111 SW 16th TER, Cape Coral, FL 33991
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111 SW 16th TER, Cape Coral, FL 33991
111 SW 16th TER, Cape Coral, FL 33991
111 SW 16th TER, Cape Coral, FL 33991
111 SW 16th TER, Cape Coral, FL 33991
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Eric Degelau

Eric Degelau

+1(239) 351-5556
$ 4,800,000
Est. payment /mo
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111 SW 16th TER Cape Coral, FL 33991

17,896 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 17,896 sqft

Price per Sqft $268

MLS Listing ID 2026043268

Style Low Rise

Construction Status New Construction

HOA Y/N No

Year Built 2026

Annual Tax Amount $7,168

Tax Year 2025

Lot Size 1.033 Acres

Acres 1.033

Property Sub-Type Multi Family

Property Description

Unique Cape Coral Investment Opportunity. This brand new 16-unit 2 story building offers an exceptional investment opportunity. Property has tons of upgrades: 2 story concrete block building with 16 units all 2 Bed/bath, tile flooring throughout, granite countertops, stainless steel appliances. Not in a flood zone, no HOA fees, close to shopping, schools and dining. Could be used as vacation rental or long term rentals. You can not build same building for this price, offered below current construction cost for quick sale. Great option for 1031 exchange.

Location

State FL

County Lee

Area Cc23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68

Interior

Furnishings Furnished

Fireplace No

Exterior

Utilities Available Electricity Available, Sewer Available, Trash Collection, Water Available

Waterfront Description None

Garage No

Building

Story 2

Architectural Style Low Rise

New Construction Yes

Construction Status New Construction

Others

Senior Community No

Tax ID 26-44-23-C2-03082.0140

Security Features Fire Sprinkler System

Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026043268

Listed by Self Realty • Otis Jonuskis
Eric Degelau

Eric Degelau

Team Leader License ID: 3508369

+1(239) 351-5556

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111 SW 16th TER