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$434,999

  • For Sale
  • Active
  • Duplex
  • 6 Beds
  • 4 Full Baths
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Investor's Dream! This well-maintained duplex is a rare find, offering strong cash flow and long-term stability. Each spacious unit features 2 bedrooms + den, 2 baths, vaulted ceilings, open-concept living, tile flooring throughout, private laundry, and a 1-car garage. Tenants also enjoy screened porches and a 10x12 backyard concrete pad for outdoor living. Recent upgrades deliver peace of mind: new roof (2023), updated kitchen appliances and water heater in Unit 1302, new water softener, and fresh interior paint in Unit 1304. The property has city water/sewer with partial assessments already reflected in 2024 taxes, with balance carried in annual tax bill. Perfectly located near Del Prado Blvd and Pine Island Road, residents benefit from quick access to restaurants, shopping, and services while still enjoying a quiet neighborhood setting. One unit is rented to reliable, long-term tenant through June 2026 at $1,899/month. The other side is ready for tenants to move-in -ideal for owner-occupant or to rent at today's market rate. With dependable income and key capital expenditures already handled, this property is ready to perform from day one. Don't miss this exceptional opportunity to secure a profitable, low-maintenance duplex in the heart of Cape Coral!

Full Property Details for 1304 NE 16th Terrace

General

  • Price: $434,999
  • Taxes: (2024)
  • Status: Active
  • Type: Duplex
  • Source: Bonita_Springs
  • MLS ID: 2025010928
  • Updated: 12/10/2025
  • Added to Site: 117 day(s) ago

Interior

  • Appliances: Water Softener
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Shared Amenities: Playground, Street Lights, No Subdivision, Non-Gated

Location

  • Area: CC31 - Cape Coral Unit 17, 31-36,
  • County: Lee
  • Subdivision: CAPE CORAL
  • Building Name: CAPE CORAL
  • Driving Directions: GPS

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: Assessment Unpaid
  • Water: Assessment Unpaid, Well
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Duplex
  • Structure Type: Duplex
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Shingle
  • Windows: Single Hung
  • Year Built: 2006

Lot Features

  • Lot Size (Acres): 0.255
  • Lot Size (Sq. Ft.): 11,107
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 81 x 90 x 104 x 125
  • Frontage Feet: 81
  • Irrigation System: Assessment Unpaid, See Remarks
  • Lot Features: Corner Lot, Regular
  • Zoning: R3-D
  • Lot Description: Corner Lot, Regular

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Operating Expenses: $5,000
  • Tax Year: 2024
  • Terms: Assumable, Buyer Finance/Cash, FHA, VA Loan
  • Tenant Pays: Application Fee, Cleaning Fee, Electricity, Internet Access, Grounds Care, Pet Deposit, Water System Maint

Disclosures and Reports

  • Legal Description: CAPE CORAL UNIT 32 BLK.2116 PB 16 PG 4 LOTS 1 + 2
  • Property ID: 31-43-24-C3-02116.0010
  • Section: 31
  • Block: 2116
  • Lot Number: 1 + 2

Listed by Sharma & Sharma Realty Inc

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Listing agent

— 1304 NE 16th Terrace —

  • Sharma & Sharma Realty Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1304 NE 16th Terrace

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Diplomat Elementary School
1115 Northeast 16th Terrace, Cape Coral, FL 33909
K-50.2 mi
Dr Carrie D Robinson Littleton Elementary School
700 Hutto Road, North Fort Myers, FL 33903
K-52.1 mi
Tropic Isles Elementary School
5145 Orange Grove Boulevard, North Fort Myers, FL 33903
K-52.3 mi
Diplomat Middle School
1039 Northeast 16th Terrace, Cape Coral, FL 33909
6-80.2 mi
Caloosa Middle School
610 Del Prado Boulevard South, Cape Coral, FL 33990
6-82.7 mi
Mariner Middle School
425 Chiquita Boulevard North, Cape Coral, FL 33993
6-84 mi
North Fort Myers High School
5000 Orange Grove Boulevard, North Fort Myers, FL 33903
9-122.8 mi
Island Coast High School
2125 De Navarra Parkway, Cape Coral, FL 33909
9-123.2 mi
Mariner High School
701 Chiquita Boulevard North, Cape Coral, FL 33993
9-123.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1304 NE 16th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/23/2025
Listed
$434,999
2.35%
MLS
5/12/2023
Sold
$425,000
—
Public Record
Get Price Alerts and Save Property
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 for 1304 NE 16th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,000
13%
$342,130
19%
2024
$4,444
20%
$287,404
15%
2023
$3,704
14%
$249,072
-18%
2022
$3,259
-25%
$303,891
47%
2021
$4,335
—
$206,826
7%
2021
$4,335
15%
$192,984
37%
2018
$3,780
6%
$140,908
-20%
2017
$3,554
-9%
$176,045
14%
2019
$3,886
20%
$154,999
1%
2016
$3,247
9%
$152,938
16%
2015
$2,966
9%
$131,599
14%
2014
$2,721
15%
$115,001
17%
2013
$2,362
—
$98,421
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Sharma & Sharma Realty Inc

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1302-1304 NE 16th Ter, Cape Coral, FL 33909 (MLS# 2025010928) is a Duplex property with 6 bedrooms and 4 full bathrooms. 1302-1304 NE 16th Ter is currently listed for $434,999 and was received on September 23, 2025. Want to learn more about 1302-1304 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.

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