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$4,800,000
3 Days On Site
111 SW 16th TerraceCape Coral, FL 33991
For Sale|Multi Family|Active
0
Beds
0
Total Baths
17,896
SqFt
$268
/SqFt
2026
Built
County:
Lee
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Unique Cape Coral Investment Opportunity. This brand new 16-unit 2 story building offers an exceptional investment opportunity. Property has tons of upgrades: 2 story concrete block building with 16 units all 2 Bed/bath, tile flooring throughout, granite countertops, stainless steel appliances. Not in a flood zone, no HOA fees, close to shopping, schools and dining. Could be used as vacation rental or long term rentals. You can not build same building for this price, offered below current construction cost for quick sale. Great option for 1031 exchange.
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Listing Snapshot
Price
$4,800,000
Days On Site
3 Days
Bedrooms
N/A
Inside Area (SqFt)
17,896 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.033 Acres
Year Built
2026
MLS® Number
2026043268
Status
Active
Property Tax
$7,168.67
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 days ago | Listing first seen on site | |
| 4 days ago | Listing updated with changes from the MLS® |
General Features
Acres
1.033
Number Of Stories
2
Property Condition
New Construction
Property Sub Type
Multi Family
Security
Fire Sprinkler System
SqFt Total
17896
Style
Low Rise
Utilities
Electricity AvailableSewer AvailableWater Available
Zoning
RD-D
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Community Features
MLS Area
CC23 - Cape Coral Unit 28,29,45,62,63,66,68
Listing courtesy of Self Realty
The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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