2306/2308 NE 16th Ter, Cape Coral, FL, 33909
About This Home
NEGOTIABLE ... OPEN TO ALL REASONABLE OFFERS....CALL . .. Paid assessments at closing..... An investors great OPPORTUNITY with STRONG rental potential to expand or start your portfolio or DUAL MULTI-FAMILY HOME. A much loved and caringly, WELL MAINTAINED resident-owned, 2003 income producing DIVIDED VINYL FENCED Cape Coral Duplex with a 2022 NEW METAL-ROOFED SOUTHERN EXPOSURE of 2385 sq ft, pocketed 3-slider great room’s to 258sf each LANAI IS UNDER TRUSS, 4-bedrooms [PRIMARY ensuite’s are 15X16 [wow] with double slider to lanai under truss], both screened UNDER TRUSS lanai’s have wall décor installed, 4-combo TILED to ceiling tub/shower baths with new showerheads and window, two one-car garages with W/D and hookups *2024 NEW front tinted wind-impact replacement windows *2308 side has some garage fixed steel shelving. Features: 2022 NEW metal roof with rain gutter plus solar lighting and lanai screening *2022 side trash receptacle steel pads *2024 NEW front WIND IMPACT windows [manual shutter for remaining] *2019 NEW white vinyl fencing with duplex divider and solar post lighting *2024 NEW water treatment pad/storage canopied for future extra storage enclosure *2018 NEW installed automatic irrigation system *2017 NEW rear rain gutters *NEW steel dual mailbox *NEW dual house number plates and *exterior repaint * 2017 NEW garage door openers with keypads * 2019 NEWLY front stoned ground area with step pads NEW painted entry walkway, garage and lanai floors [not 2306 garage floor], replaced all NEW exterior outlet covers, installed NEW garage door accents *side-2306 NEWER almond kitchen/ice appliance package *2025 2306-side NEW bedrooms carpeted, NEWLY repainted all interior, both sides all NEW front entry door lock-hardware, both sides A/C ductwork cleaned, deodorized, added NEW air handler UV lights and NEW ROI systems. Lots of caring PLUSES plus- plus all by a caring resident-owned duplex. Paid assessments at closing.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2003
Materials
- Roof: Metal
- Construction materials: Block,Concrete,Stucco
Type & Style
- Home type: MultiFamily
- Architectural style: Ranch,One Story,See Remarks,Traditional,Duplex
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Water Softener
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Window features: Impact Glass,Other,Single Hung
- Flooring: Carpet,Tile
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total structure area: 2,385
- Total interior livable area: 2,385 sqft
Property
Details
- Parcel number: 324324C302221.0030
- Lease amount: 0
- Zoning description: RML
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Fence,Sprinkler/Irrigation,Other,Patio,Privacy Wall,Storage
- Waterfront features: None
Lot
- Lot size: 10,628 sqft
- Features: Oversized Lot,Sprinklers Automatic
- Lot size dimensions: 85 x 125 x 85 x 125
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Lee County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,300 | $27,600 |
| Home Insurance * | $349 | $4,188 |
| Property Taxes | $295 | $3,540 |
| Electricity | $240 | $2,880 |
| Total | $3,184 | $38,208 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-16 | Price change | $449,000 |
| 2026-07-27 | Price change | $455,000 |
| 2026-07-12 | Price change | $458,000 |
| 2026-05-25 | Listed for sale | $468,000 |
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