$5,938 Closing Credit¹
#224093135, Crystal Norton, Listing Office: Rent 1 Sale 1 Realty
$475,000 List price
1302-1304 NE 16th Ter Cape Coral, FL 33909
$5,641
Closing credit¹
4 beds
4 full
0.3 acres
Multi-Family
Property details
About 1302-1304 NE 16th Ter
** Investor's dream! This centrally located duplex offers an incredible opportunity with reliable rental income. The very spacious apartments have vaulted ceilings and open-concept living, with tile flooring throughout. Each unit features two bedrooms plus a den, and a one-car garage and in-unit laundry. A screened porch and a convenient 10x12 concrete pad in the backyard provide a comfortable outdoor living space. ** Several capital expenditures in the recent past, including: A new roof was installed in 2023; All the kitchen appliances and the water heater were replaced recently inside unit 1302; A new water softener was installed for the property; Freshly painted inside, the property is well-maintained. ** Seller has made a partial payment towards water and sewer assessments in his 2024 property taxes. ** Located near Del Prado Blvd and Pine Island Road, it is perfectly situated close to restaurants, shopping centers, and many other services, while offering a quiet retreat away from busy streets. Don’t miss this excellent opportunity! ** Both units are rented and provide a steady monthly income. Tenants are reliable, pay on time, and wish to stay, making this a truly hassle-free and profitable investment. ** DO NOT GO ON PROPERTY WITHOUT AN APPOINTMENT, AND DO NOT DISTURB THE TENANTS.
Highlights
Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Lot size0.255 Acres
Year built2006
MLS #225022319
Summary
- MLS Number: 225022319
- MLS Name: SWFL
- Office Name: Traikos Real Estate
- Office Phone: (954) 815-1541
- Office Email: george@Traikos.us
- Listing Agent: George Traikos
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. 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 has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$475,000
1302-1304 NE 16th Ter
$5,641
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
8
Diplomat Elementary School
Public District KG-5
1.2 mi
•1115 NE 16th Ter
5
Hector A. Cafferata, Jr. Elementary School
Public District KG-5
1.9 mi
•250 Santa Barbara Blvd N
6
Caloosa Elementary School
Public District KG-5
3.2 mi
•620 Del Prado Blvd S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,532. Residents of Cape Coral, FL typically earn between $35k-100k each year. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
37%
<35k
38%
35k-100k
23%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
24%
Single, No Kids
15%
Single, with Kids
28%
Married, No Kids
33%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
College Basketball
Soccer
Mexican League Soccer
Where do the neighbors shop?
Dillards
Burlington
Forever 21
Where do the neighbors go to eat?
Logan's Roadhouse
Wingstop
Dominos Pizza
What do the neighbors drive?
Hyundai
Nissan
Mazda
What do the neighbors listen to?
Rock
Christian Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1302-1304 NE 16th Ter in Cape Coral, FL and zip code 33909 in the Diplomat neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $475,000.
Over 23 listings were sold over their listed price in February 2025 in Cape Coral, FL. In the same period over 268 listings were sold below the listed price and 66 listings were sold for the listed price. The inventory of homes for sale in Cape Coral, FL between January and February 2025 increased by 10.6%. The median list price of listings available in February 2025 was $389,438, while the average time on the real estate market was 83 days.
From Rocket Homes Real Estate and based on county public records data.