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$545,900
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Property Description
Income producing duplex near Cape Harbour with strong short-term rental potential. Rare duplex investment opportunity in highly desirable SW Cape Coral near Cape Harbour. This fully renovated property offers exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while generating rental income from the other. The duplex consists of two spacious 2-bedroom, 2-bath units, offering approximately 2,400 total square feet of living space. Both units feature updated interiors, modern finishes, and functional layouts that appeal to both long-term tenants and short-term guests. The property has a proven income history generating over $54,000 in 2025, with one unit successfully operating as a short-term rental and the other leased long-term. With the current tenant moving out, the new owner will have the flexibility to increase rents, convert both units to short-term rentals, maintain a hybrid rental strategy, or occupy one side while renting the other. With optimized management and rental strategy, the property has the potential to generate $80,000+ annually in gross income. A rare feature for a duplex in this area, the property includes a large heated pool, oversized screened lanai ideal for entertaining, and a fenced yard area perfect for pets. Located in a quiet residential neighborhood surrounded by well-maintained homes and just minutes from Cape Harbour's marina, waterfront dining, shopping, and entertainment, the property offers strong rental demand and long-term value. Seller financing may be available with acceptable terms and sufficient down payment.
Full Property Details
Full Property Details for 5000 SW 16th Pl
General
- Price: $545,900
- Taxes: (2025)
- Status: Active
- Type: Duplex
- Source: Bonita_Springs
- MLS ID: 2026011492
- Updated: 3/17/2026
- Added to Site: 9 day(s) ago
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: None, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete, Screen Enclosure
Exterior
- Exterior Features: Automatic Sprinkler
Location
- Area: CC22 - Cape Coral Unit 69, 70, 72-
- 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, Zoned
- Heating Type: Central Electric
Utilities
- Sewer: Assessment Paid, Central
- Water: Assessment Paid, Central
- 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: 1983
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
- Street/Road Desc.: Paved
- Fence: Yes
- Irrigation System: Assessment Paid
- Lot Features: Regular
- Zoning: RD-D
- Lot Description: Regular
- Fencing (Description): Fenced
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2025
- Terms: Buyer Finance/Cash, Owner Will Carry
- Tenant Pays: Cable TV, Partial Electric
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 69 BLK 4633 PB 22 PG 47 LOTS 40 + 41
- Property ID: 16-45-23-C2-04633.0400
- Section: 16
- Block: 4633
- Lot Number: 40
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Schools
Schools serving 5000 SW 16th Pl
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 2.2 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 2.5 mi |
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 3.7 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 1.9 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.3 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 2 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.9 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 7.3 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 9.4 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 5000 SW 16th Pl
Date
Details
Price
Change
Source
3/10/2026
Listed
$545,900
9.14%
MLS
10/04/2023
Sold
$500,200
—
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 5000 SW 16th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,896
-1%
$123,269
—
2024
$1,906
-2%
$123,269
—
2023
$1,947
-52%
$123,269
-63%
2022
$4,064
-19%
$335,840
44%
2021
$5,024
—
$233,833
12%
2021
$5,024
15%
$208,320
12%
2019
$4,365
10%
$185,632
10%
2018
$3,974
—
$168,756
—
2017
$3,979
9%
$169,571
12%
2016
$3,664
4%
$151,997
6%
2015
$3,510
11%
$143,208
15%
2014
$3,162
11%
$124,651
8%
2013
$2,852
—
$114,890
—
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 5000 SW 16th Pl
4928/5000 SW 16th Pl, Cape Coral, FL 33914 (MLS# 2026011492) is a Duplex property with 4 bedrooms and 4 full bathrooms. 4928/5000 SW 16th Pl is currently listed for $545,900 and was received on March 10, 2026. Want to learn more about 4928/5000 SW 16th Pl? 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.

