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Home For Sale
107 SW 16th Terrace
Cape Coral, Florida 33991
Lee CountyCommunity: CAPE CORAL
$650,000
8 br, 4.0 bath
0 sq. ft.
0.344 acres
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, private 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!
Interior:
- Bedrooms: 8
- Baths: 4.0
- Sq Ft: 0
- Year Built: 1985
- Utilities:
- Fireplaces:
- Stories: 1
- Heat/AC: Electric (Heating), Central
- Garage:
Exterior:
- Lot Size: 0.344 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding: Block, Concrete, Stucco
- Roof: Metal
- Property Taxes: $9,573
- MLS #: 2026001824
Contact Information:
Listing Agent: Michelle Distefano, Century 21 Selling Paradise, 239-841-4274, 239-542-5777
Listing Site, Listing Status: Active
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.
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.
Ad Number: 7187349
Viewed 16 times.
Updated: Feb 04, 2026

