$650,000
Off-Market Date: 02/04/2026107 SW 16th Terrace Cape Coral, FL 33991
Pending MLS# 2026001824
8 beds 4 baths Multi-family
Details for 107 SW 16th Terrace
MLS# 2026001824
Description for 107 SW 16th Terrace, Cape Coral, FL, 33991
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, screened 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!
Listing Information
Property Type: Residential, Quadruplex
Status: Pending-Financing
Bedrooms: 8
Bathrooms: 4
Lot Size: 0.34 Acres
Year Built: 1985
Stories: 1 Story
Construction: Block,Concrete,Stucco
Subdivision: Cape Coral
Number Of Units Total: 4
County: Lee
Days On Market: 21
Construction Status: Resale
Room Information
Bathrooms
Full Baths: 4
Interior Features
Flooring: Tile,Vinyl
Doors/Windows: Single Hung
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available
Cooling: Electric, Central Air, Ceiling Fan(s)
Heating: Central, Electric
Exterior / Lot Features
Roof: Metal
Lot Dimensions: 120 x 125 x 120 x 125
Zoning: RML
Additional Exterior/Lot Features: Patio, Patio, Multiple lots, Oversized Lot
Community Features
Community Features: Non-Gated
Driving Directions
From Santa Barbara Blvd: Turn left (West) onto SW 19th St; Turn right at the 1st cross street onto SW Santa Barbara Pl; Turn left onto SW 16th Terrace. Destination will be on the right.
Financial Considerations
Terms: All Financing Considered,Cash,FHA,VA Loan
Tenant Pays: Electricity,Internet,Water
Expense: 17404
Tax/Property ID: 26-44-23-C2-03082.0370
Tax Amount: 9573
Tax Year: 2025
A broker reciprocity listing courtesy: Century 21 Selling Paradise
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Sales History & Tax Summary for 107 SW 16th Terrace
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 107 SW 16th Terrace
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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