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107 SW 16th Terrace
Cape Coral FL 33991 US

$650,000

Active Listing ID 2026001824
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8 bed
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4.00 Bath (4 Full)
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Lot: 0.34 Acres
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Single Family Residence

$650,000

Active Listing ID 2026001824
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107 SW 16th Terrace 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!

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Property Features

  • Facts
  • Lot Size: 0.34 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 4
  • Cooling System: Electric, Ceiling Fan(s), Central Air
  • Exterior Finish: Patio
  • Floor Covering: Vinyl, Tile
  • Roof Type: Metal
  • Heating Fuels: Central, Electric (Heating)
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Single Family Residence
  • listprice: 650000
  • unparsedaddress: 107 SW 16th Terrace
  • postalcity: Cape Coral
  • stateorprovince: FL
  • country: US
  • postalcode: 33991
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.344
  • lotsizeunits: Acres
  • lotsizearea: 0.344
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 26.622163
  • longitude: -81.976634
  • listagentfullname: Michelle Distefano
  • listagentemail: Michelle2BuyandSell@gmail.com
  • listagentkey: 3yd-FMSWFL-C3305205
  • listagentmlsid: C3305205
  • listagentpreferredphone: 2398414274
  • listagentofficephone: 2398414274
  • listofficekey: 3yd-FMSWFL-CSPRI
  • listagentstatelicense: 252013314
  • listofficemlsid: CSPRI
  • disclaimer: Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FMSWFL
  • yearbuilt: 1985
  • listingcontractdate: 2026-01-13
  • countyorparish: Lee
  • parcelnumber: 26-44-23-C2-03082.0370
  • cooling: Electric, Ceiling Fan(s), Central Air
  • constructionmaterials: Block, Concrete, Stucco
  • flooring: Vinyl, Tile
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Patio
  • architecturalstyle: Ranch
  • rooms: Bedroom 2, Bedroom 7, Bathroom 3, Bathroom 4, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 8, Bathroom 1, Bathroom 2
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.97663, 26.622164
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Century 21 Selling Paradise", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Michelle2BuyandSell@gmail.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Century 21 Selling Paradise", "ListBrokeragePhone":"(239) 542-5777", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"3409 Del Prado Blvd S No. 103 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"CSPRI", "ListOfficeCity":"Cape Coral", "ListOfficeCountry":"USA", "ListOfficeEmail":"laurie.guminski@c21sp.com", "ListOfficePostalCode":"33904", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Ranch - Cape Coral, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-01-14 20:19:34", "Neighborhoods":[{"Description":null, "Name":"CAPE CORAL"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9573, "TaxDescription":"CAPE CORAL UNIT 62 BLK 3082 PB 21 PG 38 LOTS 37 THRU 39", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/4/2026 1:08:16 AM GMT
Source Updated Date: 2/4/2026 6:48:34 PM GMT

Courtesy of: Michelle Distefano, Century 21 Selling Paradise, Michelle2BuyandSell@gmail.com

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.