111-108 SW 16th TER
Cape Coral, FL 33991
$4,800,000
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, washera/dryers. 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.
| Listing ID: | 2026044611 |
|---|---|
| List Price: | $4,800,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Bedrooms Total: | 32 |
| Bathrooms Half: | 0 |
| Living Area: | 17,896 |
| Tax Annual Amount: | $7,169 |
| Lot Size Square Feet: | 44,997 |
| Lot Size Acres: | 1.033 |
| Architectural Style: | Two Story, Quadraplex |
| Waterfront?: | No |
| City: | Cape Coral |
| County Or Parish: | Lee |
| Subdivision Name: | Cape Coral |
| Postal Code: | 33991 |
| Year Built: | 2026 |
| Number Of Units Total: | 16 |
| Cooling: | Central Electric |
| Flooring: | Concrete, Tile |
| Heating: | Central Electric |
| Lot Features: | Oversize |
| Status: | Active |
| State Or Province: | FL |
| Water Source: | Central |
| Roof: | Shingle |
| Foundation Details: | Concrete Block |
| Construction Materials: | Concrete Block, Stucco |
| Cooling?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 1.033 |
| Association Amenities: | None |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| MLS Area Major: | CAPE CORAL |
| New Construction?: | Yes |
| Waterfront Features: | None |
| Pets Allowed: | With Approval |
| Structure Type: | Quadruplex |
| Zoning: | RD-D |
| Lease Term: | Buyer Finance/Cash |
| Original List Price: | $4,800,000 |
| Building Area Units: | Square Feet |
| Irrigation Source: | Central |
| Listing Contract Date: | 2026-10-23 |
| Boat Access: | None |
| Building Desc: | 2 Story |
| Canal Width: | None |
| Community Type: | Non-Gated |
| Elevator: | None |
| Last Change Timestamp: | 2026-10-23T14:45:09.663Z |
| List Price: | $4,800,000.00 |
| Lot Back: | 120 |
| Lot Frontage: | 240 |
| Lot Left: | 250 |
| Lot Right: | 250 |
| Mls Area Major: | Cc23 - Cape Coral Unit 28,29,45,62,63,66,68 |
| Owner Name: | Jalp Llc |
| Status Type: | New Construction |
| Table: | Residential Income |
| Unit Count: | 1 |
| Tax Year: | 2025 |
| Park Name: | CAPE CORAL |
Listing Courtesy of: Self Realty
(239) 777-4741
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The data relating to real estate for sale displayed on this Website comes in part from the Broker Reciprocity Program (BR Program) of Naples Area Board of REALTORS®, under License No. NPLSMLS-100139. Properties listed with brokerage firms other than North 2 South Realty International Inc are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples Area Board of REALTORS®. BR Program, or contained in the database compilation of the Naples Area Board of REALTORS®.
Naples Area Board of REALTORS® data last updated on October 24, 2026 04:38 AM - ET
Property Last Updated: October 24, 2026 04:38 AM - ET
