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!
Closed
$675,000
232 NE 16th Pl #1, Cape Coral, FL 33909
8beds
4,076sqft
Quadruplex, Multi Family
Built in 1985
-- sqft lot
$657,800 Zestimate®
$166/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 11, 2025 at 12:11pm
Listed by:
Maureen Mitchell 239-289-7533,
Marshall Reddick Real Estate
Bought with:
Non-listing FGC MLS Non-Listing agent, 258029255
FGC Non-MLS Office
Source: Florida Gulf Coast MLS,MLS#: 225032242
Originating MLS: Florida Gulf Coast

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Features
- High Speed Internet
- Flooring: Carpet, Laminate, Tile
- Windows: Single Hung
Interior area
- Total structure area: 4,076
- Total interior livable area: 4,076 sqft
Property
Features
- Exterior features: None
- Waterfront features: None
Lot
- Size: 0.37 Acres
- Dimensions: 110 x 105 x 110 x 105
- Features: Multiple lots
Details
- Parcel number: 084424C401543.0300
- Lease amount: $0
- Land lease expiration date: 1769904000000
- Zoning description: R3-D
Construction
Type & style
- Home type: MultiFamily
- Architectural style: None
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco, Wood Frame
- Roof: Shingle
Condition
- Resale
- Year built: 1985
Utilities & green energy
- Sewer: Assessment Paid
- Water: Assessment Paid
- Utilities for property: Cable Available
Community & neighborhood
Community
- Community features: Non-Gated
Location
- Region: Cape Coral
- Subdivision: CAPE CORAL
HOA & financial
Other fees
- Membership fee: $0
Other
Other facts
- Contingency: Financing
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$657,800
2% more+ $13,156
With Zillow Showcase(estimated)
$670,956