# 107 SW 16th Terrace, Cape Coral, FL 33991

> **TL;DR:** 8bd/4ba single family, $650,000, built 1985.
> A/C. Est. $2,817/mo. Listed 105 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $650,000 |
| Bedrooms | 8 |
| Bathrooms | 4 full |
| Year Built | 1985 |
| Lot Size | 14,985 sqft (0.34 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 105 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,817 |
| **Total** | **$2,817** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1985
- 0.34 acre lot

## Description

### Agent Description
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!

## Location

- **Address:** 107 SW 16th Terrace, Cape Coral, FL 33991
- **County:** Lee
- **Neighborhood:** CAPE CORAL
- **Coordinates:** 26.622163, -81.976634
- **Google Maps:** https://www.google.com/maps?q=26.622163,-81.976634

## Listing Agent

- **Name:** Michelle Distefano
- **Brokerage:** Century 21 Selling Paradise
- **Phone:** 2398414274
- **Email:** Michelle2BuyandSell@gmail.com

## Primary Photo

![107 SW 16th Terrace - Primary Photo](http://lh.rdcpix.com/86c77e2765727b47b32fa3986fe8a94fl-f620881547r.jpg)

*31 total photos available on [listing page](https://www.propertysimple.com/listing/107-sw-16th-terrace-cape-coral-fl-33991-26001824)*

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**MLS#:** 2026001824 | **Updated:** 2026-04-27
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/107-sw-16th-terrace-cape-coral-fl-33991-26001824)

---

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