232 NE 16th Place #1
Cape Coral, FL 33909
8 beds | 8 baths | 0.37 acres | #225032242
Description
Income-Producing 4-Plex in Prime Location!
Fantastic investment opportunity! This centrally located 4-plex features three occupied units with long-term tenants in place, providing immediate rental income. Each unit offers 2 bedrooms, 2 bathrooms, and a 1-car garage, making it highly desirable for renters. Interior features include a mix of tile and carpet flooring, ceiling fans throughout, and screen-enclosed lanais, perfect for enjoying Florida’s beautiful weather. Conveniently situated just off Del Prado Blvd N, this property provides easy access to shopping, dining, and major roadways.
Don't miss out on this investment—a rare opportunity to own a multi-family property in a high-demand area!
Property Details
- InteriorHighSpeedInternet
- PetsCall, Conditional
- Sewer InformationAssessmentPaid
- Utility SourceAssessmentPaid
- Utility FeaturesCableAvailable
- Lot DescriptionMultipleLots
- Property TypeMulti-Family
- SubdivisionCAPE CORAL
- Property SubtypeQuadruplex
- MLS #225032242
- MLS #225032242
- Original List Price$690,000
- Taxes Annual$11,301
- Cost690000
- Acres0.372
- Year Built1985
- CountyLee
- Bedrooms8
- Bathrooms8
- Full Baths8
Location
Legal
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Last Updated: . Source: FLGCMLS
Listing Courtesy
Listing Agent: Maureen Mitchell (#P3444503)
Listing Office: Marshall Reddick Real Estate (#FMRR)

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