For Sale Duplex MLS# 2026011492

4928/5000 SW 16th PL

CAPE CORAL, FL 33914

$489,900

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About 4928/5000 SW 16th PL

Rare fully renovated duplex with a heated pool just minutes from Cape Harbour—now offered at an exceptional new price of $495,000. This income-producing property offers a proven vacation rental history with over $59,000 in gross rental income and is located in one of Southwest Cape Coral's most desirable neighborhoods, just minutes from waterfront dining, shopping, entertainment, marina access, and boating.

The property features two spacious 2-bedroom, 2-bath residences totaling 2,400 square feet, providing exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while the other helps offset the mortgage. One furnished unit has an established turnkey vacation rental history, while the second unit is becoming available, giving the next owner the opportunity to increase rental income, expand the vacation rental program, continue a hybrid rental strategy, or occupy one side.

A truly rare feature for a duplex, the property includes a large heated pool, oversized screened lanai, and private fenced yard—amenities that attract both vacation guests and long-term tenants. With the long-term tenant vacating, the new owner has immediate flexibility to maximize income potential while benefiting from an established rental history.

Whether you're expanding your investment portfolio, searching for a seasonal home with income potential, or looking to house hack by living in one unit and renting the other, this property offers exceptional versatility. Investment opportunities combining this location, flexibility, proven rental income, and a private heated pool rarely become available in Southwest Cape Coral—especially at this price.

Property details

Property

Type
Duplex
MLS type
Duplex
Status
Active
Year built
1983
Living area
2,400 sqft
Price / sqft
$204
Lot
0.23
Full baths
4
Original price
$545,900
MLS #
2026011492

Interior

Features
true, Ceiling Fan(s), Central Electric, Zoned, true, Central Electric, Tile
Flooring
Tile
Heating
true, Central Electric
Cooling
true, Ceiling Fan(s), Central Electric, Zoned

Exterior & lot

Features
Below Ground, Concrete, Screen Enclosure, Duplex
Construction
Concrete Block, Stucco, Concrete Block, Shingle
Roof
Shingle
Foundation
Concrete Block
Lot
RD-D, CAPE CORAL UNIT 69 BLK 4633 PB 22 PG 47 LOTS 40 + 41, 16-45-23-C2-04633.0400, Fenced
Fence
Fenced
Pool
Below Ground, Concrete, Screen Enclosure

Schools

District
Lee County School District

Utilities

Utilities
Assessment Paid, Central
Water
Assessment Paid, Central

Financial

Financial
Florida Gulf Coast
Annual tax
$3,552
Tax year
2025
Parcel
16-45-23-C2-04633.0400
Legal
CAPE CORAL UNIT 69 BLK 4633 PB 22 PG 47 LOTS 40 + 41

Location

Subdivision
CAPE CORAL
Area
CAPE CORAL
County
Lee
Community
Lee, Paved, Florida Gulf Coast

Location

Neighborhood
CAPE CORAL
School district
Lee County School District

Ask about this property

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Listed by Brian Koonmen, RE/MAX Trend

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.