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$220,000 -$2,000 (-0.9%) Price Reduced
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Property Description
*INVESTOR SPECIAL - MAJOR TLC REQUIRED - NOT FOR THE FAINT OF HEART* Attention cash buyers and seasoned investors: This NE Cape Coral 3BR/2BA home is a full project property with serious upside for the right buyer. Roof was replaced in 2023 and the kitchen has granite counters, but make no mistake - this home needs extensive work. Expect to replace the A/C unit, water heater, water softening system, and interior paint at minimum, with additional unknown repairs likely. Split floor plan and large, regular-shaped yard with pool potential remain, and the lot is fully fenced. This is NOT move-in ready and NOT suited for first-time or light-hearted buyers. Priced accordingly for investors who understand rehab costs and see the rental or flip potential. *SUBJECT TO SHORT SALE APPROVAL.*
Full Property Details
Full Property Details for 2123 NE 16th Terrace
General
- Price: $220,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 226019915
- Updated: 8/2/2026
- Added to Site: 50 day(s) ago
Rental Information
- Lease/Rent Term: 1
- Min. Lease (Days): 1
Interior
- Interior Features: Split Bedrooms, Other
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Dining Room: Breakfast Bar, Dining - Family
- Laundry: Inside
Additional Information
- Shared Amenities: None, Non-Gated
Exterior
- Exterior Features: Room for Pool
- Porch/Patio/Deck: Screened Lanai/Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 4
- Parking Features: 2+ Spaces, Driveway Paved, Garage Door Opener, Attached, Attached Carport
Location
- Area: CC31 - Cape Coral Unit 17, 31-36,
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: Take Diplomat Pkwy E turn on NE 22pl then turn on NE 16th Ter
- Direction Faces: South
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric, Other, Window Unit(s)
- Heating Type: Central Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Cable Not Available
Structural Information
- Architectural Style: Traditional
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Double Hung, Shutters - Manual
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,257
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 1,257 Sq. Ft.
- Year Built: 2003
Lot Features
- Property View: Landscaped Area
- Lot Size (Acres): 0.229
- Lot Size (Sq. Ft.): 9,975
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 138 x 101 x 103 x 103
- Frontage: Public Road
- Frontage Feet: 138
- Road Maintenance: City Maintained
- Irrigation System: Well
- Lot Features: Regular
- Zoning: RML
- Lot Description: Regular
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Ownership: Single Family
- Special Conditions: Short Sale
- Legal Description: CAPE CORAL UNIT 33 BLK 2218 PB 16 PG 44 LOTS 36 + 37
- Property ID: 32-43-24-C3-02218.0360
- Section: 32
- Block: 2218
- Lot Number: 36
Listed by Vylla Home
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Schools
Schools serving 2123 NE 16th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903 | K-5 | 1.2 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 1.3 mi |
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903 | K-5 | 1.6 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 1.3 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 2.9 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 2 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 3 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 4.9 mi |
Hancock Creek Elementary School 1601 Skyline Drive, North Fort Myers, FL 33903 | K-5 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2123 NE 16th Terrace
Date
Details
Price
Change
Source
8/02/2026
Price Reduced
$220,000
-0.9%
MLS
6/15/2026
Listed
$222,000
-26%
MLS
2/28/2022
Sold
$300,000
—
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 2123 NE 16th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,626
—
$214,031
2%
2025
$3,626
3%
$209,714
-1%
2024
$3,531
4%
$211,538
3%
2023
$3,400
60%
$205,377
49%
2021
$2,119
-1%
$138,014
3%
2022
$2,131
1%
$133,738
4%
2021
$2,119
3%
$128,050
2%
2019
$2,051
46%
$125,171
41%
2018
$1,401
1%
$88,973
2%
2017
$1,382
5%
$87,143
2%
2016
$1,322
2%
$85,351
-5%
2015
$1,301
8%
$89,809
9%
2014
$1,207
-26%
$82,510
15%
2013
$1,629
—
$71,588
—
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 2123 NE 16th Terrace
2123 NE 16th Ter, Cape Coral, FL 33909 (MLS# 226019915) is a Single Family property with 3 bedrooms and 2 full bathrooms. 2123 NE 16th Ter is currently listed for $220,000 and was received on June 15, 2026. Want to learn more about 2123 NE 16th Ter? Do you have questions about finding other Single 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.

