About This Home

This 0-bedroom, 0-bathroom commercial at 111 SW 16th Terrace in Cape Coral, FL is listed for $4,800,000. Built in 2026, on a 1.03 acres lot.

Key Features

  • Built in 2026
  • 1.03 acre lot
  • 2 stories

Property Details

2 stories
2026
Listing 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.

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.

Monthly Cost Estimate

$25,671/mo

20% down · 6.5% · 30 years

Principal$3,471
Interest$20,800
Insurance$1,400

Estimates only. Actual payments may vary.

Location

111 SW 16th Terrace

Cape Coral, FL 33991

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 111 SW 16th Terrace is listed at $4,800,000. The estimated monthly payment is $25,671 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2026, 1.03 acre lot, 2 stories.

This property is listed by Otis Jonuskis.

OJ

Otis Jonuskis

License 249514135

Agent at Self Realty

Listed by Self Realty · Broker phone: (239) 777-4741 · Broker website

MLS# 2026043268· Source: Florida Gulf Coast Multiple Listing Service, Inc.· 15 days on PropertySimple

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

111 SW 16th Terrace, Cape Coral, FL 33991

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