2102/2104 NE 16th TER Cape Coral, FL 33909
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2026041741
Style Contemporary
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 2026
Annual Tax Amount $1,339
Tax Year 2025
Lot Size 0.470 Acres
Acres 0.4704
Property Sub-Type Duplex
Source Florida Gulf Coast
Property Description
The additional land may also offer the exciting potential to BUILD ANOTHER DUPLEX NEXT DOOR, creating an opportunity to further maximize the property's value and future rental income, subject to zoning, permitting, and city approval.
This is a modern duplex offering an outstanding combination of space, income potential, and location. One of the property's biggest advantages is its oversized, nearly ½-acre lot that is fenced in, providing exceptional outdoor space and privacy that can be difficult to find with a duplex.
Each side features over 1,300 sq. ft. of living area with 3 bedrooms, 2 bathrooms, and a 1-car garage. Both units offer a clean, modern design with an open-concept layout, high ceilings, tile flooring, contemporary kitchens, stainless-steel appliances, ample cabinetry, walk-in closets, and beautifully finished bathrooms.
Built with Florida living in mind, the property features impact-resistant windows and doors, adding convenience, storm protection, security, and energy efficiency. The exterior is complemented by an attractive paver driveway and the spacious fenced yard.
Both units are currently occupied, providing the new owner with immediate rental income from day one. Each unit is rented for $1,900 per month, generating a combined gross rental income of approximately $3,800 per month or $45,600 annually. The property is also conveniently located near the VA healthcare facilities, with easy access to Fort Myers, shopping, dining, schools, and other everyday conveniences. Whether you're an investor looking to add a modern, income-producing duplex to your portfolio or planning for future owner occupancy, this property offers a great combination of newer construction, modern finishes, an oversized fenced lot, impact windows and doors, strong rental income, and a convenient Cape Coral location.
Location
State FL
County Lee
Area Cc31 - Cape Coral Unit 17, 31-36,
Zoning RML
Direction From Del Prado Blvd N, head east on Kismet Pkwy E. Turn right onto NE 24th Ave, then turn right onto NE 16th Terrace. Continue west on NE 16th Terrace to 2104 NE 16th Ter, Cape Coral, FL 33909. Property will be on your right.
Interior
Heating Central Electric
Cooling Ceiling Fan(s), Central Electric
Flooring Tile
Window Features Single Hung
Exterior
Exterior Feature Room for Pool, Sprinkler Auto
Community Features None, No Subdivision
Utilities Available Cable Available
Waterfront Description None
Roof Type Shingle
Porch Patio
Private Pool No
Building
Lot Description 4 Lots
Faces From Del Prado Blvd N, head east on Kismet Pkwy E. Turn right onto NE 24th Ave, then turn right onto NE 16th Terrace. Continue west on NE 16th Terrace to 2104 NE 16th Ter, Cape Coral, FL 33909. Property will be on your right.
Sewer Assessment Unpaid, Septic Tank
Water Assessment Unpaid, Well
Architectural Style Contemporary
Structure Type Concrete Block,Stucco
New Construction No
Others
Tax ID 32-43-24-C3-02219.0010
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
Pets Allowed With Approval
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026041741
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