4 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2026012034

$319,900

4 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL

513 SE 16th Place, Cape Coral, FL, 33990

4 beds2 baths1,880 sqft3 garage

About this home

This is a very unique house. It has 4 bedrooms, 2 bathrooms, 3 car garage and it's located on a triple lot which is 50% larger than a standard lot in Cape Coral. It has relatively new roof that was installed in 2022. There is plenty of space to expand the house, add a pool and a large shed, and a fence in the front as it has already a privacy fence on the back. It's located one street away from Del Prado Blvd, and within walking distance to the hospital and a school. It's currently occupied by tenants who pay $2,600/month and are interested in staying. They're on a month to month lease. The shed in the back is theirs and doesn't convey. The tenant will dismantle the office in the third garage and restore the garage to its original shape.

Property details

Type
SingleFamilyResidence
Year built
2006
Interior
1,880 sqft
Lot size
14,984.64 sqft
Acreage
0.34 acres
Garage
3 car
Days on market
4
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,479/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
East
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

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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$170/sqft
Comp median
$203/sqft
Difference
-16%

Based on the $/sqft of 20 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1627 SE 7th StreetJan 2026$280,0003/21,709$164
1719 SE 8th StreetMar 2026$320,0003/21,804$177
1726 SE 2nd StreetDec 2025$390,0003/21,811$215
2005 Bolado ParkwayFeb 2026$350,0003/21,752$200
2018 SE 6th LaneAug 2025$390,0003/21,914$204
1725 SE 9th TerraceSep 2025$344,9003/21,852$186
Average6 comps$345,817$191

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

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

Price & status history

Apr 17, 2026Sold$319,900
Mar 10, 2026Listed$319,900

The good, the trade-offs & the location

Pros
  • Built 2006 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Storm protection: Shutters
  • 3-car garage
Location convenienceHigh
Hospital
0.7 mi
Cape Coral Hospital
Beach
13.2 mi
Fort Myers Beach
Airport
6.1 mi
Page Field (Fort Myers)
Shopping
0.5 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.