Exposure :
  • Range :
  • Sewer :
  • Lot Unit :
  • Section :
  • Irrigation : Central, None
  • Block : 3082
  • Township :
  • Water : Central
  • Lot Desc : Oversize

Financial Information

  • Condo Fee :
  • Approval :
  • Tax Year : 2025
  • Condo Fee Freq :
  • Management :
  • Possession : Array
  • Tax Desc :
  • Maintenance :

Additional Details

  • Amenities :
  • County Or Parish : Lee
  • Foreclosed REOYN :
  • Gulf Access YN :
  • Irrigation : Central, None
  • Legal Unit :
  • Lot Type :
  • Management :
  • Master HOA Fee Freq :
  • Original List Price : 650000
  • Parcel Number : 26-44-23-C2-03082.0370
  • Planned Use :
  • Postal Code Plus :
  • Property Type : Residential Income
  • Restrictions :
  • Section :
  • Source of Measurements :
  • State Or Province : FL
  • Street Dir Prefix : SW
  • Street Number : 107
  • Sub Condo Name :
  • Unit Number :
  • View :
  • Waterfront YN :
  • CDOM : 0
  • Close Date :
  • Community Type : Non-Gated
  • Date Created : 2026-01-14
  • Full Address : 107 SW 16th TER, CAPE CORAL FL 33991
  • Last Change Timestamp : 2026-01-14T18:32:00.207Z
  • List Price : $650,000
  • Lot Unit :
  • Mandatory Club Fee Freq :
  • MLS Area Major : CC23 - Cape Coral Unit 28,29,45,62,63,66,68
  • Photo Count : 31
  • Possession : Array
  • Potential Short Sale YN :
  • Range :
  • Road : Paved
  • Sewer :
  • Status : Active
  • Street Dir Suffix :
  • Subdivision Info : CAPE CORAL
  • Table : Residential Income
  • Township :
  • Water : Central
  • Zoning Code: RML
  • Association Mngmt Phone : (239) 542-5777
  • Boat Access : None
  • Canal Width : $None
  • City : CAPE CORAL
  • Condo Fee :
  • Condo Fee Freq :
  • Current Price : $650,000
  • DOM : 0
  • Elevation :
  • Gulf Access Type :
  • Master HOA Fee Freq :
  • Land Lease Fee Freq :
  • Last Change Type : New Listing
  • Legal Desc :
  • Maintenance :
  • Mandatory HOA Y/N :
  • Matrix Modified DT : 2026-01-14T20:31:49.983Z
  • MLS Number : 2026001824
  • Other PI Ds :
  • Photo Modification Timestamp : 2026-01-14T20:31:49.964Z
  • Postal Code : 33991
  • Price Per Acre : 1,889,535
  • Rear Exposure :
  • Room Count : 0
  • Source of Measure Lot Dimensions :
  • Status Type : Resale Property
  • Street Name : 16th
  • Street Suffix : TER
  • Tax Desc :
  • Tax Year : 2025
  • Trees :
  • Utilities Available :
  • Waterfront Desc :
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107 SW 16th TER, CAPE CORAL FL 33991

$650,000