4928/5000 SW 16th Pl, Cape Coral, FL 33914

Beds
4
Baths
4
Sqft
2,400
Pool
Yes

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Overview

Rare fully renovated duplex with a heated pool just minutes from Cape Harbour—now offered at an exceptional new price of $499,700. This income-producing property offers a proven vacation rental history with over $59,000 in gross rental income and is located in one of Southwest Cape Coral's most desirable neighborhoods, just minutes from waterfront dining, shopping, entertainment, marina access, and boating.

The property features two spacious 2-bedroom, 2-bath residences totaling 2,400 square feet, providing exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while the other helps offset the mortgage. One furnished unit has an established turnkey vacation rental history, while the second unit is becoming available, giving the next owner the opportunity to increase rental income, expand the vacation rental program, continue a hybrid rental strategy, or occupy one side.

A truly rare feature for a duplex, the property includes a large heated pool, oversized screened lanai, and private fenced yard—amenities that attract both vacation guests and long-term tenants. With the long-term tenant vacating, the new owner has immediate flexibility to maximize income potential while benefiting from an established rental history.

Whether you're expanding your investment portfolio, searching for a seasonal home with income potential, or looking to house hack by living in one unit and renting the other, this property offers exceptional versatility. Investment opportunities combining this location, flexibility, proven rental income, and a private heated pool rarely become available in Southwest Cape Coral—especially at this price.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
4
Square feet
2,400
Lot size (acres)
0.23
Year built
1983

Exterior features

Pool
Yes
Waterfront
None

Utilities

Heating
Central Electric
Cooling
Central Electric, Zoned, Ceiling Fans

Taxes

Tax Annual Amount (2025)
$3,552.49

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Naples Area Board of Realtors MLS®#: 2026011492 Last checked:

The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright }}YEAR}} M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.