$545,900
4928/5000 SW 16th Place Cape Coral, FL 33914
For Sale MLS# 2026011492
4 beds 4 baths Multi-family
Details for 4928/5000 SW 16th Place
MLS# 2026011492
Description for 4928/5000 SW 16th Place, Cape Coral, FL, 33914
Income producing duplex near Cape Harbour with strong short-term rental potential. Rare duplex investment opportunity in highly desirable SW Cape Coral near Cape Harbour. This fully renovated property offers exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while generating rental income from the other. The duplex consists of two spacious 2-bedroom, 2-bath units, offering approximately 2,400 total square feet of living space. Both units feature updated interiors, modern finishes, and functional layouts that appeal to both long-term tenants and short-term guests. The property has a proven income history generating over $54,000 in 2025, with one unit successfully operating as a short-term rental and the other leased long-term. With the current tenant moving out, the new owner will have the flexibility to increase rents, convert both units to short-term rentals, maintain a hybrid rental strategy, or occupy one side while renting the other. With optimized management and rental strategy, the property has the potential to generate $80,000+ annually in gross income. A rare feature for a duplex in this area, the property includes a large heated pool, oversized screened lanai ideal for entertaining, and a fenced yard area perfect for pets. Located in a quiet residential neighborhood surrounded by well-maintained homes and just minutes from Cape Harbour’s marina, waterfront dining, shopping, and entertainment, the property offers strong rental demand and long-term value.
Listing Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 4
Bathrooms: 4
Lot Size: 0.23 Acres
Year Built: 1983
Construction: Block,Concrete,Stucco
Subdivision: Cape Coral
Number Of Units Total: 2
County: Lee
Days On Market: 10
Construction Status: Resale
Room Information
Bathrooms
Full Baths: 4
Interior Features
Flooring: Tile
Doors/Windows: Single Hung
Utilities
Water: Assessment Paid, Public
Sewer: Assessment Paid, Public Sewer
Other Utilities: Cable Available
Cooling: Ceiling Fan(s), Electric, Central Air, Zoned
Heating: Electric, Central
Exterior / Lot Features
Roof: Shingle
Pool: Concrete, In Ground, Screen Enclosure
Lot Dimensions: 80 x 125 x 80 x 125
Zoning: RD-D
Additional Exterior/Lot Features: Fence, Sprinkler/Irrigation, Rectangular Lot, Sprinklers Automatic
Community Features
Community Features: Non-Gated
Financial Considerations
Terms: All Financing Considered,Cash
Tenant Pays: Cable TV,Electricity
Tax/Property ID: 16-45-23-C2-04633.0400
Tax Amount: 3552.49
Tax Year: 2025
A broker reciprocity listing courtesy: RE/MAX Trend
Based on information provided by FGCMLS. Internet Data Exchange information is provided exclusively for consumers’ personal, non-commercial use, and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed to be accurate by Edina Realty, Inc., or by the MLS. Edina Realty, Inc., is not a multiple listing service (MLS), nor does it offer MLS access.
Copyright 2026 FGCMLS. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 4928/5000 SW 16th Place
Sales History
| Date | Price | |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 4928/5000 SW 16th Place
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
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.
Coming soon properties will soon be on the market, but are not yet available for showings.