4928/5000 SW 16th PL, Cape Coral, FL 33914
4928/5000 SW 16th PL, Cape Coral, FL 33914
4928/5000 SW 16th PL, Cape Coral, FL 33914
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$535,900
Est. payment /mo
4 Beds
4 Baths
2,400 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $223

Subdivision Cape Coral

MLS Listing ID 2026011492

Style Duplex

Bedrooms 4

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1983

Annual Tax Amount $3,552

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions Appraiser

Property Sub-Type Duplex

Property Description

Income producing duplex near Cape Harbour with strong short-term rental potential.
Rare duplex investment opportunity in highly desirable SW Cape Coral near Cape Harbour. This fully renovated property offers exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while generating rental income from the other.

The duplex consists of two spacious 2-bedroom, 2-bath units, offering approximately 2,400 total square feet of living space. Both units feature updated interiors, modern finishes, and functional layouts that appeal to both long-term tenants and short-term guests.

The property has a proven income history generating over $54,000 in 2025, with one unit successfully operating as a short-term rental and the other leased long-term. With the current tenant moving out, the new owner will have the flexibility to increase rents, convert both units to short-term rentals, maintain a hybrid rental strategy, or occupy one side while renting the other.

With optimized management and rental strategy, the property has the potential to generate $80,000+ annually in gross income.

A rare feature for a duplex in this area, the property includes a large heated pool, oversized screened lanai ideal for entertaining, and a fenced yard area perfect for pets.

Located in a quiet residential neighborhood surrounded by well-maintained homes and just minutes from Cape Harbour's marina, waterfront dining, shopping, and entertainment, the property offers strong rental demand and long-term value.

Location

State FL

County Lee

Community Cape Coral

Area Cc22 - Cape Coral Unit 69, 70, 72-

Rooms

Bedroom Description NaN

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric, Zoned

Flooring Tile

Furnishings Furnished

Fireplace No

Window Features Single Hung

Exterior

Exterior Feature Fence, Sprinkler/ Irrigation

Pool Concrete, In Ground, Screen Enclosure

Community Features Non- Gated

Utilities Available Cable Available

Amenities Available None

Waterfront Description None

Water Access Desc Assessment Paid,Public

Roof Type Shingle

Garage No

Private Pool Yes

Building

Lot Description Rectangular Lot, Sprinklers Automatic

Dwelling Type Duplex

Sewer Assessment Paid, Public Sewer

Water Assessment Paid, Public

Architectural Style Duplex

Structure Type Block,Concrete,Stucco

Construction Status Resale

Others

Pets Allowed Yes

Senior Community No

Tax ID 16-45-23-C2-04633.0400

Acceptable Financing All Financing Considered, Cash

Listing Terms All Financing Considered, Cash

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026011492


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Listed by RE/MAX Trend • Brian Koonmen

Nearby Locations

Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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4928/5000 SW 16th PL