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Property Description
MODERN DUPLEX ON ALMOST ½ ACRE - FENCED YARD - IMPACT WINDOWS & DOORS - GREAT INVESTMENT OPPORTUNITY! The additional land may also offer the exciting potential to BUILD ANOTHER DUPLEX NEXT DOOR, creating an opportunity to further maximize the property's value and future rental income, subject to zoning, permitting, and city approval. This is a modern duplex offering an outstanding combination of space, income potential, and location. One of the property's biggest advantages is its oversized, nearly ½-acre lot that is fenced in, providing exceptional outdoor space and privacy that can be difficult to find with a duplex. Each side features over 1,300 sq. ft. of living area with 3 bedrooms, 2 bathrooms, and a 1-car garage. Both units offer a clean, modern design with an open-concept layout, high ceilings, tile flooring, contemporary kitchens, stainless-steel appliances, ample cabinetry, walk-in closets, and beautifully finished bathrooms. Built with Florida living in mind, the property features impact-resistant windows and doors, adding convenience, storm protection, security, and energy efficiency. The exterior is complemented by an attractive paver driveway and the spacious fenced yard. Both units are currently occupied, providing the new owner with immediate rental income from day one. Each unit is rented for $1,900 per month, generating a combined gross rental income of approximately $3,800 per month or $45,600 annually. The property is also conveniently located near the VA healthcare facilities, with easy access to Fort Myers, shopping, dining, schools, and other everyday conveniences. Whether you're an investor looking to add a modern, income-producing duplex to your portfolio or planning for future owner occupancy, this property offers a great combination of newer construction, modern finishes, an oversized fenced lot, impact windows and doors, strong rental income, and a convenient Cape Coral location.
Full Property Details
Full Property Details for 2102/2104 NE 16th Terrace
General
- Price: $599,000
- Taxes: $1,339 (2025)
- Status: Active
- Type: Duplex
- Source: Bonita_Springs
- MLS ID: 2026041741
- Updated: 10/6/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Shared Amenities: None, No Subdivision
Exterior
- Exterior Features: Room for Pool, Automatic Sprinkler
- Porch/Patio/Deck: Patio
Location
- Area: CC31 - Cape Coral Unit 17, 31-36,
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: From Del Prado Blvd N, head east on Kismet Pkwy E. Turn right onto NE 24th Ave, then turn right onto NE 16th Terrace. Continue west on NE 16th Terrace to 2104 NE 16th Ter, Cape Coral, FL 33909. Property will be on your right.
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, Septic Tank
- Water: Assessment Unpaid, Well
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: Contemporary
- Description/Design: Duplex
- Structure Type: Duplex
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Single Hung
- Year Built: 2026
Lot Features
- Lot Size (Acres): 0.4704
- Lot Size (Sq. Ft.): 20,490
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 160 x 160 x 125 x 125
- Frontage: Access Road, Public Road
- Frontage Feet: 160
- Irrigation System: Well
- Lot Features: 4 Lots
- Zoning: RML
- Lot Description: 4 Lots
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Amount: $1,339
- Tax Year: 2025
- Terms: Buyer Finance/Cash
- Tenant Pays: Application Fee, Electricity, Internet Access, Pet Deposit, Security
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: CAPE CORAL UNIT 33 BLK.2219 PB 16 PG 43 LOTS 1 + 2
- Property ID: 32-43-24-C3-02219.0010
- Section: 32
- Block: 2219
- Lot Number: 1
Listed by Marzucco Real Estate
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Price & Sales History for 2102/2104 NE 16th Terrace
Date
Details
Price
Change
Source
10/06/2026
Listed
$599,000
648.75%
MLS
9/03/2021
Sold
$80,000
—
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 2102/2104 NE 16th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,301
—
$41,586
-5%
2025
$1,301
65%
$43,602
-15%
2024
$789
—
$51,418
-9%
2023
$787
11%
$56,796
170%
2022
$710
40%
$21,000
131%
2021
$508
9%
$9,100
43%
2018
$465
12%
$6,378
-38%
2017
$416
13%
$10,336
46%
2016
$369
-22%
$7,100
1%
2019
$473
41%
$7,016
8%
2015
$336
22%
$6,500
10%
2014
$276
39%
$5,922
32%
2013
$199
—
$4,500
—
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 2102/2104 NE 16th Terrace
2102/2104 NE 16th Ter, Cape Coral, FL 33909 (MLS# 2026041741) is a Duplex property with 6 bedrooms and 4 full bathrooms. 2102/2104 NE 16th Ter is currently listed for $599,000 and was received on October 06, 2026. Want to learn more about 2102/2104 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.

