$434,999

Located in Cape Coral, Cape Coral, 1302-1304 Ne 16th Ter (MLS®# 2025010928) is a gorgeous Duplex Residential Income property. It features 6 bedrooms, 4 bathrooms with 0.26 acres of lot.

This Property was originally built in 2006. It is currently listed for $434,999.

Investor’s Dream! This well-maintained duplex is a rare find, offering strong cash flow and long-term stability. Each spacious unit features 2 bedrooms + den, 2 baths, vaulted ceilings, open-concept living, tile flooring throughout, private laundry, and a 1-car garage. Tenants also enjoy screened porches and a 10x12 backyard concrete pad for outdoor living. Recent upgrades deliver peace of mind: new roof (2023), updated kitchen appliances and water heater in Unit 1302, new water softener, and fresh interior paint in Unit 1304. The property has city water/sewer with partial assessments already reflected in 2024 taxes, with balance carried in annual tax bill. Perfectly located near Del Prado Blvd and Pine Island Road, residents benefit from quick access to restaurants, shopping, and services while still enjoying a quiet neighborhood setting. One unit is rented to reliable, long-term tenant through June 2026 at $1,899/month. The other side is ready for tenants to move-in —ideal for owner-occupant or to rent at today’s market rate. With dependable income and key capital expenditures already handled, this property is ready to perform from day one. Don’t miss this exceptional opportunity to secure a profitable, low-maintenance duplex in the heart of Cape Coral!

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