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1302-1304 NE 16th Terrace, Cape Coral, FL 33909

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For Sale

$524,999

6 beds • 4 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 11-20 Years Old
    Age

Explore this Property

Investor's dream! This centrally located duplex offers an incredible opportunity with reliable rental income. Each unit features 2 bedrooms plus a den, a one-car garage, tile flooring throughout, open-concept living, in-unit laundry, a screened porch, and a convenient 10x12 concrete slab in the backyard. Freshly painted inside, the property is well-maintained and thoughtfully upgraded with a new roof (2023), new dishwasher, oven, water softener, water heater, and regular pest control service. Situated near Del Prado Blvd and Diplomat Avenue, it s perfectly positioned close to restaurants, shopping centers, and more while offering a quiet retreat away from busy streets. Currently, one unit rents for $1,995/month and the other for $1,947/month, totaling $3,942 monthly income. Tenants are reliable, pay on time, and wish to stay, making this a truly hassle-free and profitable investment. Don t miss this excellent opportunity!
MLS# 224077318

Courtesy Of Starlink Realty

(239) 693-7263

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Dock, Cable Ready
  • Architecture Style
    Other
  • Exterior Type
    Block, Concrete, Stucco
  • Floor Covering
    Tile
  • Heating System
    Central Furnace
  • Lot Size
    0.25 Acres

Map and Directions

Directions to 1302-1304 NE 16th Terrace, Cape Coral, FL 33909

Home seller CENTURY 21 Selling Paradise

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Selling Paradise

(239) 542-5777
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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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