$385,900
4 Bed Duplex for Sale in Cape Coral
4012/4014 SW 16TH Place, Cape Coral, FL, 33914
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
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
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, 2026 | Price reducedfrom $389,500 | $385,900 |
| Sep 10, 2026 | Back on market | |
| Jan 31, 2026 | Listed | $389,500 |
The good, the trade-offs & the location
- Storm protection: Impact Windows/Doors
- 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
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.