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111 16th Terrace, Cape Coral
New construction
1 / 24

NW CAPE · 33991

111 16th Terrace

Cape Coral, FL 33991

$4,800,000
New construction Zone X

$Infinity / sq ft · 1 days on market

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  • 0 Beds
  • 0 Baths
  • 0 Sq ft
  • 2026 Built
  • 1.033 ac Lot

How this home is priced

List price $4,800,000, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 112 days.

$Infinity

Per sq ft

Sold median $234

+1100.0%

vs median sold

$400K median

112 days

Median days to close

New construction

98.9%

Sold-to-list

Typical negotiation

Builder & community

Builder
Community
Subdivision
MLS status
Active
See all homes

Utilities & assessments

Cape Coral's Utilities Extension Project converts well-and-septic streets to city water; the assessment follows the property.

Water
Sewer
Utility assessment
None on record

Source: MLS. Verify current and future utility assessment status with the City of Cape Coral and the seller.

Flood zone Zone X

Minimal flood risk. Flood insurance is optional for most lenders and typically inexpensive on a new build. Read the flood-zone guide.

About this home

Unique Cape Coral Investment Opportunity. This brand new 16-unit 2 story building offers an exceptional investment opportunity. Property has tons of upgrades: 2 story concrete block building with 16 units all 2 Bed/bath, tile flooring throughout, granite countertops, stainless steel appliances. Not in a flood zone, no HOA fees, close to shopping, schools and dining. Could be used as vacation rental or long term rentals. You can not build same building for this price, offered below current construction cost for quick sale. Great option for 1031 exchange.

Home features

Bedrooms
0
Bathrooms
0
Living area
0 sqft
Garage
0-car
Pool
No
Waterfront
No
Lot
1.033 acres
Stories
1
Year built
2026

Property details

MLS #
1192942418
Status
Active · New construction
MLS status
Active
Property type
Single-family residence
Subdivision
Listed
Oct 14, 2026
Days on market
1
ZIP
33991
County
Lee County
Water
Sewer

Location

Open in Maps
OJ

Listing agent

Otis Jonuskis

Self Realty

Call

The data relating to real estate for sale on this website comes in part from the Southwest Florida MLS. Real estate listings held by brokerage firms other than the listing broker are marked with the IDX logo. Information deemed reliable but not guaranteed. © 2026 Southwest Florida MLS. Listing courtesy of Self Realty.

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