4928/5000 SW 16th Place, Cape Coral, FL 33914
- $495,000
- 4
- BD
- 4
- BA
- 2,400
- SqFt
- List Price
- $495,000
- Listing Price
- $495,000
- Price Change
- ▼ $4,500 1786907427
- Days on Market
- 184
- MLS#
- 2026011492
- Development
- Cape Coral
- Development Name
- Cape Coral
- Building Design
- Duplex
- County
- Lee
- Region
- CC22 - Cape Coral Unit 69,70,72-
- Subdivision
- Cape Coral
- Year Built
- 1983
Property Description
Rare fully renovated duplex with a heated pool just minutes from Cape Harbour—now offered at an exceptional new price of $495,000. This income-producing property offers a proven vacation rental history with over $59,000 in gross rental income and is located in one of Southwest Cape Coral's most desirable neighborhoods, just minutes from waterfront dining, shopping, entertainment, marina access, and boating. The property features two spacious 2-bedroom, 2-bath residences totaling 2,400 square feet, providing exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while the other helps offset the mortgage. One furnished unit has an established turnkey vacation rental history, while the second unit is becoming available, giving the next owner the opportunity to increase rental income, expand the vacation rental program, continue a hybrid rental strategy, or occupy one side. A truly rare feature for a duplex, the property includes a large heated pool, oversized screened lanai, and private fenced yard—amenities that attract both vacation guests and long-term tenants. With the long-term tenant vacating, the new owner has immediate flexibility to maximize income potential while benefiting from an established rental history. Whether you're expanding your investment portfolio, searching for a seasonal home with income potential, or looking to house hack by living in one unit and renting the other, this property offers exceptional versatility. Investment opportunities combining this location, flexibility, proven rental income, and a private heated pool rarely become available in Southwest Cape Coral—especially at this price.
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Additional Information
- Units
- 2
- Bathrooms
- 4
- Approximate Living Area
- 2,400
- Building Description
- Duplex
- Lot Size
- 0.23
- Construction
- Block, Concrete, Stucco
- Amenities
- None
- Exterior Features
- Fence, Sprinkler/Irrigation
- Water
- Assessment Paid, Public
- Sewer
- Assessment Paid, Public Sewer
- Cooling
- Central Air, Ceiling Fan(s), Electric, Zoned
- Waterfront Description
- None
- Community Type
- Non-Gated
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Listing courtesy of RE/MAX Trend.