Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 4-bedroom, 4-bathroom residential multi family at 5000 SW 16th Place in Cape Coral, FL is listed for $545,900. Built in 1983, on a 0.23 acres lot.

Agent Description

Income producing duplex near Cape Harbour with strong short-term rental potential. Rare duplex investment opportunity in highly desirable SW Cape Coral near Cape Harbour. This fully renovated property offers exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while generating rental income from the other.

The duplex consists of two spacious 2-bedroom, 2-bath units, offering approximately 2,400 total square feet of living space. Both units feature updated interiors, modern finishes, and functional layouts that appeal to both long-term tenants and short-term guests.

The property has a proven income history generating over $54,000 in 2025, with one unit successfully operating as a short-term rental and the other leased long-term. With the current tenant moving out, the new owner will have the flexibility to increase rents, convert both units to short-term rentals, maintain a hybrid rental strategy, or occupy one side while renting the other.

With optimized management and rental strategy, the property has the potential to generate $80,000+ annually in gross income. A rare feature for a duplex in this area, the property includes a large heated pool, oversized screened lanai ideal for entertaining, and a fenced yard area perfect for pets.

Located in a quiet residential neighborhood surrounded by well-maintained homes and just minutes from Cape Harbour's marina, waterfront dining, shopping, and entertainment, the property offers strong rental demand and long-term value. Seller financing may be available with acceptable terms and sufficient down payment.

Key Features

  • Built in 1983
  • 0.23 acre lot
  • Private pool

Property Details

4 full
1983

Amenities

PoolA/C

Monthly Cost Estimate

$2,920/mo

20% down · 6.5% · 30 years

Principal$395
Interest$2,366
Insurance$159

Estimates only. Actual payments may vary.

Location

5000 SW 16th Place

Cape Coral, FL 33914

CAPE CORAL

Features & Amenities

Exterior Features

FenceSprinklerIrrigation

Property Details

Flooring

Tile

Construction

Block Concrete Stucco

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)ZonedCentral AirElectric

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 5000 SW 16th Place is listed at $545,900. The estimated monthly payment is $2,366 based on 20% down at 6.5% interest.

Key features include: Built in 1983, 0.23 acre lot, Private pool. Exterior Features: Fence, SprinklerIrrigation.

This property is listed by Brian Koonmen and can be reached at 2399807714 or Briankremax@gmail.com.

BK

Brian Koonmen

Agent at RE/MAX Trend

(239) 980-7714

Listed by RE/MAX Trend · View on Broker Site

MLS# 2026011492· Source: listhub· Updated 5 days ago

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.

5000 SW 16th Place, Cape Coral, FL 33914

Open this listing in: