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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)

Rare fully renovated duplex with a heated pool just minutes from Cape Harbour—now offered at an exceptional new price of $499,700. This income-producing property offers a proven vacation rental history with over $59,000 in gross rental income and is located in one of Southwest Cape Coral's most desirable neighborhoods, just minutes from waterfront dining, shopping, entertainment, marina access, and boating. The property features two spacious 2-bedroom, 2-bath residences totaling 2,400 square feet, providing exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while the other helps offset the mortgage. One furnished unit has an established turnkey vacation rental history, while the second unit is becoming available, giving the next owner the oppor tunity to increase rental income, expand the vacation rental program, continue a hybrid rental strategy, or occupy one side. A truly rare feature for a duplex, the property includes a large heated pool, oversized screened lanai, and private fenced yard—amenities that attract both vacation guests and long-term tenants. With the long-term tenant vacating, the new owner has immediate flexibility to maximize income potential while benefiting from an established rental history. Whether you're expanding your investment portfolio, searching for a seasonal home with income potential, or looking to house hack by living in one unit and renting the other, this property offers exceptional versatility. Investment opportunities combining this location, flexibility, proven rental income, and a private heated pool rarely become available in Southwest Cape Coral—especially at this price.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $499,500

AD Id : 76056356

MLS Id : 2026011492

Beds : 4

Lot Size : 0.23 Acre

Year Built : 1983

County : Lee

Subdivision: Cape Coral

  • Map Map

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: $499500
    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 08/05/2026 @ 20:56

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

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