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Property view

107 SW 16th Terrace, 
Cape Coral, FL 33991

$600,000


8

Beds


4

Baths


3,512

Sq Ft


Multi-Family

Sold

Listed by

Michelle Distefano

Bought with Royal Shell Real Estate, Inc.

Century 21 Selling Paradise

MLS#

2026001824

Source:

FL GFMB

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About This Home

107 SW 16th Terrace

Great investment opportunity with this 4PLEX in a prime Cape Coral location. This income-producing 4-unit multifamily property offers steady cash flow and immediate rental appeal. Each spacious 2-bedroom, 1-bath unit features a living and dining area, kitchen, tile flooring throughout, private lanai, and inside laundry hookups. Recent capital improvements include 4 new A/C Units (2021-2022), 4 new Water Heaters (2020, 2024, 2025, 2025), re-plumb, and a metal roof with third nail added in 2021.Two units have refreshed kitchens and bathrooms, adding modern appeal for tenants. No flood insurance required. A solid addition to any investor’s portfolio, offering turnkey income and long-term appreciation potential!

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1985

Subdivision & Development:

CAPE CORAL

Price Summary

650,000

$185 per Sq. Ft.

MLS #:

2026001824

Sold:

June 2, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,512 Sq. Ft.


Structure

Structure

Architectural Style:

One Story, Ranch

Building Area:

3,512 Sq. Ft.

Year Built:

1985


Lot

Lot Size (Sq. Ft):

14,984


Finances & Disclosures

Finances

Price:

$650,000

Price per Sq. Ft:

$185 per Sq. Ft.

Source:FL GFMB
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.