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111 SW 16th Terrace
Cape Coral FL 33991 US

$4,800,000

Active Listing ID 2026043268
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Lot: 1.03 Acres
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Other

$4,800,000

Active Listing ID 2026043268
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111 SW 16th Terrace Unique Cape Coral Investment Opportunity. This brand new 16-unit 2 story building offers an exceptional investment opportunity. Property has tons of upgrades: 2 story concrete block building with 16 units all 2 Bed/bath, tile flooring throughout, granite countertops, stainless steel appliances. Not in a flood zone, no HOA fees, close to shopping, schools and dining. Could be used as vacation rental or long term rentals. You can not build same building for this price, offered below current construction cost for quick sale. Great option for 1031 exchange.

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Property Features

  • Facts
  • Lot Size: 1.03 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 4800000
  • unparsedaddress: 111 SW 16th Terrace
  • postalcity: Cape Coral
  • stateorprovince: FL
  • country: US
  • postalcode: 33991
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.033
  • lotsizeunits: Acres
  • lotsizearea: 1.033
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 26.622397
  • longitude: -81.97696
  • listagentfullname: Otis Jonuskis
  • listagentemail: otis78@gmail.com
  • listagentkey: 3yd-FMSWFL-F3069432
  • listagentmlsid: F3069432
  • listagentpreferredphone: 2397774741
  • listagentofficephone: 2397774741
  • listofficekey: 3yd-FMSWFL-SELF
  • listagentstatelicense: 249514135
  • listofficemlsid: SELF
  • 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: 2026
  • listingcontractdate: 2026-10-14
  • listagentfax: 2393301434
  • listagenturl: http://www.spflorida.com
  • countyorparish: Lee
  • parcelnumber: 26-44-23-C2-03082.0140
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.97696, 26.622396
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Self Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"otis78@gmail.com", "ListBrokerageCity":"Bonita Springs", "ListBrokerageCountry":"US", "ListBrokerageEmail":"otis78@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Self Realty", "ListBrokeragePhone":"(239) 777-4741", "ListBrokeragePostalCode":"34135", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"9990 Coconut rd #254", "ListBrokerageWebsiteUrl":"http://www.spflorida.com", "ListOfficeAddress1":"9990 Coconut Road No. 254 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"SELF", "ListOfficeCity":"Bonita Springs", "ListOfficeCountry":"US", "ListOfficeEmail":"otis78@gmail.com", "ListOfficePostalCode":"34135", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"CommercialSale, Cape Coral, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-10-14 14:15:38", "Neighborhoods":[{"Description":null, "Name":"CC23 - Cape Coral Unit 28"}, {"Description":null, "Name":"29"}, {"Description":null, "Name":"45"}, {"Description":null, "Name":"62"}, {"Description":null, "Name":"63"}, {"Description":null, "Name":"66"}, {"Description":null, "Name":"68"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7169, "TaxDescription":"CAPE CORAL UNIT 62 BLK 3082 PB 21 PG 38 LOTS 14 THRU 16", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/14/2026 2:19:29 PM GMT
Source Updated Date: 10/16/2026 12:52:22 AM GMT

Courtesy of: Otis Jonuskis, Self Realty, otis78@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.