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$545,900
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Property Description
This rare duplex presents the potential to generate over $80,000 annually if both sides are operated as short-term rentals, subject to market conditions, management strategy, and owner execution, making it a true unicorn opportunity in one of the most desirable areas of SW Cape Coral. The property has a proven income history, generating over $54,000 in 2025, with approximately $39,000 produced by one side operating as a successful short-term rental and the remaining income generated from the other side as a long-term rental. The long-term tenant is moving out, providing immediate flexibility for a new owner to increase rents, convert the unit to an additional short-term rental, owner-occupy one side, or fully optimize income across both units. This property is considered a unicorn not only for its income flexibility and proximity to Cape Harbour's amenities and marina, but also because it features a large heated pool, a huge screened-in lanai ideal for entertaining, and a fenced yard area located behind the lanai that is perfect for pets, a combination rarely found with duplex properties in this location. Both sides of the duplex have been recently fully renovated, offering modern finishes, updated interiors, and strong appeal to both short-term guests and long-term tenants. Additional upside exists through improved management, pricing strategy, marketing exposure, and rental vacancy optimization, providing room to further enhance performance beyond historical results. The duplex is located in a quiet, high-end residential neighborhood surrounded by well-maintained and higher-value homes, creating a refined setting that attracts quality renters while maintaining a peaceful atmosphere. Each unit offers comfortable and functional living spaces that support strong occupancy and consistent demand. The ability to blend short-term and long-term rental strategies allows an owner to balance cash flow, risk, and lifestyle in a way few properties can offer. Whether the goal is maximizing income, transitioning to a full short-term rental model, maintaining a hybrid approach, or living in one unit while renting the other, this property delivers unmatched optionality. Seller financing may be available with a sufficient down payment. Its close proximity to Cape Harbour's marina, waterfront dining, shopping, and entertainment further enhances rental appeal and long-term value, making opportunities like this exceptionally rare in Cape Coral.
Full Property Details
Full Property Details for 5000 SW 16th Pl
General
- Price: $545,900
- Taxes: (2024)
- Status: Active
- Type: Duplex
- Source: Bonita_Springs
- MLS ID: 2025011323
- Updated: 1/19/2026
- Added to Site: 165 day(s) ago
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Pool, No Subdivision
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete
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: Central Electric, Zoned
- Heating Type: Central Electric
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid
- 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
- Frontage: Public Road
- 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: 2024
- Terms: Buyer Finance/Cash, FHA, Owner Will Carry, VA Loan
- 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 |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.5 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 |
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 5000 SW 16th Pl
Date
Details
Price
Change
Source
1/19/2026
Price Reduced
$545,900
-0.75%
MLS
12/03/2025
Price Reduced
$549,999
-6.78%
MLS
11/08/2025
Price Reduced
$589,999
-1.67%
MLS
9/19/2025
Listed
$599,999
—
MLS
Disclaimer: Historical sales 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
5000 SW 16th Pl, Cape Coral, FL 33914 (MLS# 2025011323) is a Duplex property with 4 bedrooms and 4 full bathrooms. 5000 SW 16th Pl is currently listed for $545,900 and was received on September 19, 2025. Want to learn more about 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.

