2123 NE 16th Terrace, Cape Coral, FL 33909
CAPE CORAL · Lee County
Key Facts
Description
*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.*
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch, One Story, Traditional
Year Built
2003
Stories
1
Living Area
1,691 sq ft
Lot Size
0.23 acres
Lot Dimensions
138 x 103 x 101 x 103
Garage Spaces
2
Ownership
Single Family
Days on Market
27
MLS® Listing#
226019915
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Laundry
Patio
Lot Features
Construction
Roof
Windows
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$3,626
Tax year 2025
Parcel Number
32-43-24-C3-02218.0360
Directions
Take Diplomat Pkwy E turn on NE 22pl then turn on NE 16th Ter
Affordability Calculator
$44,400
Estimated monthly payment
$1,182/mo
Principal $177,600 · Est. interest $247,768 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cape Coral, FL
- $433,206
- Median Listing Price
- 93
- Median Days on Market
- 1,783
- Median Sq Ft
- $247
- Median Price / Sq Ft
- 4,198
- Active Listings
- This home’s price is 49% below the area median.
- Its price per sq ft is 47% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cape Coral, FL.
Location
- 2123 NE 16th Terrace, Cape Coral, FL 33909
Points of Interest in Cape Coral, FL
Showing the Cape Coral area map.
Nearby Schools
Dr Carrie D Robinson Littleton Elementary School
Elementary · 1.1 mi away
Diplomat Elementary School
Elementary · 1.3 mi away
Diplomat Middle School
Secondary · 1.3 mi away
Tropic Isles Elementary School
Elementary · 1.5 mi away
North Fort Myers High School
Secondary · 1.7 mi away
A Little Piece of Me Montessori Academy
Elementary · 1.9 mi away
Kiddie Island Academy
School · 2.2 mi away
Good Shepherd Lutheran School
School · 2.4 mi away
J. Colin English Elementary School
Elementary · 2.5 mi away
Living Word Christian School
School · 2.6 mi away
Gulf Coast Baptist Church
School · 2.6 mi away
Cape Academy
School · 2.6 mi away
Hancock Creek Elementary School
Elementary · 2.8 mi away
Caloosa Middle School
Secondary · 2.9 mi away
Caloosa Elementary School
Elementary · 3.0 mi away
Island Coast High School
Secondary · 3.0 mi away
Northern Palms Charter High School
Secondary · 3.1 mi away
Hector A. Cafferata, Junior Elementary
Elementary · 3.5 mi away
Cape Coral Charter School
School · 4.0 mi away
Cape Coral Christian School
School · 4.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 808 Cape Coral Parkway W 204, Cape Coral, FL | $155,700 | 2 | 2 | 1,013 |
| 1200 NW 87th Ave 410, Coral Springs, FL | $156,000 | 2 | 2 | 990 |
| 8901 NW 38th Dr 106, Coral Springs, FL | $157,000 | 2 | 2 | 1,160 |
| 10228 Twin Lakes Dr 16-E, Coral Springs, FL | $158,000 | 2 | 2 | 768 |
| 4516 Santa Barbara Boulevard 3, Cape Coral, FL | $158,000 | 2 | 2 | 902 |
| 3253 Riverside Drive D-301, Coral Springs, FL | $158,000 | 2 | 2 | 900 |
Moving Cost Estimate
EXIT Agents in Cape Coral
Listing Courtesy: Vylla Home
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.