107 SW 16th Terrace Cape Coral, FL 33991
Listing Courtesy of: FLORIDA GULF COAST MLS / Century 21 Selling Paradise / Michelle DiStefano

  107 SW 16th Terrace Cape Coral, FL 33991

Active (108 Days)
$650,000 (USD)
8
BED
4
BATH
3,512
SQFT

Description

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!

MLS #:
2026001824
Taxes
$9,573(2025)
Lot Size
0.34 acres
Type
Multifamily
Year Built
1985
Style
Ranch, One Story
County
Lee County
Community
Cape Coral

Listed By

Michelle DiStefano, Century 21 Selling Paradise
Source
FLORIDA GULF COAST MLS
Last checked May 2 2026 at 9:19 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Windows: Single Hung
Subdivision
  • Cape Coral
Lot Information
  • Oversized Lot
Heating and Cooling
  • Central
  • Electric
  • Central Air
  • Ceiling Fan(s)
Flooring
  • Vinyl
  • Tile
Exterior Features
  • Roof: Metal
Utility Information
  • Utilities: Water Source: Public, Cable Available
  • Sewer: Public Sewer
Stories
  • 1
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Disclaimer: Copyright 2026 Florida Gulf Coast MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/2/26 14:19