FL > Cape Coral > Cape Coral
Cape Coral, FL 33909,1302-1304 NE 16th TER
Cape Coral, FL 33909,1302-1304 NE 16th TER
Cape Coral, FL 33909,1302-1304 NE 16th TER
38
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$434,999
Est. payment /mo
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6 Beds
4 Baths
0.25 Acres Lot
Active

1302-1304 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 2025010928

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 2006

Annual Tax Amount $9,890

Tax Year 2024

Lot Size 0.255 Acres

Acres 0.255

Property Sub-Type Duplex

Source Florida Gulf Coast

Property Description

Investor's Dream! This well-maintained duplex is a rare find, offering strong cash flow and long-term stability. Each spacious unit features 2 bedrooms + den, 2 baths, vaulted ceilings, open-concept living, tile flooring throughout, private laundry, and a 1-car garage. Tenants also enjoy screened porches and a 10x12 backyard concrete pad for outdoor living. Recent upgrades deliver peace of mind: new roof (2023), updated kitchen appliances and water heater in Unit 1302, new water softener, and fresh interior paint in Unit 1304. The property has city water/sewer with partial assessments already reflected in 2024 taxes, with balance carried in annual tax bill. Perfectly located near Del Prado Blvd and Pine Island Road, residents benefit from quick access to restaurants, shopping, and services while still enjoying a quiet neighborhood setting.

One unit is rented to reliable, long-term tenant through June 2026 at $1,899/month. The other side is ready for tenants to move-in —ideal for owner-occupant or to rent at today's market rate. With dependable income and key capital expenditures already handled, this property is ready to perform from day one. Don't miss this exceptional opportunity to secure a profitable, low-maintenance duplex in the heart of Cape Coral!

Location

State FL

County Lee

Area Cc31 - Cape Coral Unit 17, 31-36,

Zoning R3-D

Direction GPS

Interior

Heating Central Electric

Cooling Ceiling Fan(s), Central Electric

Flooring Tile

Window Features Single Hung

Appliance Water Softener

Exterior

Community Features Playground, Street Lights, No Subdivision, Non-Gated

Utilities Available Cable Available

Waterfront Description None

Roof Type Shingle

Private Pool No

Building

Lot Description Corner Lot, Regular

Faces GPS

Sewer Assessment Unpaid

Water Assessment Unpaid, Well

Structure Type Concrete Block,Stucco

New Construction No

Others

Tax ID 31-43-24-C3-02116.0010

Acceptable Financing Assumable, Buyer Finance/Cash, FHA, VA Loan

Listing Terms Assumable, Buyer Finance/Cash, FHA, VA Loan

Pets Allowed No Approval Needed

Listed by Sharma & Sharma Realty Inc • Nilesh Sharma

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RealEZtate Pros

RealEZtate Pros

+1(480) 420-9486

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1302-1304 NE 16th TER

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