4928/5000 SW 16th PL Cape Coral, FL 33914
4 Beds
4 Baths
10,018 Sqft Lot
Open House
Sun Aug 23, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2026011492
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1983
Annual Tax Amount $3,552
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Duplex
Source Florida Gulf Coast
Property Description
The property features two spacious 2-bedroom, 2-bath residences totaling 2,400 square feet, providing exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while the other helps offset the mortgage. One furnished unit has an established turnkey vacation rental history, while the second unit is becoming available, giving the next owner the opportunity to increase rental income, expand the vacation rental program, continue a hybrid rental strategy, or occupy one side.
A truly rare feature for a duplex, the property includes a large heated pool, oversized screened lanai, and private fenced yard—amenities that attract both vacation guests and long-term tenants. With the long-term tenant vacating, the new owner has immediate flexibility to maximize income potential while benefiting from an established rental history.
Whether you're expanding your investment portfolio, searching for a seasonal home with income potential, or looking to house hack by living in one unit and renting the other, this property offers exceptional versatility. Investment opportunities combining this location, flexibility, proven rental income, and a private heated pool rarely become available in Southwest Cape Coral—especially at this price.
Location
State FL
County Lee
Area Cc22 - Cape Coral Unit 69, 70, 72-
Zoning RD-D
Interior
Heating Central Electric
Cooling Ceiling Fan(s), Central Electric, Zoned
Flooring Tile
Window Features Single Hung
Exterior
Exterior Feature Sprinkler Auto
Fence Fenced
Pool In Ground, Concrete, Screen Enclosure
Community Features None, Non-Gated
Utilities Available Cable Available
Waterfront Description None
Roof Type Shingle
Street Surface Paved
Private Pool Yes
Building
Lot Description Regular
Sewer Assessment Paid, Central
Water Assessment Paid, Central
Structure Type Concrete Block,Stucco
New Construction No
Others
Tax ID 16-45-23-C2-04633.0400
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
Pets Allowed No Approval Needed
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026011492