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$745,000
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Property Description
Welcome to your dream oasis in the desirable Palaco Grande Neighborhood, located on the picturesque Rainbow Canal! This stunning, fully remodeled pool home is offered completely turnkey, nestled in the sought-after Flood Zone X500 with no flooding concerns. Remarkable sailboat access to open water. Featuring impact windows throughout, this charming residence boasts a brand-new roof, AC, flooring, kitchen with quartz countertops, bathrooms, stylish window treatments, beautiful landscaping, and recent exterior paint. Step inside to an open floor plan with stylish furniture, offering a seamless flow throughout the home. Enjoy breathtaking views of the canal right from the front door. Massive sliding doors open to the lanai, providing the perfect setting for indoor-outdoor living. Perfect for boating enthusiasts, this property includes massive pilings for a large yacht and offers sailboat access with no bridges. The great entertaining space under truss is ideal for gatherings and relaxation. Additional features include a spacious 2-car garage and an extra patio with loungers and a seating area at the dock. Enjoy the convenience of utilities being paid and a proven rental history, making it an ideal investment or vacation home. With everything included, just bring your suitcase and toothbrush. One look, and you'll be hooked. Don't miss out on this incredible opportunity!
Full Property Details
Full Property Details for 3505 SE 16th Pl
General
- Price: $745,000
- Taxes: (2023)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 224056431
- Updated: 11/28/2025
- Added to Site: 563 day(s) ago
Interior
- Interior Features: Great Room
- Appliances: Electric Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator with Icemaker, Washer
- Furnishings: Turnkey
- 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: In Garage
Additional Information
- Shared Amenities: Bike And Jog Path, Boating, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete
Exterior
- Exterior Features: Dock, Elec Avail at dock, Water Avail at Dock
- Porch/Patio/Deck: Screened Lanai/Porch, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Door Opener, Attached
Location
- Area: CC12 - Cape Coral Unit 7-15
- County: Lee
- Subdivision: PALACO GRANDE
- Building Name: PALACO GRANDE
- Driving Directions: From Del Prado Blvd., Turn East onto Palaco Grande, then turn south onto SE 16th Place.
- Direction Faces: West
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid
- Utility Description: Cable Not Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Single Hung, Impact Resistant Windows, Window Coverings
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,370
- Sq. Ft. Source: Previous Appraisal
- Living Area: 1,370 Sq. Ft.
- Year Built: 1967
Lot Features
- Property View: Canal, Landscaped Area
- 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
- Fence: Yes
- Irrigation System: Assessment Paid
- Lot Features: Regular
- Zoning: R1-W
- Lot Description: Regular
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Seawall
- Canal Width: Canal Width 81-120
- Boat Dock Slip: Yes
Financial Considerations
- Tax Year: 2023
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 12 BLK.574 PB 13 PG 54 LOTS 40 + 41
- Property ID: 05-45-24-C1-00574.0400
- Section: 5
- Block: 574
- Lot Number: 40
Listed by Florida Complete Realty
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Schools
Schools serving 3505 SE 16th Pl
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 1.4 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 2.5 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 3.6 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.8 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 3.9 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 4.5 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.8 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 4.7 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 5.5 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 3505 SE 16th Pl
Date
Details
Price
Change
Source
11/28/2025
Price Increased
$745,000
2.43%
MLS
3/26/2025
Price Reduced
$727,300
-6.64%
MLS
11/08/2024
Price Increased
$779,000
3.88%
MLS
7/03/2024
Listed
$749,900
47.04%
MLS
4/28/2023
Sold
$510,000
—
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 3505 SE 16th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,577
-19%
$427,626
-9%
2024
$8,162
-2%
$469,818
-2%
2023
$8,351
259%
$478,752
81%
2021
$2,325
—
$264,443
80%
2022
$2,326
—
$146,924
4%
2021
$2,325
4%
$140,676
4%
2018
$2,246
2%
$134,949
2%
2017
$2,203
2%
$132,173
2%
2016
$2,154
—
$129,454
-26%
2015
$2,154
-5%
$176,103
28%
2019
$2,264
6%
$137,513
-29%
2014
$2,130
6%
$194,699
9%
2013
$2,011
—
$179,201
—
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 3505 SE 16th Pl
3505 SE 16th Pl, Cape Coral, FL 33904 (MLS# 224056431) is a Single Family property with 3 bedrooms and 2 full bathrooms. 3505 SE 16th Pl is currently listed for $745,000 and was received on July 03, 2024. Want to learn more about 3505 SE 16th Pl? 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.

