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$499,500
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Property Description
Rare fully renovated duplex with a heated pool just minutes from Cape Harbour-now offered at an exceptional new price of $499,700. This income-producing property offers a proven vacation rental history with over $59,000 in gross rental income and is located in one of Southwest Cape Coral's most desirable neighborhoods, just minutes from waterfront dining, shopping, entertainment, marina access, and boating. The property features two spacious 2-bedroom, 2-bath residences totaling 2,400 square feet, providing exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while the other helps offset the mortgage. One furnished unit has an established turnkey vacation rental history, while the second unit is becoming available, giving the next owner the opportunity to increase rental income, expand the vacation rental program, continue a hybrid rental strategy, or occupy one side. A truly rare feature for a duplex, the property includes a large heated pool, oversized screened lanai, and private fenced yard-amenities that attract both vacation guests and long-term tenants. With the long-term tenant vacating, the new owner has immediate flexibility to maximize income potential while benefiting from an established rental history. Whether you're expanding your investment portfolio, searching for a seasonal home with income potential, or looking to house hack by living in one unit and renting the other, this property offers exceptional versatility. Investment opportunities combining this location, flexibility, proven rental income, and a private heated pool rarely become available in Southwest Cape Coral-especially at this price.
Full Property Details
Full Property Details for 5000 SW 16th Pl
General
- Price: $499,500
- Taxes: (2025)
- Status: Active
- Type: Duplex
- Source: Bonita_Springs
- MLS ID: 2026011492
- Updated: 8/5/2026
- Added to Site: 156 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
- 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
Listed by RE/MAX Trend
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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
8/05/2026
Price Reduced
$499,500
-9.18%
MLS
8/02/2026
Price Increased
$550,000
10.07%
MLS
7/08/2026
Price Reduced
$499,700
-4.98%
MLS
6/22/2026
Price Reduced
$525,900
-1.87%
MLS
5/15/2026
Price Reduced
$535,900
-1.83%
MLS
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
$3,552
—
$418,196
239%
2025
$3,552
86%
$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 $499,500 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.

