Ad #7992088
MLS #2026025741
This well-maintained duplex presents a rare opportunity for
1302-1304 NE 16th Terrace, Cape Coral, Florida, 33909
$425,000
4Beds
4Baths
--Sqft
0.255Acres
About this property
This well-maintained duplex presents a rare opportunity for immediate cash flow and long-term stability in the heart of Cape Coral. Each spacious unit offers 2 bedrooms plus a den, 2 full baths, vaulted ceilings, open-concept living, tile flooring throughout, private laundry, and a 1-car garage. Residents also enjoy screened porches and a private 10x12 concrete patio for outdoor living. Recent capital improvements provide added peace of mind, including a new roof in 2023, updated kitchen appliances and water heater in Unit 1302, a new water softener, and fresh interior paint in Unit 1304. Ideally located near Del Prado Blvd and Pine Island Road, this property offers convenient access to shopping, dining, and everyday essentials while maintaining a quiet neighborhood feel. One side is already leased to a reliable long-term tenant through February 28, 2027, generating $1,960 per month ($23,520 annually) in immediate income from day one. The second unit is freshly updated, and move-in ready-ideal for an owner-occupant looking to offset expenses (*house hack*) or for an investor to lease at current market rents of $2,000+ per month. With both units occupied, projected gross annual income approaches $47,500, creating an exceptional income-producing opportunity with major expenses already addressed. Whether you're expanding your portfolio or entering the investment market, this low-maintenance duplex is positioned to perform from day one. Don't miss the chance to secure a high-demand, income-producing property in one of Cape Coral's most convenient locations.
Property Features
4 Beds
4 Baths
0 Sqft
Built in 2006
0.255 Acres
1 Story
Siding: Block, Concrete, Stucco
Shingle Roof
Has Swimming Pool
Central, Electric (Heating)
$10,633 / yr property tax
Lee County
CAPE CORAL Community
Additional Photos
Contact Information
Maxwell Thompson
Premier Sotheby's Int'l Realty
239-989-3855
Location
Listing Agent: Maxwell Thompson (License #: 258009817) 239-989-3855
Broker: Premier Sotheby's Int'l Realty 239-472-2735 Listing Site
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.
Broker: Premier Sotheby's Int'l Realty 239-472-2735 Listing Site
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.
BeachHouse.com
Printed Jul 24, 2026
Photo Gallery
$425,000
4
Beds
4
Baths
--
Sqft
1302-1304 NE 16th Terrace, Cape Coral, Florida, 33909
By contacting this agent you agree to these Terms and Conditions.
MLS# 2026025741
This well-maintained duplex presents a rare opportunity for
$425,000
1302-1304 NE 16th Terrace, Cape Coral, Florida, 33909
4
Beds
4
Baths
--
Sqft
0.255
Acres
$425,000
1302-1304 NE 16th Terrace, Cape Coral, Florida, 33909
4 Beds
4 Baths
-- Sqft
0.255 Acres
This well-maintained duplex presents a rare opportunity for immediate cash flow and long-term stability in the heart of Cape Coral. Each spacious unit offers 2 bedrooms plus a den, 2 full baths, vaulted ceilings, open-concept living, tile flooring throughout, private laundry, and a 1-car garage. Residents also enjoy screened porches and a private 10x12 concrete patio for outdoor living. Recent capital improvements provide added peace of mind, including a new roof in 2023, updated kitchen appliances and water heater in Unit 1302, a new water softener, and fresh interior paint in Unit 1304. Ideally located near Del Prado Blvd and Pine Island Road, this property offers convenient access to shopping, dining, and everyday essentials while maintaining a quiet neighborhood feel. One side is already leased to a reliable long-term tenant through February 28, 2027, generating $1,960 per month ($23,520 annually) in immediate income from day one. The second unit is freshly updated, and move-in ready-ideal for an owner-occupant looking to offset expenses (*house hack*) or for an investor to lease at current market rents of $2,000+ per month. With both units occupied, projected gross annual income approaches $47,500, creating an exceptional income-producing opportunity with major expenses already addressed. Whether you're expanding your portfolio or entering the investment market, this low-maintenance duplex is positioned to perform from day one. Don't miss the chance to secure a high-demand, income-producing property in one of Cape Coral's most convenient locations.
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Property Details
HOME DETAILS
4 Beds
4 Baths
0 Sqft
Built in 2006
0.255 Acres
1 Story
EXTERIOR
Siding: Block, Concrete, Stucco
Shingle Roof
Has Swimming Pool
INTERIOR
Central, Electric (Heating)
FINANCIAL & COMMUNITY
$10,633 / yr property tax
Lee County
CAPE CORAL Community
See More Details
Location
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Ad Statistics
Ad Number
7992088
Viewed
51 times
Listing Status
Active
Added
Jun 30, 2026
Last Refresh
Jul 24, 2026 04:01:17 PM
Listing Information
Data Source
Florida Gulf Coast Multiple Listing Service, Inc.
Source Property ID
2026025741
Listing Agent: Maxwell Thompson (License #: 258009817) 239-989-3855
Broker: Premier Sotheby's Int'l Realty 239-472-2735 Listing Site
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.
Broker: Premier Sotheby's Int'l Realty 239-472-2735 Listing Site
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.
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