About 107 Sw 16th Ter
Great investment opportunity with this 4PLEX in a prime Cape Coral location. This income-producing 4-unit multifamily property offers steady cash flow and immediate rental appeal. Each spacious 2-bedroom, 1-bath unit features a living and dining area, kitchen, tile flooring throughout, private lanai, and inside laundry hookups. Recent capital improvements include 4 new A/C Units (2021-2022), 4 new Water Heaters (2020, 2024, 2025, 2025), re-plumb, and a metal roof with third nail added in 2021.Two units have refreshed kitchens and bathrooms, adding modern appeal for tenants. No flood insurance required. A solid addition to any investor’s portfolio, offering turnkey income and long-term appreciation potential!
Features of 107 Sw 16th Ter
| MLS® # | 2026001824 |
|---|---|
| Price | $650,000 |
| Sold Price | $600,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,512 |
| Acres | 0.34 |
| Year Built | 1985 |
| Type | Income |
| Sub-Type | Quadruplex |
| Style | Ranch, Quadraplex |
| Status | Closed |
Community Information
| Address | 107 Sw 16th Ter |
|---|---|
| Area | CC23 - Cape Coral Unit 28,29,45,62,63,66,68 |
| Subdivision | CAPE CORAL |
| City | CAPE CORAL |
| County | Lee |
| State | FL |
| Zip Code | 33991 |
| Community Type | Non-Gated |
Amenities
| Amenities | None |
|---|---|
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
| Elevator | None |
Interior
| Heating | Central Electric |
|---|---|
| Cooling | Ceiling Fan(s), Central Electric |
| Fireplace | No |
Exterior
| Exterior | Concrete Block, Stucco |
|---|---|
| Lot Description | Oversize |
| Roof | Metal |
| Construction | Concrete Block, Stucco |
Additional Information
| Date Listed | January 13th, 2026 |
|---|---|
| Date Sold | June 2nd, 2026 |
| Days on Market | 239 |
| Zoning | RML |
| Foreclosure | No |
| Short Sale | No |
| Annual Recurring Fees | $0 |
Listing Details
| Office | Century 21 Selling Paradise |
|---|