$529,900
1318/1320 NE 16th Terrace
Cape Coral, FL 33909
CAPE CORAL
Explore the area: Lee County real estate
Price Check
How this price compares
- List price
- $529,900
- Price per sq ft
- $212
- Original price
- Unchanged
- Days on market
- 120
This multi-family property is listed at $529,900, or $212 per square foot. It has been on the market for 120 days.
Estimated monthly payment
$2,785 /mo
Principal and interest only, based on $105,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $529,900
- Days on Site
- 120 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 2,498 sqft
- Total Sq Ft
- 3,154 sqft
- Year Built
- 2026
- Property Type
- Multi-Family
- MLS #
- A12027096
- Property Tax
- $4,422 (2025)
- Subdivision
- CAPE CORAL
- County
- Lee
- Status
- Active
About This Property
MOVE-IN READY!!! 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!
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 2026
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 1
- Living Sq Ft
- 2,498
- Total Sq Ft
- 3,154
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Zoning
- R3-D
Interior Features
- Cooling
- Central Air
- Heating
- Central / Separate Meters
- Flooring
- Tile
Exterior Features
- Construction
- Block
- Roof
- Shingle
Community & HOA
- Utilities
- Cable Not Available
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- MLS Area
- 5940 - Other Florida County
About the Area
- Homes for Sale
- 640
- Median List Price
- $439,000
- Median $/Sq Ft
- $250
- Avg Days on Market
- 150
Frequently Asked Questions
- How do I schedule a tour of 1318/1320 NE 16th Terrace, Cape Coral, FL 33909?
- Use the Tour button on this listing to request a showing of 1318/1320 NE 16th Terrace, Cape Coral, FL 33909. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1318/1320 NE 16th Terrace, Cape Coral, FL 33909 still available?
- 1318/1320 NE 16th Terrace, Cape Coral, FL 33909 is currently listed as Active, and has been on the market 120 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1318/1320 NE 16th Terrace, Cape Coral, FL 33909?
- With 20% down ($105,980) on the $529,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1318/1320 NE 16th Terrace, Cape Coral, FL 33909 is about $2,785/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1318/1320 NE 16th Terrace, Cape Coral, FL 33909?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1318/1320 NE 16th Terrace, Cape Coral, FL 33909. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1318/1320 NE 16th Terrace, Cape Coral, FL 33909?
- Often, yes. The right offer on 1318/1320 NE 16th Terrace, Cape Coral, FL 33909 depends on how it's priced against comparable multi-family sales in Cape Coral, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Invest Ready Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 25, 2026.
$529,900
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Listed by Marisel Armenteros, Invest Ready Realty
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