111-108 SW 16th Terrace, Cape Coral, FL 33991
- $4,800,000
- 32
- BD
- 17,896
- SqFt
- List Price
- $4,800,000
- Status
- ACTIVE
- MLS#
- 2026044611
- Bedrooms
- 32
- Living Area
- 17,896
- Development
- Cape Coral
- Subdivision
- Cape Coral
Property Description
Unique Cape Coral Investment Opportunity. This brand new 16-unit 2 story building offers an exceptional investment opportunity. Property has tons of upgrades: 2 story concrete block building with 16 units all 2 Bed/bath, tile flooring throughout, granite countertops, stainless steel appliances, washera/dryers. Not in a flood zone, no HOA fees, close to shopping, schools and dining. Could be used as vacation rental or long term rentals. You can not build same building for this price, offered below current construction cost for quick sale. Great option for 1031 exchange.
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Additional Information
- Taxes
- $7,168
- Building Design
- Quadraplex
- Year Built
- 2026
- Community Type
- Non-Gated
- Construction
- Block, Concrete, Stucco
- Living Area
- 17,896
- Acres
- 1.03
- Amenities
- None
- Cooling
- Central Air, Electric
- Heating
- Central, Electric
- Flooring
- Concrete, Tile
- Exterior Features
- Irrigation Sprinklers
- Waterfront Description
- None
- Water
- Public
- Sewer
- Public Sewer
- Stories
- 2
- Pets
- Call, Conditional
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Listing courtesy of Self Realty.