111 SW 16th TER, CAPE CORAL, FL 33991

Multi FamilyProperty type

2026Year built

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About this home

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.

Property details

Property type: Multi Family
Year built: 2026
Lot size: 1.03 acres
Stories: 2
County: Lee