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!
Closed
$675,000
232 NE 16th Pl #1, Cape Coral, FL 33909
8beds
4,076sqft
Quadruplex, Multi Family
Built in 1985
-- sqft lot
$645,200 Zestimate®
$166/sqft
$1,466 Estimated rent
Home value
$645,200
$568,000 - $729,000
$1,466/mo
Zestimate® history
Owner options
List your home for rent
$1,466/mo
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$1,466/mo
Rent Zestimate®
Refinance and save
$4,401/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,401/mo
Est. payment
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Zillow last checked:
Listing updated:
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#: 225032242
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & 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 & HOA
Community
- Features: Non-Gated
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: CAPE CORAL
Location
- Region: Cape Coral
Financial & listing details
- Price per square foot: $166/sqft
- Annual tax amount: $11,301
- Date on market: 3/28/2025
- Cumulative days on market: 42 days
- Tenant pays: Application Fee, Cable TV, Departure Cleaning, Electricity, Janitorial Service, Pest Control
- Contingency: Financing
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Sold | $675,000-2.2%$166/sqft |
Source:  Florida Gulf Coast MLS #225032242 Report a problem | ||
| 4/8/2025 | Pending sale | $690,000$169/sqft |
Source:  SWFLMLS #225032242 Report a problem | ||
| 3/28/2025 | Listed for sale | $690,000$169/sqft |
Source: SWFLMLS #225032242 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 33909
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Nearby schools
GreatSchools rating
- 6/10Caloosa Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Caloosa Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10North Fort Myers High SchoolGrades: 9-12Distance: 1.7 mi
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$645,200
2% more
+$12,904
With Zillow Showcase(estimated)
$658,104
- Florida
- Lee County
- Cape Coral
- 33909
- 232 NE 16th Pl Unit 1
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