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$385,000
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Property Description
Income-producing duplex in NE Cape Coral. Both units are tenant occupied, each offering 2 bedrooms and 1 bathroom. Situated on a spacious lot with ample parking. Strong rental area with consistent demand. Convenient access to shopping, dining, schools, and major roadways. No HOA.
Full Property Details
Full Property Details for 128/130 NE 16th Terrace
General
- Price: $385,000
- Taxes: (2025)
- Status: Active
- Type: Duplex
- Source: Bonita_Springs
- MLS ID: 2025026161
- Updated: 12/29/2025
- Added to Site: 20 day(s) ago
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: None, No Subdivision, Non-Gated
Exterior
- Exterior Features: None
Location
- Area: CC31 - Cape Coral Unit 17, 31-36,
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
Community
- Units Assoc/Comm: 2
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Duplex
- Structure Type: Duplex
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Other
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 80 x 80 x 125 x 125
- Frontage Feet: 80
- Road Maintenance: City Maintained
- Irrigation System: Well
- Lot Features: Regular
- Zoning: R1
- Lot Description: Regular
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Operating Expenses: $9,150
- Tax Year: 2025
- Terms: Buyer Finance/Cash
- Tenant Pays: Application Fee, Cable TV, Electricity, Internet Access, Trash Collection
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 36 PT 1 BLK 2476 PB 23 PG 88 LOTS 5 + 6
- Property ID: 36-43-23-C4-02476.0050
- Section: 36
- Block: 2476
- Lot Number: 5
Listed by Esquire Real Estate Serv.
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Price & Sales History for 128/130 NE 16th Terrace
Date
Details
Price
Change
Source
12/29/2025
Listed
$385,000
97.44%
MLS
12/03/2020
Sold
$195,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 128/130 NE 16th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,663
-5%
$173,128
-22%
2024
$2,796
22%
$222,662
54%
2023
$2,284
22%
$144,628
-8%
2022
$1,869
-33%
$157,641
47%
2021
$2,782
—
$107,572
9%
2021
$2,782
9%
$98,523
3%
2019
$2,556
-2%
$95,289
-1%
2018
$2,602
6%
$96,732
6%
2017
$2,457
9%
$91,244
14%
2016
$2,246
18%
$79,944
15%
2015
$1,900
2%
$69,401
6%
2014
$1,868
23%
$65,504
22%
2013
$1,517
—
$53,598
—
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 128/130 NE 16th Terrace
128/130 NE 16th Ter, Cape Coral, FL 33909 (MLS# 2025026161) is a Duplex property with 4 bedrooms and 2 full bathrooms. 128/130 NE 16th Ter is currently listed for $385,000 and was received on December 29, 2025. Want to learn more about 128/130 NE 16th Ter? Do you have questions about finding other Duplex 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.

