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4928/5000 SW 16th Place

Cape Coral, FL 33914
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Bed 4

Bed

Bath 4

Bath

Acres0.23

Acre(Lot)

Income producing duplex near Cape Harbour with strong short-term rental potential. Rare duplex investment opportunity in highly desirable SW Cape Coral near Cape Harbour. This fully renovated property offers exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while generating rental income from the other. The duplex consists of two spacious 2-bedroom, 2-bath units, offering approximately 2,400 total square feet of living space. Both units feature updated interiors, modern finishes, and functional layouts that appeal to both long-term tenants and short-term guests. The property has a proven income history generating over $54,000 in 2025, with one unit successfully operating as a short-term rental and the other leased long-term. With the curre nt tenant moving out, the new owner will have the flexibility to increase rents, convert both units to short-term rentals, maintain a hybrid rental strategy, or occupy one side while renting the other. With optimized management and rental strategy, the property has the potential to generate $80,000+ annually in gross income. A rare feature for a duplex in this area, the property includes a large heated pool, oversized screened lanai ideal for entertaining, and a fenced yard area perfect for pets. Located in a quiet residential neighborhood surrounded by well-maintained homes and just minutes from Cape Harbour’s marina, waterfront dining, shopping, and entertainment, the property offers strong rental demand and long-term value.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $535,900

AD Id : 76056356

MLS Id : 2026011492

Beds : 4

Lot Size : 0.23 Acre

Year Built : 1983

County : Lee

Subdivision: Cape Coral

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Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Roofing Information

    Shingle

    Flooring Information

    Tile
  • Interior Features

    Roof: Shingle
    Window Features: SingleHung
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric, Zoned

  • Building Information

    Year Built: 1983
    Building Area Total: 2400
    Construction Materials: Block, Concrete, Stucco
    Pool Features: Concrete, InGround, ScreenEnclosure
    Private Pool: Yes
    Water front Features: None
  • Exterior Features

    Exterior Features: Fence, SprinklerIrrigation

  • Lot Information

    Lot Dimensions: 80 x 125 x 80 x 125 Main Square Feet: 0.23 Lot Size Acres: 0.23 Lot Size Source: Appraiser Lot Description: RectangularLot,SprinklersAutomatic

    Property Information

    Subdivision: CAPE CORAL Source Property Type: ResidentialIncome Zoning Description: RD-D Property SubType: Duplex Property Age: 43

  • Listing Price Information

    Listing Price: $535900
    Original Price: $545900
    AllFinancingConsidered, Cash

  • Tax Information

    Parcel Number: 16-45-23-C2-04633.0400 Tax Lot: 40 Tax Block: 4633 Tax Year: 2025 Annual Tax: $3552.49 Tax Legal Desc: CAPE CORAL UNIT 69 BLK 4633 PB 22 PG 47 LOTS 40 + 41

  • Garage Information

    Pets Allowed: Yes

    Homeowners Association Information

    Association Amenities: None
    Community Features: NonGated

  • Utility Information

    CableAvailable
  • Location Information

    WaterSource: AssessmentPaid, Public
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ByOwner last updated this listing 06/21/2026 @ 08:36

MLS: 2026011492 LISTED BY: Brian Koonmen, RE/MAX Trend 239-541-1661 SOURCE: FGC

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