5000 SW 16th PL, CAPE CORAL FL 33914

$545,900

  • sqft
  • 4 Beds
  • 4 Baths
  • Garages

General Information

  • List Price : $545,900
  • City : CAPE CORAL
  • Acres : 0.23
  • MLS Area :
  • Status Type : Resale Property
  • Approx. Living Area :
  • Furnished :
  • Date Created : 2025-09-19
  • MLS Number : 2025011323
  • State Or Province : FL
  • Subdivision : CAPE CORAL
  • County : Lee
  • Bedrooms : 4
  • Approx. Total Area :
  • Year Built : 1983
  • Potential Short :
  • DOM : 122
  • Address : 5000 SW 16th PL, CAPE CORAL FL 33914
  • Postal Code : 33914
  • Development : Array
  • Property Type : Residential Income
  • Bath Full : 4
  • Price per Sq Ft : $54
  • Property Id : 16-45-23-C2-04633.0400
  • Status : Active
  • CDOM : 122

Description

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 area located behind the lanai that is perfect for pets, a combination rarely found with duplex properties in this location. Both sides of the duplex have been recently fully renovated, offering modern finishes, updated interiors, and strong appeal to both short-term guests and long-term tenants. Additional upside exists through improved management, pricing strategy, marketing exposure, and rental vacancy optimization, providing room to further enhance performance beyond historical results. The duplex is located in a quiet, high-end residential neighborhood surrounded by well-maintained and higher-value homes, creating a refined setting that attracts quality renters while maintaining a peaceful atmosphere. Each unit offers comfortable and functional living spaces that support strong occupancy and consistent demand. The ability to blend short-term and long-term rental strategies allows an owner to balance cash flow, risk, and lifestyle in a way few properties can offer. Whether the goal is maximizing income, transitioning to a full short-term rental model, maintaining a hybrid approach, or living in one unit while renting the other, this property delivers unmatched optionality. Seller financing may be available with a sufficient down payment. Its close proximity to Cape Harbour’s marina, waterfront dining, shopping, and entertainment further enhances rental appeal and long-term value, making opportunities like this exceptionally rare in Cape Coral.

Provided by RealPro Real Estate Consultant

Detailed Property Information

  • Ownership :
  • Waterfront Y/N :
  • Boat Access : None
  • Cooling : Central Electric, Zoned
  • Kitchen :
  • Amenities : Pool
  • Restrictions :
  • Building Design :
  • View :
  • Waterfront Desc : None
  • Elementary School :
  • High School :
  • Floor Plan Type :
  • Private Pool Y/N : 1
  • Bedroom Desc :
  • Equipment :
  • Additional Rooms :
  • Storm Protection :
  • Building Features :
  • Community Type : No Subdivision
  • Gulf Access Y/N :
  • Gulf Access Type :
  • Middle School :
  • Pets : Yes
  • Heating :
  • Windows :
  • Flooring : Tile
  • Private Spa Y/N :
  • Dining Desc :
  • Exterior Features :

Unit / Building Information

  • Unit Floor :
  • Unit Number :
  • Construction : Concrete Block, Stucco
  • Total Floors :
  • Units in Building : 2
  • Elevator : None
  • Building Desc : Duplex
  • Units in Complex :
  • Roof : Shingle

Lot Information

  • Rear Exposure :
  • Range :
  • Sewer :
  • Lot Unit :
  • Section :
  • Irrigation : Assessment Paid
  • Block : 4633
  • Township :
  • Water : Assessment Paid
  • Lot Desc : Regular

Financial Information

  • Condo Fee :
  • Approval :
  • Tax Year : 2024
  • Condo Fee Freq :
  • Management :
  • Possession : Array
  • Tax Desc :
  • Maintenance :

Additional Details

  • Amenities :
  • County Or Parish : Lee
  • Foreclosed REOYN :
  • Gulf Access YN :
  • Irrigation : Assessment Paid
  • Legal Unit :
  • Lot Type :
  • Management :
  • Master HOA Fee Freq :
  • Original List Price : 599999
  • Parcel Number : 16-45-23-C2-04633.0400
  • Planned Use :
  • Postal Code Plus :
  • Property Type : Residential Income
  • Restrictions :
  • Section :
  • Source of Measurements :
  • State Or Province : FL
  • Street Dir Prefix : SW
  • Street Number : 5000
  • Sub Condo Name :
  • Unit Number :
  • View :
  • Waterfront YN :
  • CDOM : 122
  • Close Date :
  • Community Type : No Subdivision
  • Date Created : 2025-09-19
  • Full Address : 5000 SW 16th PL, CAPE CORAL FL 33914
  • Last Change Timestamp : 2026-01-19T18:11:57.220Z
  • List Price : $545,900
  • Lot Unit :
  • Mandatory Club Fee Freq :
  • MLS Area Major : CC22 - Cape Coral Unit 69,70,72-
  • Photo Count : 42
  • Possession : Array
  • Potential Short Sale YN :
  • Range :
  • Road :
  • Sewer :
  • Status : Active
  • Street Dir Suffix :
  • Subdivision Info : CAPE CORAL
  • Table : Residential Income
  • Township :
  • Water : Assessment Paid
  • Zoning Code: RD-D
  • Association Mngmt Phone : (239) 309-2772
  • Boat Access : None
  • Canal Width : $None
  • City : CAPE CORAL
  • Condo Fee :
  • Condo Fee Freq :
  • Current Price : $545,900
  • DOM : 122
  • Elevation :
  • Gulf Access Type :
  • Master HOA Fee Freq :
  • Land Lease Fee Freq :
  • Last Change Type : Price Change
  • Legal Desc :
  • Maintenance :
  • Mandatory HOA Y/N :
  • Matrix Modified DT : 2026-01-19T18:20:29.189Z
  • MLS Number : 2025011323
  • Other PI Ds :
  • Photo Modification Timestamp : 2025-09-22T15:57:51.290Z
  • Postal Code : 33914
  • Price Per Acre : 2,373,478
  • Rear Exposure :
  • Room Count : 0
  • Source of Measure Lot Dimensions :
  • Status Type : Resale Property
  • Street Name : 16th
  • Street Suffix : PL
  • Tax Desc :
  • Tax Year : 2024
  • Trees :
  • Utilities Available :
  • Waterfront Desc :
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5000 SW 16th PL, CAPE CORAL FL 33914

$545,900