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5000 SW 16th Place
Cape Coral FL 33914 US

$545,900

Active Listing ID 2025011323
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4 bed
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4.00 Bath (4 Full)
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Lot: 0.23 Acres
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Other

$545,900

Active Listing ID 2025011323
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5000 SW 16th Place 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.

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Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Zoned, Central Air, Electric
  • Exterior Finish: Fence, SprinklerIrrigation
  • Floor Covering: Tile
  • Roof Type: Shingle
  • Heating Fuels: Central, Electric (Heating)
  • Additional Features
  • Pool

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 545900
  • unparsedaddress: 5000 SW 16th Place
  • postalcity: Cape Coral
  • stateorprovince: FL
  • country: US
  • postalcode: 33914
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 26.558884
  • longitude: -82.008014
  • listagentfullname: Rick Bengson
  • listagentemail: rick@realprorealestate.com
  • listagentkey: 3yd-FMSWFL-P3449476
  • listagentmlsid: P3449476
  • listagentpreferredphone: 2394944663
  • listagentofficephone: 2394944663
  • listofficekey: 3yd-FMSWFL-FRPPM
  • listagentstatelicense: 196509754
  • listofficemlsid: FRPPM
  • 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: 1983
  • listingcontractdate: 2025-09-19
  • listagenturl: http://www.realprorealestate.com
  • countyorparish: Lee
  • parcelnumber: 16-45-23-C2-04633.0400
  • cooling: Zoned, Central Air, Electric
  • constructionmaterials: Block, Concrete, Stucco
  • flooring: Tile
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • exteriorfeatures: Fence, SprinklerIrrigation
  • architecturalstyle: Other
  • rooms: Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 3
  • dock: False
  • poolprivateyn: True
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • location: -82.00801, 26.558884
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RealPro Real Estate Consultants", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rick@realprorealestate.com", "ListBrokerageCity":"Cape Coral", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rick@realprorealestate.com.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/FMSWFL/1416e7a1cfad11eca46d0242ac110003/20220509153959803.png", "ListBrokerageName":"RealPro Real Estate Consultants", "ListBrokeragePhone":"(123) 949-4466", "ListBrokeragePostalCode":"33914", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1504 SW 57th Street", "ListBrokerageWebsiteUrl":"http://www.realprorealestate.com", "ListOfficeAddress1":"9160 Forum Corporate Parkway No. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"FRPPM", "ListOfficeCity":"Fort Myers", "ListOfficeCountry":"USA", "ListOfficeEmail":"rick@bengson.com", "ListOfficePostalCode":"33905", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - Cape Coral, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5000-SW-16th-Pl_Cape-Coral_FL_33914_M62315-14521?f=listhub&s=FMSWFL&m=2025011323&c=rexren", "MLSModificationTimestamp":"2026-01-19 18:12:21", "Neighborhoods":[{"Description":null, "Name":"CAPE CORAL"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3433, "TaxDescription":"CAPE CORAL UNIT 69 BLK 4633 PB 22 PG 47 LOTS 40 + 41", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/27/2026 8:31:40 AM GMT
Source Updated Date: 2/24/2026 6:48:45 PM GMT

Courtesy of: Rick Bengson, RealPro Real Estate Consultant, rick@realprorealestate.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.