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$ 4,800,000
Est. payment /mo
Active
111 SW 16th TER Cape Coral, FL 33991
17,896 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 17,896 sqft
Price per Sqft $268
MLS Listing ID 2026043268
Style New Construction
Year Built 2026
Annual Tax Amount $7,168
Tax Year 2025
Lot Size 1.033 Acres
Acres 1.033
Source Florida Gulf Coast
Land Area 17896
Property Description
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.
Location
State FL
County Lee
Zoning RD-D
Interior
Inclusions Building And Land
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront Description None
Garage No
Building
Story 2
Level or Stories 2
New Construction Yes
Others
Senior Community No
Tax ID 26-44-23-C2-03082.0140
Listed by Self Realty • Otis Jonuskis