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
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.
Other Property Details
- Taxes
- $7,169
- Tax Frequency
- Annually
- Secondary Association Fee
- Not Listed
- New Construction
- Yes
Listed by Otis Jonuskis, Self Realty
Listing Contact: 239-777-4741
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Data last updated 2:20 PM UTC, 10/14/2026