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

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$489,000

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

bedrooms

bathrooms

square feet

Acreage

0.255

Open Houses

year built

2006

Full Baths

Half Baths

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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!

Location
Subdivision	Cape Coral
County	Lee
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 224077318

Listing agent: Laura Ariza #629061851

Listing broker: Starlink Realty (239) 693-7263

Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, January 28 2025 at 6:11 p.m. EST

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