2102/2104 NE 16th Terrace
Cape Coral, FL 33909
$599,000
MODERN DUPLEX ON ALMOST ½ ACRE – FENCED YARD – IMPACT WINDOWS & DOORS – GREAT INVESTMENT OPPORTUNITY!
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 ...
| Listing Id: | 2026041741 |
|---|---|
| List Price: | $599,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 4 |
| Living Area: | 2,600 |
| Association Fee: | $0 |
| Tax Annual Amount: | $1,339 |
| City: | Cape Coral |
| County Or Parish: | Lee |
| Subdivision Name: | Cape Coral |
| Postal Code: | 33909 |
| Year Built: | 2026 |
| Number Of Units Total: | 2 |
| Association Amenities: | None |
| Basement: | No |
| Bathrooms Total Integer: | 4 |
| Building Area Total: | 2,600.0 |
| Community Features: | None |
| Construction Materials: | Block, Concrete, Stucco |
| Cooling: | Central Air, Ceiling Fans, and Electric |
| Cooling?: | Yes |
| Covered Spaces: | 0.0 |
| Cumulative Days On Market: | 0 |
| Directions: | 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. |
| Disclosures: | FamilialRelation |
| Exterior Features: | IrrigationSprinklers, Patio, RoomForPool |
| Flooring: | Tile |
| Gross Scheduled Income: | $3,800 |
| Heating: | Central, Electric |
| Heating?: | Yes |
| Irrigation Source: | Well |
| Land Lease Expiration Date: | 2027-06-01 |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | AllFinancingConsidered, Cash |
| Lot Dimensions Source: | Appraiser |
| Lot Features: | MultipleLots, SprinklersAutomatic |
| Lot Size Area: | 0.4704 |
| Lot Size Dimensions: | 160 x 125 x 160 x 125 |
| Lot Size Source: | Appraiser |
| Lot Size Units: | Acres |
| Original List Price: | $599,000 |
| Parcel Number: | 32-43-24-C3-02219.0010 |
| Patio And Porch Features: | Patio |
| Pets Allowed: | Call, Conditional |
| Possession: | CloseOfEscrow |
| Postal City: | Cape Coral |
| Property Condition: | Resale |
| Public Survey Range: | 24E |
| Public Survey Section: | 32 |
| Public Survey Township: | 43 |
| Road Responsibility: | PublicMaintainedRoad |
| Roof: | Shingle |
| Sewer: | AssessmentUnpaid, SepticTank |
| State Or Province: | FL |
| Structure Type: | Duplex |
| Tax Year: | 2025 |
| Tenant Pays: | ApplicationFee, Electricity, Internet, PetDeposit, Security |
| Utilities: | Cable Available |
| Waterfront Features: | None |
| Water Source: | AssessmentUnpaid, Well |
| Window Features: | Single Hung |
| Zoning Description: | RML |
| Current Price: | $599,000.00 |
| Lot Size Acres: | 0.4704 |
| Architectural Style: | Contemporary and Duplex |
| Internet Automated Valuation Display?: | Yes |
| Internet Consumer Comment?: | Yes |
| MLS Area Major: | CC31 - Cape Coral Unit 17, 31-36, |
| Status: | Active |
| Universal Property: | US-12071-N-324324C3022190010-R-N |
| Listing Key: | 1192011016 |
| Originating System Sub Name: | FGC_FORT |
| Property Sub Type Additional: | Duplex |
| Country Subdivision: | 12071 |
| Record Signature: | -1,141,901,695 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12071:32-43-24-C3-02219.0010 |
Listing Courtesy of: Marzucco Real Estate
Listing Agent: Brandon Fajardo
239-238-0988
Mortgage Calculator
The data relating to real estate for sale displayed on this Website comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc., under License No. NPLSMLS-100139. Properties listed with brokerage firms other than Alyssa Hammel are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the M.L.S. of Naples, Inc. BR Program, or contained in the database compilation of the M.L.S. of Naples, Inc.
M.L.S. of Naples, Inc. data last updated on October 08, 2026 05:15 PM - ET.
©2026 Multiple Listing Service of Greater Fort Myers and the Beach, Inc.; All rights reserved. The data relating to real estate for sale on this web site is the copyrighted and proprietary database of the Multiple Listing Service of Greater Fort Myers and the Beach, Inc. The properties displayed may not be all of the properties in the MLS' database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than are marked with BR logo and include the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; buyers are advised to verify facts before making the decision to purchase a property. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
Multiple Listing Service of Greater Fort Myers and the Beach, Inc. data last updated on October 08, 2026 05:15 PM - ET.
The source of the foregoing property information is a database compilation of an organization that is a member of the Southwest Florida Multiple Listing Service. Each Southwest Florida Multiple Listing Service member organization owns the copyright rights in its respective proprietary database compilation, and reserves all such rights. Copyright © 2026. The foregoing information including, but not limited to, any information about the size or area of lots, structures, or living space, such as room dimensions, square footage calculations, or acreage is believed to be accurate, but is not warranted or guaranteed. This information should be independently verified before any person enters into a transaction based upon it.
Property Last Updated: October 08, 2026 05:15 PM - ET
