4 Bed Duplex for Sale in Cape Coral
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For SaleMLS# 2026004607

$385,900

4 Bed Duplex for Sale in Cape Coral

4012/4014 SW 16TH Place, Cape Coral, FL, 33914

4 beds2 baths1,712 sqft
GatedOn-site DiningBoating

About this home

BACK ON MARKET!!! EXCELLENT INVESTMENT OPPORTUNITY! MOVE-IN READY Duplex is an excellent opportunity for investor or owner-occupants with rental income. Rent other side instant investment property With Homestead! WELL MAINTAINED completely updated! Home is located in quiet Single Family home neighborhood. BRAND NEW: ROOF 3/2026, Hot Water Heaters, 100% waterproof LVP(luxury vinyl flooring) in the main living area, ALL impact windows & Sliders, ALL plumbing fixtures, smoke detectors, doors, (Exterior & Interior), handles/re-keyable locks, cabinets, vanities, bath fixtures, as well as, ALL new tiling in bathrooms and plumbing. Entire exterior of building has been painted. Each side has had All interior walls & ceilings painted, as well. Current home/flood insurance is transferable to new owner. INSIDE LAUNDRY! Minutes to shopping, boating, schools, churches, library, storage facilities, restaurants(Rum Runners, Lobster Lady, etc.) Both units feature an inviting open floor plan with either ceramic tile, or LVP in LR. Downtown Cape Coral is only minutes away, offering festivals, art shows, bike nights, restaurants, and plenty of entertainment year-round. Mature landscaping enhances the curb appeal. Property has city water, sewer and non-potable irrigation water.(no assessments owed) Within walking distance to library. Quick Close will be able to be accomplished, title company ready to go on sellers side. PID STRAP: 09-45-23-C2-04738.0600

Property details

Type
Duplex
Year built
1984
Interior
1,712 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
None
Days on market
85
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,403/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
Not specified
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Amenities

GuestSuitesRestaurant

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

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Market trends, NE Cape Coral New-Construction Spec-Home Belt

Median list
$486,500
Median $/sqft
$289
Median sold (90d)
$725,000
Avg days on market
131
Active listings
12
Median sold price · NE Cape Coral New-Construction Spec-Home Belt
$725,000last 3 months3% vs $704,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $3,600 (0.9%) from the original list price.

Sep 10, 2026Price reducedfrom $389,500$385,900
Sep 10, 2026Back on market
Jan 31, 2026Listed$389,500

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1984 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
5.5 mi
Cape Coral Hospital
Beach
9.3 mi
Fort Myers Beach
Airport
9 mi
Page Field (Fort Myers)
Shopping
6.6 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.