4928/5000 SW 16th Place, CAPE CORALCape Coral, FL 33914Price: $535,900

Income producing duplex near Cape Harbour with strong short-term rental potential. Rare duplex investment opportunity in highly desirable SW Cape Coral near Cape Harbour. This fully renovated property offers exceptional flexibility for investors, seasonal owners, or buyers looking to live in one unit while generating rental income from the other. The duplex consists of two spacious 2-bedroom, 2-bath units, offering approximately 2,400 total square feet of living space. Both units feature updated interiors, modern finishes, and functional layouts that appeal to both long-term tenants and short-term guests. The property has a proven income history generating over $54,000 in 2025, with one unit successfully operating as a short-term rental and the other leased long-term. With the current tenant moving out, the new owner will have the flexibility to increase rents, convert both units to short-term rentals, maintain a hybrid rental strategy, or occupy one side while renting the other. With optimized management and rental strategy, the property has the potential to generate $80,000+ annually in gross income. A rare feature for a duplex in this area, the property includes a large heated pool, oversized screened lanai ideal for entertaining, and a fenced yard area perfect for pets. Located in a quiet residential neighborhood surrounded by well-maintained homes and just minutes from Cape Harbour's marina, waterfront dining, shopping, and entertainment, the property offers strong rental demand and long-term value.