2123 NE 16th Terrace
Cape Coral, FL 33909
3
Bed
2
Bath
1,257Sqft
0.23Acre(Lot)
*INVESTOR SPECIAL – MAJOR TLC REQUIRED – NOT FOR THE FAINT OF HEART* Attention cash buyers and seasoned investors: This NE Cape Coral 3BR/2BA home is a full project property with serious upside for the right buyer. Roof was replaced in 2023 and the kitchen has granite counters, but make no mistake — this home needs extensive work. Expect to replace the A/C unit, water heater, water softening system, and interior paint at minimum, with additional unknown repairs likely. Split floor plan and large, regular-shaped yard with pool potential remain, and the lot is fully fenced. This is NOT move-in ready and NOT suited for first-time or light-hearted buyers. Priced accordingly for investors who understand rehab costs and see the rental or flip potential. *SUBJECT TO SHORT SALE APPROVAL.*
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Roofing Information
ShingleFlooring Information
Tile -
Interior Features
BreakfastBar, BedroomOnMainLevel, FamilyDiningRoom, LivingDiningRoom, Other, ShowerOnly, SeparateShower, SplitBedroomsRoof: ShingleAppliances: Dryer, Dishwasher, Range, Refrigerator, WasherLaundry Features: InsideWindow Features: DoubleHung -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric, Other, WindowUnits
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Building Information
Year Built: 2003Building Area Total: 1691Construction Materials: Block, Concrete, StuccoStories: 1Patio And Porch Features: Lanai, Porch, ScreenedPrivate Pool: NoWater front Features: NoneView: Landscaped -
Exterior Features
Exterior Features: RoomForPool, ShuttersManual
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Lot Information
Lot Dimensions: 138 x 103 x 101 x 103 Main Square Feet: 0.229 Lot Size Acres: 0.229 Lot Size Source: Appraiser Lot Description: RectangularLotProperty Information
Subdivision: CAPE CORAL Source Property Type: Residential Zoning Description: RML Property SubType: Single Family Residence Direction Faces: South Property Age: 23
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Listing Price Information
Listing Price: $222000Cash
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Tax Information
Parcel Number: 32-43-24-C3-02218.0360 Tax Lot: 36 Tax Block: 2218 Tax Year: 2025 Annual Tax: $3626.32 Tax Legal Desc: CAPE CORAL UNIT 33 BLK 2218 PB 16 PG 44 LOTS 36 + 37
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Virtual Tour
Parking Information
Attached, Driveway, Garage, Paved, TwoSpaces, AttachedCarport, GarageDoorOpenerGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 2 Pets Allowed: YesHomeowners Association Information
Included Fees: NoneAssociation Amenities: NoneCommunity Features: NonGated
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Utility Information
CableNotAvailable -
Location Information
Direction: Take Diplomat Pkwy E turn on NE 22pl then turn on NE 16th Ter WaterSource: Well Security Features: None
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2739 Merida Lane, Cape Coral, FL, 33909 | $465,000 | 5 | 3 | 2,634 | 2,634 SqFt |
| 3166 Estancia Lane, Cape Coral, FL, 33909 | $295,000 | 4 | 2 | 1,499 | 1,499 SqFt |
| 2707 Tarragona Court, Cape Coral, FL, 33909 | $319,900 | 3 | 2 | 1,747 | 1,747 SqFt |
| 3422 Cancun Court, Cape Coral, FL, 33909 | $340,000 | 4 | 2 | 1,828 | 1,828 SqFt |
| 3422 Cancun Court, Cape Coral, FL, 33909 | $340,000 | 4 | 2 | 1,828 | 1,828 SqFt |
| 3290 Baravaldo Circle, Cape Coral, FL, 33909 | $345,000 | 3 | 2 | 1,816 | 1,816 SqFt |
| 2613 Manzilla Lane, Cape Coral, FL, 33909 | $359,999 | 4 | 2 | 1,828 | 1,828 SqFt |
| 3477 Acapulco Circle, Cape Coral, FL, 33909 | $299,000 | 3 | 2 | 1,747 | 1,747 SqFt |
| 3271 Baravaldo Circle, Cape Coral, FL, 33909 | $464,900 | 3 | 4 | 2,567 | 2,567 SqFt |
| 3449 Acapulco Circle, Cape Coral, FL, 33909 | $303,600 | 5 | 3 | 2,848 | 2,848 SqFt |
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ByOwner last updated this listing 08/02/2026 @ 12:22
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