17,896 sqft

$4,800,000

111 SW 16th TER, CAPE CORAL FL, 33991

Price per sqft$268.22

Built in2026

Property size17,896 sqft

Property typeCommercial

Courtesy of Otis Jonuskis, Self Realty, (239) 777-4741

Overview

Active

Listed Oct 14, 2026

Updated 11h ago

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.

Additional information

MLS^® ID: 2026043268

Interior Features

Basement: No

Exterior Features

Lot Size: 1.03 Acres

Other Property Details

Taxes: $7,169
Tax Frequency: Annually
Association Fee Frequency: Yearly
New Construction: Yes
55+/Senior Community: No

The IDX display contains information sourced from the Naples Area Board of REALTORS^® as of 10/14/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated 2:21 PM UTC, 10/14/2026