Sands REPM

4928/5000 SW 16th PL photos

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4928/5000 SW 16th PL, CAPE CORAL

Duplex

Active

$495,000

4

Beds

4

Baths

Est. $3,135/mo · Get pre-qualified

Home Type: DuplexYear Built: 1983Lot Size: 0.23 acres

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.

172 days on market · Listing updated August 23, 2026

Location

Facts & Features

Flooring:
Tile
Heating:
Central Electric
Cooling:
Ceiling Fan(s), Central Electric, Zoned
Utilities:
Cable Available
Sewer:
Assessment Paid, Central
Water Source:
Assessment Paid, Central
Exterior Features:
Sprinkler Auto
Construction:
Concrete Block, Stucco
Roof:
Shingle
Fencing:
Fenced
Waterfront:
None
Lot Features:
Regular
Irrigation:
Assessment Paid
Road Surface:
Paved
Structure Type:
Duplex
Pool:
In Ground, Concrete, Screen Enclosure
Windows:
Single Hung
Community Features:
None, Non-Gated
Subdivision:
CAPE CORAL
Zoning:
RD-D
Annual Taxes:
$3,552
Pets Allowed:
No Approval Needed
Possession:
Close Of Escrow
Listing Terms:
Buyer Finance/Cash

Price History

DateEventPrice
Mar 10, 2026Original list price$545,900

Reflects listing data on file, not a complete transaction history.

Listed by Brian Koonmen, RE/MAX Trend

$495,000

4928/5000 SW 16th PL, CAPE CORAL

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$3,135

est. monthly payment

Estimate only — actual payment depends on your lender, credit profile, and final loan terms.

The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.