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  • $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

    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!

    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#: 225032242MLS LogoOriginating 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