5000 SW 16th PL, Cape Coral, FL 33914
- 4 beds |
- 4 baths
Duplex
Built in 1983
10,019sqft lot
—— car garage
$——/sqft
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

- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Gulf Elementary School
3400 SW 17th Pl, Cape Coral, FL, 33914
Grades KG-5
2.16 miles away
Gulf Middle School
1809 SW 36th Ter, Cape Coral, FL, 33914
Grades 6-8
1.93 miles away
Ida S. Baker High School
3500 Agualinda Blvd, Cape Coral, FL, 33914
Grades 9-12
2.06 miles away




