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111 SW 16th Terrace, Cape Coral, FL 33991

$4,800,000
17,896
SqFt
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List Price
$4,800,000
Status
ACTIVE
MLS#
2026043268
Living Area
17,896
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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. 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
Low Rise (1-3)
Year Built
2026
Living Area
17,896
Acres
1.03
Waterfront Description
None
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Listing courtesy of Self Realty.