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1420 NW 16th Ter Cape Coral, FL 33993
1420 NW 16th Ter Cape Coral, FL 33993
SOLD! $175,000  
1777 sq ft 3 Bedrooms 2 Bathrooms 2 Garages 2003 Year Built 10018 sq ft

Additional Details

  • Important Details: --> Vacant at close --> 2018 Roof --> AC is 2023 --> 20204 Water Heater --> Flood Zone X (No flood insurance required)
  • Features: Easy Flip with Great Specs! This 3/2 home offers 1,777 SQFT and will be delivered vacant at close. The property features a 2018 roof, 2023 AC, 2024 water heater, and is located in Flood Zone X (no flood insurance required). Additional features include an attached two-car garage, fenced-in yard, and a large lot. With the major systems already updated and only minimal interior improvements needed, this is a straightforward flip opportunity. A clean, updated product priced under $260K can be positioned to undercut the competition and stand out against the dated active inventory in the area.
  • Potential ARV: $250,000-$260,000
  • Rehab Description: To maximize resale value, the property needs new flooring throughout, along with fresh interior and exterior paint to modernize the home and improve its overall presentation. Reface the kitchen by painting the cabinets and replacing the handles/hardware to give it a clean, updated look without the expense of a full kitchen replacement. One shower will need to be re-tiled, and the garage door should be replaced. Replace the toilets and all faucets throughout the home, along with any dated fixtures and finishes as needed. The HVAC was installed in 2023 and the roof was installed in 2018, giving the property two relatively recent major components and allowing the renovation budget to focus primarily on cosmetic improvements. Once the flooring, paint, kitchen refresh, shower tile, garage door, fixtures, toilets, and faucets are completed, finish with a thorough deep clean and any remaining punch-list items to create a clean, modern, market-ready product.
  • Ideal Investment Strategy: Resale/Rental
  • Comparable Rent: $1900-$2000/MO
  • Construction: CBS
  • Comp 1: 122 NW 15th Ter, Cape Coral, FL 33993 3/2 1458 SQFT 2006 Build PENDING @ $280,000 (Smaller/some updates)
  • Comp 2: 1311 NW 15th Ter, Cape Coral, FL 33993 3/2 1625 SQFT 1996 Build SOLD @ $257,500 9/4/26 (Smaller/clean)
  • Comp 3: 1601 NW 16th Ter, Cape Coral, FL 33993 3/2 1404 SQFT 1992 Build SOLD @ $243,000 9/2/26 (Smaller/some updates)
  • Comp 4: 1702 NW 7th Ave, Cape Coral, FL 33993 3/2 1799 SQFT 2006 Build SOLD @ $282,000 8/31/26 (Dated)
  • Comp 5: 1124 Diplomat Pkwy W, Cape Coral, FL 33993 3/2 1574 SQFT 2004 Build SOLD @ $230,000 7/28/26 (Smaller/cleaned up
  • Comp 6: 1419 NW 20th St, Cape Coral, FL 33993 3/2 1600 SQFT 2006 Build SOLD @ $270,000 7/23/26 (Smaller/dated cleaned up)
  • Comp 7: 1621 NW 18th St, Cape Coral, FL 33993 3/2 1408 SQFT 2004 Build SOLD @ $265,000 7/1/26 (Smaller/some updates)
  • Hard Money: Hard Money Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money
Property Location

Benjamin Valdez – Asset Manager

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Benjamin Valdez – Asset Manager