Date
Details
Price
Change
Source
10/23/2026
Listed
$4,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$4,800,000 Just Listed
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1/20
Property Description
Unique Cape Coral Investment Opportunity. This brand new 16-unit 2 story building offers an exceptional investment opportunity. Property has tons of upgrades: 2 story concrete block building with 16 units all 2 Bed/bath, tile flooring throughout, granite countertops, stainless steel appliances, washera/dryers. Not in a flood zone, no HOA fees, close to shopping, schools and dining. Could be used as vacation rental or long term rentals. You can not build same building for this price, offered below current construction cost for quick sale. Great option for 1031 exchange.
Full Property Details
Full Property Details for 111-108 SW 16th Terrace
General
- Price: $4,800,000
- Taxes: (2025)
- Status: Active
- Type: Multi-Family
- Source: Bonita_Springs
- MLS ID: 2026044611
- Updated: 10/23/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Concrete, Tile
Rooms
Bedrooms
- Total Bedrooms: 32
Additional Information
- Shared Amenities: None, Non-Gated
Exterior
- Exterior Features: Automatic Sprinkler
Location
- Area: CC23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: GPS
Community
- Units Assoc/Comm: 16
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Quadruplex
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Impact Resistant
- Stories/Levels: 2
- Year Built: 2026
- Property Condition: New Construction
Lot Features
- Lot Size (Acres): 1.033
- Lot Size (Sq. Ft.): 44,997
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 240 x 120 x 250 x 250
- Frontage Feet: 240
- Irrigation System: Central
- Lot Features: Oversize
- Zoning: RD-D
- Lot Description: Oversize
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2025
- Terms: Buyer Finance/Cash
- Tenant Pays: Application Fee
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 62 BLK 3082 PB 21 PG 38 LOTS 14 THRU 16
Listed by Self Realty
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— 111-108 SW 16th Terrace —
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Price & Sales History for 111-108 SW 16th Terrace
Tax History
Tax History for 111-108 SW 16th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,169
—
$163,149
10%
2025
$7,169
-23%
$148,317
-43%
2024
$9,273
1%
$259,644
-12%
2023
$9,151
237%
$294,516
569%
2021
$2,715
-9%
$44,000
-32%
2022
$2,982
10%
$64,900
116%
2021
$2,715
28%
$30,000
105%
2019
$2,123
1%
$14,641
10%
2018
$2,099
4%
$13,310
-34%
2017
$2,025
-2%
$20,107
34%
2016
$2,069
3%
$15,000
50%
2015
$2,002
6%
$10,000
-3%
2014
$1,893
6%
$10,340
120%
2013
$1,785
—
$4,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111-108 SW 16th Terrace
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- Active
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- 2Total Baths
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 936Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
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Listed by Nadine Jordan (239) 309-8171
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 2,264Sq. Ft.
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111-108 SW 16th Ter, Cape Coral, FL 33991 (MLS# 2026044611) is a Multi-Family property with 1 unit containing 32 bedrooms and 0 full bathrooms. 111-108 SW 16th Ter is currently listed for $4,800,000 and was received on October 23, 2026. Want to learn more about 111-108 SW 16th Ter? Do you have questions about finding other Multi-Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.