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248.840.3111
John R Wood
111 SW 16th TER, Cape Coral, FL 33991
- $4,800,000
- 17,896
- SqFt
- List Price
- $4,800,000
- Listing Price
- $4,800,000
- MLS#
- 2026043268
- Status
- ACTIVE
- Living Sq. Ft
- 17,896
- Property Class
- Commercial
- Status Type
- New Construction
- County
- Lee
- Region
- CC23 - Cape Coral Unit 28,29,45,62,63,66,68
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.
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Additional Information
- Year Built
- 2026
- Waterfront Description
- None
- Acres
- 1.03
- Tax Year
- 2025
Mortgage Calculator
Courtesy of Self Realty.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.