Donna Hodges

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Listing provided courtesy of INVEST READY REALTYas Distributed by MLSGrid- MLS# MFRA4695865MLS Provider

1318/1320 NE 16TH TERRACECAPE CORAL, FL 33909

Multi-Family · 12 Beds · 2,498 Sq. ft. | 0.23 Acres
$529,900 Active

1318/1320 NE 16TH TERRACE Overview

Time on Site:
27 days
Visits:
0

One or more photo(s) has been virtually staged. Brand new 2026 construction duplex in Northeast Cape Coral — the perfect investment opportunity! Each unit features 3 bedrooms, 2 full bathrooms, and a modern open-concept layout with quality finishes throughout. Connected to city water and city sewer — no well, no septic. No HOA means no restrictions and no extra fees, giving you full flexibility as an owner. Live in one unit and rent the other, or lease both for strong rental income in one of Florida's fastest-growing markets. Whether you're expanding your portfolio or stepping into real estate investing for the first time, this turnkey new construction duplex checks every box. Don't miss this rare opportunity — schedule your showing today!

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1318/1320 NE 16TH TERRACE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,498
  • Price/Sq.ft. $212
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • New Construction: Yes
  • Year Built: 2026

Location/Region

  • Country: US
  • County Or Parish: Lee
  • MLS Area Major: 33909 - Cape Coral
  • Subdivision Name: CAPE CORAL
  • Township: 43

Tax Information

  • Tax Annual Amount: 4421.66
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 31-43-24-C3-02116.0090
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: R3-D

Interior

Parking Information

  • Garage Spaces: 2
  • Garage: Yes

Beds/Baths

  • Bathrooms Total: 8
  • Bedrooms Total: 12

Building Interior

  • Building Area Units: Square Feet

General Information

  • Cooling: Central Air
  • Fireplace: No
  • Foundation Details: Slab
  • Heating: Central
  • Interior Features: Split Bedroom
  • Laundry Features: In Garage
  • Living Area: 2498
  • Living Area Source: Builder
  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Size Dimensions: 80x125
  • Lot Size Square Feet: 10019
  • Road Surface Type: Concrete
  • Water Source: Public

Waterfront/View

  • View: Garden
  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Stucco
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Sliding Doors
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

1318/1320 NE 16TH TERRACE Neighborhood

Community

33909 (CAPE CORAL) Demographics

38
Median Age
1,697
Population Density (per sq. mile)
29%
College Educated
$57,302
Estimated Median Income
6,892
Estimated Total Home Owners
3,786
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1318/1320 NE 16TH TERRACE Monthly Cost

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Meredith Medvec
Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1318/1320 NE 16TH TERRACE Market Data

Based on the last 30 days in this zip code

$361,343
Average List Price
$214
Average Price per Square Foot
3
Properties Sold
93
Average Days on Market
1,407
Properties for Sale
Calculations provided by Reliance Network

1318/1320 NE 16TH TERRACE History

Date Event Value Agent
6/3/2026Source: My Florida Regional MLS Added to Database
June 03, 2026