$545,900

5000 SW 16th PL, Cape Coral, FL 33914

  • 4 beds |
  • 4 baths
  • Property Icon Duplex
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

This rare duplex presents the potential to generate over $80,000 annually if both sides are operated as short-term rentals, subject to market conditions, management strategy, and owner execution, making it a true unicorn opportunity in one of the most desirable areas of SW Cape Coral. The property has a proven income history, generating over $54,000 in 2025, with approximately $39,000 produced by one side operating as a successful short-term rental and the remaining income generated from the other side as a long-term rental. The long-term tenant is moving out, providing immediate flexibility for a new owner to increase rents, convert the unit to an additional short-term rental, owner-occupy one side, or fully optimize income across both units. This property is considered a unicorn not only for its income flexibility and proximity to Cape Harbour’s amenities and marina, but also because it features a large heated pool, a huge screened-in lanai ideal for entertaining, and a fenced yard area located behind the lanai that is perfect for pets, a combination rarely found with duplex properties in this location. Both sides of the duplex have been recently fully renovated, offering modern finishes, updated interiors, and strong appeal to both short-term guests and long-term tenants. Additional upside exists through improved management, pricing strategy, marketing exposure, and rental vacancy optimization, providing room to further enhance performance beyond historical results. The duplex is located in a quiet, high-end residential neighborhood surrounded by well-maintained and higher-value homes, creating a refined setting that attracts quality renters while maintaining a peaceful atmosphere. Each unit offers comfortable and functional living spaces that support strong occupancy and consistent demand. The ability to blend short-term and long-term rental strategies allows an owner to balance cash flow, risk, and lifestyle in a way few properties can offer. Whether the goal is maximizing income, transitioning to a full short-term rental model, maintaining a hybrid approach, or living in one unit while renting the other, this property delivers unmatched optionality. Seller financing may be available with a sufficient down payment. Its close proximity to Cape Harbour’s marina, waterfront dining, shopping, and entertainment further enhances rental appeal and long-term value, making opportunities like this exceptionally rare in Cape Coral.

Listing Status:
Active
Date Added:
September 19, 2025
Data Last Updated:
February 12, 2026 at 7:07AM
Listing Office:
RealPro Real Estate Consultant : (239) 309-2772
MLS ID:
2025011323
  • Flooring: Tile
  • A/C: Central ElectricZoned
  • Heating: Central Electric
  • Style: Duplex
  • Pool: CommunityBelow GroundConcrete
  • Roofing: Shingle
  • General: Concrete BlockStuccoConcrete Block
  • HOA Amenities: Pool
  • Originating MLS: Florida Gulf Coast
  • County: Lee
  • Zoning: RD-D16-45-23-C2-04633.0400
  • Fencing: Fenced
  • Water: Assessment Paid
  • Source: Florida Gulf Coast

This listing courtesy of RealPro Real Estate Consultant

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gulf Elementary School

3400 SW 17th Pl, Cape Coral, FL, 33914

Grades KG-5

2.16 miles away

G

Gulf Middle School

1809 SW 36th Ter, Cape Coral, FL, 33914

Grades 6-8

1.93 miles away

I

Ida S. Baker High School

3500 Agualinda Blvd, Cape Coral, FL, 33914

Grades 9-12

2.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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