For sale

$220,000

2123 NE 16th TER, CAPE CORAL, FL 33909

3beds

1,257sqft

$1,448/mo

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Single Family Residence

Built in 2003

9,975 Square Feet Lot

$216,200 Zestimate^®

$175/sqft

$-- HOA

What's special

Large regular-shaped yardSplit floor plan

*INVESTOR SPECIAL – MAJOR TLC REQUIRED – NOT FOR THE FAINT OF HEART* Attention cash buyers and seasoned investors: This NE Cape Coral 3BR/2BA home is a full project property with serious upside for the right buyer. Roof was replaced in 2023 and the kitchen has granite counters, but make no mistake — this home needs extensive work. Expect to replace the A/C unit, water heater, water softening system, and interior paint at minimum, with additional unknown repairs likely. Split floor plan and large, regular-shaped yard with pool potential remain, and the lot is fully fenced. This is NOT move-in ready and NOT suited for first-time or light-hearted buyers. Priced accordingly for investors who understand rehab costs and see the rental or flip potential. *SUBJECT TO SHORT SALE APPROVAL.*

49 days

824

54

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Screened Lanai/Porch, 3 Bed

Bedroom

Features: First Floor Bedroom, Split Bedrooms

Dining room

Features: Breakfast Bar, Dining - Family

Heating

Central

Cooling

Ceiling Fan(s), Central Air, Other, Window Unit(s)

Appliances

Included: Dishwasher, Dryer, Range, Refrigerator, Washer
Laundry: Inside

Features

Other, Laundry in Residence, Screened Lanai/Porch
Flooring: Tile
Windows: Shutters - Manual
Has fireplace: No

Interior area

Total structure area: 1,691
Total interior livable area: 1,257 sqft

Property

Parking

Total spaces: 4
Parking features: Driveway, Attached, Attached Carport
Attached garage spaces: 2
Carport spaces: 2
Covered spaces: 4
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Screened Lanai/Porch
Has view: Yes
View description: Landscaped Area
Waterfront features: None

Lot

Size: 9,975 Square Feet
Features: Regular

Details

Parcel number: 324324C302218.0360
Zoning: RML
Special conditions: Short Sale

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch,Traditional
Property subtype: Single Family Residence

Materials

Block, Stucco
Foundation: Concrete Block
Roof: Shingle

Condition

New construction: No
Year built: 2003

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Features: Non-Gated
Subdivision: CAPE CORAL

HOA

Has HOA: No
Amenities included: None

Location

Region: Cape Coral

Financial & listing details

Price per square foot: $175/sqft
Tax assessed value: $209,714
Annual tax amount: $3,626
Date on market: 6/15/2026
Lease term: CASH ONLY

Estimated market value

$216,200

$205,000 - $227,000

$1,726/mo

Price history

Date	Event	Price
2/28/2022	Sold	$300,000-3.2%$239/sqft
Source: Florida Gulf Coast MLS #222001619 Report a problem
1/12/2022	Pending sale	$310,000$247/sqft
Source: Florida Gulf Coast MLS #222001619 Report a problem
1/7/2022	Listed for sale	$310,000+79.2%$247/sqft
Source: Florida Gulf Coast MLS #222001619 Report a problem
12/14/2018	Sold	$173,000-1.1%$138/sqft
Source: Florida Gulf Coast MLS #218072420 Report a problem
11/2/2018	Listed for sale	$175,000+66.7%$139/sqft
Source: Coldwell Banker Residential Re #218072420 Report a problem
12/13/2013	Sold	$105,000-6.3%$84/sqft
Source: Public Record Report a problem
11/8/2013	Price change	$112,000+1.8%$89/sqft
Source: American Brokers Realty Group Inc #201339418 Report a problem
10/17/2013	Price change	$110,000-4.3%$88/sqft
Source: Rent 1 Sale 1 Realty #201334150 Report a problem
9/26/2013	Listed for sale	$115,000$91/sqft
Source: Rent 1 Sale 1 Realty #201334150 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,626 +2.7%	$209,714 -0.9%
2024	$3,531 +3.9%	$211,538 +3%
2023	$3,400 +59.5%	$205,377 +53.6%
2022	$2,131 +0.6%	$133,738
2021	$2,119 -0.3%	--
2020	$2,125 +3.6%	$128,050 +2.3%
2019	$2,051	$125,171 +40.7%
2018	$2,051 +48.5%	$88,973 +2.1%
2017	$1,382	$87,143 -15.2%
2016	$1,382 +4.5%	$102,774 +14.4%
2015	$1,322 +1.6%	$89,809 +8.8%
2014	$1,301 +7.8%	$82,510 +15.3%
2013	$1,207 -18.3%	$71,588 +17.4%
2012	$1,477 +7.8%	$60,993 +14.2%
2011	$1,371 +1.1%	$53,402 +4%
2010	$1,356 -15.8%	$51,332 -19.5%
2009	$1,610 -31.7%	$63,780 -47.6%
2008	$2,357 -26.8%	$121,620 -28.5%
2007	$3,219 -5.9%	$170,040 -3%
2006	$3,420 +49.7%	$175,270 +78.4%
2004	$2,285 +1863.6%	$98,240 +2747.5%
2003	$116 +58.5%	$3,450 +76%
2002	$73	$1,960

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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